September 2015 Profit Report: $828

Shane Labs October 26, 2015 4

I’m sitting in a coffee shop. And I’m working. Not in an office. Not with a boss next door. Doing jobs I choose to do. Yes. My freelance transition so far has been…freeing (is that where the word comes from?), and here’s the latest profit report with my new mindset 🙂

But before that…

Thank you.

I received an overwhelming amount of support after my announcement about quitting my job and going freelance (and thus working on my side projects more). Many email replies of encouragement and good wishes, and I thank you all for it. One of the biggest struggles for me will be maintaining focus and drive, and with feedback like that from you all it should be a cinch.

Summer months

Okay, as promised in my last post I’m back to doing profit reports. Since I’m a few months behind I’m not going to overload you with tons of numbers, but I will give you a summary of the summer months as well as the traditional report for last month.

  • June
    • 56k visitors
    • $662 revenue
  • July
    • 53k visitors
    • $421 revenue
  • August
    • 51k visitors
    • $644 revenue

I probably should have made a graph out of that data. Sorry. My coffee’s getting cold.

What’s cool is that I worked maybe 1-2 hours during these months. Have I truly reached some passive income? I know I can’t completely abandon checking in and expect this income to keep coming, but this is as close to the passive dream as I have imagined.

My total visitors does seem to be declining steadily, which goes to show I can’t leave town for a year and expect nothing to change. Now that I’m back at it hoping that trend will turn around.

September

This last month was surprising. Visitors continued to decline, but check out my profit:

2015-Sept-Profit-Blurred

$828 for a couple hours of work. Bonsai! That’s my second largest profit month (best month back in March)

Looking at the details you can see it stems from over $500 in referrals from HostBenchmarker. Is this site finally a success? I had thought about killing it so many times…of course.

Going forward

October marks the first month I’ve been freelance. Are my numbers going to skyrocket now that I’ve had more time? Well, the month’s not over yet, but I can already tell you that’s not the case.

I did spend the first couple weeks playing catch up. Responding to emails, fixing bugs, getting my ducks in a row. The last 2 weeks I have actively been working on my projects, and the response is not immediate.

At the beginning of the month I decided to focus on my wordpress plugin AmpedSense, as it seemed like it had the greatest ability to progress if I put in the work (lots of my other projects rely on SEO, which is slow to ramp up). I’ve added some newly desired features and am now looking for ways to increase my exposure. I’d love to go into more details now, but that’s enough for another post, coming soon.

However, looking back at this month’s report – should I instead be focusing on hosting-related stuff, such as HostBenchmarker? It had its greatest month yet, and I hardly had to do a thing to it. Again….how would I ramp that up quicker? (all its traffic relies on SEO, as paying for hosting traffic is ludicrous).

I’d love to focus on both projects, but that’s not really focusing, is it? Perhaps I need an outsider’s perspective. Do any of you have a hunch as to which has more immediate potential (I need to ramp up to $2k/month over the next 3 months). Or can I successfully ‘focus’ on 2 for a bit now that I have more time? Would love to hear your thoughts!

Did you miss any articles?

If you haven’t been to my blog in a while, here’s what I posted last month:

Any questions, suggestions, or feedback about this breakdown? Would love to hear from you with a comment below!

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4 Comments »

  1. Dave October 28, 2015 at 5:00 am - Reply

    Hi Shane, greetings from Poland

    I have question. Is it possible to do profitable side project without web developer skills? What do you think?

    • Shane Labs October 28, 2015 at 2:33 pm - Reply

      Hi Dave! It is absolutely possible to create successful side projects without being a web developer. The only challenge is that you’ll either have to pay someone with those skills to create your ideas, or partner with a developer that shares your passion. It makes it a little more difficult to bootstrap, unless you already have some money saved up. Keep in touch and let us know how it goes!

  2. Dave October 29, 2015 at 1:14 am - Reply

    I’m thinking about something like that https://crew.co/coffee-power/. Side project made by using avaible and simple tools.

    • Shane Labs October 29, 2015 at 2:47 pm - Reply

      Yup, that’s totally achievable with available and simple tools. Go for it and good luck!

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