I was apprehensive about posting my income online, especially under my real name – but there’s a purpose to this. It keeps me accountable and it shows people just starting out making money online that you can earn a really good income online.
The income published is made through advertising on my network of blogs. I keep the blogs, except from Wealth Way Online private – this is to protect them, my business and my income.
June Income Report:
$15889.89 New Zealand Dollar or $13932.18 USD
That’s $5372.30 less than last month.
I can’t say that I’m over the moon at going backwards with my income, but I think I’ve figured out why. I’ll explain why further below.
This month I made a total of $1205.00 from Wealth Way Online
That’s $177.84 less than last month.
What Did I do “Wrong” In June?
Let’s be honest, a $5,000 drop in a month income is a big deal. It was one of those month that started off slow, in the middle I went away and didn’t push hard with work and then was slow at the end. I knew it wasn’t going to be a ground breaking month and I was OK with that.
May was a crazy month – I mentally pushed myself to believing that I could earn over $20,000 and was very surprised to make it. So why was June so much less? I can’t be sure but here are some ideas.
1) I didn’t set a goal for June.
If you don’t prepare, you’re preparing to fail. I didn’t prepare any goals, set any restrictions or anything like that. I just wanted to see how I’d go. Rookie mistake.
I am way more motivated when I have an outrageous goal, so I’ll be setting a goal of at least $20,000 for the month of July.
2) I wasn’t so aggressive with emails.
After being borderline obsessed with emails in May, I needed a break. There’s only so many times you can write a “Just checking in to see if you got my previous message and were interested in working together” style email before you want to stab your eyes out. I needed a break!
3) Summer holidays?
I have received a LOT of auto responders from my clients during this month, far more than average. I don’t know whether it’s *just* the clients I work with directly that are away, or them *and* their clients. Either way, it’s noticeably been drier than usual.
4) Seasonal variation?
Last June was quiet and so was July and then August was my best month ever (until this year), so I am not going to stress too much. At the end of the day $15,000 a month is still a great income and I’m proud of that. If all I earned was $15,000 a month consistently I’d still be exceptionally happy.
My Goals For June Were
Outsource more: PASS/FAIL
I have a new virtual assistant who helps me with research. He’s really great and helping with some other projects I am looking to get off the ground, so a nice big pass in that regard. However, I gave up on getting someone to take care of my emails. The truth is, I like it and they’ll be easier when I’m traveling because the time zone will be more appropriate. I might revisit this later in the year, but for now I actually like being in control of my emails.
Finish Off Unfinished Projects: PASS
This has been a great month for tidying up unfinished projects, and while I’m not completely finished I have made great progress.
My Goals for July
Be More Aggressive with Emails
I’ve discussed this a lot already, so you know the deal, homies.
I don’t do a lot with my downtime and it might be a bit ambitious to suggest I take on more projects when I’m just about to leave, but I need to make the most of the next four weeks.
Earn More than $20,000
I’ve done it once before so I know it’s possible (and that’s half the struggle) so let’s do it again.
All in all, not a terrible month, but always a bummer performing considerably less than the previous month.