My Monthly Report – April 2011

passive incomeIt’s the first Monday of the month, which means it’s time for another income report!

Each month I write a detailed report about my online income – how much I’ve made, where it comes from, and most importantly what I did and what I’ve learned along the way. I do this not only to help me keep track of how my multiple online businesses are progressing, but also to teach, inspire and show the world that a regular person like myself, with some hard work and smart planning, can do some wonderful things online – and so can you.

These monthly reports have grown to become the most popular and most visited posts on the blog, so as long as you still feel they are useful, I will definitely continue to publish them. And as always – thank you for your support!

Let’s get started.

Important Going-Ons in April

Something a little different than usual – I was paid for some social media consultation and web design work that I’ve been doing for the past couple of months for a client who actually found me through my podcast on iTunes.

I typically don’t agree to do that much consultation work, but I was in full support of what my client is aiming to achieve and was happy to provide my services.

A lot of the work included designing and programming a new website, which I handed off to my programmer who did an awesome job. In that sense, it was indeed an extra form of passive income. In total, I would say I spent about 10 hours of actual work on this project myself, which isn’t very much time at all.

My Security Guard Training Niche Site

My security guard training niche site, which was born from the Niche Site Duel, saw record earnings again in April. Still sitting at the #1 position in Google, I had a couple of $60.00 days which is awesome.

I did not add any new content or do any backlinking, so my time invested here in April was next to nothing.

I did, however, spend about a half an hour posting a new job on Elance to help complete the site. Let me explain…

You see, every state in the U.S. has different security guard training requirements – different hours, different courses, different procedures, etc. Currently, my site only provides specific information for 11 of the 50 states. Although they are the most popular states in the industry, I stopped adding new content when the site hit #1 in Google as I began to focus on creating new niche sites.

I don’t know why I didn’t think of this earlier, but I hired a person on Elance to complete the information for the remaining 39 states. It makes sense now that I have a steady flow of income that I can reinvest in the site.

I’m hoping that after information about all 50 states are published on the site, it will:

  • Look much more complete and official as an authority resource for security guard training.
  • Help rank for keywords that relate to security guard training in the other 39 states.
  • Increase traffic to the site because of keyword rankings and word of mouth.
  • And as a result increase revenue from Adsense and advertising.

Plus, if I ever plan on selling the site, it will be worth much more since it’ll will be complete.

The person I hired is an American-based writer who has a fantastic reputation on Elance with a ton of great feedback and a number of repeat customers. After a quick interview, I hired her with confidence knowing she could get the job done. She even agreed to make phone calls to companies in each of the remaining states to make sure the information was 100% correct.

I’ll keep you updated on the progress, but because I know you’re interested, the fixed price for this job with this particular provider on Elance came out to be $875.00, which is about a month’s worth of income for the site. I suspect that the cost will be easily made up after all of the new information is published on the site.

Good times! :)

My Getting Started Page

As many of you know, I finally completed my first version of a Getting Started Page here on The Smart Passive Income Blog. The purpose of this page is to give new visitors one place where they can get all of the information they need to get started on the blog – either as a newbie who wants to know where to begin, or someone experienced who wants links to my best content.

I talk more about the purpose of this page on The Hole on Most Blogs (Including Mine) That Needs to Be Filled.

I think the page I created does an excellent job of organizing and condensing the 400+ pages of information that exist on SPI for anyone new, however when I announced that the page was live last week, it was met with mixed reviews.

A number of people told me the page has way too much information on it and is overwhelming. Others, including some first timers to the blog, tell me it’s perfect and exactly what they wanted to see.

I think compared to what the blog was like before this page existed, it’s a home run – especially considering how overwhelming the blog was to a new visitor beforehand. But, I also agree that the page does have a lot of information on it. I may try to break the information up into 2 or 3 different pages and see how people respond to that.

Overall, it’s a major success and already I’m tracking a number of affiliate sales coming from the “domain and hosting” portion of the page, so it is being read and it is being used.

Lastly, I’ll be attempting to “double index” SPI for the term “passive income” on Google with this page. Double indexing is when you have your website show up twice, right next to each other, on the search engine results page. Here’s an example from CopyBlogger for the term “copywriting”:

Copywriting CopybloggerSimilarly, SPI ranks #2 in Google for “passive income”, outranked only by Wikipedia. If I can do this, it will drastically increase the traffic coming to my site since I’ll have the #2 and #3 spots in Google (or better yet, the #1 and #2 spots…if I can outrank Wikipedia).

There are various strategies to achieve the “double index”, but I’ll save that for a later post.

Ok – I think it’s time to get into the numbers for April

Income Breakdown

Disclosure: many of the links below are affiliate links that will earn me a commission if you purchase through them. If you do, I absolutely appreciate it and if you have any questions about any of the products or services please let me know!

Also, please note that these are figures from reports from each individual company for the previous month. It does not necessarily reflect the actual payment which, for some of the companies listed below, come 30 to 60 days later because of potential refunds.

  • GreenExamAcademy.com Product Sales:
    • Total: $3,626.05 (includes affiliate products)
      • Last Month: $4,534.87
      • Difference:-$908.82
  • SecurityGuardTrainingHQ.com:
    • Adsense: $774.30
    • Job Board: $3.04
    • Total: $777.34
      • Last Month: $660.70
      • Difference: +$116.64
  • Other Google Adsense
    • Total: $244.47
      • Last Month: $330.54
      • Difference: -$86.07
  • eHow Earnings:Total: $259.51
    • Articles Written: 139
    • Last Month: $393.69
    • Difference: -$134.18
  • InfoBarrel Earnings:Total: $3.92
    • Articles Written: 3
    • Last Month: $6.98
    • Difference: -$3.06
  • Consultation & Web Design
    • Total: $5000.00
  • Niche Site Coaching 2.0
    • Total: $11,186.00
  • iPhone Applications:
    • Paid Apps: $2,344.00
    • Free Apps: $1,654.46
    • Total: $3,998.46
      • Last Month: $6,928.68
      • Difference: -$2,930.22
  • Gross Total in April: $41,634.24
    • Last Month: $29,429.93
    • Difference: +$12,204.31

This is definitely my highest grossing month ever, although the figures are a bit skewed because I don’t usually have the large sums from consultation and coaching like you see in this month’s report. Even without those, my income still remains fairly steady around the mid 20k mark, and although it’s true that a large percentage of that does come from this blog and “making money online” tools and resources (thanks to those of you who have used my affiliate links!), I hope it doesn’t take away from the fact that I am still earning a decent income from businesses outside of this niche, which was really what I wanted to showcase on this blog when I created it back in 2008.

My large affiliate earnings are starting to classify me as one who only makes money by teaching others how to make money online – and I do not want to be put into that category, but – I guess it’s almost inevitable because of the numbers and how popular this blog is growing. It sort of overshadows that I still earn between $7k and $12k a month outside of this niche, which is an amount I would be completely happy with if that was all I earned. Don’t get me wrong though, I am extremely happy about the affiliate earnings and especially my non-aggressive, “this is how I do it and these are the tools that I use myself” approach to it.

Things I Learned in April

One important thing I learned in April is that you cannot please everybody, and you shouldn’t try to! When I went live with my Getting Started Page, I thought it was perfect and that it was everything people were looking for, but as I mentioned before, it was met with mixed reviews. It can be really easy to get caught up in the comments and suggestions, to make immediate changes and then more changes when more comments come in, but it’s best to let things settle down first and wait until the new-ness factor of whatever it is goes away.

Do you remember how many people hated Facebook’s “like” button when it first came out? It replaced the “Become a Fan” button and everyone went crazy for about a week, but now that the change isn’t new anymore and people are getting used to it – the “like” button can be seen as a major success that has changed the way we interact and share things on the web. I’m glad Facebook didn’t give in to what a lot of people wished for, because now the “like” button and Facebook are the #1 traffic source for SPI.

I’ll sit on the current design for now, and maybe make a few tweaks here and there as time goes by, but I know it’s a good page, and I’m going to stick with it.

Another thing I learned in April was that you should make it a daily routine to check your stats – or at least a couple times a week. With passive income, it can be easy to just let things ride without checking, but the problem with that is that if something happens, you’ll never know until you either get a notification, or you check and find out on your own, at which point it could be too late.

The reason I bring this up is because – if you noticed, my iPhone application earnings took a bit of a hit in April. The reason was because our “paid application contract” expired, and we were not sent any notifcations about it. Two weeks went by and all of our paid applications were taken out of iTunes, and as a result we lost about $80-$150 a day.

Not cool.

When I finally checked my stats for this income report, I saw that the later half of April produced no income from paid apps, so I logged into our account with Apple and of course, there was a notification that said we had some paperwork to take care of.

Now, I could blame Apple for not sending an email – and they totally should have, but it’s a two way street and as a business owner it’s my responsibility to keep tabs on how the business is progressing at all times…not just once a month for an income report, but at least twice a week (preferably every day – it only takes a minute) to make sure all systems are go.

To streamline this, it would be smart of me to allocate maybe 10 minutes a day to check the stats of all of my businesses and websites, just to make sure everything is healthy. I could maybe have a “quick open” tab or shortcut that opens them all up at the same time. That said, I have to be sure to not get too engulfed in the numbers and what they mean, which I tend to do when I’m looking at stats. That should be reserved for another time during the week or month.

It’s a learning process!

Thanks for all of your support, and here’s to a profitable and healthy May!

Cheers!

 

  • http://www.FitMarriage.com Dustin | Fit Marriage

    Month over month, you continue to Crush It and reach new levels of success. You are a great testament to the power of doing things the right way and building out multiple streams of income.

    I personally really like your Welcome Page, and I’m sure I’ll be sending plenty of folks your way directly through that page.

    Congrats again on another fabulous month, Pat!

    • http://www.youngprepro.com Onibalusi Bamidele

      Hi Dustin,

      Me too. Pat’s start page is awesome and is going to be a model of mine – I especially love the design, content, video and graphic combination. It is AWESOME!

      • http://caseygentles.com Internet Marketing With Casey Gentles

        I’ll have to 3rd that. The welcome video is awesome and the page is easy to navigate etc. If I was a complete beginner I don’t think I would have a problem. But as Pat says, you can’t please everyone!

        …..
        Casey

        • Pat

          Thanks guys!

      • http://mansgreenlife.com Eric

        I agree with Oni, the page is great. I wish you would have had this page up when I first viewing the site a few months back. Although I’d have to say it was great even just hitting different posts at different times, I still learned a ton!

        Keep it up Pat, you’ll have to update us on Insanity too!
        Eric

        • Pat

          Hey Eric, I’ll have an update on Insanity in about 30 days when it’s over :) So far, so good! Thanks!

  • http://www.hollandz.com Brad

    Hey Pat,

    Way to kill it this month. I was wondering if you could elaborate a little more on your web design and consultation income? I’m looking into freelancing a bit in that department and any tips, suggestions, CMS’s used would be great.

    Thanks!
    -Brad

    • Pat

      Well, this person found me through iTunes for a project with a fairly substantial budget. He’s part of a larger company and needed a person to head the web development and social media side of things. Definitely got lucky that they found me. Once the time is right I’ll have the “okay” from them to talk about it on the blog. :)

  • http://chrisalta.com Chris Alta

    The getting started page was definitely an awesome idea Pat! I just did my April 2011 income report also and although it’s nothing like yours it’s still my little piece of up and coming-ness (just made my own word up) haha

    May is going to be my 5th month online and man right now it’s that make or break point where most online internet marketers/entrepreneurs/bloggers give up and I’ve seriously felt like quitting this whole month but something keeps pushing my forward, maybe it’s coming to your blog and getting inspired by the lives you’ve touched.

    I really enjoy checking out your income reports because you’re living proof that things can be done when you’re consistent. Like your security guard training website, all it takes is 1 niche site that could drastically change your circumstances. I mean you’re only making $700 per month with that website but for me that would be a drastic change in my lifestyle already if I had that money consistently coming in.

    All in all I appreciate everything you’ve done for me as far as motivation goes and I’m a lifelong reader Pat. Here’s to you and your continued success, cheers!

    “I’m always in the kitchen”
    -Chris Alta

    • Pat

      Chris – what separates many of those who win and those who fail is deciding where to go at the point you’re at in your online career. Keep it going, keep it consistent and you’ll give yourself a chance. Give up, and then there’s no hope – no chance. You got this, and to be honest you’re off to a great start…I love how you’re doing the video thing. Keep it up!

      Here’s to your success as well. Cheers!

      • http://caseygentles.com Internet Marketing With Casey Gentles

        I totally agree Pat. And you know what, sometimes when you are feeling down and want to give up, success is just around the corner. Truth be told, a lot of persons got lucking by finding a winning niche from the start and milked it for what it’s worth. But if we just stick at it, we will get there.

        Good luck to you Chris!

        ……
        Casey

  • Matt Sauls

    Way to go Pat! It’s great to have met you personally this month and to know that you are just as nice in person as online.

    Your getting started page and 4-Minute Blog video inspired me to get mine up and running on your Bluehost link right away. Not quite 4 minutes for me, since being new, but not much longer. Excited to get further into the online marketing world.

    Congrats and keep up the great work!

    • Pat

      It was great to meet you too Matt, and thanks for all of the support. I wish I could meet more SPI readers like how we did!

      Hehe – don’t worry about the 4 minute mark, that was my USP (unique selling proposition) for the video since there were a ton of people who created videos just like it already. Thanks, and all the best to you!

  • http://nathalielussier.com Nathalie Lussier

    I’m currently working on a getting started page for my raw food business. It’s amazingly easy to overlook because we’ve written/read every article, but new people just don’t know where to start when they land on our sites.

    Congrats on all your success, I love watching it unfold! :) Hope to see you again at BlogWorld!

    • Pat

      Exactly Nathalie – that’s exactly why I created the page. Good luck on yours, and let me know how it turns out. Hope to see you at BWE again this year too! I’ll be in LA, but not NY. Will you be in LA?

      • http://nathalielussier.com Nathalie Lussier

        I’ll be in BWE in NY for sure, not sure about LA yet. ;) Will let you know. :)

  • DenCha

    Pat,

    Quick question: How many paid apps & free apps are you currently promoting?

    Thanks,
    DenCha

    • Pat

      Hey DenCha, we have about 26 total. About 6 paid, the rest are free. Really though, most of the income comes from about 20% of our applications (80/20 rule in effect).

  • http://www.youngprepro.com Onibalusi Bamidele

    BEST MONTH EVER!

    You made a killing this month Pat and you always inspire me to do a lot more to make myself a success. It is also really great to see that you got a consulting job from iTunes, this further goes to prove one of the importances of making use of podcasting.

    You also gave me a great idea about double indexing and I will be giving it a go – after reading your article on it :)

    Thanks so much and have a great day,
    -Onibalusi

    • Pat

      Thanks Oni. I still have a lot of research to do on double indexing, but hopefully I can provide some valuable content for people once I get some results of my own. Will keep you posted. Cheers!

  • http://BusinessMindsetExpert.com Jason King

    As ever some excellent and inspiring results there. I love your open and transparent approach to your teaching. It’s really difficult sometimes to get any real numbers from some of the other teachers of Internet business. They keep their earnings, subscriber numbers, conversion rates, etc to themselves. For me, your willingness to quantify your success is your unique selling point, with your monthly income reports being the pinnacle of that. Many thanks…
    Jason.

  • http://www.sterlingeffort.com Ash @ Sterling Effort

    That’s ridiculous. Congrats Pat! I currently have a few streams of revenue and it’s inspiring to think I could have this to look forward to if I keep putting in the effort.

  • http://caseygentles.com Internet Marketing With Casey Gentles

    Hey Pat,

    AWESOME month man, congratulations. You are really and inspiration to most of us who look up to you. I have been checking out your blog for a while now and you really have some great things going on here.

    Sad you lost some of your income from not having you aps running. That bad though, IMO i think itunes should really have sent you a notification maybe 3 days prior to the expiry date so you could renew the contract.

    It’s really a fantastic month for you. Now time to hit $45K :) We are rooting for you man so keep up the good work.

    Regards
    …….
    Casey Gentles

    • Pat

      Thanks Casey, although I’m sure my income will be less next month since I won’t have the coaching program income and consultation, but I’ll do my best!

      As far as the apps, yeah…I wish things turned out differently but that’s the beauty of diversification. If one income stream goes down the others are there to pull it back up.

      Cheers!

      • http://caseygentles.com Internet Marketing With Casey Gentles

        Hey Pat, just a quick question, have you though about developing a product for your security guard training site? You said you are making on some days up to $60 per day from adsense clicks. Am just thing imagine you have an ebook for merely $27. With the traffic you are already getting, you could make a lot more.

        I know you have a ton of projects on your hands, but maybe it’s something to think about given that you can outsource the entire project.

        Cheers

        …..
        Casey

  • Greg

    Quick question Pat,

    The 139 articles written, is this income earnt FTP
    the total amount of articles posted, or did u actually write 139 articles this month? Also, curiou to how many hours are you putting in on average each week to earn this total ‘passive income’ Cheers Greg.

    • Pat

      Hi Greg, the 139 articles have been there since December of 2008 and I have not written any since (actually I wrote 150 but a few were taken down).

      As far as time, I can definitely say that about 2 to 3 hours the entire month were spent on the amount that is non-make money online related (greenexamacademy, iPhone apps, articles and niche sites), so that’s just a few minutes each week. As far as the MMO stuff, I would say maybe an average of 4 hours a day if you include time to record podcasts, write blog posts, respond to comments, Facebook and Twitter, etc.

      • Greg

        Thanks for sharing, it looks more intensive on paper. Cheers Greg

  • Greg

    Sorry for above typo *FTP = for ( damn iPhone )

  • http://www.traffic-is-king.com/10-traffic-rituals-you-should-do-after-every-blog-post/ Samuel

    You are a work horse Pat! Even though those earning are passive it takes massive action to get it to that point. I know for me I have TONS of projects I work on at the same time and the efforts sometimes get scattered across many of them. What usually happens is nothing gets done which effects the income. Maybe you can do a post where you talk about your daily routine, list activities that are of priority and those that are a non-priority. Also how much time you set aside for responding to comments, social media, checking commissions, traffic stats, etc. It will probably give some of us a framework or guideline on how to take action on those specific tasks that will yield passive income.

    • Pat

      Great idea Samuel, I’ll put that on the list of blog posts to write. Thanks!

    • http://caseygentles.com Internet Marketing With Casey Gentles

      I agree Samuel, I am a procrastinator most times and that would really help. Matter of fact I may have ADD lol.

      Regards
      …..
      Casey

  • http://betterthangettingby.com John Michaels

    Very inspiring Pat! Do you have any plans to do more with InfoBarrel in the future?

    I was looking at getting into it, but I’m noticing you stopped after 3 articles haha…any particular reason or just moving on to bigger and better things?

    Thanks,
    John

    • Pat

      Hey John, I stopped after 3 articles, which I used to get a feel for the site and make sure I could give a good recommendation for it. I have a ton of other projects I could focus on that have a much higher ROI on time, however for beginners with no existing lists or presence online, I still feel Infobarrel is a great and educational way to get started.

      • http://betterthangettingby.com John Michaels

        Well that sounds like it would be perfect for where I’m at…thanks a ton Pat!

  • http://www.nickyspur.com Nicky Spur

    Definite value here — thanks for sharing. I’m looking forward to your discussion about double indexing pages in the future.

    • Pat

      Hehe – so am I. Hopefully I’ll have something to show for the research I’m doing now ;)

  • Dror Bekerman

    Truly amazing Pat. You are really getting better and better with every month that passes.

    You and your blog are a true inspiration :)

  • Dror Bekerman

    Hi Pat, It seems all of your links under affiliate earnings are not working.

    Thought you might want to know if you didn’t already.

    • Pat

      Thanks Dror – I appreciate that. I guess what I copy directly from a previous post, it messed up the link structure. Another lesson learned…thanks!

  • http://getbusylivingblog.com Benny

    I’ll have to quote an old song and say “Insane in the membrane”!!! Record earnings. Pretty amazing stuff. Should celebrate with some boba tea for sure. :)

    • Pat

      Haha – you remembered. Only on cheat days (Saturdays) though!

  • http://www.transformationalleadershiphq.com Mighty

    Hi Pat, your income report is so great that I’m positively envious..in a good way, of course, and I’m inspired to take my own journey a notch higher.

  • http://zeropassiveincome.com/ Zero Passive Income

    Congrats Pat! This is truly inspiring. You’re earnings crush it month after month with consistency. Thank you for the inspiration and thank you for being so transparent!

  • JB

    Pat,

    Thank you for always being so transparent. This is why I read your blog. Truly an inspiration.

    Quick question: What is your process for hiring/screening someone from elance? Do you have a preference with elance over say odesk?

    • Pat

      I prefer elance over odesk. To me, there are the same amount of quality workers on both, but there are a lot more duds on Odesk so I try to stay away. Of course, both are good and if you do your research (looking at feedbacks, reviews and # of repeat customers), you can usually find a good one. I never go for the lowest bid (learned that the hard way), and I always interview to see how fast they respond and the general feeling I get when they respond too.

  • http://www.bingobabe.co.uk Bingo Babe

    Absolutely insane! 40k! WOW!

    Regarding your security guard training site, its definitely a good idea to get the rest of the content done. As you said, you are freerolling basically, since its about 1 months revenue to get it done. I’m guessing it will bring in a bunch of extra traffic for state related terms. GL with everything, glad to see you are doing so well!

  • http://www.kidsiphoneapps.net Pavel

    Thanks for the update, Pat.

    The bit about iPhone application was an eye-opening experience. I only know noticed that the contract for Paid apps, Free Apps, and iAD expires in a year. Wow.

    What did you have to do to renew it?

    And also – once you taken care of paperwork – did you apps went back up on iTunes, or do you have to re-submit them all?

    • Pat

      Well, it was weird. I don’t know why it happened like it did, but we renewed our developer’s license, but for some reason the “paid applications contract” was incomplete when we did that, and to fix it all I had to do was confirm our bank. After doing this, within 8 hours our apps went back up. Luckily, I didn’t have to resubmit them all. Phew!

  • http://www.spanishhelpnow.com Cynthia

    I agree that at first your Getting Started page is long and a tad overwhelming, but it is nice and complete. I’m still a newbie to this, and I found it very helpful, and will refer back to it often. You’ve also made me pause and consider what I can do for my own blog. I’ve started making small changes, and planning a bigger one along the same line. Thanks!

    • Pat

      Thanks Cynthia, I appreciate the honest feedback. Do you think splitting up the content – maybe putting the “best of SPI” on a separate page would help with how overwhelming it is? I’d love to get your opinion. Thanks!

  • Russ

    Great job Pat.

    I always find you income reports super inspirational!
    Sorry to hear about the iPhone apps, that would’ve really been hard for someone if that was a main/only source of income. It’s a very good example of why we need to diversify.

    Is your iPhone income of $3,998.46 your half or the total? If it’s only your half does that mean you and your partner are down 2930.22 times 2. Man that really is a failure of Apples policy. You think they would want to keep those apps selling!

    • Pat

      It’s the total, Russ. I include the total here because we basically take all of the money and leave it for expanding the business. Got the apps back up live now, so things are all good – it’ll take some time to get back to where we were though – a few of those apps were in the top lists and now gone.

  • http://www.bisnisonlinez.com Adi

    Hi Pat.

    You really awesome with your business, this April income of yours is really the best comparing with other people who running business on the net. I hope next month your income will double since you’re adding new content for your security guard training website and other internet business that you just build.

    Thanks Pat for being my inspiration to make success Internet Business.

    For our success

    Adi

    • Pat

      Hi Adi, thanks so much. I doubt my income will double from this anytime soon, but I’ll definitely try for it! I’m at a point now where things are comfortable and secure enough at home that I can begin to donate thousands of dollars to charities and causes that I believe in. I’ve already started to do so actually, and it’s awesome!

  • http://www.infobarrel.com/Users/dadbintheadmin Melissa

    LOL…you keep this up and that statement you use “No, I’m not an internet millionaire” will need to be removed!
    I read your blog consistently even though I’ve only commented a few times. You put in the time and now you are reaping the rewards. Definitely inspiring!

    • Pat

      True – hehe, although I am still a long ways away. Thanks for taking the time to comment Melissa, and I wish you all the best!

  • http://www.whysoblu.com Gerard Iribe

    Awesome Pat! Congrats!

  • http://www.BarChefs.com Andy

    This is really wild stuff! Im glad I found your site. Great work.

  • http://www.thewisebuck.com Mike

    Hey Pat,

    I just wanted to say congratulations on a great month. It’s nice to see how many different sources you have. This should keep you at a steady base – so, even if the cyclical services like consulting aren’t as strong one month, the others will more than sustain you.

    Take Care, Mike

    • Pat

      Thanks Mike. Every month the income from various sources changes pretty dramatically, but in whole it’s fairly consistent, which is great! It’s like having a diverse stock portfolio, except a lot more profitable :P

  • http://smartmoneyfocus.com Joe Edward

    Awesome job Pat. I really find your style and delivery really cool. I see you are speaking in Chicago in Sept at the Financial Bloggers Conference. I plan on attending and will definitely check out your talk.

    • Pat

      Thanks Joe. I will see you there!

  • http://www.myrealtorlicense.com Matt

    Unbelievable. I am amazed every time I see posts like this. Congrats.

  • http://www.dropoutgotrich.com Kevin

    Congrats Pat, very impressive numbers in April. Keep it up

  • http://www.commonsensemarketing.net Sarah Russell

    Pat – Great stuff, as usual :)

    With the “Getting Started” page, I think there’s two groups of people you want to serve – people who are stopping by your site for the first time, and people who have given it a quick once-over and decided to invest more time in getting to know you and your content. The first time users are looking for a “Top 10 Posts” style list that will help them get to know who you are and what you’re about. But once they’ve decided to commit time to your site, the kind of page you’ve set up is perfect. (Obviously, entirely my opinions…)

    Can’t wait to hear more about the double ranking strategies!!!

    • Pat

      Thanks for the recommendations Sarah! I think you’re right, I’m trying to serve two kinds of people on this one single page, which is maybe why it’s so overwhelming for people. Still lots to think about, but it’s definitely a step in the right direction. Thanks, and all the best to you!!

  • http://www.quotessuccess.com Barry @ A Leader Quotes Success

    Great job, Pat! I admit – I scrolled down to the bottom number before reading the whole article, then said “Holy shnikes!” You almost hit your target with Bluehost affiliate money alone. Awesome!

    I know you have a passion for the subject that will keep you in it for a long while. I wonder, though – is there a certain cashflow/bank account level at which you say to yourself, “maybe I should start resting on my laurels?” It would be an interesting test of true passive income to see how long you could go without doing any income work except blogging…

    • Pat

      Interesting Barry, although the thing is none of this seems like work to me and it’s stuff I enjoy very much, so I don’t think I could even rest on my laurels if I tried, hehe. It was indeed be an interesting test though, that’s for sure.

  • http://www.internetentrepreneurconnection.com Hector Avellaneda

    Dang Pat! That’s pretty amazing man! Im sorry to hear about your apps taken off iTunes. That really blows. Like you said, it’s a learning process and I guarantee you anyone here with apps or thinking about developing apps will have keep that in mind!

    As always, thanks for the inspiration and transparency!

  • http://onlineincomelab.com Trent Dyrsmid

    Hey Pat,

    Congrats on such a fantastic month! Seeing how diversified your income stream has become is really inspiring and I look forward to doing the same. How is it the Bluehost is such a large income earner? Is it just a function of a very large number of your readers opening hosting accounts?

    On another note, I hear what you are saying about not wanting to be known as a guy who only makes money online by teaching others how to make money online. That is the reason I went down the path of building a whole bunch of niche sites first. That way, each one of the niche sites can serve as a guinea pig for all sorts of experiments, that, in aggregate, can become the “proof” that money can be made outside of the bizop space.

    Not only that, but having so many experiments that are ongoing gives me a lot to blog about.

    Cheers,
    Trent

    • Pat

      Hey Trent,

      Regarding Bluehost – it’s a one time referral fee and I’m just getting a lot of people going through my link, which is awesome! The rate definitely went up when my niche site duel site got to #1.

      Good on you about your niche sites – I think it’s similar to what I did with GreenExamAcademy before I entered this niche myself, and I reference that site quite a bit so it does help to have that proof. Walking the walk is definitely the way to go.

      Good luck, and I wish you all the best!

  • http://www.profitsnatcher.org Josh

    Hi Pat,

    Great income report and as always congratz! I’m starting to see a big difference too just modeling you. I’ve went from making $0.00 online to around $600.00 a month in about a year thanks to your advice. So thanks my friend. Take care!

    Josh

    • Pat

      Josh – that’s awesome buddy! That’s huge and over a lifetime can make a world’s of a difference in one’s life! I’m glad I could help and I hope I can continue to provide content here on SPI so you and others can see even more in the future! Time to get from $600 to $1k a month Josh!

  • http://ricnunez.com Ricardo Nuñez

    Congrats Pat. Another great month. I wish I had the same consistency that you have when it comes to create new sources of incomes and sticking to it. That consulting fee is sweet and that’s how I generate most of my income, but like you said is not every month that you have the consulting fee coming in.

  • http://zachcrawley.com Zach Crawley

    Wow, 40k in a month! Now that’s where I wanna be. lol

    Oh well, I’ll get there and I’ll document it all too. :-)

    great post Pat,

    Zach

  • http://ht Bjorn

    Congrats on your greatest month so far!!! I’m sure you’ll have better to come still ;-)

  • http:/www.thecopybox.com Loz James

    Hi Pat

    What a storming month – very inspirational. Just a couple of things, are all those affiliate earnings just from SPI? Also, what comments plugin are you using that allows people to opt into your ebook list?

    Many thanks!

    Loz

    • Pat

      About 95% of the affiliate earnings are a result of something I did with SPI. Regarding the plugin, it’s called subscriber’s magnet. It actually works pretty well, as I am keeping track. Cheers!

  • Julz

    DING DONG! Congrats on your new personal best income month Pat! Awesome, VERY inspirational! Hope you enjoyed your mini-vacation… :-) Regards, Julz :-)

  • Dianne

    Excellent post Pat as always. Congrats on reaching a new income milestone!

  • http://www.tacticalcashflow.com Howie

    A few days ago, I gave a speech to a group of 100+ special needs children and their families, on opening day of their Special Olympics games.

    I spoke about the importance of having moral courage.

    Google your name.

    No amount of money in the world is worth compromising your character and reputation.

    So long, Pat. I wish you the very best.

    • http://pennyonthefloor.com mike

      I don’t get it.

      • Howie

        Read my last blog post and come to your own conclusions.

        I’ve had my first death threat just a few days ago.

        My thoughts on ethics, morality, and leadership are so diametrically opposed from top-tier bloggers…it’s truly unfortunate what is occurring.

        I’ve posted thousands of words here over the course of almost two years.

        I see there is no end in sight.

        This will be my last post.

        Best to you, Pat.

        • http://pennyonthefloor.com mike

          gotcha. i found your blog post after reading your comment, but i didnt get the “google your name” part.

  • Ben

    Now I’m anxious to hear about double indexing!

    Would you be willing to share more information about traffic and other analytics about your SecurityGuardTrainingHQ.com? I’m curious to see how it’s progressing since being #1?

    Have you considered other ways to monetize it? The adsense is working well but it doesn’t look like the job board is doing much for you…

    • Pat

      Hey Ben, I’ll be doing an update on the SGT niche site once I get the other articles up there. I’ll give people a snapshot of “before” (with stats and analytics, etc.), and then later down the road post a followup with another snapshot, to see what kind of effect filling out the site had. Will keep you and everyone else posted!

      • Ben

        Thanks!

  • http://www.internetmarketinwizard.com Bill Zimmerman

    Congrats on the big month Pat. Those freelance jobs are nice when they are unexpected and kind of fall into your lap :)

  • http://www.earnmoney-fromhome.com/blog2 Bryan

    Pat,

    You are absolutely killing it! I can’t believe how much you’ve jumped from the previous month. Awesome earnings you’ve got there. Multiple streams of revenue definitely makes the cut. you’ve got a whole long list of earnings from various sources there. Definitely a model that everyone should follow.

  • http://coloradoblogworks.com Paul elliot

    Pat, Great article as usual.
    About checking stats. I’m tracking but find that people often get bogged down in stat checking. I haven’t done this yet but was going to look into establishing a stat “portal” on something like Netvibes, iGoogle, or Yahoo (depending on who offers the widgets needed) that would give you a single page of stats that you could scan in seconds everyday to make sure everything is healthy.

    • http://www.masonworld.com Mark Mason

      I think this is actually a pretty good idea for a product. I think people would pay for a nice stats portal. You could start with AdSense, Clickbank, PayDotCom, JC, Sharasale, eJunkie and a few others and go from there.

      • http://pennyonthefloor.com mike

        agreed. this sounds good. I’ve thought of this in the past as well.
        I waste a lot of time looking at stats.
        I need to discipline myself to only check once per day.

      • http://coloradoblogworks.com Paul elliot

        …of course yo could also probably throw something together real quick with iframes

    • Pat

      Paul, like the others said, this is a great idea. iFrames would work, but something a little more robust could be profitable for the developer and very helpful to a lot of people. It’s tough to get a ton of different products and APIs all in one spot, but I know I would use it in a heartbeat!

  • http://www.teeballbaseballblog.com Tom Handy

    Pat-
    You give hope to us little guys. ;) Thx for all you do. What you’re doing is more than just for yourself since you give inspiration and tips for other bloggers.
    Tom

  • http://www.akravitz.com AK

    Very interesting what you say about not wanting to be “one who only makes money by teaching others how to make money online.” To your credit, your transparency and income reports really differentiate you from other internet marketers and give you a ton of credibility — but it’s definitely striking to see how much money there is in the classic business of teaching others to make money.

  • http://winwithkelvinaugusta.com Kelvin

    Thanks for the value Pat, really appreciate your balanced and grounded view of things.

  • KimP

    A record month, Pat! Congratulations!

    I love the idea of hiring out the remainder of the work for your niche site. I have a niche site that includes state-based requirements as well and this is a viable option to get that information completed.

    Did you ask your freelancer to sign a NDA? I’m thinking about using this sort of option for ebook creation as well, so I’m thinking an NDA would be helpful for added protection.

    • http://mywahm.blogspot.com/ Maria (WriterGig)

      I’m curious about this as well. I want to hire a freelancer for some of my niches, but want the information to be confidential.

  • http://www.trinitywebcreation.com Ben

    Keep rockin it Pat! Impressive numbers my friend.

  • http://coveringtherent.com Ryan@coveringtherent

    Pat this is truly remarkable progress and shows how hard work, talent and desire pays off in the end. I think you are a true rolemodel for us all.

    Following finding out about your niche sites I have used my knowledge of SEO and produced some of my own. Since then i’ve now reached approximately $470 a month from my niche site earnings. Thank you for the guidance and the brilliant idea.

    Just one question. Out of all your achievements this month what do you value the highest? Which one are you most proud of?

    Ryan

  • http://www.seobasicsandstrategies.com TomL

    Good job on the earnings.

  • http://www.pianolessongirl.net Dakota

    Hi Pat,
    My dad turned me on to your site. This is very impressive indeed.
    How long have you been an internet entrepreneur?
    How long did it take before you began seeing an income of any kind?
    I’ve just started driving traffic to my site and creating review/sales pages. So I’m curious as to how much time I need to wait before expecting any sales. I(we) work on my site daily.
    I keep reading and trying to apply what I’ve learned. It does take diligence and constant studying, researching and devotion. Thanks for sharing what you’ve learned.
    Piano Lesson Girl

  • http://the100percentyou.com/ John Sherry

    This reminds me of a spiritual business mentor friend I know called Nick Williams who advises that you are many things and can make money and income in many ways as a result. You are NOT just one thing. Your list of earnings simply proves that point Pat. Also the nichism arena is growing i.e. your security guards just as Chris Anderson advocated in The Long Tail. There has never been a better time to make a better living in the best way possible and this report proves that all the way. Cheers Pat!

  • http://www.indianmarketer.com Indian Marketer

    Impressive numbers Pat, Congratulations for the achievement!
    And thanks for sharing your earnings with us. This is what inspires newbies.

    • http://www.vowpix.com Amarnath

      Truly Pat’s posts help put things into perspective, even newbies can get a fair understanding. Heartfelt thanks Pat, for sharing your journey in generating an online passive income, there is so much to learn that it is sometimes utterly overwhelming. Wish you great success and looking forward to more posts.

  • http://www.naturalhairspeaks.com Alicia

    You go Pat! I see your niche site is really growing. Over $700 a month. Wow! Thanks for sharing:)

  • http://www.simplesavingideas.com Erik

    I have discovered your blog several months ago, yet this is the day that I got hooked reading your writings. Today I’ve read 5 pages of your blog. This wouldn’t be the last, Im sure.

    Excellent article about your earnings, way to go Pat!

  • http://www.megabizflakes.com Samuel

    This is really awesome pat! I can see that you’re really making it big. The way you spin up your income makes me scream WOW! :) Keep up the good work bro. Thanks so much for sharing.

  • http://lisastoops.com Lisa Stoops

    I like how you mention the fact that you are making a great income outside of the make money online niche. Awesome growth!

  • http://ineeddiscipline.com Dean Saliba

    Always good to read your income reports. It always inspires me to push myself more. I’m looking to really break into to passive income earning with articles this month. :)

  • http://www.bendcookie.com sean

    I contributed a few bucks in your pocket last month :) Thanks for all the great info.

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  • http://www.epoxygaragefloor.info Rex

    This is very motivating! You are really great!

  • http://www.dubai-information-site.com Sunil from The Extra Money Blog

    wow – you are making more than some CEOs do :)

  • http://www.retire9to5.com Mark Dacoron

    Great month again Pat.

  • http://beginnerbowlingtips.com Joseph

    Wow, that’s an amazing month! Very inspirational stuff for someone who’s just getting started.

  • http://wordpress-schools.com Eunus Hosen

    Congrats Pat! Hope you’ll reach $50k milestone soon!

  • http://www.trafficblog.com Anthony David

    Hey Pat, I’m curious what’s your CTR in the google rankings for the term “passive income” Keep up the great work.

  • Zak

    Pat out of curiosity why dont you make the links active in your monthly reports?
    Ive wanted to look at the affiliate products you reference as income producers, but none of the links work. Can you expand on that choice?

  • http://www.lazybastardlife.com Jason

    Pat,

    Having just logged into my eHow account to get my April amount for my income report, I discovered that they are terminating the Writer’s Compensation Program. I’m curious, are you going to sell the rights to your articles to Demand Media or keep them and post elsewhere (InfoBarrel perhaps)?

    Thanks,

    J

    • http://mywahm.blogspot.com/ Maria (WriterGig)

      In this case I think the best decision depends on how much the offer is … most offers seem to be well worth it as the articles are not worth anything posted elsewhere as initially they will be seen as duplicate content by Google.

      Pat, did you try logging in to your eHow console to check on this recently?

  • http://www.smartonlineincomes.com Solomon Mwale

    Thank you for the great work that you are doing. I know tthis is really taking much of your time to compile but it has also motivated most of us. Withe you new expense report while you are very far and you are such a pro no doubt with that.

  • http://www.designyourjob.com Kirk

    Pat,

    Congradulations on another great month. You continue to hit it out of the park. I am learning alot watching you and your business grow and appreciate it. The way I pay you back is that when I need a tool I click on your afflilate links. The trust model does work.

    Take care!

    Kirk

  • Bogati

    Congratulation PAT, you had made a huge difference this month and hope better than this for the next …Affiliate earnings are really the great source of income what I undertand from your reports.

  • http://scorpiongodlair.blogspot.com ScorpionGod

    I’m very happy when people earning money online and post those reports. i love to read them. And these income reports make me encourage to blogging. I’m looking for the day when I make Money Online..

    Follow me on Twitter

  • Robert

    Wow! Maybe we’ll soon see you on the list of Top Internet Entrepreneurs!

  • http://www.takingoffthesuit.com exsuit

    This is incredible. I just started (also posting my earning publically), but I’m about 1000 times off your mark! Hopefully in my 3rd year I’ll be generating passive income as you are! until then, my monthly reports will be in the 10′s-100′s range :P

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  • http://qualityparingknives.com Jim

    Wow! $41,634.24 in one month. All by just using your writing skills and marketing yourself.

  • http://atlantapsychiatrist.info/ Josh

    Wow… That is a lot of money you are making. congrats on your success.. I’m following your blog for inspiration.

  • http://fiveholiday55.blogspot.com Helen Neely

    Pat, you have really done great for yourself. This shows that hard work and determination always pay off at the end of the day. I’ve learn alot from you and will definitely continue to appreciate it.

    Thanks again,
    Helen

  • http://www.screamingtips.com Zohan

    Awesome Earning Pat, Keep working and also your getting started page is incredible, It looks much better with those videos. I would give this starting page as a reference for best pages! :)

    Also your monthly income in inspiring us a lot. Keep up the hard work. I wish you all the very best for next month!

  • http://independentlivngtool.com Jim

    When I read these comments, the word quickly “gullible’ comes to mind.

  • http://subrablog.com subra

    Pat,
    You always mention your monthly report but how you make that money? ant hints or clues?

    • Pat

      It’s all laid out for you, in this report and the rest of the blog. :)

  • http://www.izdelava-logotipa.si Igor

    Hey Pat, you are doing great work, I love your blog, so many great things to learn here! Also congratulations for your best monthly income up to now. Keep it up ;)

  • http://www.blogofzoso.com Tilen Hrovatic

    Reading reports like this one really gives me the energy and optimism to keep on blogging :)

  • http://www.entrepreneurdrive.com Vince

    Nice month Pat. Well done.
    I just watched your video about SPI being critiqued by Derek Halpern. Lots of great tips and advice. I will definetely rewatch it. Thanks for sharing. I really appreciate the way you try to help your readers by being so transparent.

  • http://www.danieldecker.net Daniel Decker

    Hey Pat. Just stumbled onto your blog. Love these earning reports. Great glimpse at how it’s done.

  • http://fiveholiday55.blogspot.com Helen Neely

    Lovely report you have there, Pat. I’m really inspired seeing how much you are raking in on a monthly basis. This tells me that my software engineering degree was a huge waste of money.

    Wish I could get a refund :)

  • http://www.womanseeksworld.com Nicole @ WomanSeeksWorld

    Wow! Very inspiring to see – Im just small fry at the moment, but hopefully one day will be up at these levels – just gotta keep going!

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  • http://usavemovingandstorage.com Jae Burnham

    I just found this website, but can’t remember how. I am really impressed with this. I have never seen some “internet guru” break down where their income is really coming from or exactly how they are doing. All I normally see is their “impressive” screen shots.

    Really don’t much to add or offer except this compliment. I hope that it is enough. Thank you.

  • http://www.pulsemonitors.org Pulse Monitors

    Hi Pat

    Thanks for continuing to create these monthly reports.

    It is striking how much does now come from affiliate stuff and a fairly modest (although id be happy with it) from the guard site.

    again thanks they are very usefull

    regards

    Steve Wyman

  • http://www.funwidmasti.com funwidmasti

    Nice going man, hope you earnings go the same way,All the very best for future.!!

  • Ifeanyi Jemie

    This is the best blog I have ever seen in my life. It’s transparent, it’s real, it’s alive. And best of all it’s free. Never change anything from the way you are doing it now, Pat. You are helping a lot of people, and karma can be a bitch but it can also be your best friend.
    I for one can tell you I was almost fed up with IM and gurus and BS until I just stumbled across this blog today. You have given me reason to work harder and keep it real…

    Thank you. Awesome stuff!!

  • http://www.multifacetedrajasthan.com Anuj

    I am really amazed how PAT manages all these things and in such a meticulous way. I think he is really a game changer and an inspiration for those who really want to make their income stable, slowly & steadily.

  • http://Www.mymodernastrology.com Damien

    Hey Pat, I know my name is probably popping up way too much on your radar the past week or so but I’m just amazed at how fast your advice has changed my site.

    Tonight I hit number two on Google for my primary search term! The only person above me is Shelly Wu, who’s books on Chinese Astrology I’ve been reading for years! She’s had a site since 1995 – my site is less than a month old. Im positive I will overtake her within a few weeks as I add more great content. To even be showing up in search terms near her is an amazing feeling! We’re talking about a search term with 680 MILLION results, and my site is coming up second. I’m over the moon right now.

    If I have a specific question for you is this the best forum? I feel like I’m cluttering up your blog with my own personal stuff.

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