Online income report August 2012

Hi everyone, I need to say I’m really sorry to write this report so late. There is always so much to do and I prefer to build my business than writing about it and how great it is or would be if I had more time…

There wasn’t only business or my work but as I mentioned before, the second summer holiday we did this year. We went to Portugal and it was awesome. There was a chance to connect to the internet at the hotel but I (first time ever) didn’t take it. I connected only once at restaurant after dinner just to see what the weather in next few days will be and to load new posts to my RSS reader. Nothing else. the real holiday. I didn’t bothered how much money I did in the past week, what website went down, if there is a new comments on my pro blogs… Ignorance is bliss.

I had this plan in the past but there was always something that needed to be done or fixed. Not this time. Do you want to know what I missed?

There wasn’t end of the world, none of my blogs has been hacked, I didn’t get boot from Adsense. Only mirror issues, one of hosting invoice showed as not paid (just matter of few minutes, once I get back to the PC at home, to check the PayPal account and open the ticked with the transaction number) and one VPS showed massive load and the admin took down index page from one blog.

Also there was over 200 new messages in my email, nothing I can’t “fix” in few of days of working.

I already know the plan for next holiday. I’ll be enjoying the time on the beach as I did in Portugal. The only worry will be again just to find the food I want to eat and what will be the adventure for tomorrow. Nothing is more important than our lives. I’m not selling the idea of doing nothing all the time, I’m just trying to tell you that it is nice to build business around but sometimes we all need to relax. Not for one hour or one day, that’s for them who is working 8 hours a day but if you are working the 8 hours and after that trying to build and run a business instead of having a beer or watching a TV, you need a proper break. I had one and now I’m full of energy and new ideas. Try it!

Right, back to the income report.

My online income in August 2012:

Adsense: £ 661

Infolinks: $ 167 (£ 104)

Other: £ 88

*Expenses: £ 192

Net income: £ 661

£ 661 is 828 Euro and about 1060 US Dollars. Second time in the row over 1000 USD in one month from Adsense!

What Is Passive Income?

August online income was a bit less than last month but it’s not that bad at all. I’m happy to see this amount of money coming every single month to my bank account. As opposite to Adsense, my Infolinx income grown quite a lot. It’s because I added new blogs to the Infolinks account and also the traffic of existing Pro Blogs went up a bit.

* I always spend all money from Infolinks and other advertisers and affiliate programs because I get this money to my PayPal account and then use it for outsourcing, new hosting and domains payments. The Adsense income going straight to my business bank account and it just stay there for while. I’m not spending this money back on the business and that’s the reason why it is the Net income.
Here is the chart of daily average online income report from the beginning to August 2012

My online income report from the beginning to August 2012

At the beginning of my online money-making journey I was hopping to get £1 per day in average. And also each month increase of £1/day each month. It means: if I do in December 2010 £31 for whole month (£1 per day), in January 2011 I should get £62 (£2 per day), February 2011 £84 (£3 per day), etc. Yes my goal is £1 a day better than last month. Now in August I should be at £22 per day in average. In January I was getting over £20 a day, July £23 and this month was my online business giving me a bit over £21 per day in average. I know, July average online income was a bit better but I’m happy to be even a bit under the blue line (goal line).

Thank you for reading my blog and online income reports and I hope you are doing even better than me.

3 types of income: Active, Portfolio and Passive Income

Online income report July 2012

Hi everyone, I need to say that, my online income was in July growing again! This feels really good especially if I’m thinking about my love to travelling and the sense for responsibility. I really can put those two together. In July I came slowly back to my working after coming back home from work and I took care about all my Pro Blogs, I’ve even made couple new ones. The plan is, of course, build more new blogs in August and there is not much time because end of August we are going to Portugal. Yes another holiday, our second this summer. My colleges already noticed that I’ve been out of the UK few times this year and they still don’t know about the Christmas one (we are actually looking these days for nice place to stay for couple of weeks at the end of this year). And where we’ve already been?

  1. We started this year with new year celebration in Valletta (Malta).
  2. Spend Easter in Dublin (Ireland).
  3. Went for couple of days to Calais (France).
  4. Early summer holiday at Tenerife (Spain).
  5. And this one, late summer holiday in Portugal.

Not bad for working couple, isn’t it?

I’m not trying to impress anyone here and I know about people doing over 20 countries each year, all I want to say is You can do the same. Since I started with online marketing my eyes opened wide to all the new choices we have in our lives, and if I can do this, anyone can. Don’t forget, I’m not native English speaker and I’m pretty sure you can see it in all my posts (and I’m really sorry for my grammar). If I (Johnny Foreigner) can build all my Blogs in English, I’m sure, everyone can.

How To Start Making Passive Income

Back to business. In July I was also looking for some additional ways to make money online. I planned a website for Germany like alltagskredit.de but instead of this dropshipping was one of the those ideas. Dropshipping is looking good because of one main thing. You don’t have to keep the stock at home, you just get the propagation material (usually photos and some info about the product) and you can start selling. Once somebody buy the product from you, you’ll get  paid, quickly pay to your supplier and he will send the product to your customer. You don’t even have to touch it. Yes, another location independent business. There is, of course, more negatives. You are selling something you didn’t check on your own, the competition is pretty high if you are using popular products or using popular supplier. Anyway, there is lots of learning for me. I just found supplier who not many people know about and put on eBay 20 “Buy it now” products and was hoping for the best. The best result is one sale with price tag just over £75. Minus 10% eBay fees, minus 5% PayPal fees and minus £8 eBay insertion fees for 20 products and finally minus the price I was paying for the product. Net income from only one sale? £21, hooray! I know, I can still go a bit down with the price and try to post more products and I’ll do it. Not this month as I want to concentrate more on blogging but after we come back from Portugal I’ll be probably back in dropshipping. It was new experience and if you’re looking for some way to make cash online, this doesn’t looks bad at all. Yes it’s only £21 in one month but the investment was £8 and there is possibility to scale it and make £80 investment with £210 of profit. The sky’s the limit.

2012 Goals and Resolutions – Spring Update

My online income in July 2012:

Adsense: £ 695

Infolinks: $ 112 (£72)

eBay: £ 21

Other: £ 97

*Expenses: £ 169

Net income: £ 716

£ 716 is 910 Euro and about 1110 US Dollars. YES, over 1000 USD in one month from Adsense (plus eBay).

July online income was again better than last month and I’m so happy to see that the hard work I’ve done few months back was worth. I also promised to myself I’ll be working hard again in August and I’ll try to make another 10 new Pro Blogs. There is lot’s of to do to keep running all of them but I have always a spare few hours each week to make new ones. I don’t want to waste the time in August playing with dropshipping but I’ll definitely try it later.

 

* I always spend all money from Infolinks and other advertisers and affiliate programs because I get this money to my PayPal account and then use it for outsourcing, new hosting and domains payments. The Adsense income going straight to my business bank account and it just stay there for while. I’m not spending this money back on the business and that’s the reason why it is the Net income. In July I also get £21 from single sale using eBay and Paypal, this money went straight to my business account and I had to add it to the NET income. It’s a profit.

Here is the chart of daily average online income report from the beginning to July 2012

At the beginning of my online money-making journey I was hopping to get £1 per day in average. And also each month increase of £1/day each month. It means: if I do in December 2010 £31 for whole month (£1 per day), in January 2011 I should get £62 (£2 per day), February 2011 £84 (£3 per day), etc. Yes my goal is £1 a day better than last month. Now in July I should be at £21 per day in average. In January I was getting over £20 a day, June £21 and this month was my online business giving me a bit over £23 per day in average. July is actually the best month ever and I’m soo happy with the whole portfolio of blogs and also with the new eBay experience!

Monthly income report March 2012

This is scary. It’s already April and the first 90 days of 2012 went so quick. I know, last time I was talking about doing as much work as possible but sometimes we should just stop the work and enjoy the life. The life is just too short and quick. We can’t live the 2011 again, it’s gone and all we have is nice or bad memories. I’m always trying to get as much nice memories as possible for me and my beautiful fiancée. That’s the reason why we are outside on some trip every single weekend and did last year two vacations. Actually we are trying to do even more this year. The first one is Dublin where we will be this Easter. I hope there will be nice weather and we will be able to get some nice memories.

Anyway, back to the Earth and to the monthly income reports. As I told you before, I’m doing each month report of my Adsense and Affiliate income to inspire you and keep you building Pro Blogs even you are not getting the money at this moment. Everything need its time and each Pro Blog need the time to grow and make some money to your pocket. If you are going through this difficult time, please check my report to see where you can be in one year time.

https://www.smartpassiveincome.com/income-reports/my-september-2012-monthly-income-report/

My online income report for March 2012 in numbers:

Adsense: £ 575

Infoliks: $ 260 (£162)

Other: £ 52

*Expenses: £ 214

Net income: £ 575

£ 575 is 690 Euro and about 920 US Dollars.

As you can see, March online income was a bit better then February online income but March was 2 days longer and if you scroll down to see the report of daily average you’ll find out that the March daily income was actually exactly the same as in February.

I’m not exited about it (like over the moon) but definitely not disappointed. Actually, last six months the online income was always about £500 and compare to renting property, you have to own house or flat with price tag £100 000 to get £500 as monthly rent from tenant. And of course, you don’t have many chances to double the income in next six or twelve months. Yes, with building new Pro Blogs you have much bigger chance to get double of that money in one year time.

* I always spend all money from Infolinks and other advertisers and affiliate programs because I get this money to my PayPal account and then use it for outsourcing, new hosting and domains payments. The Adsense income going straight to my business bank account and it just stay there for while. I’m not spending this money back on the business and that’s the reason why it is the Net income.

Chart of daily average income from the beginning

At the beginning of my online money making journey I was hopping to get £1 per day in average. And also each month increase of £1/day each month. It means: if I do in December 2010 £31 for whole month (£1 per day), in January 2011 I should get £62 (£2 per day), February 2011 £84 (£3 per day), etc. Yes my goal is £1 a day better than last month. At this moment I should be at £17 per day in average. In January I was getting over £20 a day, now in March was my online business giving me over £18 per day in average. Actually the same as in February. I hope it will be over £20/day again. I’m not only hoping, I’m working hard to develop more websites which will help to the increase of £1 per day each month.

As you can see, 17th month in row I’m still over the goal I set on the beginning of this money-making online journey.

 

Passive Income 101: How to Travel the World Without Working (AND $50 in free video content)