NOVEMBER 2018 – MONTHLY INCOME REPORT

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

 

 

Disclaimer: This monthly income report has a loooot of work, and not much money! hehehehe

 

INFO ABOUT THE MONTHLY INCOME REPORTS

Hi! this is Luis again, 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!!

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EVENTS TO MENTION IN NOVEMBER

• Finished the site on time!!! Wow!!! This is awesome and it proves that the SCRUM methodology that we used for this project totally works.
• Decided the next steps we’re going to take in our project when this first version its completed and has a lot of good content for everyone interested in it. There’s a lot more to come!
• Improved our SCRUM methodology and the definition of the SPRINTS. (I think that this deserves itself a post because it can be really useful for creating ANY online project).
• Developed affiliation relationships with Ginger Grammar. As you already could have noticed,  (because we probably have made some grammar or vocabulary mistakes), our native language is NOT English (it is Spanish “amigos”!).  We love the challenge to improve our English level, but at the same time, it is really important to have the help of Ginger to avoid some mistakes. They are great… and in real time! [Full Disclosure: As an affiliate, we receive compensation if you purchase through this link].
• Created an Affiliate Companies Google Sheet to have everything well organized.  We think that Organization is a key aspect when you are an entrepreneur so, as we started to have more companies with affiliate relationships, we decided to create a Google Sheet to have everything handy and clean. As we decided to “totally expose everything”, we are not only going to show you, but 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.  If you think that we can make improvements to this sheet, please tell us in the comments section or contacting here.

• Created accounts of “Freenancial Exposed” in Social Networks. We know that is not good to start with too much, but at the same time we thought that we should have at least those (It would be great if you follow us to be in contact there!):

• Facebook

• Twitter

• Instagram

• Pinterest

• Youtube

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INCOME, EXPENSES, WINNINGS AND LOSSES:

Here it is, this month we had a lot of work but at least no expenses!!!

INCOME TABLE:

 

EXPENSES TABLE:

 

NET BENEFITS OR LOSSES:

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LEARNINGS AND FUTURE STEPS:

MORE TONS OF WORK (and it doesn’t seem to be less in the near future):

• This is the same than last month, and it’s probably the same next month. You have to work a lot upfront in order to see the benefits later. And there are moments when you think it’s too much effort, but till now I have to tell you that you have to be resilient and patient if you want to achieve your financial freedom. In my other project (mostly off-line but with an online part: https://inspirayavanza.com) it took me 3 years to start monetizing on youtube, for example, but now is really nice to see money coming every month (this is not part of Freenancial Exposed, and that’s why these numbers are not in the monthly income report, but just to show it is totally true):

YOU HAVE TO PRIORITIZE WHEN YOU ARE NOT INVESTING :

• You know from our principles that we are trying not to invest money in the project, just to be an example to those that don’t actually have money to invest. Fortunately, we have the possibility to invest, but we just don’t want to, because this is key part in Freenancial Exposed, helping you, guiding all the way by our example. So we have to prioritize all the ideas that we already have in mind for the project and, sometimes, it could be frustrating. But who cares?… this is about helping you, we’re not in a hurry of earning money fast with this site (we are already earning money from our offline business). But if you do can invest and want to get income back faster, contact us because we know how to help you.

OUTREACHING AND CONTENT:

• In the future we’re going to be totally dedicated to these two big areas. We are learning to outreach Freenancial Exposed (yes, learning, because in the online world we still don’t know how to make it, and before I usually hired someone to do it! 😛 ). At the same time, we still have to create much more content for you, so December (that doesn’t have so much working days because we usually like to take some days off) is going to be the month in which we mainly work in Backlinking and Creating Content… let’s see on January what the numbers are still saying.. and what the new learnings will be.

 

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.