Every month, I publish a report of the business & investment income I received during the previous month. I publish these reports to show you what you can expect with an online business & unconventional investments, and I also publish them to keep the motivation to work hard & to grow this number month after month.
In every report, you will find out the details about all the business income I received during the month, all the business expenses, and also all the income I received from investments during the month.
In January, I mainly worked on implementing my new strategy for my business & investments that I mentioned last year in my goals for 2019. Basically, I decided that this year I will put more money back in my business, and therefore have less available to available for investing, at least during the coming months. The goal is that injecting more money back in the business will allow me to grow it faster, and therefore have more money to invest on the long term. Therefore, I already applied this in January, and significantly raised my advertising expenses, mainly on Facebook.
I also worked on my Internet of Things application aREST, where we now just passed 8000 users. We added a new feature called flows, allowing people to create their own automation flows in the cloud between their devices, and therefore opening a brand new range of possibilities of projects creations using this app. I am really proud of this one, as it's so cool to see that many people using what you created every single day.
We also did a lot of work on SiteEngine, the all-in-one online business software that I now use to run all my websites. We added some nice things like integrating with Amazon, meaning that someone running an affiliate site can now directly add products from Amazon. We are also working on integrating it with Amazon FBA, meaning that online store owners will be able to seamlessly send their orders using the FBA service. We also just passed the 20 users cap, and I can't wait to grow this app in the future and to help more online entrepreneurs with it, especially when I see the completely crazy prices that some of our competitors (which much fewer features) are offering at the moment.
Finally, I prepared the rebranding of one of my site, Open Home Automation, which was much needed as I am now offering on this site trainings in many other domains than just home automation. It's nearly ready, and we just need to finalize the logo to be able to launch the new site. It's very exciting as it is the website that allowed me to start my online business journey 5 years ago now, and I can't wait to give a second start to this site with this rebranding.
Without further due, let's get to the numbers for this month of January 2019: