Online Income Report – July 2008

August 1, 2008 by Collin LaHay
Filed under: General 

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For those of you who have been reading my blog for less than a month, I make my online income report post once a month about my online earnings. These income posts are never meant to be for bragging purposes, but rather so that I can be completely transparent about what I earn online, so that years down the road I can show everyone my journey to wealth and how much hard work and dedication it involves, contrary to what many ebook sellers tell you. By being completely transparent about what I earn online also allows me to show you my biggest mistakes, and what I have learned from the most. The more mistakes I have, the more I learn from, and the more I show you how to avoid. My monthly online income reports are a summary of where I made my money, and where I lost my money.

Advertising

Adsense $26.48
Paid Reviews $70
125×125 Ads $150

Affiliate Marketing

Copeac – $15.10
MarketLeverage – $493.1

Consulting / Clients

Link Building & Viral Marketing – $1900

** Total Revenue **
July Online Revenue – $2,654.68
Revenue Per Day – $85.63

** Expenses **
Adwords – $465.40
Contextual – $89.92

*** Total Profit ***
July Online Profit – $2099.36

Conclusion
This month was a bit different than usual, mainly due to the fact that I was in Nebraska competing on the Top Affiliate Challenge and didn’t come home until the 15th. It also added a difference to this months earnings because everything my team and I earned while in Nebraska doesn’t get added because I didn’t take first in the competition, so that throws an extra $3800 revenue out the door for me personally. These numbers are after I got rid of all Top Affiliate Challenge earnings and expenses, as the numbers above are from my personal campaigns.

While I kicked butt with MarketLeverage this month, I didn’t actually make that much since as you can see my adwords expenses were also through the roof. I actually ended up a bit in the red from my at-home campaigns after TAC, so I need to continually work on that.

My goals for August are to get everything in place and hopefully get my ppc/contextual campaigns profitable and on autopilot by August 31st when I head out to start my first year of college. While I am not making as much as I had hoped by this late in the year, my college expenses are only about $1000 per month and I am blowing that out of the water every year, so at the very least I have four years of pure profit ahead of me, in addition to everything that I have already earned.

Since college will be my biggest expense and I have that more than taken care of, I am going to be investing in buying sites that earn residual money every month since most of my income this year has been from buying and selling sites. I want to move towards sites that earn a little bit every month on autopilot. If you have any residual earning sites that you are looking at selling, shoot me an email.

I also have two startup ideas that I am going to be giving the green-light to be coded. One is almost finished although I just picked up a partner on it and my partner is a professional designer and programmer so he will be spicing things up for the site. When the site is ready to launch my blog readers will get a heads up to build their referrals on the site before the rest of the web gets their chance. Stay tuned! :-)

How did you do this month?

Comments

21 Comments on Online Income Report – July 2008

  1. Link Building Bible on Fri, 1st Aug 2008 7:59 pm

    2. Awesome man…. look at you college boy…. though, with as much as you own, college may seem ridiculous, and I know you even considered not going, but it’s the best idea…

    1) For the eventual degree… it’s always good to have.
    but 2) For the experiences….it’s a great time, especially with the cash you’ll have on hand!

  2. adda4u on Fri, 1st Aug 2008 8:01 pm

    3. Gr8 yaar

    Please tell us tricks …

    We will do the same …Any way good going keep it up ..

    -Sri -

  3. Regan Johnson on Fri, 1st Aug 2008 9:11 pm

    4. Great month, considering the TAC took up most of it! Glad to see that you are continuing to make some money! I look forward to seeing your August results.

    Can’t wait for the new sites to launch!

  4. Desmond - GradeMoney.com on Fri, 1st Aug 2008 9:42 pm

    5. How do you make money from viral marketing and linkbuilding?

    Any tips?

  5. mcQ on Fri, 1st Aug 2008 9:52 pm

    6. Hey Collin… I always enjoy reading your blog and it is great to see a honest income report. You could have shown a high Market Leverage income and lower adwords… but, your work and ethics are always admired.

  6. David Hobson on Sat, 2nd Aug 2008 1:28 am

    7. Well done excellent stats.

  7. Collin LaHay on Sat, 2nd Aug 2008 2:28 am

    8. I do marketing for startup websites, so I really don’t have any tips to give you other than that you can sell your own time/services if you are a professional in what you do.

  8. dog on Sat, 2nd Aug 2008 7:37 am

    9. i’m interested it

  9. revenue on Sat, 2nd Aug 2008 8:17 am

    10. Congratulation for the earnings, i see that your biggest earnings comes from MarketLeverage a lot of people do too today seems

  10. Melvin on Sat, 2nd Aug 2008 4:45 pm

    11. seems you’re not putting too much on adwords…. ;-)

  11. Teddy Wong on Sat, 2nd Aug 2008 10:38 pm

    12. congratulation !
    It is a pretty good result ~

  12. Anil Gupta on Sun, 3rd Aug 2008 3:52 am

    13. great earnings particularly from MarketLeverage

  13. Busby SEO Challenge on Sun, 3rd Aug 2008 7:19 am

    14. Hey Colin,

    Welcome back from the top affiliate challenge and if I remember correctly, you did win the 2 day challenge. Congrats !!

    Good luck with the 2 new sites.

  14. Brian on Sun, 3rd Aug 2008 10:13 am

    15. Your blog’s an awesome resource! Thanks for all the valuable info, just added it to my bookmarks. :)

  15. One Year Millionaire on Sun, 3rd Aug 2008 3:13 pm

    16. Congrats on your earnings… Keep doing what you do and you’ll make more and more each month! Its only a matter of time :)

  16. Sacramento Weddings on Sun, 3rd Aug 2008 9:14 pm

    17. Fantastic results for someone who just graduated from HS and is about to start college. (Now, if only my DAUGHTER could just have some of YOU rub off on HER, I could convince her how IMPORTANT that she set up a “free web site” at UC Berkeley–where she starts as a freshman on 8-23– and give me a LINK from her berkeley.edu page!).

  17. David from PPC on Mon, 4th Aug 2008 6:31 am

    18. I see the bulk of your income is from Link Building and Viral Marketing, and then Market Leverage. They seem to be pushing hard, and like a good horse to back, but the mainstay of your income is still the nitty gritty work.

  18. Julie on Mon, 4th Aug 2008 7:09 am

    19. so it is not so bad, isn’t it??

  19. Tool Belt on Wed, 6th Aug 2008 10:50 am

    20. Looks good I love the stats updates and look forward to hearing more about your upcoming business ideas.

  20. BlogSavvy on Thu, 7th Aug 2008 9:03 am

    21. Collin, Congrats on participating in the Challenge, even though you didn’t take 1st place I’m sure you learned a lot and i bet it was a ton of fun. Thanks for posting about your income. Keep it up.

  21. small hosting on Fri, 31st Oct 2008 9:53 am

    22. I see Link Building & Viral Marketing has high revenue. Can you explain more how to make money from “Link Building & Viral Marketing”. Is it by selling links?

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