Fortieth Income Report – July 2016 ($317.97)

Are you curious about a one-year delay? I explained it in my first income report.

I slowed down in July 2016. I recovered a bit after June’s burnout, but the dwindling sales didn’t provide much hope that my writing venture is worth all the additional effort.

My kids had vacation. I spent with them more time than usual. We were going to a swimming pool and cinema almost regularly.
Friends and family were visiting us. Being a homeowner has its advantages.
At the beginning of the month we went for a 2-day trip for my wife’s cousin’s wedding.
The fact that in my day job I finally had some quiet period didn’t hurt as well.

Editing

I had to let go of my part-time virtual assistant. In June, I was $400 on the minus side with my business. That wasn’t sustainable. My VA had been doing the main chunk of my proofreading. I needed to go back to Fiverr for proofreading my content.

I started drifting from proofreading all of my content. Going back and forth with documents is tiresome. I began publishing A2A answers on Quora (special on-demand questions asked directly to me) and other really small and quick answers with only the basic spellcheck.
Quality of my answers definitely suffered, but my workload lessened quite a bit.

Projects

I continued my involvement in Aaron Walker’s Community and business coaching.
In the first half of July, I finally managed (after almost a year since eBook publication) to publish a paperback for 99 Perseverance Success Stories.

In an authors group on Facebook, I had heard about the service called InstaFreebie, dedicated for authors to build their email list. My friend recommended the service, so I signed up for a trial period.
In the last week of July 2016, I created a giveaway for my first book, and it was featured on the InstaFreebie blog after a few days.

It took only 2 or 3 days to grow my email list by 58 new subscribers. It was about as many as I got during the prior three months! I immediately started creating more giveaways.

The Income Report Breakdown

Income:
Amazon royalties: €478.82 ($531.05)
CreateSpace royalties: €62.93 ($69.85)
Coach.me fees: $32.03
Audiobooks royalties: $8.33
German translations royalties (for six previous months): $86.27

Total: $727.53

Costs:
$36.9, View From the Top Community fee
$29, Aweber fee
$265, Business on Purpose mastermind
$16.16, royalties split with co-author
$16, proofreading services on Fiverr
$19, webinar with Brian Tracy
$49, WebinarNinja software
$7.5, domain for ExpandBeyondYourself.com
Total: $409.56

Net Result: $317.97

Previous Income Report: June 2016