My April 2014 Online Income Report

My April 2014 online income report is my next to last income report I will create while working for someone else. As of today I only have four more days left of working for somebody else. Then I will be working for myself and believe me the journey to get to this point was well worth the time and effort spent.

Preparing for an exit from the ratrace

A week after my birthday in April I submitted my resignation from my job. In America it is traditional to give a two week notice before leaving a job. I gave slightly more than a six week notice.

Now that I have time to look back on it, I have to laugh at what I went through to quit a job.

Recently they moved the three project managers on our floor to an office down the hall that use to be a psychiatrist office. I now have to walk down the hall to where everybody else in my department is located.

On five different occasions I walked over to my manager’s office only to find she was not in.

Finally I asked her executive assistant when she would be back for me to talk to her. She said her schedule was booked but come back little before 2 and I might have a good chance to catch her before her next meeting.

I came back and she was busy in her office with somebody else. I asked the executive assistant what the schedule was like. Her assistant said that she was waiting to talk to her next because she was not feeling well and was going to go home.

If I missed her in the next couple of minutes it would not be until 4ish before she might be free again. The executive assistant asked what I needed and I just told her that I wanted to quit. She thought I was joking. I told her to text me if she was available.

Around 4ish I got text saying run over now because Kim was running to a meeting at 4. I immediately got up and walked down the hall.

My manager was standing in the hall waiting for the elevator to go to her meeting. I walked up and asked if I could talk to her. She said she was going to a meeting and asked what was up. I told her that I just wanted to quit and that was all.

Amazing in that she actually turned around and we walked back to her office to talk. I told her I was leaving at the end of May which would give plenty of time to complete the projects I have been working on.

It is amazing how much effort it took to quit my day job. Anyway as I write this post I have just four more working days left.

Building Online Income to Escape the Rat Race

The journey to escape the rat race has taken me several years. I have dedicated much more of my time the past two years on building online income.

Prior to that I spent time “wanting” to learn Internet Marketing but I really only made a half-assed attempt at it.

Once I started seeing some results then I started putting more time and effort into the journey. I can only kick myself because if I had dedicated the time and effort from day one then my escape from the rat race could have happened 2 to 3 years earlier. So don’t make this mistake.

In April I had a killer month in terms of online income. I say that because I was able to tap two new streams of income. That is always exciting to see results from trying something new.

Here is my breakdown of my April 2014 Online Income Report.

Book Royalties

My books on Amazon just keep producing money each and every month. I absolutely love this income stream simply because I do zero work to generate it each and every month.

I wrote these books almost two years ago and published them on Amazon. Now each month when I write my online income report I go and get the figures for how much they earned in Kindle and print format.

That is the extent of time that I spend on my books is just checking the monthly income numbers.

I checked this morning an my book royalties generated $54.40 in income for April 2014.

Video Editing

This is a brand new income stream that just happened to occur but only after I put in the time and energy to learn about video.

I work in the training department for Aaron’s. Aaron’s has 2,135 store in US and Canada.

We have over 10,000 associates working in our stores. Every associate is required to complete a prescribed set of training courses that cover what they need for their particular position in the store.

These training courses are delivered online through a learning management system. Each course consists of a series of animated slides with one of our trainers talking in a side window.

We have to video shoot the instructor for each slide in a course. Then we have to edit the video. Then we have to insert the video into the slide and then produce the finished course.

Video is one method people use to promote their products or other products as affiliates. You better believe I made an effort to learn video since we do so much of it in our work at my job.

I work with a guy that has been doing video for 22 years. I have picked his brain to learn everything I could. A year ago the two of us took the video we created from all three of our trainers teaching all of our foundation courses and we then converted all of the live courses to self-paced training.

In one month I got more hands on video experience than most people will get in a year or two. I made good effort at learning everything and then applying it.

Now I can actually run the camera for a shoot, edit the video, do transitions and add intro and outro as needed.

A good friend needed to have some video shot and edited for the very small company that he worked for. He reached out to me and we worked out an agreement where I would edit the video for them and create a custom intro and outro for them.

They needed to have a video completed and I quoted a cost of $150 to complete everything for them. They agreed and I did the video editing for them and gave them the completed video a few days later.

The company was very pleased because my rate was pennies compared to the quotes they were getting from professional video companies.

Overall I ended up editing a total of 3 videos for this company during April.

This was a win-win scenario. The company got 3 quality videos edited for under $500 and I was able to make some extra pocket change by applying the skills I learned from work. It took me only about 2 hours per video to create so it averaged out that I was earning around $75/hr for the work.

In April I earned $450 from video editing.

Product Sales

There is nothing more satisfying than checking your email and getting a notice that money has been deposited into your PayPal account because somebody purchased one of your products.

It is a wonderful feeling to read those emails.

As soon as I am out of the rat race I am going to work on building more of my own products. It is very satisfying to know people are gaining knowledge because of something that you produced.

My biggest selling product is my Amazon Affiliate Bible. I have sold over 800 copies of this one product. In April I sold 22 copies of my Amazon Affiliate Bible

In April I earned $374 from sales of my product.

Solo Ads

I continue to do things with solo ads. My only regret is that I have not spent the time that I need to build up this income stream.

One of the ways that I thought would be promising was to be a solo ad reseller. I did an in-depth review of Solo Master Pro and showed the results I got from their service.

It appears that Solo Master Pro didn’t like the report I wrote about their service and they terminated my affiliate relationship.

Now exactly a professional way to run a business in my eyes but they can do what they want. It reminds me of the kid at the playground that didn’t like things so he takes his marbles and goes home.

Soon I will be writing another followup on Solo Master Pro showing the exact results and having verification that my results were correct.

Lately I have been reselling solo ads based on lists from others that provide a much more quality result that I got with Solo Master Pro.

As a result in April 2014 I earned $225.25 from Solo ads.

Adsense

Adsense is another income stream like book royalties that produces income each month with no work involved on my part.

Right now I am only monetizing my niche iHvacZone and Invest in Real Estate 101 websites with Adsense.

Even with just these two website I earned $5 in Adsense last month.

Affiliate Marketing

I will repeat it yet again this month by saying that I got started with Internet Marketing by promoting other people’s products as an affiliate. If you want to get started this is a great way to get started.

Recently I have been tinkering with the combination of Facebook Ads to a squeeze page to generate a list and then promoting an affiliate product on the landing page.

One of best ways to improve your conversion on your squeeze page is to use LeadPages.

LeadPages is a paid product so for some people it may not be worth paying for the cost. Everyone that I know that uses LeadPages raves about the higher conversion rate they get with the product.

I purchased the yearly deal for LeadPages and have been using it on my squeeze pages. I will be writing a future post showing my results with LeadPages.

But to give you an example of what you can do with the combination to product a product as an affiliate. You can run ads on Facebook that go to a squeeze page. You offer people a free report on self-motivation to improve themselves. Once they opt-in you send them to a landing page where you promote an affiliate product on personal development. I am promoting this personal development product right now.

If you want you can purchase this self help product yourself and then customize it and brand it. Then you can start selling your own customized product yourself and get 100% of the profits. Just to give you an idea of another way to make money off of this product besides being an affiliate.

If you are not sure how to use Facebook Ads to promote affiliate products then check out my previous post showing you step-by-step how I am using Facebook Ads to promote affiliate products.

In April I earned $2,487.25 with affiliate marketing.

Facebook Ads

I mentioned above one way that I am using Facebook Ads and that is to promote affiliate products.

I am also using Facebook Ads to build my own list by sending people from my Ad to a squeeze page. I am going to start marketing directly to the list that I build to generate income.

I am working my way through Donald Wilson’s Ads Cracked Reloaded course. Once I leave my job in a week then I will be spending all day going through this course and implementing what I learn.

In April 2014 I earned $1,339.40 from Facebook Ads.

My April 2014 Online Income Results

Here is a breakdown of my Online Income for April 2014.

$54.30 Book Royalties
$450.00 Video editing
$374.00 Product Sales
$225.25 Solo Ads
$5.00 Adsense
$2,487.25 Affiliate Marketing
$1.339.40 Facebook Ads
———
$4,935.30 Total April 2014 Online Income