This is a series of reports that I will post each and every month summarising my progress. I’ll first mention the major events that may have happened within the month that could have made a difference in my earnings. I will also break down the sources of my income so that I can keep track of how each one is doing. Lastly, I’ll conclude with the most important things that I learned and what I have planned for the near future. I’d love to respond to any questions or comments that you may have. Thanks!
Important Goings On In July
July was a tough month for me as I had some issues with the writers that were writing my books so I had to stop working with them. To cut a long story short they were supposed to guarantee my books back within 7 days, they were taking 14 days to get the book back to me and it was full of spelling mistakes and errors. I’m not going to publicly name the company but it was a well known writing service in the kindle publishing community. So July was spent trying to hire new writers. As a result I only managed to publish one book in the entire month.
But I was able to spend more time coming up with new T-shirt designs. I’ve still not been approved to Amazon Merch so that is still very frustrating,
How Do I Make My Money Online?
The majority of the money I make online comes from Kindle Publishing. Some also comes from Createspace and a small amount comes from selling print on demand T-shirts on sites like Merch By Amazon, Redbubble and Teespring. Plus some small affiliate earnings.
Kindle Publishing
This is my total from Kindle taken from the Book Report dashboard plugin for Kindle. It adds everything up into one nice figure.
Total from Kindle Publishing – $1,628.93 (£1235.06)
Createspace
Total from Createspace – $782.16 (£590.87)
Note: I take this screenshot before the end of the day so I will get more sales as I get most during the night then get reported here. I don’t want to stay up until 5AM to take a screenshot.
Merch By Amazon (Redbubble, Teespring, etc)
Total from RedBubble – $39.92 (£30.16).
Note: I’ve only just start selling t shirts I’ve not even been given access to Merch By Amazon yet. All my sales have come from Redbubble, Teepublic and Teespring.
Misc Income
Clickbank Affiliate Payments – $350 (£264.40).
Google Adsense Payment $82.56 – (£62.55)
Total for July 2016
$2883.56 (£2186.09)
What’s Next?
If I didn’t get that affiliate payment from clickbank (for an old niche site I used to run) and Google Adsense I would have made about $350 less than I made last month. So I was lucky I got that royalty check when I did. It can be quite demoralising when you earn a really good amount of money one month and it drops the next month, but I’m getting used to it. It is what business owners call the Entrepreneurial Roller Coaster. The graphic below is surprisingly accurate of what some days can be like.
I think I’ll write a post in the future detailing what it feels like when things don’t go to plan and you feel demotivated, and as a result don’t want to work. I feel in this industry a lot of Internet Marketers aren’t being real with their followers about the struggles they have in their businesses and lives day to day. They act like they they wake up every morning super motivated and raring to go and everything always goes to plan. I know first hand that this is horseshit and not an accurate portrayal of how life really is and it annoys me.
For example waking up this morning and writing this post made me feel bad. It felt bad realising that I had in effect slid backwards from where I was a month ago. Even though from my perspective I did everything I could to keep making progress. It doesn’t feel good to admit to yourself that things are not progressing as quickly as you’d like them to. But that’s life. I’ll get over it and move on.
Thanks for reading!