I told you that I was opening my doors. In fact, yesterday, I told you that The Financial Blogger is becoming an Open House. Today, I understand the fear of my 3 year old daughter, Amy, the very first time she put on a swimsuit and approached the municipal pool. She was standing on the edge, her eyes wide open staring at me and she was goddamn afraid to jump. This is how I feel this morning; like a little girl about to jump into the huge swimming pool for adults!
But I must stand up for what I say and start sharing the biggest secrets any blogger has: his online income statement month by month!
January is my first “official” month with full staff. I hired one VA back in October and another in November but the second person was completing her training for the past 2 months. So, we are starting the year full force with a team ready to crush 2011!
In my monthly income report, I will count what I have received in cash in my company bank account instead of considering what I made. For example, Adsense for January is in fact the money I have received from Google for the month of December.
I will also separate my monthly income report in 3 categories:
#1 Adsense (you all know what it is about!)
#3 Private advertising (this could be banners, posts, freelance work… basically anything that comes through my mailbox!)
So here we go!
Adsense income: $2,104.76
This was a very slow month for Adsense as December is always bad for traffic. Between December 23rd and the 31st, I always see my traffic stats down by 30% on all my sites (and down by 50% on Xmas and New Year’s Eve!). This is why we are off to such a slow start in 2011 with Adsense. The month of January is much better… we’ll talk about it in March 😉
#2 Affiliate Programs and Brokerage Deal: $1,847.82
The bulk of this month is coming from a deal I made in the internet marketing industry. I was able to brokerage an interesting deal for a few months and I have received the proceeds in January. I hope to get a check from Questrade, Market Samurai and another one from INO in February.
#3 Private Advertising: 3674.09
This is always a great chunk of our business. We renewed some banners and widgets this month, this helped a lot.
Total for the Month of January: $7,626.67$
While I am happy, I am not ecstatic either. My goal is to average 10K per month by June. In order to achieve this, I seriously think that I will have to launch my own products… which is a work in progress ;-). We are also developing niche websites (I’ll tell you more about it later on) so I guess I’ll be able to count coin from another source of revenue shortly 😉
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