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 March
Compared to a very busy February, there was not a lot going on in March, as I was traveling a lot. However, I still managed to achieve a couple of things in my online business.
I released a shorter eBook linked to my website Open Home Automation, that sold a lot during the first days it was published, probably due to the lower price point compared to some of my other books ($2.99). People enjoyed the book a lot, and I plan to repeat the experience in the future as this kind of book is both fun to make & easy to publish.
I also worked on building my first investing product, which will be dedicated to creating passive income using dividend growth investing. For now only the sales page is up, and I am currently accepting pre-orders on the product. If you that’s something you are interested in or just want to see the sales pages, you can go over to the dedicated page on Dividend Academy.
On the investing side, I continued to invest in dividend growth stocks, Peer-to-Peer lending, and crowdfunded real estate. The first website that I bought through Empire Flippers is also generating a solid stream of income, and I decided to publish the first report showing the results of this purchase 3 months after I purchased it, so probably in May or June.
Below is all the income I received from my online business during the past month:
- Amazon Kindle eBooks: 789 €
- Gumroad (eBooks & video courses): 1374 €
- Packt Publishing royalties: 1114 €
Gross business income in March 2016: 3275 € (+21%)
Below is all the business related expenses I had during the past month:
- Team expenses on UpWork: 280 €
- Small Fiverr gigs: 200 €
Business expenses in March 2016: 480 € (+9%)
Net business income in March 2016: 2785 € (+23%)
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: 315 €
- Peer-to-Peer lending: 353 €
- Real estate: 134 €
- Bitcoin investments: 123 €
- Amazon affiliate websites: 1557 €
Investment income in March 2016: 2496 € (+14%)
Comment About the Report
Let’s now make the total and add my business & investment revenues:
Total income for March 2016: 5281 € (+19%)
Overall, a good month like February, still thanks to the boost of investment income of the beginning of the year. My goal in the coming month is definitely to boost my business income, for example by doing more consulting calls with people from my audience, as well publishing more with partners like Packt Publishing.
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?