April 2017 Monthly Income Report – $5730.00
Welcome to my monthly income reports. Each month I will be completely transparent with you guys about the money that I am making with my online business. I do this not to boast, but to show you that it is possible to make real money with hard work and dedication.
Multiple Streams Of Income
One of the key things to making money online is having multiple streams of income. As you will see in this report, I have, on a good month 5-9 streams of revenue. Try to find various sources of income that are different enough that if something catastrophic happens to say YouTube or another way you are making money you will be ok financially.
DO NOT count on one stream of income to be the only way you make money online.
What Happened In April 2017
After a few months of not doing my income reports, I am back at it! I had some personal stuff come up that slowed me down, BUT never fear I am ready to get rocking and rolling again. These income reports are a great way for me to look back and see what I have done in the past, and areas I can improve. April was an interesting month for sure. The biggest thing that happened was the “YouTube Adpocalypse” as most creators are calling it. I’m not going to get into it here, BUT if you are interested in what’s going on with YouTube and some of their advertisers, you can watch this great video by Darral Eves explaining it:
Other than that, it was a successful month with a TON of new things going on. 🙂
Income Breakdown For April 2017
Bluehost – $870.00
Everything I do online is hosted by Bluehost. For only $2.95 a month, Bluehost can help you set up and host your blog/website. Because Porter Media is a Bluehost affiliate partner, our community can use this link to receive a 50% discount off the monthly price AND A FREE DOMAIN NAME
The two ways I am driving traffic to my Bluehost link is through Video and Blog Posts
Amazon Affiliate Program – $107.00
The Amazon Affiliate Program is a great way to get started with affiliate marketing. Amazon makes it easy to sign up and begin creating links to share to your audience. Utilize the Amazon links for product reviews, DIY project supplies, and so much more. Also, this number will be bigger in November and December due to the fact that more people are buying during the Christmas season.
Grammarly – $40.00
I use Grammarly as my number one writing tool. Grammarly is a spell checker superhero. It allows you to fix grammatical mistakes beyond just spelling errors.
Here Is My Video Review Talking About Grammarly and How to Use It
TubeBuddy – $150.00
TubeBuddy is the tool I use with my YouTube channel that adds a ton of great features that the native Youtube platform doesn’t have. Features such as automatic Facebook video uploads, batch video editing, card templates, annotation templates, YouTube quick links, and so much more. If you are serious about growing your YouTube channel, this is a fantastic tool.
Here Is My Video Review Talking About TubeBuddy and How to Use It
AudioBlocks – $40.00
AudioBlocks is the tool I use for all of my Royalty Free background music, sound effects, and music loops. AudioBlocks is a great tool for Podcasters and anyone creating content online. For just $99 per year, you have full access to download as much audio as you need. The site is also updated each month with new audio.
Here Is My Video Review Talking About AudioBlocks and How to Use It
Screenflow 6 For Beginners Course
Screenflow 6 For Beginners – $42.00
I worked for 2-3 months on creating this course, and I am extremely pleased with how it turned out. I have learned so much about the course creation process, and cannot wait to share all of it with you guys. You can check out the course here.
UPDATE ON THIS COURSE: I wanted to say something about his course in this mont’s report. I have learned a TON by having this course out in the wild, and there are so many things that I am going to do differently on the next one. The main takeaway for me from this experience is how IMPORTANT it is to interact with your students. They will go OUT OF THEIR WAY to make sure they leave you a positive review and promote your course if you interact with them more and answer their questions.
Disclaimer: Google frowns upon people revealing what they make through Adsense and Youtube. I will list an estimate here that will be close to what I made this month. This is not an exact number 🙂
Adsense – $70.00
Sponsored Posts – $100.00 (This is the amount I was paid to write sponsored content on my blog, I recommend only doing this for products that fit your niche) The guys over at Money Ahoy have a great post on how to get Sponsored Posts Here.
YouTube – $1300.00 ( This is an estimated number as I am not allowed to share exact revenue numbers, but it will let you see the value in creating a YouTube channel and what it could become).
I have a rather large YouTube Channel called TechnologyGuru with over 120 thousand subscribers and 22 million video views. It has taken me a long time to grow this community, and the channel is a primary source of traffic for all of my other content. Video content is only going to get larger if you are building a community I highly recommend starting a YouTube channel.
Subscribe To My YouTube Channel HereDue to the changes in ad placements as well as many larger advertisers dropping out of the YouTube partner program, this number has gone down dramatically from previous years. I forsee this will come back to normal sometime later in the year.
Subscribe To My YouTube Creators Hub Podcast on iTunes Here — On this show, I interview successful YouTube creators on their journey and get valuable content from them on the YouTube platform.
Podcast Sponsorships – $615.00
I have four podcasts in my Porter Media network, all of them based around content creation.
YouTube Creators Hub – Value for people wanting to start, grow and monetize video content.
Podcasters Unplugged – Value for people wanting to launch, grow, and monetize audio content.
Online Business Realm – Value for people wanting to start and grow an online business.
TubeBuddy Express – This show is an 8-10 minute podcast focused on one topic related to YouTube and video creation.
Teachers Pay Teachers – $22.00
Teachers Pay Teachers is an excellent site for educators to create digital and print items for other teachers to purchase and use in their classroom. My wife is an educator, and I saw so many PayPal payments to this site, I had to check it out. I have made a few items as I have some history in using Indesign and creating things for our church. I am still learning this platform and can see how with more work and items in my store I could make a decent passive income from this site.
Fiverr Earnings – $2200.00
Fiverr is a tool I have used from the beginning. I have used this site so many times I have lost count. I have purchased video intros, WordPress tech support, funny videos for my wife, logo design and so much more. I began selling on Fiverr around three years ago as I am a trained Voice Over Talent. I consistently make over $900 each month from Fiverr and only see this number increasing as I devote more time and work to the platform.
Videography Work — $750
Another one of my “Side-Hustles” is videography. I am a creator and artist at heart and I LOVE to make movies and create videos for people to go back and look at later. This month, I did one wedding and it turned out fantastic.
Here is the video if you want to watch it:
Freelance DJ/Host Work — NA
April 2017 Total Income – $6206.00
April 2017 Expenses:
- Podcast Hosting With Libsyn: $80.00
- Upwork Virtual Assistant: $200.00
- Website Hosting: $100.00
- Domain Names: $27.00
- Website Security: $40.00
- Social Media Management Software (Hootsuite): $29.00
April 2017 Total Expenses – $476.00
April 2017 Total Net Income – $5730.00
Goals For Next Month:
- Clean up my workflow and find a couple of task/productivity apps that work for me and stick with them!
- Finish the design and production process to continue to grow the Online Business Realm YouTube channel
- Start working on my full YouTube course
- Post 4 new posts on the OBR blog (This blog that you are reading now)
- Do the first ever YouTuber roundtable podcast episode on YouTube Creators Hub
- I am also in the middle of an experiment on my YouTube channel. I am going to upload 5 DAYS A WEEK for the next 2 months (Ending on June 30, 2017). I am wanting to see what the change in frequency will do for my already large YouTube channel.
In closing, the month of May was a wonderful month, and each time I type one of these up, I realize how blessed I am to be doing what I love for a living. I also realized that I CANNOT rely solely on one platform such as YouTube for my income. I am thankful that I have diversified my income streams to a point to where if one of them falls off completely, I am going to be just fine!