Here is my monthly income and goals report where I break down all my expenses, revenue and goals for the month. I do this for two reasons, 1. By sharing my goals with you it forces me to stay accountable and know where I am at each and every month. 2. I do it to inspire you and show you exactly what it takes to create a passive income lifestyle. I want this site to be a blueprint for you, so if you choose to take that first step and pursue a more freedom bound lifestyle, you have all the tools you need.
***All money in USD***
Finances – Passive Income Only
I will easily generate $200,000 in revenue by December 31st 2017.
Revenue: $2691.77 ($9256.89 total for 2017)
Expenses: $1223.18 ($5207.49 total for 2017)
Profit: $1468.59 ($4049.40 total for 2017)
Last Month Revenue: $1843.60
April was one of the most stressful and important months of my life recently. After coming off a successful launch of the Front Row Factor I was able to really bunker down and focus on my business again. I had 2 main goals, publish more books in both niches and really ramp up sales again and finish The Blueprint to help other new publishers make their first $1000 with Kindle publishing. I am very happy that I was able to get both done this month and they made a big difference in the income that I made in April. While the books helped me make April my 2nd most profitable month this year so far with Kindle publishing, launching the course was the most important thing that I have done in my journey to a passive income since starting Kindle publishing. Being able to help and more importantly show and teach others how to create a passive income for themselves is what truly does make my heart sing. By nature I am a leader and want to help others. The Blueprint is my way to extend my reach and impact as many people as possible.
With Kindle I was able to get some ACX sales this month as well and I also increased my ebook sales by almost $80 this month. I really think this all comes back to increasing the number of books that I have published which brings my total to 21 live and 5 that I will publish next week.
Other Online Income: $485
Publishing Cost: $767.28
Bank Fees: $9.95
I will easily create 100% of my income from different passive income revenue streams by December 31st 2017 so that my wife and I can no longer have to work ‘regular’ jobs and have the freedom to live life on our terms.
My goal is to be able to quit my job by July of this year and focus on my blog and online business full time. Once we get closer to the fall we should know when my wife will be able to leave her job as well. I also have made the most important change and that is adding another stream of income from my course.
I will easily pay off the remaining debt that I have by December 31st 2017
Result: I am super excited about this one. I grew thinking that debt was not a big deal and accumulated some by just living beyond my means and buying things that I need. So we have been extremely aggressive on this front paying off debt and not accumulating any more debt by any means. Its a great feeling knowing that you are almost completely debt free!
I will easily become a master of my finances and improve in areas where I need to improve on by reading books and seeking out mentors who are getting results that I want.
Results: By doing these monthly reports it forces me to know where I am with my business income all the time. I love that! I haven’t started reading the books around this topic yet, but I will in the next few months.
I will easily grow my Kindle Publishing business to generate $5,000 per month by April 30th 2017 and have it at $10,000 per month by August 1st 2017.
Results: While I did not hit my goal of 5K for income for April I have realized that this goal is not 100% lined up with what I want to do. I think I was making these goals cause they sounded cool and were cool to promote. When in reality what really motivates me is helping others reach their income goals. So for right now, I am not going to focus as much on scaling up to 5K or 10K with my Kindle publishing business as its where it needs to be for me to help and teach others on how to make their first $1000.
I will easily look into creating a Kindle Publishing course to launch in 2018
Results: ACCOMPLISHED on April 28th 2017
I will help 1000 people make their first $1000 online through Kindle publishing by December 31st 2017.
Result: I am all in on this goal! This has lit a fire in me like nothing before. The fact that I am able to help others get the same feeling that I have been able to get from making my first $1000 with Kindle publishing is just incredible. Impacting and helping other create what they want for themselves is what I really do enjoy and thankful am very good at. I am looking forward to accomplishing this goal as fast as possible!
I will easily commit to producing a minimum of bi-weekly blog posts (26 total) for all of 2017.
Results: 21 total so far. I just hired someone to help with turning my videos into blog post so this will be ramping up in May.
I will easily start Affiliate Marketing by December 31st 2017.
Results: I have started this on my own, but I don’t have a niche site or anything like that up yet. This will be more of a focus once I am working on my blog full time, hopefully in the next 2-3 months.
I will easily reach 10,000 people monthly through my blog by December 31st 2017.
Last Month: 493
I haven’t been focusing a ton on my site, but mostly on my youtube page for right now.
I will easily grow my YouTube channel to 10,000 subscribers and produce 300 videos by December 31st 2017
Results: 417 subs and 78 videos
Last Month: 217 subs 46 videos
I increased my subs by 200 over the last 30 days and almost doubled my videos. I have really enjoyed putting all this content out there and have loved connect with all the subscribers.
Health and Fitness
I will easily complete a full marathon by December 31st 2017
Results: Still not open for reg yet.
I will easily sign up and start working out in the gym again by December 31st2017.
Results: Not yet.
I will easily gain five pounds of muscle mass by December 31st 2017
Results: Haven’t started
I will easily do a 7-day juice cleanse with my wife by December 31st 2017
Results: I think me and the wife will be doing this when we go to Vancouver, but we are not 100% sure yet.
Travel, Lifestyle, and Personal Development
I will easily travel back to Canada with the family by December 31st 2017
Results: Looks like August is the plan! Flights are booked!
I will easily sign up for Robin Sharma’s Personal Mastery Academy for 2018 by December 31st 2017.
Results: Not open yet
I will easily read 12 books by December 31st 2017
Reading has just not been at the top of my list for the last few months. I will get back into it, but right now I just haven’t been super focused on sitting down and reading.
Here is what is next on my reading list
Untethered Soul – Michael A. Singer
FU Money – Dan Lok
Tools of Titans – Tim Ferris
Money Master The Game – Tony Robbins
The Seventh Sense by Joshua Cooper Ramo
Abundance – Peter H. Diamandis
On Writing by Stephen King
It’s Your Ship by Michael Abrashoff
Spark by John Ratey
Grit by Angela Duckworth
Peak by Anders Ericsson
The Gifts Of Imperfection – Brene Brown
I will easily take the wife on a weekend getaway for our Anniversary by October 29th 2017
Results: Haven’t started planning yet
What will you accomplish in 2017?
The biggest mistake people make when setting goals is never checking in on them or measuring them regularly, that is why I commit to posting monthly updates on my progress, not to brag but to force me to consistently check in on my progress and reevaluate where I am.
I encourage you to make sure that you’ve clearly set your goals for 2017 and to even publicly share them, just as I’m doing right now.
You can share them with your friends, family, on Facebook, via e-mail, on your blog, or even as a comment below.
Again, by making them public you’ll have more internal pressure to follow through on them. The people that you share them with will also likely be following up with you throughout the year, reminding you of the commitment that you made to them, which will make you more likely to follow through on them.
So, what are your goals and resolutions for 2017? I’d love to hear what they are, make them public and leave a comment below!
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