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.
What Happened in April
I didn’t travel a lot in April, so it was a great month to work on new ideas & products for my business.
I released 3 new small eBooks in total, two about real estate investing, and one about investing in Peer-to-Peer lending. Those books are really entry-level books that are for beginners in those fields, and the goal is mainly to generate leads for my higher-end products I want to launch in the coming months in those fields.
I also expanded my team, which is now composed of 6 people. I clearly realised this month that I couldn’t do all the things I am currently doing without my team. It’s a big mindset change compared to even a few month ago, where I was still a one-man band trying to do everything.
On the investing side, I continued to invest in my favourite investments: dividend growth stocks, Peer-to-Peer lending, and crowdfunded real estate. The first website that I bought through Empire Flippers is also still going strong and generate a steady flow of income, and I will publish my first report about this purchase in early June.
Below is all the income I received from my online business during the past month:
- Amazon Kindle eBooks: 537 €
- Gumroad (eBooks & video courses): 1812 €
- Packt Publishing royalties: 279 €
- Google adSense revenues: 89 €
- LinkShare revenues: 109 €
- Consulting calls: 350 €
Gross business income in April 2016: 3176 € (-3%)
Below is all the business related expenses I had during the past month:
- Team expenses on UpWork: 204 €
- Small Fiverr gigs: 202 €
Business expenses in April 2016: 406 € (-15%)
Net business income in April 2016: 2770 € (-0.5%)
Below is all the income I received from investments during the past month. For some investments, this is the expected monthly revenue as some investments only pay once a quarter or once a year:
- Dividend growth stocks: 334 €
- Peer-to-Peer lending: 386 €
- Real estate: 138 €
- Bitcoin investments: 98 €
- Amazon affiliate websites: 1520 €
Investment income in April 2016: 2487 € (-0.3%)
Comment About the Report
Let’s now make the total and add my business & investment revenues:
Total income for April 2016: 5257 € (-0.45%)
Overall, a stable month with numbers really similar to March. However, I really need to push it during the coming months to reach my income goal for this year. I will continue releasing more products, as well as focusing on optimising conversions for my existing sales funnels.
Note that you can also visit my websites to learn more my investments. I post frequently on websites dedicated to my investments using dividend growth investing, Peer-to-Peer lending, crowdfunded real estate, and Bitcoin.
As usual, I also updated my investment portfolio page to reflect the changes during the month. What about you? Did you have a good month with your online business and/or your investments?