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Monthly Income Report – July 2013
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Monthly Income Report – July 2013

Income ReportWelcome to my July monthly income report!

Each month I share a detailed report of how much money I’ve earned from my various online businesses – to the penny.  No matter if it’s been an awesome month or a terrible month, you’re going to find out right here in these reports.

I’m doing this not only to be as honest and transparent as possible, but also to hold myself accountable and motivate myself to keep improving my income.  These reports may not be always be jaw-dropping (at least at first), but hopefully you’ll get a good feel of what it’s really like to be an online entrepreneur.  No hype, no gimmicks – just the facts.

Hopefully as time goes on though, these income reports will gradually keep growing and you’ll be able to follow along on my journey to become the next online income tycoon!

Summary

Anyway, in June I published 4 new Kindle books (mostly at the end of the month though) and 1 new app (Cheats for Candy Crush Saga).  I feel I’m starting to get the hang of publishing reference apps, and I’m looking forward to publishing more and seeing how I do with them!  I also experimented with running free “promos” for around 5 days on my Concealed Carry and Taylor Swift apps to see how that would affect paid sales and rankings when I switched back.  Was an interesting experiment, but going to have to play around with it more before I report back any conclusive results!

Finally, in July I started experimenting with starting an email list from my Kindle books.  I’m definitely going to report back to you on this soon in a blog post as I’ve been seeing some pretty cool results from it so far!

Income Breakdown

iOS Apps

SharePrayer

Downloads (Paid): 2 (+1)

Income: $1.40 (+$0.70)

SharePrayer Free

Downloads (Free): 28 (+16)

Income: $0.00 ($0.00)

Ultimate Fan Apps – Taylor Swift Edition

Downloads (Paid): 120 (-91)

Downloads (Free): 882

Income: $84.00 (-$83.70)

Concealed Carry Laws – 50 State CCW Guide

Downloads (Paid): 118 (-50)

Downloads (Free): 1,516

Income: $82.60 (-$35.00)

Cheats for Candy Crush Saga

Downloads (Paid): 419 (N/A – 1st Month)

Income: $293.30 (N/A – 1st Month)

Android Apps

SharePrayer

Downloads (Paid): 0 (-2)

Income: $0.00 (-$1.40)

SharePrayer Free

Downloads (Free): 21 (-13)

Income: $0.00 ($0.00)

MadLibs Word Generator

Downloads (Paid): 5 (0)

Income: $1.75 ($0.00)

Gift List Organizer

Downloads (Free): 30 (+10)

Income: $0.00 ($0.00)

Total from Apps: $463.05 (+$193.90)

Amazon Associates: $14.73 (+$12.86)

Kindle eBooks (41): $2,675.50 (-$617.90)

Total Income: $3,153.28 (-411.14)

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Comments

  1. Dude I am so JEALOUS of you right now. You’re only 17 years old and you’re already light years ahead of the rest of your age group. I am impressed! I am 20 years old and now that I’m looking back on my high school days, I had wished I had spent more time online making money. Here you are, not yet legal, and you’re making 3.1k a month. I’m making hardly $100! Haha.

    Keep it up. I’ve favorited your blog. Good luck!

    • Hey Jay, thanks for the kind words! Glad you’re enjoying the blog! Keep learning and taking major action and you’ll be right up there with me 😉

  2. Dude I’m the same age as you and your seriously killin it. I’m not making as much as you but I hope to get there soon. Keep it up man!

    • Hey Mike – Always glad to hear from another young entrepreneur :) Best of luck with your business ventures – let me know if you ever have any questions I can help you with!

  3. Hey Thomas!

    Congrats on a nice moth of passive income! I’ve been have some nice success here lately with Kindle myself!

    Keep up the great work — I appreciate your awesome content!

    All the best,
    -Alex

  4. Hi Thomas
    I would like know when you start your kindle business?

    • Hey Alex – I published my first Kindle book in July 2012 but I really started taking it seriously and publishing more books around Dec 2012/Jan 2013.

  5. Chris Nie says:

    I had a question in regards to your apps. Does your developer upload your apps?
    If so how do make sure they cant view how much your making or any of your financial information? Is there a way to lock them out of doing such things. thanks!

    • Hey Chris – I always have the developers I work with upload my apps. The main thing is to make sure you’re using reputable, trustworthy developers so you shouldn’t have to worry too much anyway. I typically just change my password to something temporary, give them a timeframe to log in as me, and then change it back. However, as I’m making more money I definitely see the need for an option that protects me a bit more – so I’m definitely going to do some research into this and probably publish a post on it in the future. I’m pretty sure there is a way to assign roles for other people in your iTunes Connect account though which might be a solution. I’ll check it out in the near future and get back to you! In the mean time let me know if you find anything as well :)

  6. Thomas, you should definitively learn how to upload those apps by youself. Few months ago I didn’t had a clue of how to do this and now I upload, update and dig into the apps by myself without any 3th part. If you are stuck on something send me a reply and I might be able to help you.

    • Yeah I had my developer walk me through him uploading one of my apps so I have a vague idea of what goes on. But you’re right – it would be better to know how to do it myself in case. Will definitely let you know if I have any questions – thanks for the offer!

  7. Congrats Thomas! Great site you have here by the way … I need to explore it a bit more.

    VERY impressed by your success on Kindle! I’ve heard so much good buzz about the income potential there. DO you have a recommendations on where to start – i.e. sites, guides, etc.?

    Best,
    Scott

    • Hey Scott – Thanks for the kind words! It’s tough to give a recommendation where to start with Kindle, as unfortunately there aren’t really many good resources for people looking to get started – one of the reasons I decided to start posting about it here. I’ll have more posts about Kindle publishing soon, but in the mean time if you’re looking for more information I’d check out some of Eric’s old posts over at Shuckabuck.com. His site and eBook are where I first got started with Kindle myself. And while I’ve veered from his strategies to an extent, it’s still a good foundation for beginners and always good to learn. Hope that helps!

  8. Hi Thomas
    I would like know if your writers write the description and the title of your ebooks.How do you select a good description or title?

    • Hey Max – I write the titles and descriptions for all my books. While I’m not a copywriting expert by any means, I figure most writers aren’t great salespeople – so I do it myself. While what makes descriptions and titles good or bad could take multiple blog posts to completely explain (and they’ll be coming!), the main tip I have is to look at what competing books that are SELLING WELL have as their titles and descriptions. Learn and take inspiration from them – but make sure not to actually COPY them. Hope that helps!

  9. Hi Thomas
    Thanks for your tips. You give to your writer just the idea for the content? or you give a specific content?
    For example if i want a ebook about cars type…..
    You tell your writer to write about : Mercedes,Toyota……. or is he who is responsible for select the content?

    • As to whether I just give them a topic or give them an entire table of contents, it depends on what the topic is and how long I’ve been working with the writer. The first couple of times I work with a writer I almost always provide the table of contents. For my more experienced writers I usually just let them run with it, except for more complicated topics.

  10. HI again. I was wondering if there is any warrior forum specials that can create apps if they are only reference apps like you say, then software like that should be avaiable

    • There are online app builders out there, though I’ve only had experience with two – Seattle Clouds which I don’t recommend at all, and Apps Volcano which I used for my Taylor Swift app and thought was pretty good.

      However, usually I opt to have a developer create the framework, and then have him or another developer replicate the app for different topics. Since he doesn’t have to create a new app from scratch every time, it’s a lot less for each replication after the original.

  11. Hey Thomas. I just got u interview in The appreneur and u atitude is The best. Keep it up!

  12. Congrats on a awesome month!

    Keep up the great work!

  13. Do you outsource all of your ebooks? Sorry if I posted this twice.

    Thanks

    • Hey Danny – All my Kindle books so far have been outsourced, usually from sites like Elance, Textbroker, The Content Authority, etc.

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