Wednesday, 30 November 2016

Income Report: November

I'm glad I'm doing this process as it gives me transparency.

Unfortunately, what this process hasn't been able to do is to shake up the mix of my incomes. I need other tools and levers for that.

My grand goal of lining up Christmas promotions and the like on Zazzle has fallen flat - at least, so far.

But I can definitely see 2017 offering up a few new opportunities online and offline. I'm planting the seeds now...

So time to review things:

Resume Writing: This remains my most consistent provider. Actually, it's virtually my only provider at the moment, but let's not split hairs.... Each month seems to be an improvement on the previous one. That probably won't happen with a quiet December, but November has been my best month, even with my hit to the UK pound.

Translated into dollars I made $2,190, that's 14% better than October's figure. I've worked quite a lot on the resume writing and the coaching, and I've made sure that I've kept better records as well. I may have lost out on certain monies coming to me in the past because of my slackness.

It's working out okay at the moment.

Article Writing: $0. I've been weighing up the return on my time here and for the moment at least it doesn't pay me to spend too much time in this space. I've used some of my articles in the past to leverage different opportunities, but I've traded a bit too much time for money here in the past.

Prolific Academic: $13. Pennies but, hey, it's easy.

Mmmm....My focus on diversification is falling short....

So there you have it: $2,203 for November. No bad and I've finally broken through the $2,000 barrier.

I'll give myself a score of B+ this time. That's partly down to hitting new heights, but it's also a reflection of what I've been doing in the background.

I've been re-working some sites, which will properly go live in the new year. I spent quite a while looking at Google Adsense, listening to passive income webinars and researching different income ideas.

I've also almost completed my first proper Kindle book, again with the intention of launching it fairly soon. That's really the first step into the passive world. Everything I do now is too active for my long-term business model goal.

And there's the small matter of a possible offline job that would completely shake a lot of this up. Job or not, I'm still going to work towards the financial freedom principle and passive income.

I'm quite excited by what the next few months might bring.

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