Bad News Everyone
February is over! Although it was very calm at work, my wallet had to suffer quite a bit. The car broke down, I had to pay at least a grand doing a checkup and repairing it and worst of all… Amazon let us down!
In case you haven’t heard or if you’re not that familiar with affiliate marketing, Amazon’s commission have changed and they are fixed now.
Most affiliates will be suffering from this and I’ve read from many super affiliates that they’ll earn around 40% less.
This is of course a massive amount especially when you’re used to making anything from $10,000-$20,000 per month!
I haven’t really worried too much about this change yet as the current site I’m working on with a friend is still fairly young and only makes about $2-$3k monthly so we had a lot of growth to do anyway.
Now we can focus on grasping the highest commissions hopefully and not suffer too much from this loss.
Before I go into detail about my objectives I’ve set (and forgotten mostly) last month, let’s take a look at the blog statistics.
I only found out near the end that one strong backlink and main source of traffic every end of the month, will now disappear as well.
Used to be featured on a roundup for income reports and for some reason the owner of that roundup decided to stop doing these.
One bad news after another ey? Ah well not too worry as I have other focuses these days.
Nothing out of the ordinary really if you look at this graph. It’s always very equally choppy and although I did hit a few nice days, the overall traffic wasn’t massive especially because February is a short month.
I’ve done a lot of reading and thinking over the course of the month and I definitely feel more motivated than ever.
I’m not sure if anyone can relate but there seems to be this fire inside of me that burns like a uncontrollable firs in a forrest. Whenever I switch on a console and start playing video games, I feel like I’m wasting time and it doesn’t take long for me to switch it off.
When I go to sleep at night I lie in bed for at least 1 hour just thinking of ways to increase my income (it’s incredibly annoying as I can’t really sleep).
When I wake up in the morning (a lot earlier than I’d like to) my mind goes insane again.
So having said that, starting this month I will push even more to increase this passive income.
The statistics clearly show a strong deficit in terms of numbers, but as already explained, this is mainly because of the short month.
Additionally the traffic source for the beginning and end of the month is also a strong indicator of lower figures.
Overall it is actually very similar to last months.
But if you’re interested in the full breakdown and difference to last month, here it is:
256 fewer sessions, 212 fewer users and 479 fewer pageviews. The bounce rate went up 2.1%
I think once I live off my online earnings, I will focus to explode this blog and make it a strong source of passive income as well.
As for now I want to concentrate on my other website as it’s more fun and seems to be doing very well.
As just highlighted in the previous part, I am determined to make it and get a massive passive income.
My goal has always been (and still is) to be a millionaire by the age of 30! I am 28 now so I have less than 2 years left!
I am confident that this goal will be reached. However that is not my end goal. I’ve always thought once I reach 5 million that’s me sorted!
Now I’m thinking, “why am I restricting myself to a low number”… I don’t really know why I did.
My new “end” goal is to be in the 8 figures. Being a billionaire is too much and it comes with too many dangers and obligations. I honestly believe that multimillionaires are happier than billionaires.
I’ve watched a ton of documentaries on wealthy people (mainly at work as I work for a T.V. station) which gives me that impression.
I’ve also FINALLY joined the gym again and it feels amazing. I was really depressed the last few months and for some reason I tried to seek comfort with locking myself indoors, eating nonsense and drinking quite a bit.
Now I’m on my health craze again and it’s honestly such a nice feeling. I really missed hitting the gym.
To break from the personal life pattern here are some figures of the traffic breakdown.
And yes once again main source is organic which is probably the best source to me.
It’s the one you have to worry and work the least for once you managed to rank for certain keywords.
As I don’t really have much to say about this I might as well jump to the change and breakdown now.
The full breakdown is as follows:
- Organic search decreased by 144
- Referral decreased by 45
- Direct traffic decreased by 59
- Social decreased by 16
- Other increased by 8
So although my figures suffered a little on my blog due to the short month, I have to say I am amazed that my side project is stronger than ever even with all the changes and shortages.
Before I go into the side project I quickly wanted to mention that I’ve been getting a lot more requests for guest posts which I love! And this month I have to say I got the best guest posts so far.
Not only did I learn a lot myself, I think you should all have a read at these here:
This guest post was written by the lovely Emma Miller
This guest post was written by the talented Neerja Gupta!
Do make the effort and read these! You won’t regret it.
Over the entire month we only added one or two reviews and did about 3 updates. Next month we’ll destroy the whole thing by working like mad animals on it.
Can you believe that we almost got 30,000 visitors in February???
This must be reached by March otherwise I will be very angry! January was a bit slow because people tend to buy less after xmas, and I expected February to be very similar.
However this is what we managed to scratch together:
Not too shabby right?
That’s actually a whole $1,000 more than the previous month. I can’t believe that I used to almost make the same amount in my first job and I am barely touching this site!
Total hours worked on it in February is probably around 3 hours total. Compare that to a normal 9-5 …
As highlighted in the introduction. I kind of forgot about most of my objectives and I did look at them several times.
My main focus was on sorting out my mortgage which by the way was finally approved!
This means I’m closer to gaining another source of passive income very soon!!!
- Set up a meeting to find out how to open an online company in Lux (failed)
- Make at least $2,500 with side project. (Exceeded!)
- Get my tax return sorted out. (need to wait for more papers)
- Possibly get that mortgage now on the flat! (Approved)
- Clean up on more unfinished projects. (Was supposed to be done but still waiting on a reply)
- Save up to 3k on one of my savings account (Done!)
Now that I go through these goals I realized I did very well actually. Many of the goals I failed to achieve are out of my hands.
I was going to sell one of my old websites and I did get an interested buyer, however they are being very annoying and long about everything and I’m not sure what the holdup is.
Not only is it annoying because it’s another thing on my mind constantly that I have to chase, it’s also annoying because I wanted to increase my earnings this month.
I was going to sort my Taxes this month but I have to wait for some more papers as well on that, and I wasn’t able to sort a meeting for company creation due to lack of time really.
So again my earnings suffered in terms of the short month especially when you look at these recurring sales:
- Recurring sales with WA – $53.00
- Referral Credit at WA – $3.00
- Google Ads – $0.10 (Rounded from Euros. Not exact figure!)
- Amazon Niche site – $9.60
- Tim Sykes – Silver Subscription – $236.24
- Side Project – $1,400.47
- My Book: $2.30
My costs as usual remain:
- Aweber – $19.00
Total Earnings Of February 2017 – $1,685.71!
Love to see this increase now. It shows that progress is finally happening. It was very demotivating at first when I looked at my monthly reports and almost no change would happen.
Now there’s a small increase each month and it makes me want to push forward every second.
I hope we don’t take too much of a beating due to Amazons new commission policies and that I can break the 2k benchmark in March!
Objectives For March
Now that I’m pumped more than ever I want to really speed up the process. A lot of the times you’ll end up helpless and don’t know what to do in order to progress because it is out of your hands.
Especially when you have to wait for answers or literally just let your sites age. These moments can be frustrating but I figured theres always something to do.
Having said that, these will be my objectives for next month:
- Buy the flat!
- Sort out Taxes
- Finish off old projects
- Make at least $2.500 with side project!
- Finish reading 2 books I’ve started
Although we reached $2.8k with our site, I am a bit worried with new commissions to make it happen again. I know that in the long run we’ll end up getting it to $10k/month but it will take more time now.
Both my friend and I will soon have a bit of a holiday to catch up on things which will help a lot.
Are you fascinated with the way I generate this income by almost doing nothing? Would you also like to have a bit of extra cash at the end of the month?
In that case stop wondering how it works and take action. Everything you need to know is one click away and you could start earning tomorrow already! I’m not even trying to be a typical salesman selling you nonesense.
In fact I’m actually offering a free course you can look into and see if this is for you. All you need to do is have a quick look and read through this review. Maybe watch the video and sign up as it’s totally free.
That’s how I started and it’s starting to pay off!