My May 2016 Monthly Income Report
May’s Overview
This is the first of 4 reports that I’ve had to write months later. It’s September 12th 2016 over 3 months since this report was due- damn! Many of you have emailed me concerned as to why I haven’t been putting reports out. It really bothered me that I wasn’t able to publish any reports and disappointed with myself at how helpless I had become.
Long story short, I haven’t really been able to work since mid April until recently (late last month- August) due to some personal setbacks I had to deal with. Nevertheless, I appreciate your patience and sorry for the long wait!
In total, I generated $10,376.36 which was equivalent to a -40.67% decline from April’s revenue which resulted in crazy -69.10% decrease in net income.
As you’ll see below, I completely neglected everything else except for Amazon and the ever steady rental income!
Anyway, here’s how May really went down…
Income Breakdown
Digital Services$0.00 (-100.00%)AdSense Revenue from Niche Sites$0.00 (-100.00%)Dating Website Membership Fees$0.00 (-100.00%)Room Rental Income$1,039.47 (-0.94%)Amazon$9,336.89 (-38.50%)$5K Amazon Business System$0.00 (0.00%)Alex & Pike$0.00 (0.00%)eBay$0.00 (-100.00%)Craigslist$0.00 (-100.00%) Hot Chocolate Donations$0.00 (0.00%)
May’s Gross Income
$10,376.36 (-40.67%)
Estimated Expenses
Cost of Goods Sold$4751.50Web Hosting$62.00Landing Page + Analytics$18.00Email Services$37.00Fees$3,109.79Amazon SEO$50.00Shopify Store Subscription$0.00Shipping & Handling + Shipping Supplies$0.00Advertising$0.00Outsourcing$0.00
May’s Estimated Expenses
$8,028.29 (-18.83%)
Net Income (estimated): $2,348.07 (-69.10%)
Lesson Learned
“A luta continua, vitória é certa”.
Meaning, “The struggle continues, victory is certain”. It’s so easy to give up in the face of uncertainty but I keep reminding myself that this is a commitment and you simply don’t back down from a commitment- you keep fighting on all fronts!
I realize the above quote is from April’s report but it still applies now more than ever. It was almost like a premonition especially looking back to the events that followed months to come.
I’m still here though so vitória é certa haha!
Thank you for reading, until next month, stream on!
