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Monthly Income Report - November 2013
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Monthly Income Report – November 2013

Income Report

Welcome to my November 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

As you’ll see in November, my Kindle earnings took a bit of a hit.  Besides the $10/day in income I lost from having 3 of my Kindle books removed in October, there was no major disaster that caused this.  So all in all I’d just say it was a “down month” for earnings across the board.  However, this drop in Kindle income did motivate me to get my ass in gear and publish 12 more books this month, mostly over the last few days.  I can already tell that December is going to be a MUCH better month for Kindle earnings!

I only published 1 iPhone app in November right at the beginning of the month.  As you can see though, the results of the apps I published last month made a significant increase in my app income in November which I’m excited about.  I also have quite a few more apps in the works that I’m hoping to get at least a couple submitted and published before the app store temporarily closes for the holidays.

Finally, with December here I’m thinking about my plans for my business moving forward.  I’ll be sharing them with you in more detail in future posts, but one of them is to put a LOT more effort into publishing regularly here on the blog, something I’ve been neglecting to do over the past couple of months due to a lot of my time being spent working on college applications.

Income Breakdown

You may notice that starting this month, I’ve decided to “compress” my app earnings data as I felt that with publishing numerous apps per month, these reports were getting too long.  So to make reading these reports a more enjoyable experience for you, I decided to compress them down to just iOS and Android data.

iOS Apps (11)

App Downloads (Paid): 1,103 (+664)

App Downloads (Free): 5,221 (+4,468)

Income: $772.10 (+$465.80)

Android Apps (4)

App Downloads (Paid): 7 (+4)

App Downloads (Free): 79 (-16)

Income: $3.50 (+$2.45)

Amazon Associates: $17.02 (+$16.05)

Kindle eBooks (62): $2,235.00 (-$962.90)

Online Income Tycoon

Private Advertising: $288.00 (+$288.00)

Udemy Affiliate Program: $4.50 (+$4.50)

Total Income: $3,320.12 (-$186.54)

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Comments

  1. Hey Thomas – Congrats on another great month! It sucks that the Kindle sales are down, but it looks like you really took off on the iOS apps to fill that void. I ran across your blog b/c I was searching for monthly income reports for kindle sales. Your numbers are really inspiring! I’d like to get started on Kindle pretty soon. Do you have any suggestions (websites, ebooks, products) on exactly how to pick effective titles and niches? I browsed through the top 100 paid and most of the books were like – famous published books that had been converted to kindle, rather than just self published books. That doesn’t tell me anything if I want to write a book on real estate for example. Thanks, and I look forward to watching you numbers grow!

    • Thanks Eric! Unfortunately, there aren’t too many good resources out there for Kindle publishing, which is one of the main reasons for me starting this blog. I will be posting a lot more about my Kindle strategies in the coming months so keep an eye out. Until then, I first learned and got started with Kindle publishing from reading some of Eric’s posts over at Shuckabuck.com and his eBook. Though my strategy for finding profitable topics is different from his, it’s a good foundation and starting point for people I think.

      One thing I’ll point out right away is that you don’t want to be looking in the top 100 OVERALL in the Kindle store. You want to be looking into the top 100 books in more niche specific categories. The top 100 overall is INSANELY difficult to reach as you need thousands of sales per day, hence why it’s dominated by mainstream books. Each individual category is much more attainable and can provide you with a more realistic passive source of income if you pick the right one and have a quality book.

      Hope that helps a bit for the time being. I’ll try to get some more posts up about Kindle soon!

  2. Great job, Thomas. Your posts are so inspiring! It’s amazing you’re teaching us so much and then getting your college applications ready, too.

    I’ve got about 17 books published thus far on Kindle and have made $567.84 in September and $616.33 in October, so I’m hoping to publish a lot more in between all my other freelance writing gigs.

    Why did Amazon remove three of your Kindle books?

    Was it because of back feedback, formatting, too short or just the topic?

    Thanks for sharing…

    @Eric, if you click my name in my comment, you’ll be led to my book on Amazon, which teaches people how to publish Kindle books, pick a great title, etc.

    • Thanks Paula! Congratulations on your success with Kindle! Sounds like you’re on the right track – keep me updated on how you’re progressing! I’ll go into deeper detail in a future post about the books that were removed, but in short it was over the use of trademarked terms.

  3. Hello Tom, earning $3,315.62 a month is extra big for me, throughout my life time, i have not earned more than $1,000k a month, but this report looks nice, your earning is really motivating.

  4. Holy moly! You are killing it on kindle. So inspiring. How do you pick your topics? I read that you adapted eric lass’ approach t your own. What are your sales rank criteria for a topic? I hope you are going to write more blog posts about kindle in the very near future. I’m very interested in your process. Congrats and I hope you have massive success!

    • Thanks Joshua! Yes, I started out using Eric’s approach exactly, and found that it worked, but there were tweaks I made along the way to make it better in my opinion. To make it very simplistic, I’m looking at specific keywords and making sure I can find keywords that are highly searched for and have little competition. I’ll go into it in more detail in future posts, but a lot of it has to do with going through the top 16 books for a keyword and seeing what their sales ranks are. Ideally, the more who are low (selling a lot) the better. Hopefully that helps!

  5. That helps a bunch! What do you use to determine amazon keyword search volume? Also, do you post about this anywhere else? Maybe in a private forum some place? Thanks!!!

    • There’s no definite way to determine search volume, but you can make a ballpark guess based on sales rank of books ranking for each search term. Nope, don’t post on any private forums or anything. Everything I know/learn about online business I’ll post about here on the blog for everyone to benefit from :)

  6. Hi Thomas!

    Another spectacular month Congratulations! Can you tell me what option in app volcano is for add varios rss at the same time (I observe that your content is from various rss ) Do you merge all urls in one with any service?

    • Thanks Max! The only app I used AppsVolcano to make is the Taylor Swift one. I think with the various RSS feeds you’re talking about the news apps (like “News for PowerPuff Girls”, etc.) that I have. Those were developed with an outside developer, not with AV. However, if you have specific questions about AppsVolcano and their services, you should definitely shoot Magik an email over at info@appsvolcano.com and he’ll take care of you. Hope that helps a bit!

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