Lesson of the month? Have multiple income streams. You never know how one month is going to fare compared to the next. Multiple clients, multiple businesses, multiple whatever. Find multiple ways to earn money.
Reese Witherspoon is an excellent example of this. She's an A-List celebrity who stars in countless movies & television shows. Did you know she created a production company? She also has a successful lifestyle brand, Draper James. She has multiple sides to her business, multiple income streams.
I'm happy that my Blogging + Social Media Coaching income is increasing because that means I'm growing another segment of my business. Blogging & coaching, although related, each comes with their separate incomes, successes, & challenges. Now to find more income streams...
Reese Witherspoon is an excellent example of this. She's an A-List celebrity who stars in countless movies & television shows. Did you know she created a production company? She also has a successful lifestyle brand, Draper James. She has multiple sides to her business, multiple income streams.
I'm happy that my Blogging + Social Media Coaching income is increasing because that means I'm growing another segment of my business. Blogging & coaching, although related, each comes with their separate incomes, successes, & challenges. Now to find more income streams...
Income
Blogging + Social Media Coaching - $956.96Linqia Sponsored Posts - $566.20
Social Fabric Sponsored Posts - $160
Linqia Referrals - $65
Total - $1,748.16
Expenses
PayPal Fees - $11.96Total - $11.96
Net
Net Total - $1,736.20
Note: I base my blogging income report on earnings that were deposited into my bank account during that month. I did a couple projects in August that have yet to be paid out, therefore I will take that into account for my September blogging income report.
Want to see more income reports?
February 2017 Income Report
March 2017 Income Report
April 2017 Income Report
May Income Report - $1,214.20
June Income Report - $1,788.24
July Income Report - $1,664.40
March 2017 Income Report
April 2017 Income Report
May Income Report - $1,214.20
June Income Report - $1,788.24
July Income Report - $1,664.40
Blogging + Social Media Coaching
Another great coaching month. You can read all about my first in-person coaching intensive, where I spent three hours working with a client. As a coach, I teach, listen, & empower people one-on-one to enhance their blogs, their social media presence, & their brands. I'm strategizing how I can make coaching a bigger part of my income. Learn more about my coaching & how it could help you!
Linqia Sponsored Posts
Linqia was a notable part of my income in August. I received payment for two campaigns: Just a Sprinkle of California Love ♥, a sponsored post I did with ForRent.com, as well as Persian Food, Mexican Beer, & How I Travel Without a Plane Ticket with Estrella Jalisco (a Mexican beer).
Social Fabric Sponsored Posts
I got paid for How to Create Your Own Wine Spritzer Bar, a sponsored post I did with Clos du Bois! I had so much fun with this campaign.
Linqia Referrals
Linqia has been a consistent part of my blogging income over the course of multiple months. I've included it on my blogging income reports, so some people sign up. I receive $5 for anyone who's accepted into the Linqia network.
Sooo, that was my August. It's been a marvelous, eye-opening, enriching, beautiful month. Zero of which would've been possible if I was still at a 9 to 5 job. Make sure to follow along on my Instagram Story for more behind-the-scenes photos & videos!
How do you earn income online? Was this blogging income report useful? Please let me know in the comments! :]
* Disclaimer: This post contains affiliate links. As always, all opinions are 100% mine aka Carmen's. Learn more about my disclosure. :]
Congratulations!
ReplyDeleteI always reading income reports motivates me. Good luck for your future :-)
Wow! Congratulations :) good luck with everything! x
ReplyDeletewww.diaryofanexpatgirl.com
I think it's great that you share this information! I have recently become self employed and am setting up my own business. My blog only started this year and am definitely interested in monetizing it if possible! It is really interested to see the actually breakdown of where your blogging income is made up.
ReplyDeleteHayley | hayleyxmartin
coaching sounds like a great business. Congrats on keeping a somewhat steady income month after month, and thanks for sharing them with all of us :D
ReplyDeletePam xo/ Pam Scalfi♥
This is really helpful and so fascinsting. You've done so well. You've definitely worked so hard and created something all yours from this! Lovely to read.
ReplyDeleteBest wishes,
Keep Calm and start writing ~
www.23 millymay22.blogspot.co.uk
You go girl! Looks like August was a great month for you.
ReplyDeleteThis is awesome and inspiring to new bloggers. I'm wanting to dive into coaching myself. I'm retired from the military and would like to use those skills to help others make their lives better. Great job!
ReplyDeleteCongrats girl! Love seeing the progress with income reports. And totally agree, multiple income streams are EVERYTHING. In blogging or in other business -- such a great example with Reese Witherspoon! xx
ReplyDeletehttp://hollyhabeck.com
Holy cow! That is absolutely amazing and so motivating for me!
ReplyDeleteWhat fabulous online income! I love that you're able to up the figure with online coaching. I can hardly wait to see what amazing income the 4th quarter will bring.
ReplyDeleteCongrats great job! All the best for another bumper month in September!
ReplyDeleteDiversifying your income streams is so important. I learnt this lesson the hard way a few years ago and when I dropped that basket of eggs...
ReplyDeleteThanks for your post Carmen. It is both refreshing and encouraging to see some real numbers in a segment flooded with "how I earned a 6 figure income while sipping cocktails at a beach-side bar'. I love that you share links to Linqia and Social Fabric - talk about an attitude of abundance!
ReplyDeleteThis is great news Carmen, and so so happy your biz is taking off! I loved my coaching session with you..just getting it all into action with a full time job is the challenge. Little by little!
ReplyDeletexo
Valerie
I think having multiple income streams is so smart. I like seeing how people make money from their blogs.
ReplyDeleteWoo-hoo!!! Carmen, you are killing the game on so many levels. Congratulations on diversifying your income stream. That's a very smart strategy.
ReplyDeleteLove these! The fact that you can diversify your blogging income in so many ways just shows that any type of blogger can make money.
ReplyDeleteThank you for sharing!
xoxo,
Ana - Blogger at www.TheSheApproach.com and big supporter of women who are building an empire online through blogging!
Congrats to you! This is so exciting and I am so inspired by your creativity and ambition!
ReplyDeleteThank you so much, Debbie!
ReplyDeleteSo true. Thank you so much, Ana!
ReplyDeleteHey Denay! Thank you! Hope you're doing well! :]
ReplyDeleteThanks Anne! :]
ReplyDeleteAw, thanks Valerie!!! Hope you're doing well. It's all about those baby steps! :]
ReplyDeleteThank you for this beautiful comment, Rebecca. It truly make me smile! :]
ReplyDeleteHi Sandra! Yes, it certainly took me awhile to learn it too! :]
ReplyDeleteThanks so much, Lisa!
ReplyDeleteThanks for your comment, Bre! :]
ReplyDeleteGotta love Reese! :]
ReplyDeleteThat's wonderful! Have you decided what you want to do? :]
ReplyDeleteThanks for your comment, Jenny! :]
ReplyDeleteThank you! :]
ReplyDeleteThanks for your comment, Pam! :]
ReplyDeleteThat's fantastic, Hayley!
ReplyDeleteThank you!!
ReplyDeleteThanks Mala!
ReplyDelete