February 2010 – Earnings Report
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Welcome to my February, 2010 monthly earnings report! This month I completed my first ebook “How to Start a Limousine Business” and it has sold four times already in just one week. This is a very encouraging and I am in the process of writing a second ebook right now. If I can average 4 sales a week at $25 per sale, that would equate to an additional $400 a month in residual income. This is a pretty good profit considering that my total costs to make the book were only $88.
There was not much of an increase in my monthly total – but my ebook was only for sale for one week. I am eager to see what a full month of sales will do for my totals. I am hoping that adding a second ebook will bring me up and over the $1,000 a month plateau. I also will have a guest post going live on a very popular blog soon and I am interested to see how the additional traffic will affect my earnings.
On February 2nd, I had the most unique visitors to my blog in one day – the total was 1,012. If I can get to that figure on a consistent basis, I am bound to have some advertisers knocking on my door soon. One thing to note, StockXpert is no longer on my earnings report because they closed up shop this past month. Which is too bad, because I really liked their website. I also have four new sources of income listed below: SquishyCash, Treasure Trooper, YouData and my eBook sales. I was ver happy to have my CashCrate earnings go up considerably this month, especially since there is no effort on my part.
February 2010, Earnings Report
- Ehow: $66.94
- Constant Content: $36.98
- Shutterstock: $54.97
- Dreamstime: $33.32
- BigStockPhoto: $9.71
- iStockPhoto: $24.41
- Fotolia: $10.01
- e-Junkie: $4.98
- CashCrate: $72.21
- SquishyCash $9.91
- TreasureTrooper: $10.80
- YouData: $2.55
- ProjectPayday: $33.00
- Google Adsense: $116.70
- Blog Advertising: $0
- AuthorHouse: $26.58
- ebook Sales: $100.00
TOTAL RESIDUAL INCOME: $613.07
+/- January Earnings: +$65.42
12 Comments to “February 2010 – Earnings Report”
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Hi MJ, great post on Pat’s site today, which is how I found you. I noticed that both you and Pat have income from eHow. Pardon the pun, but how do you generate money from eHow?
Thanks
Both Pat and I have written a large amount of “How To” articles for eHow. (I think I have 89 active articles now.) These earnings come from the Google ads that are posted on each article. When a visitor reads an eHow article and clicks on an ad – eHow makes money and in turn gives a percentage of that money to the author. The average eHow article can earn between $1 and $3 a month – so if you have 100 articles you could concievable earn $100 to $300 a month. Check out my past postings in the “writing” category for more info on eHow. You won’t get rich on eHow – put with some effort you can make some extra monthly pocket $$. Good luck!
MJ
Hi,
The last time you displayed your monthly earnings you said that you are looking forward to make more than $1000 a month so that you can finance your mortgage debt. So how much more time do you believe it would take?
$100 from your e-book sales in february!! Hmmm!!! How would you rank this? below expectations, above expectations or just as expected?
I’m just wondering. What are the start up costs for an E-book?
These were my costs: Writing: $0 (Just my time!), Elance designer to create bookcover, logo, pages and final PDF file: $80, Webpage through Homestead.com: $2 for the domain + $5 a month for hosting. (I built the webpage myself, very simple on Homestead) — that’s it! My total costs were just under $90! From here on in, it is all profit. You will also want to register your eBook on e-junkie to allow others to sell it as your affiliates. I currently offer 51% payment to any e-junkie member who sells my eBook. This equates to a $12.75 profit for them!
Let me know if you have any more questions…
MJ
To be honest, I do not think I am going to reach my goals with simply freelance writing, microstock photography and stuff like CashCrate. I think that stuff like product inventions, iPhone apps, quality ebooks and small business ventures are what truly will wind up making me some real money. I am not sure how long it will take me to break the $1,000/month barrier – but I hope to do it by this summer. The $100 for my ebook is only for the last week of February, I had four sales that week. Since then, things have slowed down with sales – but I would be happy with $300 a month from my ebook. $400 would be great!
MJ
Hi,
Great blog!
Do you have a post on how you are earning from your photo affiliates (istock, etc…) is it through referrals or do you have your own collection you earn from? Just wondering!
Thanks,
Emily
Hi Emily,
I don’t think I have earned one penny from referrals unfortunately. I just checked Shutterstock and I have referred 19 photographers so far, no one of them has sold a single images. So that’s pretty disheartening! My sales are all from my image portfolio. Hope that helps!
MJ
MJ-
thanks for the transparency. Lots of Internet gurus could learn a thing or two from you and pat. My question is about your adsense income. Do you have a site or is that from something like Squidoo?
I am one a similar journey as you and just had a $135 day yesterday, I think adsense is my next approach. Just wondering your thoughts.
Thanks!
Hi Brian – I have adsense on about 10 websites, but my primary adsense earnings are from my limo company’s website and the residuals and royalties blog. I think I have a few HubPages too, but they are not doing to much in earnings. Do you mind if I ask what type of earnings made up your $135 day? That is a great day!
MJ
What I like about your earnings (apart from the earnings itself, of course) is that it’s quite diverse.
Well done on the ebook sales. If that’s what you’ve made in one week, it’s likely it can only go up from there (fingers crossed for you).
Take care…
Yes – my ebook sales started out strong, but I have had a lull in sales since that first week. I hope things pick back up! “Get Paid to Fart” — haha, I like the name of your blog! Best of luck with all of your endeavors!
MJ