My Monthly Report – November 2008

This is the second of a series of reports that I will post each and every month summarizing my progress. I’ll first mention the major events that may have happened within the month that could have made a difference in my earnings. I will also break down the sources of my income so that I can keep track of how each one is doing. Lastly, I’ll conclude with the most important things that I learned and what I have planned for the near future. I’d love to respond to any questions or comments that you may have. Thanks!

Important Going-Ons for November

  • Began writing articles for eHow.com
  • Hired help for better Search Engine Optimization of my blog at Intheleed.com.
  • Asked for and posted testimonials from those who have purchased my eBook.
  • Started exercising again – this time with a personal trainer.
  • Ran a poll on Intheleed.com which told me that 80% of the people who bought my eBook would pay for an audio version. I am now converting my eBook into an audio guide.
  • Bought a USB Microphone to explore the realm of Podcasting. It hasn’t shown up yet.

Income Sources

  • Ebook Sales: 349 Copies – $8,598.51
    • last month: $7,126.91
    • difference: + $,1471.60
  • Google Adsense: $702.03
    • last month: $596.31
    • difference: + $105.72
  • Private Advertising (pro-rated): $408.33
  • eHow Earnings: $20.02
  • Gross Total: $9,782.89
    • last month: $7,906.55
    • difference: + $1,876.34

Definitely a record month for me, in all categories. I attribute the increase in eBook sales and adsense earnings on Intheleed.com to a few things:

  1. Basic word of mouth. I can see more and more people being satisfied with my product (both the eBook and the website), and word is spreading. If you can create any word of mouth publicity with your website – that’s gold.
  2. The SEO help that I hired for at the beginning of the month. I specifically asked for certain keywords to rank higher for me, and those keywords are now at or near the top of the search results. I’m getting more and more organic visitors (aka. from search engines), which direcly correlates to my traffic, pageviews, adsense earnings and eBook sales. Wonderful!
  3. I simply asked my eBook customers for a review. This is a two-fold method. One, I got suggestions that could make my book even better, which is always a good thing. And secondly, I got some rave testimonials, which I put on my eBook sales page for future customers to read.

I started writing on eHow, and I have a lot to say about it. Watch out for the next post. I have some nice graphs and stuff that you might be interested in.

Important Things I Learned in November

  • Working from home is difficult. It’s really easy for me to have days where I don’t work at all, and days where I work 18 hours straight. The t.v. is right here next to me, and poor man’s tivo (youtube.com) is just a click away. The best thing to do is write your schedule of work ahead of time – a week or even a day in advance. I’ve done a poor job of doing this, and I know when I start my results will increase – and I’ll probably feel more accomplished too.
  • The Key to EVERYTHING is “community”. This is why I think eHow.com is such a great website – it has a wonderful community, and that’s why the site and it’s users are so successful (and rank high in Google Search). Community is just as important in your own blogs and projects. If you can create a loyal community in your own blog or website, you’ve created potential for passive income.
  • Ask them what they want. In your “community”, the best thing to do is ask them what they want. I wrote about a guy named Fred who lost thousands of dollars because he didn’t ask his potential customers what THEY wanted. You can’t just assume your idea or product will be well received. You have to ask, or in other words – test. Regarding my eBook, I was lucky enough to have people ask me to write a book. If I was smart, I would have asked them first, and I could have started selling my eBook even earlier.
  • I need Health Insurance. Now that I’m not working for an employer, I do not have health insurance. This is a big no-no, and NOT smart. Sometime this month, I’ll go over how to find the best health insurance plans if you are working from home.
  • Generating a Passive Income Online Saved my Life. Seriously, it has. Without my eBook and adsense earnings, I would not be able to stay afloat after my lay off, especially with all of the expenses I’ve had to pay for my wedding in February. What a blessing this all has been.

What’s Next

Well – I have to get health insurance, that’s for sure. But furthermore, I’m going to work hard on my audio guide this month, in hopes to have it finished and on sale by Janurary 2nd, 2009 (crosses fingers).

Next, I’m going to explore some Podcasting. I’ll probably test it out on this website, and I hope you’ll have a listen. I’m not sure exactly what I’ll talk about, but I’d love to highlight some eHow articles that I find and give credit to their writers. I think that would be a cool way to help people out, and get more people to listen to the podcast.

Oh, and Christmas shopping, of course.

To My Loyal Readers

First of all, thanks for reading my blog. I’ve made it to 50 subscribers! That’s awesome! If I can get to 100 subscribers before the end of the year, I may have to hold a contest.

Next, feel free to check out the new photo of my fiancee and me in the sidebar. We’re getting married on 2/21/09, so the 2-2-1 on the Ladanian Tomlinson jerseys do have significance. (I always point out that it also signifies “two to one”, like two families becoming one, but April hates when I say that…haha. Cheesy!) Also, there’s a new Poll in the sidebar as well to participate in.

Please feel free to leave any comments, suggestions, criticisms, shout-outs – whatever you’d like. I’d especially like to hear any plans you may have for the near future that will help you earn more passive income online.

  • http://retire-at-40.blogspot.com/ Andy @ Retire at 40

    Congratulations Pat, those figures make for pretty awesome reading.

    I was wondering, are you going to transcribe your eBook directly to audio or somehow re-jig it?

    Andy @ Retire at 40´s last blog post..December Challenge – Free Yourself of Material Possessions

  • http://erinmaher.ca Erin Maher

    Congratulations to you and your fiancee!

    I’ve really been enjoying your blog lately – I did an a post not too long ago with some link love. Also, had a chance to check out a couple eHow articles and found them well-written, and sometimes humorous. Keep it up! :)

    Erin Maher´s last blog post..StumbleUpon – Because Where Else Can You Kill Bunnies and Tranquilize Sheep?

  • http://www.thegreenninja.org the green ninja

    I’m just beginning to understand the importance of community when it comes to blogging. I’m really enjoying it, too.

    As far as health insurance goes, my own upcoming wedding (April) should take care of that one particular problem!

    Your earnings are impressive and while I haven’t been working on an ebook yet, I am working on a book to publish through LuLu…I stuck to my area of expertise and knowledge..it’s called “How to Get your Wife to Act Like a Porn Star.” ; )

    the green ninja´s last blog post..November Earnings (eHow, Suite 101, today.com, Bukisa, Helium, etc.)

  • http://www.writingthecyberhighway.com Michele

    Wow, congrats on all the success! What a wonderful (early) Christmas present, eh?

    I’m still writing for eHow, too. I haven’t published as many articles on there as I’d like but I’m going to just publish as often as I can, when I can. I have noticed that I have articles that are better earners than others and that my earnings are increasing. I’m a happy gal!

    Happy Holidays!

    *smiles*
    Michele

    P.S. I LOVE this blog! It’s – no YOU are – very inspiring and motivating!

    Michele´s last blog post..5 Tips for Writing a Quality Article That Will Leave Editors and Clients Salivating for More!

  • http://lifestylesoftheorganized.com/ Sarah H.

    Incredible numbers Pat! Congratulations on your success and thanks for sharing your results…very inspirational indeed.

    Sarah H.´s last blog post..Houseplant Hacks – Three ways to manage your time more efficiently

  • Pat

    Thanks everyone for your comments.

    @ Andy: I’m not going to transcribe my eBook directly, because I think it would get really boring if it were just read like how it was bulleted. I’m going to record it in hopes that I can be kind of like a tutor.

    @ Erin: Thanks for the link love! I really appreciate it! And thanks for taking the time to read my eHow articles =)

    @ The Green Ninja: I really like LuLu, I’ve heard great things about it. And your book title, well – let me just say that I think that will definitely sell. Let us know about your book writing process once it goes through =)

    @ Michele: Yes, I’ve noticed the same thing too. I have a few high earning articles that just keep earning, while others are just duds. Good luck on your earnings this month!

    @ Sarah: Thanks for your comment! I’m glad I can be an inspiration. I hope I don’t come off as being cocky or a show-off when I describe my numbers. My only reason for doing that is to inspire others as well as myself.

  • http://www.littlemummy.com Erica

    Loving this blog, very motivational, you’ll have 100 readers in no time ;)

    Erica´s last blog post..Swap Party

  • http://www.ehow.com/members/1960texan-articles.html Will

    Pat, congratulations! You’ve been so generous with your knowledge, you deserve every bit of success that you’ve achieved. This website helps everyone that reads it.

  • Suze

    Pat, I also love your blog. So much, in fact, I’m moving your feed from my Blogs I Like folder on Google Reader to Blogs I Love. I’m always eager to check out your latest entry. Keep it up. Good goal, by the way, to double your subscribers. Too often we think WAY too big at first and the number is unattainable. 100? You can do it, easy.

  • Silvia

    I am one of your 50 subscribers and have been viewing the blog for few weeks. I would like to thank you being so honest sharing w/us the difficulty of working from home and how a passive income can be generated!

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  • http://www.nomorespending.net laura @ no more spending

    Hi Pat..congratulations on your income, very motivational.

    Also congrats to you and your fiancee, you picked a good date.my birthday :)

    laura @ no more spending´s last blog post..Budget Buster in November

  • http://myWAHM.blogspot.com WriterGig

    Pat, very impressive and very inspiring! I’ve debated about posting my full income each month as I like some privacy, but I do share various residual income information almost weekly. Thanks for sharing your success!

    WriterGig´s last blog post..Bukisa Earnings: Report from Month One

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  • http://www.winplace-portal.com Zooras

    Congratulations.I does not believe to be able to make to gambling money over correctly, but these people understand their business without if and however!!!

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  • http://goodfinance-blog.com LeeLeola

    It’s great that people can take the credit loans moreover, it opens new opportunities.

  • http://www.queasystomach.com/ Tommy Hardin

    Second month after starting the transparency and you increase your income almost 2K for the month. That is impressive. There are a lot of people that would be happy just to make a total of 2K a month online.

  • http://www.amirrimer.com Amir Rimer

    Hi Pat,

    Even though a few years have passed since you published this post, your Gross Total: $9,782.89 result is still outstanding.

    Thanks!