January 2017 Income At-A-Glance
Gross Income: $14,740.36
Total Expenses : $4,429.23
Total Net Profit: $10,041.13
Total Net Profit for DECEMBER 2017: $874.22
MONTHLY NET GROWTH: $9,166.91 (1,049%)
See below for complete details, breakdown and lessons learned.
NOTE We will not be sharing our real estate deals related revenue. This report is designed to demonstrate “recession proof” monthly cash flow.
Why are we publishing our income report?
What is going on #EmpirePROs. OLA Here. So we came through in our 3rd month of publishing our income. I am EXCITED.
As a reminder, we like doing this so that you can observe what is working for us at the moment and what is not. I want to give you an opportunity to see in full transparency what it takes to build and grow a $100,000 per month business cash flow from scratch.
I figure, as inspired by 2 other guys, that it will be one of the best value I can bring to you by showing you everything. Not just the success but the obstacles and hoops that we have to jump through to get here.
Also, if you ever get invited to partner with us, you will know the level of infrastructure and learning curve you get to leverage and jump massively ahead of your competitors. Nobody is sharing this level of information in this niche.
NOTE: This is not my personal statement. This is strictly for the business and the platform. In America, the business entity is different from the owner of the business. There are certain expenses unrelated to business that we can’t show here.
Typically at out healthiest, our overhead cost is $10,000 per month which includes a $3,000 n marketing cost ($100 per day). It covers everything we need to get to $1 million revenue in 1 year. We are going to do it with the help of our partners and YOU.
Welcome to the 3rd edition of myEmpirePRO’s monthly income report.
Product/Service Income: $8,216.71
Empire Traffic Academy: The most personal 7 Figures Attraction Marketing, Business & Empire Training Portal in the world.
- Total: $8,216.71
15 Points Checklist to 6 and 7 Figures Business: A free special downloadable PDF report that breaks down a 6 and 7 figures scalable business into 15 simple execution checklist.
7 Secrets to 7 Figure: A free webinar that reverse engineer all the top producers and earners’ exact branding and marketing activities into 7 top 1% secrets in 1 HOUR.
$1,000 Per Day Formula: A free webinar following my exact process I used to create $315K+ sales in just 6 months from a brand new offer.
* We use WebinarJam for our webinar presentations.
Empire Intensive LIVE IN NYC: A premium training and mastermind event where you actually learn without the typical rah-rah of live events LIVE in the center of gravity of the world economy – New York City.
Affiliate Income: $6,653.65
Digital Altitude (Aspire System): $6,280.76 (A platform that teaches digital entrepreneurs how to start and grow a profitable business mountain climbing as a metaphor in 18 steps with the help of a human coach.)
My Lead System PRO: $0.00 (The world’s #1 solution for network marketers, affiliate marketers, & internet marketers since 2008.)
Pure Leverage: $183.46 (All the tools you need to leverage your freedom in one spot)
Getresponse: $59.43 (All-in-one Online Marketing Platform to Grow Your Business)
Bluehost: $130.00 (All-in-one Online Marketing Platform to Grow Your Business)
Total Gross Income: $14,740.36
Business Expenses: $2,439.09
- Advertising: $1,224.13
- Affiliate Commissions (mTAcademy): $400
- Amazon Web Services: $44.16
- Event: $45.68
- Meal & Entertainment: $137.21
- Merchant/Bank Fees: 517.91
- Noble Samurai (For content marketing): $3
- Office Expenses: $125.30
- Rev.com: $0
Recurring, Subscription-based Expenses: $1,990.14
- Authorize.NET: $56.15
- ClickMagic: $17.00
- Continuing Education – Audible.com: $16.00
- Continuing Education – Clickbank.com: $41.73
- Digital Altitude Affiliate Services: $17.68
- *Domain Names (Namecheap): 28.04
- *Getresponse: $19.50
- Google Services: $11.98
- *Internet: $254.51
- Libsyn: $30.00
- MyPrivateProxy: $11.75 (Used for automating Twitter and Instagram account in FollowLiker)
- *OneSuite.com: $50.00
- Pure Leverage: $173.92
- ScheduleOnce: $19.00
- Social Jukebox: $19.99
- Taxes & Licenses: $232.01
- Travel: $389.77
- Verizon: $239.62
- Website Hosting Fees: $225 (We recommend Bluehost)
- Zoom.us: $14.99
- SoundCloud for Podcasting: $121.50 (Paid only once a year)
- SetCronJob: $0 (Paid only once a year)
- *WebinarJam: $0 (Paid only once a year)
Total Expenses: $4,429.23
Total Net Profit: $10,041.13
Biggest Lesson Learned
December was slow for obvious reasons. People hibernated as usual. In fact, my plan for next December is to be well positioned that it will not show in the numbers. We are on it.
In January, I realized that asking for a monthly commitment from cold traffic was not working out as well as I wanted. I decided to change the front end offer to a true “gateway offer” with a one time commitment–A downloadable book that covers everything we help execute in a network marketer’s business.
So I decided to revise the book I published back in 2010, Network Marketing 2.0. It’s a book that teaches network marketers how to adjust to the digital revolution and 10X their recruiting by enrolling 1-2 daily into their business all online without even having to pick up the phone.
The book is available on our product page for $141. But I’ve decided to offer it to our new audience (cold traffic) at a courtesy price of $6.13 (you can grab that here) with $1 from each sale going to www.KoAfrica.com
www.KoAfrica.com is a charity program my wife and I set up in order to educate underprivileged kids in Africa. We want to impact as much as possible as we build our business and help you build yours.
So, I spent the last 3 days in January to revise the book and put the sales funnel together in a way that will pay our affiliate partners up to $1,000 in commission. It’s brilliant.
You can expect the affiliate commission part of the breakdown growing exponentially with time here. Affiliate can sign up to promote our products here.
So, before February 1st, our front end gateway offer was a 7 days trial into our membership mastermind program. I’ve decided to help people first and they can always have the option to get more help if they want.
Our newest gateway offer is the 4th edition of Network Marketing 2.0 Book with a courtesy price of $6.13.
The ecosystem online is changing. Skepticism is higher. Not only do you have to stand out. You have to be evolving fast. However, somethings have not changed. Reading books has managed to retain its value in the market place.
I’ve decided to lead with value and work further strictly with only those who want to be helped. It helps me focus my energy laser focused on the most productive area of my personal career as well.
I am not a super human. I have to build a profitable business in order to be able to keep helping people in the world.
So how did I get here?
- Lots of mistakes.
- Millions of dollars invested LITERALLY.
- Some family members hurt over the stress of building something like this.
- … and more.
Was it worth it?
It’s always worth as long as I am following my dreams. Everything else will fall in place. I learn that a long time ago that it’s the closest thing to perfect.
However, it’s a different ball game experiencing it.
I am learning.
There is no way to learn this in school. The break down of the numbers are cute. A CPA accountant can understand it. But that CPA accountants that I know are some of the wealth-dumbest people I know.
They cannot not understand the true value in money, it’s relationship to story telling, creating a success story etc. If you can’t fit it into a spreadsheet, they don’t understand it. Be careful who call your mentor.
Think about it. If it was that easy to build a business and build wealth, everyone would go get a degree in accounting. Oopz… something is missing in that formula right? It’s non-existence; that’s what!
The 7 Lessons this month…
- Give people what they want and they will want more at any price you choose
- Never quit on pursuing your dreams–Don’t Quit.
- Adjust accordingly – “How can I” vs “I can’t”
- Understand that storm will come.
- Survive the storm, that’s the job.
- Know your numbers.
- Leverage is KEY. Leverage people that are ahead of you.
That’s it for the January 2017 and 3rd Edition of myEmpirePRO’s income report.
OLA Tux Abitogun