My October 2015 Income Report

November 11, 2015 in Income Reports

Monthly Income Report

Welcome to my online income report for October 2015. This month I have been working on a few things on my business. None of this will bring any money in for at least another month or so but at least I have passive income that comes in from past projects.

I’m currently working on 2 new Kindle books. Both of these are on completely new subjects I haven’t written about yet. I need to start branching out. One of the books I am writing myself and I’m at 10,000 words right now. Aiming at around 15,000+ words when I’m done. This will be an entire series that I will write myself.

The second book on another topic is being written by a ghost writer I hired from Upwork.

I thought this second book was going to be done a lot sooner but the freelancer has been very slow on this one. Plus I haven’t gotten much communication or feedback on progress. I did hear back yesterday but it is already 1 month late from the deadline we set. I’m not in a hurry but would’ve liked to have had another book published by now so I can hire another writer for the next book.

That’s about it for now. Only 2 more months left in this year! Let’s get to the income report!

Summary

Here’s a snapshot of my totals for easy reference.

  • Kindle Publishing: $66.80
  • Amazon Associates: $88.45
  • Banner Ads: $8.51
  • YouTube: $50.79
  • Createspace: $353.00
  • Udemy: $32.00
  • Linkshare: $0.00
  • Mobile Apps: $134.14
  • Template Sales: $11.20

Total this month: $744.89

  • Last month total: $784.33
  • Difference: (-$39.44)

Total earnings per day: $24.02

Want to Make Money by Self-Publishing?

If you read my income reports regularly, you might have noticed where the majority of my income comes from. It’s from self-publishing! This has become one of the main areas I focus on these days. I’ve tried lots of different ways to make money online and publishing has been one of the most rewarding things I’ve done.

There are many reasons that self-publishing fits into my business plan but among the top reasons are:

  • Easy to write
  • Can hire writers
  • I can create covers myself
  • Little to no maintenance

While those tasks are enjoyable, marketing your books is not always fun. It can be hard to find reputable promotion services which don’t cost a ton of money especially when starting out. The good news is that there is a free service that promotes your books and they generate results. Not everyone can get in, but Buck Books has risen to become one of the top promotion services for Kindle books.

Buck Books sends out daily emails and also posts a handful of books on their homepage for readers looking for deals on ebooks. Their service is quite popular and it’s hard to get listed on their promotions but you have to keep trying. You may have a better chance by giving several weeks notice of your book promotion. And also, they mainly promote $0.99 books so your book will have to be enrolled in KDP Select in order to run a $0.99 Countdown Deal.

Click here to see an example of what current book promotions look like on their homepage and maybe pick up some good deals on highly discounted books and book bundles!