Welcome to my September 2013 income report! This is where I total up how much I earn each month through my various online projects. I post my income reports here to keep track of my progress so I can look back and see how I’m doing on the goals I’ve set for myself this year.
A Very Productive Month!
Following a month where I did absolutely nothing on my business, I decided that I needed to make up for a complete month where I slacked off! So in September, I was back on track to create assets that will contribute to my overall future income. Most of these projects I work on don’t have an immediate impact on my income but they do grow over time. That’s why if you want to build an online business, patience is something you’re going to need a lot of!
App Development Delays
At the beginning of September, I was all set to get my Apple Developer’s License and start working on my iPhone app but it has been delayed. Not by me but by Apple and their partner Dun & Bradstreet (D&B). I wanted to register my account as a company but they could not verify some of the information from my company. You can read about all the email transactions I had with D&B here. I think I will be able to re-apply for the developer’s license the first week of October. As of right now, I’m still waiting for the my DUNS number situation to be resolved. I’ve spent almost $600 on a couple of source codes but haven’t done anything with them yet. October will be the month where I think I’ll finally make some progress with my app development goals.
Giving Nook Press A Real Run-Through
I published my first book on Nook Press a few months ago and I deemed the experience a complete failure! I think I’ve had a total of 3 sales at Barnes & Noble so far. So now that my most popular Kindle book is out of the KDP Select program, I’m able to port that title over to Nook Press. I figure that this popular book will also be a great seller at B&N. On the first day, I sold one copy. Hopefully as time goes on, sales of this title will grow like it did in the Kindle Store. I still don’t have a great way to promote Nook Books like I do with my Kindle books. But I do plan on converting all my current and future titles to Nook Press after their enrollment in KDP Select expires. I want to see if I can do at least as good as Kindle sales on the Nook. Using Nook Press is a great way to utilize existing content to bring in an extra stream of income.
Increasing My Production of YouTube Videos
About 3-4 months ago, I finally monetized my YouTube videos. I activated ads on most of my videos and then never really paid attention to it. Partly because I wasn’t able to figure out where to find the income statements for YouTube. However, last month, I figured it out and to my surprise, my YouTube earnings have been growing ever since I monetized. Right now, it’s actually bringing in more than most of my old niche sites without having to do much work!
So I went back and updated all my Income Reports with YouTube earnings. Luckily, it was only a few months worth of updating. But now I see that YouTube is a very viable source of income and it’s easy for me. Since I’m a professional video producer, it makes sense for me to create videos on YouTube. I’ll expand on this more in a future post but from now on, producing new YouTube videos is a monthly priority for me. In September, I produced and uploaded 4 videos. Here’s one of them: Read the rest of this entry →