Blog Income Report 2018 - over 5K Online
Blog Income Report 2018 (over $5K online)
And I say online, because as most of you know, I took a part time job for the past 6 months. That earned me another $5k+, offline. Taking the job effectively doubled my income for the year.
My consulting job has been extended for another 2 months, so I'm not free to go back into my online business full-time, yet...
That said, let's focus on online income today...
But before I launch into my blog income report, a quick shout-out to a couple of very special ladies here at Wealthy Affiliate:
Grace @LittleMama - You Inspire Me!
Grace started at Wealthy Affiliate in the same year as I did, 2016.
However, she started 9 months later, in September, whereas I started in January.
Our earnings were about the same in 2016 & 2017 but in 2018, Grace earned a whopping 7x more than I did online. ($40K vs $5.7)
Congratulations Grace! You are rocking the internet world and our world at Wealthy Affiliate!
In case you missed it, here's Grace's New Year's post.
I'll definitely be watching Grace's Road to Vegas Video training.
Rey @Reymott - You Inspire Me!
Rey is one of my Wealthy Affiliate Premium referrals. I was delighted when Rey went Yearly on the Black Friday Special because I know what a difference it made to me to go Yearly.
I discovered a brilliant post by Rey this morning.
Rey makes such great points - and they are similar to the points Grace made in her New Year's post. And I want to convey a similar message today too. This is how I like to put it.
"Rome wasn't built in a day and neither is an online empire."
It takes time to build authority online.
So, without further ado, here are my income stats:
In case you can't see them, here are the numbers.
- Year 1: 2016: $50
- Year 2: 2017: $1,577,48
- Year 3: 2018: $5,728.06
- Total to Date: $7,355.54
And here's my balance sheet, showing Profit/Loss over the 3 years.
Year 1: My fledgling online business showed a loss of $328.98.
Not surprising since I only earned $50 in total that first year and paid full WA subs for the first 7 months.
Year 2: My 3 websites turned a small profit of $532.51.
Although, I earned a lot more in Year 2 (30 times more), I got beguiled by shiny object syndrome in the last couple of months of the year, which cost me a whopping $510.68.
Or maybe it wasn't shiny object syndrome, but just premature.
I signed up for a course that I wasn't ready for - it was more suitable to an online coach as it was all about selling online courses. I don't have an online course (yet). Watch this space.
The course cost $297 a month x 12 months. I made $41.66 per month in affiliate income because I enrolled a friend of mine. (I still feel bad about that as I'm not sure she got the full value from the course either).
Fortunately, I was able to get out of the course and my business stopped bleeding money in January 2018.
Lesson Learned: Don't put the cart before the horse.
Wealthy Affiliate teaches you exactly how to build your online business step-by-step.
And the steps are in the right order.
Year 3: Happy to report a much healthier profit of $5,097.10 for 2018.
Here's the breakdown of Total Income for all 3 Years by Category.
As many of you know, most of my online income comes from Contributed Posts and Guest Posts. You can see that clearly on this graph.
If you want to find out more, pop over to my training on this:
Here's the Breakdown in numbers:
- $5,100.76 - Contributed Posts
- $1,190.41 - Guest Posts
- $382.03 - Fiverr
- $344.63 - Affiliate Marketing
- $244.43 - Side Hustles
- $93.28 - Other (e.g. I set up a website for a friend's School)
What's the Plan going forward?
This year I plan to turn one of my Side Hustles into a Main Hustle.
I made $10 in 2017 and $45 in 2018 at Wealthy Affiliate for the 3 little Tutorials I've published so far.
I'm planning to focus a lot more on online course creation in the upcoming year.
And with each of my courses, I'll launch books on Amazon Kindle.
But first, I'm sprucing up my platforms.
I'm deep in process learning how to design my websites using my new paid Theme, Divi, by Elegant Themes.
I'm also implementing a new Email Marketing Service, which is a MISSION. But it had to be done because I found out Mailchimp is not friendly to Affiliate Marketers. (More about that in a future post).
I'll be working on increasing my Affiliate Income in the upcoming year too.
How was 2018 for You?
Did you have a good year? Did you turn a profit in your online business?
One of the great things about Wealthy Affiliate is that we're all at different stages of our journey. Some of you may be just starting out while others are seasoned online marketers. And we're all here teaching, helping and encouraging each other.
Whether you're a newbie or pro, I wish you every success in the coming year.
And what's Your Plan for 2019?
Are you as excited about the New Year as I am? I hope so! Let's do this!
To Your Success