Welcome to August's online income report where I show you how much money I made. Last month, I wrote my first income report (read if you're new here) to clear some of the smoke and mirrors that the coaching industry can communicate like "A $20,000 launch!" Like.. what? Most people sign-up for payment plans, so coaches are most likely not making that each month. *I share money earned, not money planned. Entrepreneurship takes consistency, time, energy, and patience.
I'm in it for the long run!
I left my job as a student affairs professional in 2015 for a higher ed tech startup job. I left that job in January 2018 and haven't looked back!
How was my business income in August?
I earned $4281.58 in August, before expenses.
I made just over $500 more than July. If I had a month like this every month, my salary would be $51,378.96.
August was a great month connecting and serving clients (major life breakthroughs and career transitions). I also traveled to Denver, Colorado for 5-6 days where we stayed with friends and explored Boulder. It was fun to take my business on the road!!
This month last year I was still making $50/month... ish. I share this because I want you to know that it can take anywhere from 6 months to 1 year to 3 years to replace your 9-5 income. I'm shooting for 10k months by this time next year because "they say" it takes about $100,000 to replace the value of your 9-5. Honestly though, I already FEEL so abundant and wealthy because I have way more time to do what I love, focus on my health, and be surrounded by high vibrational clients and people. I love what I do so much.
Here is a breakdown of what my income looked like:
*Selling old student affairs books: $20
A really great way to feel more abundance in the form of money is to sell your shit. Use smartphone apps like Let Go, Offer Up, and Facebook Marketplace. I also sell and trade my clothes once a month to change up my wardrobe. If I'm traveling somewhere, I generally buy what I need before the trip, borrow friends clothes, or head to a consignment store #minimalism. The process of creating new clothing uses a lot of water, and I choose to support local businesses in my community.
Last month I had 628 unique visitors stop by my website and I'm JUMPING UP AND DOWN because that's doubled in one month. Yahoo!
Traffic was divided evenly from Facebook and Instagram which makes sense because those are the primary platforms that I use right now, along with LinkedIn, Twitter, and my monthly newsletter.
Plans for My Business
How was August for you?
Feel free to send me questions or comments on Facebook, Instagram or my email: email@example.com. Thanks for reading!