IMPORTANT NOTE: from now on, all the Monthly Income Reports are in a single page, with an accumulated graph an all the info you need: Go here to check them!! Monthly Reports
Today I was thinking why many successful entrepreneurs in the passive income area don’t show their first months of activity. And I think it is because is not cool, or because they believe is going to be negative for the “success image” they try to create.
WHY THE GURUS DON’T SHOW YOU ANYTHING WHEN THEY ARE NOT GETTING INCOME?
They always tell you that it takes about one year and a half or two years to start earning money, but they only show you their monthly reports the moment they have some income to show. And what about that first one year and a half?
Probably they want to hide that because if they don’t start to make money, they only have to shut down everything, and they don’t have to accept the defeat. Their “reputation” is not damaged. They could still tell you that they are great, talking only about the projects that are working fine and only from the moment they are working fine.
We are NOT like that. We don’t mind yo show you months like this one. Months where we work hard and there is no benefit. But we’re not here to be cool, we’re here to be REAL and to help you.
We are here to be TRUE. And we know you give credit to that. Although MKT gurus could say that those numbers are not good to show. Let’s go!
INFO ABOUT THE MONTHLY INCOME REPORTS
As always I’ll give you a brief description of what the Monthly Income Report’s series is about. If you want to see all of them directly from the first one I did, you just have to go to the monthly income report page.
I will post every month summarizing our progress. This kind of post always have the same structure:
- I’ll first mention the major events that could have made a difference during the month or that’ll make a difference in the future.
- I’ll also show a list with the monthly income and the expenses, as detailed as we can.
- To finish the report, I’ll share with you with what we learned and the future steps.
As we said in our contact page, We’d love to talk with you about everything related to achieving financial freedom, so we’ll respond to any questions or comments that you may have about the report. Let’s Go!!
EVENTS TO MENTION IN DECEMBER
- It’s been a tricky month because Christmas always change a little bit the usual working rhythm, and of course, more free days to enjoy with the family. But we still manage to do a lot of things.
- I worked a lot with the Backlinking strategy. If I had to give you a “soccer” headline about this, it would be: Backlinking 1 – Luis 0 🙁 I had no results to share with you because the strategies I tested seem too difficult that I think they probably only work when you don’t need them. I think I have to keep concentrated in creating great content for you, and only later thinking about how to outreach it.
- One of the most important things is that we’re talking with a great professional and an even better person to join our team!!, let’s see what happens but maybe in the January Income Report we have to introduce you a new partner!! 🙂
- I have review completely the site. After the first version, I double checked for any mistake and leave everything ready for our visitors!
- We hired a translation and proofread expert because, although we use a lot Ginger Grammar and Grammarly to avoid as many mistakes as we can, we want to give the best quality we can. And although Our Principles make us reduce the investment to the limit, this one it’s totally justified. [Full Disclosure: As an affiliate, we receive compensation when you purchase through this link. Thanks!]
- All this month working again with the SCRUM methodology have shown that it’s no doubt a great tool. (I know I told you that this deserves itself a post but I think it’s going to need more than one. I want to show you all the details you may need to use it and take the best from it).
- Developed affiliation relationships with some other companies we’re using as customers. Remember we decided to create a Google Sheet to have everything handy and clean and we’ll allow you to download it if you want to see the companies in deep, or even if you’d like to use this sheet for your next affiliate business project. Remember that If you think that we can make improvements to this sheet, please tell us in the comments section or contacting here. This project is something we are building as well with your help and suggestions!
INCOME, EXPENSES, WINNINGS AND LOSSES:
Here it is, some expenses with proofreading and no more this Christmas month!!!
INCOME TABLE:
INCOME |
NOVEMBER’18 |
MONTHLY DIFF. |
|---|---|---|
| (not started yet!) | $ 0 | 0 % |
TOTAL: |
$ 0 |
0 % |
EXPENSES TABLE:
EXPENSES |
NOVEMBER’18 |
MONTHLY DIFF. |
|---|---|---|
| Proofreading/Translation | $ 50 | 100 % |
TOTAL: |
$ 50 |
100 % |
NET BENEFITS OR LOSSES:
|
|
NOVEMBER-18 |
MONTHLY DIFF. |
|---|---|---|
TOTAL NET RESULTS: |
$ -50 |
100 % |
LEARNINGS AND FUTURE STEPS:
YOU HAVE TO BE PATIENT AND CREATE MORE CONTENT
- This is after trying with backlinking… and getting just nothing. I think is very important that you first need to have much more content, and wait a little bit that organic search starts to work with it. After you are a little bit more settled it could be maybe the time for testing again those strategies about getting links from others.
YOU NEED HELP WHEN YOU ARE NOT INVESTING :
- If you want to go far, and you don’t want to invest money, you probably are going to need partners in your travel. Now we’re Luis and Vale working part-time in this project… maybe we need a third person and maybe in January you can have good news about it.
ONLINE BUSINESS NEEDS A VERY GOOD STRATEGY FROM THE START:
-
First, you need to define who you are.
-
After that, you need to narrow your business idea till the one to develop as your first prototype.
-
Then you need a strategy for your brand, your target, etc. We are here right now and it’s going to be our main task this month together with the creation of much more content
Let’s see if we achieve the focus we need this month to give a big step up in content and strategy, the next monthly report is going to tell you everything about this and all the things we’ll develop this January 2019.
NOTE: Did you already know that We’d love to start a podcast series by now? We challenged ourselves to start it as soon as we reached 100 subscribers… would you like to be part of this and make us start earlier? here you can know everything and subscribe, and you are going to be one of the first people to know when that happens.
Stay tuned! Cheers!.
Luis.
CREDITS: <a href=”https://www.freepik.es/fotos-vectores-gratis/fondo”>Foto de fondo creado por jcomp – www.freepik.es</a>
