Passive Income Report for September 2013

Passive Income Report - September 2013Welcome to my (Dumb) Passive Income Report! This blog is all about what I am doing to create several different passive income streams. This monthly income report details my results. I work very hard and dedicate many hours each week to working on my different online endeavors in an attempt to create passive income. So why do I consider it passive income then? Because I am not trading specified amounts of time for a predetermined amount of money like I do at my day job. Most of the income you will see in this report results from work I have done in the past.

Why am I sharing my income publicly? Hopefully to gain credibility with you (the readers) and to maintain a certain degree of accountability for myself. I could blog all day long about what I am doing to create passive income online, including some of my unique strategies. But why would anybody trust me and believe that what I am doing works if I don’t prove it by sharing my results? This is what I mean by gaining credibility and this is one of the main purposes for sharing my income. I also share my failures on the blog, which holds me accountable. Knowing that I will be publishing a monthly income report will keep me motivated to keep pushing forward and plugging away on the things I need to do to create future passive income.

Happenings in September

The one significant change that happened to me and the way I manage my internet life resulted from the start of another school year. Throughout the summer, I would regularly wake up at 5am to work on my internet marketing ventures. My family usually wouldn’t awake until around 8am, which was perfect because that is about the time I would have to get off the computer and start getting ready to head to my day job. With the start of the new school year, my oldest son has to be up around 7 every day in order to catch the bus at 7:45. This means that my computer time comes to an end an hour earlier. I really can’t afford to lose that hour each day – I can’t accomplish as much as I would like as it is. So – I started getting up at 4am!

4amI’ve been pleased that it hasn’t been a problem for me. I actually enjoy waking up in the wee hours of the morning. Sipping my coffee and working on the computer for several hours. I usually get to bed between 10 and 11pm, meaning I get 5 to 6 hours of sleep each night. In my old age (I’m 37), I’ve found that this much sleep is enough. Plus, one of my favorite Bible quotes that helps keep me motivated is this…

If you love sleep, you will end in poverty.

Keep your eyes open, and there will be plenty to eat! Proverbs 20:13 (NLT from Bible.com)

I do need to be awake and alert at my day job. If you didn’t know, I’m a truck driver by day. The endless podcast episodes that I enjoy listening to each and every day play a big part in keeping me awake. Many of them are internet marketing or entrepreneurial focused. I love this stuff and it keeps me constantly interested and intrigued – so it’s hard to get sleepy while driving when I have so much great stuff to listen to. I’ll definitely have to publish an updated post real soon which highlights all of the great podcasts that I listen to. But for now, you probably want to take a look at my numbers for September. Here they are…

Passive Income and Expenses – September 2013

Income

Affiliate Income from Dumb Passive Income

Other Income from Niche Sites, Old Blog, Article Writing…

  • $49.76 – Google Adsense
  • $6.69 – Yahoo! Voices for articles I wrote a long time ago

Expenses

Hosting and Domains

Tools, Plugins and Themes

  • $12.00 – Long Tail Platinum monthly fee (if you have Long Tail Pro – upgrade to Platinum here)
  • $12.00 – Long Tail Platinum monthly fee (why I ended up with 2 subscriptions –details here)
  • $19.00  – Aweber monthly fee for e-mail list management (first month trial only $1)
  • $4.90 – ManageWP monthly fee for WordPress multiple site management program
  • $14.00 – SocialADR fee for social bookmarking for my niche sites (proven results within this post!)

Outsourcing

  • $60.00 to my private writer for article writing for niche sites

Totals and Thoughts

Total income $308.04 minus total expenses $133.02 equals a net profit of $175.02 for September 2013!

Passive Income Report for September 2013

I am somewhat pleased with my numbers for September – although they are nowhere near where I would like them to be. I’m going to let you in on three of my monetary goals that I set for myself for 2013.

  • $100 in monthly Adsense income – I want Google paying me every single month!
  • $300 in monthly Long Tail Pro affiliate sales – this tool has made too big of a difference in my internet marketing journey. I have to show others why and hopefully generate some decent affiliate income for all of my efforts.
  • $1,000 total monthly income – I want to reach this for at least one month in 2013 and build on that into 2014 and the future

I’m about halfway there with my first two goals. One of my smaller niche sites is starting to see some action and I think has real potential to generate $100/month on it’s own. Hopefully that happens before the end of this year. I put a lot of time and effort into one of my latest posts, which is intended to show bloggers why they should be using keyword research – specifically with my favorite tool, Long Tail Pro (Platinum). I’m planning several more posts, case studies, videos etc., before the end of this year, which will highlight how I use Long Tail Pro and how I think others should be too. Hopefully it will generate more affiliate sales and help me accomplish that goal. I think if I focus on hitting those two goals, the rest just might take care of itself and I just might see that $1,000 month before the end of the year!

What do you think? Does this sound reasonable? How is your online income coming along? What are your goals?

Thank You!

Thank You for taking the time to read through my latest income report and Thank You for contributing  if you have previously purchased something through one of my affiliate links! If you wish to support this site, but don’t have a need for any of my affiliate products, you could simply do your regular Amazon shopping through any of the links on this site that lead to Amazon.com. You won’t pay any extra and I will receive a small commission. Thanks so much if you do so!

Remember that there are several dumb ways to create passive income online, but only one site that is blogging about it! Dumb Passive Income… dot com.

-Matt

Many of the links within this income report are indeed affiliate links. I will receive a commission if you choose to purchase after clicking through via any of these links. Thank You if you do! To your success and mine – may we all be profitable online. Good Day!

 

19 thoughts on “Passive Income Report for September 2013”

  1. 4AM, are you crazy???? 🙂 You are committed! I had the same disruption this Fall as well. My wife is a teacher and my two kids all went back to school. So my quiet mornings where I had an hour to work alone got turned upside down. But its all good. I’ve deferred a lot of my blog activities to the weekends. And like you, I do like to wake up before everyone on Sat / Sun to get stuff done.

    Nice work making so much from Long Tail Pro. I still have yet to make any money from my ad or mentions. I’ve still got a long ways to go with mastering affiliate sales. I am consistently making over $100 every month with Adsense. But they keep freaking me out with that dumb report card thing. Every few days it says I have problems and I lose all my little blue circles!

    • Hey MMD, I actually get very little done on the weekends. I still get up at 4 or 5 on Saturday morning and work for a few hours, but that’s it. After everybody awakes I am done. Sunday mornings I allow myself to sleep in. Gotta have that one day of rest each week. My weekends are mostly dedicated to spending time with my family, because I see them so little during the week. I normally don’t get home from my day job until right around the kids bedtime.

      As you know from reading my blog regularly, I put a LOT of effort into showcasing and promoting Long Tail Pro. Affiliate sales are a tough beast to conquer. The trick is to attract the potential buyers to your site in the first place – and then be convincing enough for them to want to buy right away via your link. In other words, give them all the information you think they are searching for so that don’t have to leave your site to go find it somewhere else before they purchase.

      I rarely log into my Adsense account on my computer. I watch my earnings via an app on my phone. I just logged in now though, and my report card thingy looks good! That is strange that you get a bad report every few days…??

  2. Wow, 4am is definitely early. I typically wake up at 5:45 to go my regular job. Then I get home by 4:PM and start working on my business till 6pm when my wife gets home. Then at around 10pm, I may jump on again for another couple hours.

    Balancing work and business is tough, but that’s awesome that you have a job where you can listen to podcasts all day. I wish I could do that! One of my recent favorite podcast is the Fizzle Show. It’s got a nice casual feel to it and they share great ideas for online business in general.

    Good luck with your income goals!

    • Balancing work and business can be tough, I agree Josh. But throwing in that third element – family – the most important one, is what really makes it a challenge. I’ve really had to be conscious and intentional when it comes to where I prioritize my time. My main reason for getting up so early is so that I can have time to dedicate to my online business without stealing any of that precious time with my family.

      The Fizzle Show – that’s one I haven’t heard yet. I’ll check it out! Thanks for sharing. I do love that I am able to listen to podcasts for much of each day. Much of my learning and ideas have come from all of the great podcasts I’ve been listening to for the past year and a half.

  3. I’m on a very similar schedule; wake at 4:30 am and work until my son wakes up for school at 7, and the daily school/work routine starts. They are the 2 1/2 most productive hours of the day for me. Highly recommend the early hours to anyone looking to establish a productive routine.

  4. Nice work Matt!

    My September was boring on the income front, but at least I got to travel for a couple weeks.

    Here’s hoping things pick up in the fall!

    • Thanks Sam. Pretty sure things will pick up in the wide wide world of the interwebs as we progress into the fall and winter. People are vacationing less and staring mindlessly at screens more, as they get back into their daily work and school routines.

  5. Matt,

    I’ve recently stumbled on your website and enjoyed your blog postings. I’ve noticed that you worked really hard to produce passive income, and I feel your pain as I’ve gone through same pain in the past and am still working my way to do better. I’ve been writing blog articles since 2006, mostly technical blogs helping others solve problems with technical problems. I barely make any money from technical blogs, but I still write them as I enjoy it.

    Coming from ecommerce background, I created a site to help merchants (and myself) identify location of an IP address. I created this site in 2006 and let it autopilot with no additional work. The traffic gradually increased, and in 2012 the site attracted more than 8,000 uniques per day. I’ve added Google Adsense, and it’s generating 4-figure income ever since.

    Trying to build passive income from articles has limitations as it’s going to take awful long time to build sizable traffic to your site. You might want to consider building something other than blog site. In Nov 2007, I started the kiddietoys.com and had a revenue of nearly ~$3M in 2009 with moderate profit. Then, Walmart, Target and Amazon entered into a fierce price competition for toy products in late 2010, which drove me out of business closing 5,000 sq foot warehouse. To boost my online store sale, I created about 10 niche information sites helping people find fix broken toys, missing parts, and compare prices and shops. I was able to produce about $100-$300 Amazon affiliate income from those sites as well as driving traffice to my site for things offered at my online toy store. Amazon terminated affiliate program in Illinois due to tax issues, and I lost this income a few years back.

    I have a good story to share with you and your readers, and I’ll do that whenever I get a chance.

    Great luck with your dumb passive income, and other niche sites.

    • Thanks for sharing some of your story Scott. I’m always fascinated to hear about what people were doing 6, 7 or 8 years ago. It seems like it was easier to make money then, but not as easy to throw up a site without the technical knowledge.

  6. I’m inspired not only by your report but also the fact that you get up at 4am! And can still function! I sometimes get up at 6am to work on my online stuff but I am struggling with burn out currently… I’m really interesting in making passive income so will be following your progress. 🙂

    • Burnout hasn’t really been an issue for me. In fact, I experience the exact opposite. I get really annoyed with myself if I oversleep and rob myself of the time I need to get things done on my computer. Plus – I love this internet marketing stuff. It keeps me constantly motivated and excited and I can hardly wait to get up each morning to work on it.

  7. Dude, that rocks. Now, it’s just a matter of scale. I love seeing people willing to pay the price to crush it. Anyone can stay up late, eat junk and watch a movie. Getting up at 4am to build a dream takes swagger.

    • Hey Tom! Swagger – I never thought of it like that. haha I’ve definitely been paying the price for quite awhile. I’m not far from “crushing it!” Glad I found you and your podcast. Your friendship means a lot to me. I appreciate you stopping by and commenting on my blog.

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