How was February for you? The year is getting off to a great start for me. I have to admit that when it comes to passive income, January was a bit slow but things have started picking up in February.
I took two back to back trips in Feb, one to San Juan, Puerto Rico to host my first retreat and the second to Dallas, TX to attend an industry conference.
More about that later.
(This post contains partner links)
We were chatting in the Actionista Mastermind group (where I hang out with my entrepreneurial friends) and talking about affiliate income.
I shared a link to a training that I did about earning affiliate income.
And then I started thinking maybe I should actually share where my passive affiliate income comes from.
I asked a few friends and they said they find income reports motivating.
So each month I will share where I earn my passive income.
Welcome to February’s Passive Income Report, where I show you how I earned extra income online in the previous month.
This is not a reporting of every dollar I earn online.
I also earn from consulting private clients, coaching clients 1:1 and in group settings, live events, courses, speaking, webinars and workshops.
But this is simply going to be a passive income report. It will include affiliate income and income from display ads.
The idea is to track and measure this so I can find ways to increase this income. My goal is to generate $4,000 per month from affiliate income.
It’s definitely possible.
If you would have told me a few years ago that I would be working for myself, and earning thousands each month with my own business, I probably would have not believed you.
But that is what life is like right now.
And it all started with creating a blog and making my first dollar as an affiliate.
If you’d like to learn the strategies that I use to earn affiliate income, then you should grab this free video training.
And if you’re ready to start a money making blog, get this video training.
Here we go!
February 2017 Passive Income Report – $1,589.70
Motif Investing – $360
Wealthfront – $0
Betterment – $30
Acuity Scheduling – $5
SendOwl – $1.80
Genesis Theme – $0
Financially Preparing to Be Your Own Boss Course – $0
Smaller passive income products and affiliates – $268
Google Adsense – $45.25
YouTube Adsense – $23.77 (Watch my latest videos on YouTube)
Amazon Affiliates – $0.78
I’m also an affiliate for several more programs. I’ve decided to add those when I earn something from them. Then I’ll leave them there whether I earn something that month or not.
What Changed in February
What changed this month.
In February I hosted my first retreat!! The Actionista Royal Retreat was 10 months in the making. I honestly had no idea how I was going to launch and fill a high-end luxury retreat.
I just knew that I wanted to host one, and outside of the U.S.
I set the intention and I got to work. I chose Puerto Rico as the first location for ease of travel and because I’m familiar with the area where I booked the villa. I’ve been to San Juan 4 times now and I really enjoy myself each time I go.
While this is not necessarily a passive income offering, what was really neat was the fact that while I was on the retreat I got at least one payment notification each day from passive income products.
That felt really good.
Especially since I was teaching the attendees how to set up the exact same system that I have.
Then I traveled to Dallas, TX for Funnel Hackers Live. This is a conference put on by the team at ClickFunnels, which is the software that I use to market and sell my products online.
I learned a LOT and connected with several of my online friends.
It always feels great to see people in person when you chat online all the time.
News and Updates
The Actionista #RoyalRetreat was featured in Inc.com! You can see the write up here.
What I’m Currently Engrossed In
Every now and then I go on a low information diet. This is me taking a step back and avoiding any new information that could take me off course. But then, when I’m ready, I go into binge mode and start learning everything I can about a new topic.
It’s time to go back into learning mode. If you know me then you know that I’ve primarily grown my business using Facebook ads and live streaming.
Recently, I found a way to send an automatic message on Facebook that starts the conversation with my audience. I’m using a service called TrustMsg and it’s been really cool to see the results.
I was even able to book several phone calls with ideal clients in less than 30 minutes using Facebook messenger.
If you’re growing a coaching or consulting business then I would recommend that you at least look into it.
I’m still in the process of testing out what works the best but I will tell you this, once everyone figures this out, it’s going to end up just like email. You can check it out here.
2016 was an amazing year for my business. In October of 2015, I made the decision to go full speed, I hired a mentor and I worked my butt off. I implemented systems, created trainings, and grew my audience (love you guys!).
I know that step was the best thing I could have done for my business.
Now I’m looking towards 2017 and planning an even bigger year.
I have a challenge in the works, a new course, more YouTube videos, and several collaborations that I’m pretty excited about. The best way to keep up to date with everything that is happening is to become an Actionista. You can do that by clicking here and getting on my private list.
- Earn $120,000 from my business in 2017.
- Impact the lives of 100 entrepreneurs and help them earn more with a sustainable business.
- Increase affiliate income to $4,000 per month
- Grow my private Facebook community to 5,000 members
- Grow my email list to 15,000 subscribers
What are your goals for this coming year? Does it include earning more money on the side? Or maybe you want to take your business full time?
Let’s chat about it in the Actionista Mastermind.