I’m writing this post today to go over a quick recap of September 2016 income report. How it went so far? What achievements did we fulfill during the last month?
We’re also covering more thoughts and ideas about this blog and our online side hustling business on our very first Income Report – September 2016.
Unless you’re making use of every single day passing, I’m sorry to say that you unfortunately lose time and letting the years go over and over without realizing the matter of time! It’s seriously disappointing when you wake up one morning and regret not doing something years ago. Believe me, It’s not a good feeling at all.
Thus, Invest your time and make sure that you’re doing what you’re seriously interested in. Do not at all postpone plans or ideas until it’s too late.
Before heading off with September’s stats, income, goals, and plans, let me go over a few questions you probably want to ask and know further about.
What is Income Report?
In simple words, the income report is a detailed report covering all the streams of income and expenses. We’ll be delivering a Monthly Income Report for all the profits and expenses generated from our blogging career.
We’re having multiple income streams from different online business models, but here we will be only covering income and outcome of GrowCheap blog.
Why we’re writing Income Reports?
Some of you may see it weird enough. Why are those people sharing such private reports on their income generated from this blog? I agree with you that it’s a little of weird, but yet very informational and may help you as well as tons of others.
The idea behind publishing our income reports is to share detailed insights about how to make money blogging. We’ll be going over every single cent generated from this blog and show you how we managed to earn it.
Because we do seriously care, we do not only want to deliver insights about blogging, but also to show you where the money is. We’re simply going over how possible it is for you to do the same or even better to make a passive income stream right from your online blog.
Is it completely Passive Income?
Although we call it passive income, it still requires hard work and patience to generate a sustainable income out of your online blog.
Here, I would like to go over the difference between Freelance Income and Passive Income. Let’s see what the difference is:
Freelance Income: If you’re working as a freelancer, then you’re trading hours for money. For example, if you’re doing a website design for a client, you’re here exerting efforts and giving time to this website project and in return, the client will pay the agreed amount of money.
Passive Income: You still need to exert efforts, but here you’re putting in efforts prior to making real money out of it initially. For example, in blogging you’re starting a blog, writing blog posts, and do marketing. Later on, you will reap the benefits and start making real money out of it.
Don’t worry if you didn’t get it clear yet. Keep reading and I’m sure you will catch the idea in a way or another. I strongly recommend that you follow up with our monthly income reports.
September 2016 Income Report:
HostRainbow (Web Hosting): $4.95
Facebook Ads: $13.23
Net Profit: $150.35
September 2016 Traffic Breakdown:
Pageviews: 1,818 | Sessions: 598 | Pages/Session: 3.04
September was full of production. It’s considered to be our second real month into blogging. Although we might not be very happy with the traffic received, we’re so happy that we didn’t let more time passes without blogging.
We started Growcheap blog since 2014 as an inspiration spike. Later on, we lost interest and abandoned the blog for a long time. Back in July 2016, you can say we officially started blogging.
As the second month, Picture is yet clear or mind mapped well, but at least we have the bigger image bright and we’re doing so much in the right direction.
At the end of August 2016, I set up certain goals to achieve. Here is a recap to see what has been fulfilled and what has not and needs to be rescheduled for October.
- Write 6 Blog Posts per month. (Done)
- Blog Redesign. (Done)
Increase Email Subscribers from 75 to 100.(Done 104)
- Increase Facebook Followers from 1228 to 1500. (Done 1501)
- Increase Twiter Followers from 85 to 125. (Done 144).
- Schedule daily posts on Buffer (scheduled but not regularly).
- Write a monthly guest post (did last month, but missed it this month).
- Write a monthly post to reach out to my favorite influencers. (Done).
- Design a landing page for my ebook.
- Design a paid product.
Second Month Blogging:
As you can see although I managed to complete some of the planned tasks, most of them have been left uncompleted. I believe that the reasons behind it are as follows:
- It’s still our second month blogging with no much experience on doing lots of tasks while maintaining our home personal life. Maybe next month, the progress will be better as more experience we gain by time.
- I decided to go for a blog redesign for GrowCheap. This mission alone soaked the time up clearing the code, adjusting the look, resetting images sizes, etc. We did the redesign since we wanted it to look as simple as possible. We recognized the fact that a redesign now with a total of 39 published articles is away better than doing it later one with hundreds of posts. Earlier is always better.
- Since the first moment we moved to Hurghada, We wanted to start a blog for it. We recently launched it as a new micro-niche blog AllHurghada. It mainly focuses on our beloved city Hurghada and how can visitors get the most out of it during their visit. AllHurghada is a curated resource guide aiming at showing you around the city through the eyes of two locals.
As you can see the main source of income this month was from Freelancing. We have been reached out by a client asking for a website design. We’re having a such a long experience designing websites for brands and companies worldwide since 2007.
We went over for a skype call with the client to show him about our past work experiences and examples of sites we designed. The client was impressed with the results. He then decided to hire us to design his brand-new website.
At that moment, we realized that we can include our freelancing business and website design services into our blog to reach out for more clients.
I see it a very good idea to design a Hire Us page to demonstrate our past work experiences and to mention more information about how we can help our clients and what services we may offer.
My Reaching Out Strategy:
In order for a blog to succeed, I believe that it’s not only about the domain name, how fast your site is, or how much content you do have on your blog.
Although the above-mentioned factors matter, It’s a necessity to plan a reaching out strategy. By reaching out, I mean to reach out with other bloggers and influencers in your blogging niche and ask them to check and maybe share your content with their followers.
It’s not that easy, however; it’s still applicable with hard work and time. You need to put real efforts into your blog post that simply says: “Hey, I’m a hard worker and I deserve better results“.
Thus, I spent some time to define a reaching-out strategy to achieve each month. My current plan to reach-out is as follows:
- Guest Posting: It’s one of the most important reaching-out strategies for online bloggers.This way you’re getting exposed to a new base of audience.
My latest guest post was “Write A High-Quality Blog Post With These 6 Tips” at ShoutMeLoud. This post helped driving some traffic to our blog, as well as some more subscribers and social media followers.
- Quoting Bloggers into your blog: Another smart technique I’ve been following recently is quoting and mentioning about other bloggers in my blog. For example, If you’re following few bloggers and you’re seriously inspired by them, why not to write about them into your blog? This simply considered as saying Hi! to those famous bloggers and influencers. This way you’ll get noticed!
Over the last couple of months, I wrote certain blog posts quoting and mentioning about out couple of my favorite bloggers:
[Case Study]: How do smart bloggers make money online?
6 Motivational Quotes to Start a Side Hustle Today!
Going Local, Egypt:
One of the most important tweaks we decided to apply recently was to go a little bit local with our blog posts. We’re from Egypt, and we’re proud.
Instead of covering general topics that have been discussed several times before in multiple blogs online, We thought about why not talking about the blogging career in Egypt, about the side hustling opportunities for Egyptian freelancers and so on.
I believe that our real difference core is to talk local from the Egyptian soil. There are so many questions need answers when it comes to blogging and entrepreneurship in Egypt. We decided to take the initiative and help Egyptian entrepreneurs find answers to their questions regarding the online side hustling and how to get started.
On September, I wrote three important articles that seriously matter the Egyptian Online Hustlers. These articles have received great feedbacks from readers and social followers. The articles are as follows:
Social Media Engagement:
Although social media websites are getting too crowded recently, they’re considered to be the number one source of traffic for most of the bloggers and website owners today.
I just realized this fact, I should do extra efforts on such social media sites to acquire more followers and subscribers. I was always wondering do I need to login to my social media profile like Facebook and publish posts manually each time? Can’t I automate it in a certain way that I can schedule hundreds of posts for the month ahead?
I found out about Buffer. It helped me to schedule auto publishing posts to social media sites such as Facebook, Twitter, Google Plus, Pinterest. It worked like a charm for me.
All I need to do is to spend like 10 minutes or something planning the posts and setting the publishing time for each, and then Buffer will perfectly do the rest of the job.
The free version of Buffer comes with a limit of 10 scheduled posts on each social media profile. So, if I’m targeting to publish 5 tweets a day, then It will help me to schedule for two days only.
This means that I will have to manually log-in after two days and reschedule for additional two days and so on. If you’re okay with wasting time scheduling on limits like this, then the free plan of Buffer should work perfectly for you.
As for me, I believe I can spend this time doing other valuable tasks. Thus, I’m thinking of upgrading to the premium version. It costs $10/mo and rises up the limit to 100 scheduled posts per social media profile. This way, I can get better engagement results on my social media profiles by posting regularly on daily basis.
Goals for October 2016:
As mentioned in my very first paragraph here, I’m not very much satisfied with the traffic and social media stats so far this month. I understand it’s still the second month of real blogging for us; however; this doesn’t mean to invest for better results next month.
Better results require hard work and planning ahead. Let’s go for a detailed list of goals I’m looking forward to achieving withing October 2016:
- Write 6 Blog Posts.
- Write one guest post.
- Write a reaching-in post quoting favorite bloggers and influencers.
- Design a landing page for my e-book.
- Design a paid product.
- Picking up one or two clients (Freelancing).
- Design a Hire Us page for our freelancing business.
- Improve “Start a Blog in 3 Minutes ” guide with more pictures.
- Increase Email Subscribers from 104 to 150.
- Increase Facebook Followers from 1501 to 1750.
- Increase Twitter Followers from 144 to 200.
- Increase Pinterest Followers to 25.
- Purchase Buffer Premium Membership, & Schedule posts ahead.
We’re so excited to delve deeper into the blogging world on the upcoming months. We’re so convinced that blogging has a lot more to give us in return.
If you’re looking forward to starting your own online blog and generate a steadily growing passive income, then do not miss checking out our detailed step by step guide on how to start a blog in less than three minutes.
Do not postpone starting up your own online career until it’s too late! Remember, the best time to grow a seed was 20 years ago, the second best time to grow a seed is today.
I’m looking forward to hearing back from you regarding our very first income report. We would love to know how you think about it.