For the first time in a couple of years, my side businesses actually lost money during the month of February. I generated $6,164.07 in revenue, but spent a lot more than usual. And while it wasn’t a significant loss ($37.77) it was still a bit of a surprise since I’ve been profitable for so long. Sao Tome and Principe Email List Digging into the numbers a bit, it’s clear to see that the reason for my loss this month was due mostly to a heavy investment I made in hiring very skilled freelance writers—to help build up the content pipeline for my blog. High quality, long form content that’ll pay dividends in returns over the coming months and years (in the form of affiliate income and new email subscribers).

Side Income Report February 2018

So while I took a loss this month, I’m expecting to recoup the money spent on those content investments within the next few months AND my returns should continue compounding for potentially years to come. In these monthly reports, I track my total side income every Sao Tome and Principe Email List month, including each individual source of that income, and associated expenses with running my side businesses. Next, I break down the traffic to my blog which heavily impacts my side income, including what’s performing best and how I’m working to drive in more readers.

Sao Tome and Principe Email List

Side Income Breakdown For February 2018

I also cover how many email subscribers I have, the number acquired during the month, and what that growth trajectory looks like. Then I talk about my podcast download numbers for the month, and which episodes performed best. This week was testament to what we’ve been focusing on the whole time: finding high quality prospects and sending them powerful ways we Sao Tome and Principe Email Listcould help them. Yes I was nervous. And yes I didn’t have much in my pipeline if things had gone wrong, but because we’d taken the time to send great personalized emails the first time, we got two “Yeses!”

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