2017 Quarter 2 Revenue Report

Time for one more quarterly earnings report seeing as the way it’s been manner overdue! I’ve been freelancing full-time for about 11 months now and it’s been an thrilling journey to date. I left my job final yr to pursue freelance writing and running a blog full time. My final day of labor was August 31, 2016 and I assumed it could be enjoyable and useful to share quarterly earnings and enterprise progress studies to allow you to all take a behind-the-scenes look into all that goes into working a web based enterprise.

Why submit earnings studies?

Sharing my earnings publicly on-line permits me to be accountable for my objectives and have the ability to observe my progress together with my successes and failures. Being self-employed is difficult work and I would like all of the accountability I can get.

I additionally share earnings studies as a result of I personally discover them inspiring and motivating and I’d prefer to inspire different people who find themselves at the moment doing related work as me or are contemplating happening this path.

I at all times get a ton of questions on running a blog and freelance writing. I attempt to be as trustworthy and clear as attainable and discover that posting these earnings studies helps with that transparency as a result of it exhibits others a REAL method to make cash on-line and run a worthwhile enterprise from house.

Lastly, I wish to share what I’ve discovered alongside the way in which. I’ve discovered so many precious issues from different those who have allowed me to get to the place I’m as we speak so I wish to proceed to unfold the information and expertise so others can apply it in their very own manner.

I’m at the moment penning this earnings report from my coworking house on the town that I go to as soon as per week. Final month, I made a decision to cease being low-cost, chew the bullet, and at last try a coworking house. I like working from house, however I don’t get to work together with anybody however my cat (and typically my son who is definitely extra of a distraction) at house so it might get a little bit lonely.

Plus, I dwell in a good sized city and wish to meet and community with extra people who find themselves work just like me or working companies in different areas. That being stated, I’m additionally in a position to get way more accomplished even in that in the future per week that I work in an workplace.

Since summer season has develop into as busy as I anticipated it to be, I slowed down on freelancing a bit and now I solely freelance 3 days per week. The opposite 2 weekdays are reserved for my weblog and different enterprise objectives and I’m attempting to take weekends off. Nevertheless, this doesn’t at all times occur however I’m grateful to have a versatile schedule. If I wish to take off a Friday afternoon and work Sunday morning as an alternative, I can do this and I get pleasure from having that freedom.

That being stated, let’s dive into my enterprise earnings and progress over these previous couple of months.

Throughout Quarter 2 of 2017, I Earned:

That is the cash that truly made it into my account throughout April, Might, and June and never the cash I truly earned. I receives a commission by quite a lot of sources and typically, funds don’t are available till 30-60 days after I’ve earned it.

This quantity additionally represents the gross earnings I acquired so it’s earlier than PayPal charges and taxes have been deducted. I attempt to put aside 20%-25% of my earnings every month for dreaded taxes.

Right here’s How My Quarterly Revenue Breaks Down By Supply

Freelance: $13,978.20
This contains earnings from freelance writing and digital assistant work. Primarily this yr, freelance writing work has been my bread and butter however I gained a brand new part-time digital assistant shopper final month. Consequently, my VA earnings ought to improve fairly a bit over the subsequent few months which is why I could have to interrupt up my earnings extra throughout my subsequent earnings report to indicate a clearer distinction between my two major freelance providers.

Associated: Tips on how to Get Began With Freelance Writing

22+ Web sites That Pay For Visitor Posts

Tips on how to Grow to be a Digital Assistant

Running a blog Revenue (Affiliate gross sales, promoting on my web site, podcasting, and so on.): $2,884.48
I’m glad that weblog earnings is up from final yr however I have to make a constant effort to deal with it extra. My major streams of blog-related earnings embody sponsored weblog and social media posts, affiliate earnings, placing advertisements on my web site, and promoting and sponsors for the podcast that I host with Kayla and Erin (sadly, we decied to finish the podcast and you’ll try our final episode right here).

Associated: Tips on how to Begin a Profitable Cash-Making Weblog in 10 Days

What I Discovered After 6 Months of Running a blog

Teaching: $65

I’ve been engaged on revamping my teaching program and I haven’t been promoting it in any respect however somebody did attain out to me final month so I used to be very happy to begin working with them.

Have You Taken My Running a blog Course But?

I wouldn’t have a versatile enterprise that allowed me to earn a living from home if I hadn’t began this weblog. Earlier this yr, I created and launched a free e mail course that teaches you all the things I find out about begin and develop a worthwhile weblog. The course is delivered in a 10-day sequence and I’ve already acquired a ton of nice suggestions from individuals who have taken it to date.

Join beneath when you’re prepared to begin a weblog and are excited about studying how one can earn a revenue writing about one thing you’re obsessed with, or you may try my step-by-step tutorial information which exhibits you arrange your personal skilled weblog in minutes.

Bills

Quarter 2 was tremendous costly in comparison with final quarter when my complete bills have been solely round $710. I employed somebody to assist me schedule pins on Pinterest final month and it was cash nicely spent. All of the bills I’ve are important to conserving my enterprise working easily so it’s essential that I handle my cash property and proceed residing frugally so I can meet my objectives.

Additionally, understand that I pay for internet hosting and area charges to maintain this web site working yearly in order that they gained’t at all times present up on my earnings studies.

Weblog Assist and VA: $1,234.70

Tailwind (for Pinterest scheduling): $44.97

Freshbooks (instrument I exploit for invoicing shoppers which helps me save tons of in PayPal charges per yr): $38.85

ConvertKit (to ship emails to my publication subscribers. ConvertKit is tremendous simple to make use of for non-techy folks like me and I’ve created two nice e mail programs with ConvertKit already): $87

Dlvr.it (for sharing posts on Twitter): $30

Inventory Photographs (I began utilizing Wonderfelle final month for styled inventory photographs and I’m obsessed): $14

Programs and Extra Training: $329

New Web site Design: $200

Complete: $1978.52

A Breakdown of Quarter 2:

I met just about all of the objectives I set final quarter besides having the ability to get 1 week forward on all my shopper work. Right here’s what I centered on throughout quarter 2.

April

Two talking gigs- In April I did spoke at two Cash Sensible Week occasions at two completely different schools. It was a enjoyable and attention-grabbing expertise though it wasn’t paid. However it was an effective way to observe and see if I actually get pleasure from talking. Because it seems, I like speaking about cash as a lot as I do writing about it and I like connecting with folks in particular person in addition to the instructing facet. I’m undoubtedly making some strikes to land some paid talking gigs sooner or later.

Continued working forward on weblog posts- In April I additionally continued working forward on posts for my weblog which allowed me to nonetheless have posts scheduled out weeks upfront. Nevertheless, I didn’t get 1 week forward on work for all my freelance shoppers but. I did this for about half to date.

Up to date Wedding ceremony Information- It took me a couple of day to replace my Wedding ceremony Price range Information, then I used Fb advertisements to put it up for sale. I hope to put it up for sale once more quickly because it’s the peak of wedding ceremony season.

Created my pitching e mail course – In April, I additionally created one other course however this one is for freelancers. It’s a course about pitching shoppers which is step one if you wish to begin incomes cash as a freelancer. The 4-day e mail course is known as Freelancer’s Profitable Pitch and it teaches all the things I’ve discovered about figuring out your supreme shopper and sending out high quality pitches that land you the job together with the precise template I exploit to pitch shoppers. Plus, college students who take the course get to take part in a 5-day problem to allow them to begin implementing what they discovered and acquire shoppers quick.

This course isn’t only for freelance writers and I designed it for freelancers in any area of interest. Should you’re prepared to begin incomes cash as a freelancer, you may study extra in regards to the course right here.

Organized all my affiliate programs- This has been manner overdue however I used to be lastly in a position to set up all my affiliate applications so I might verify in on them and replace hyperlinks extra simply. Doing this can be a MUST when you’re a blogger and it took me a number of days since my stuff was a scorching mess.

All in all, I’m have about 30 associates and I even came upon I had some commissions pending from smaller affiliate applications like survey corporations so it was good to get organized.

Might

Labored on web site redesign – In Might, I began working with my internet designer to redo my web site. I truly favored my final theme however I put it up myself and there have been nonetheless some kinks I couldn’t work out with the theme. I’m so completely happy I finished being so low-cost and at last bit the bullet and employed somebody. Now, this design and structure is extra clear, skilled, and arranged.

I actually loved working with this designer who was reasonably priced and tremendous simple to work with so if any bloggers are in search of a referral for his or her web site, I’d be completely happy to attach you!

Up to date previous posts for Search engine marketing- Throughout this month, I actually received into updating Search engine marketing on my web site. I did a ton of issues like updating key phrases, making well-liked posts longer and extra detailed, including hyperlinks, altering H2s, updating my sitemaps, and rushing up the load time on my web site. It was very boring work, however I did it for about 20 of my prime posts and it actually paid off. Certainly one of my posts that was already semi-popular has been getting extra visitors and bringing in constant affiliate earnings every month.

Created new e mail choose freebie and sequence – It’s been some time since I created a freebie opt-in for brand new subscribers, so I created one other one in Might. You’ll be able to see it as a pop-up once you go to this web site.

June

Submitted a visitor post- In June, I met my objective to submit a minimum of 1 visitor submit on one other weblog. My schedule is loopy today, but it surely’s been so lengthy since I submitted a visitor submit and I’d nonetheless love to do it now and again as a result of it’s an effective way to attach with different bloggers. Fortunately, Alexis from Fitnancials was prepared to permit me to visitor submit on her web site and she or he contributed a visitor submit to my web site as nicely.

Programs Galore- Final month I additionally began retaking Making Sense of Affiliate Advertising which is a really precious course that I can credit score for my affiliate earnings enhance over these previous few months. Michelle is a grasp at affiliate internet marketing and I’d extremely suggest this course when you’re seeking to take your affiliate earnings to the subsequent degree.

I additionally took one other quick course in Might and began a web based coaching program for a certification. I’m virtually accomplished with the web coaching program and my hope is that it’s going to present me with extra expertise and credibility to begin internet hosting dwell private finance workshops and land extra talking gigs.

Slowed down on freelancing – One other factor I did in June was begin slowing down on freelancing. I truly suppose my freelancing earnings was a bit decrease this quarter in comparison with final quarter, but it surely’s tremendous since my earnings is choosing up in different areas.

I discovered a free native camp for my son to attend a number of hours a day in June however that camp resulted in July so he’ll be house with me till mid-August when faculty begins again. My husband watches him on Monday and my mother watches him on Wednesday however Tuesday, Thursday, and Friday I don’t actually have any childcare assist so I lightened my load a little bit with freelancing in the intervening time.

Plus, I wish to benefit from the summer season and never work 7 days per week like I had been.