01 Feb Jan 2017 Blog Income: $18,450
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So this is my first blog income report ever! One of my 2017 Millennial Money blog goals is to make $100,000 directly from the blog this year. Even though I started blogging much more consistently in September of last year, I didn’t want to start my income reports until January so I could get a full year of data towards my goal.
January was an incredible month for the blog. Traffic continues to increase and so does income. My traffic grew 54% over December, with a vast majority of those gains come from SEO traffic (which almost doubled), as well as referral traffic.
For the first time since launching the blog I made over $10,000 in one month – with the total of earned (not collected) income for the month at $18,450.
This means I have full engagement commitments at this level, but most consulting and affiliate payouts will occur over the next 30-60 days. It’s incredible how many new opportunities this blog has opened up over the next 3 months. I am beyond humbled that the content is resonating with readers and more bloggers are reaching out for help.
If you haven’t started a blog yet and are on the fence, I definitely recommend everyone start a blog and start exploring building an online business. Here’s how you can easily start a blog in less than 10 minutes.
I’m glad that I didn’t sell MillennialMoney.com for $45,000 in October!
Here is a direct breakdown of my January 2017 blog income.
January 2017 Millennial Money Blog Income
SEO Consulting: $13,500
While I have been actively doing SEO work for over 10 years, in October I started directly working with bloggers specifically to help them grow their traffic. Then in November I launched the “Free SEO Help for Bloggers” thread on the Rockstar blogger forum – giving free advice to anyone who asked. After that I wrote the 67 Best SEO Tips for Bloggers, which is my most shared post ever.
In early December I launched my Work With Me page, with a specific SEO consulting call to action. This has been really popular and I signed 14 different bloggers in January, charging between $500 and $2,000 for a full site audit and strategy depending on the size of the website. These are services I have previously sold for $50,000+ to large companies.
The reason I am able to offer it at this price is because I have built a replicable model that is specifically built for bloggers and takes me significantly less time. I also have a few of my friends who can help as well. It really works and gives bloggers a significantly higher traffic ROI over time than investing in social or buying traffic. As I always say, SEO is the compound interest of digital marketing!
Entrepreneur Coaching: $1,000
I currently work with 2 entrepreneurs who are launching new companies – one in the insurance space and the other in hospitality. I currently have a $500/month deal where I am offering 1 call per month and to review their business plan/pitching documents. One of the entrepreneurs I am connecting with some venture investors who I know. While working with entrepreneurs isn’t the most profitable use of my time, I really enjoy connecting with new entrepreneurs and exploring new business models. I typically get 4-5 emails a week since writing the Are You an Entrepreneur post, but only pick entrepreneurs who have companies that personally interest me and I think that I can help.
Affiliate Revenue: $2,100
This was my best month of affiliate revenue by far, with income coming from Bluehost, Lend Edu, SEM Rush, ThemeForest, Personal Capital, Betterment, Simply Wall St, and Amazon. My biggest gainer was actually Amazon affiliate revenue from my 7 Best Millennial Money Books – which went somewhat viral. I made over $750 in one month directly from book orders from that post.
Sponsored Content/Posts: $1,600
Whoah, the emails really started pouring in in January for sponsored content/post opportunities. I declined 95% of them, but was able to strike a deal with an investing company for one post and then an app for another post. I am going to continue to explore this option as the platform grows and I am looking for more consistent post series sponsors.
Twitter Chat: $250
I still can’t believe that I got paid for a Mass Mutual Twitter chat that I joined in December. It was so much fun and I look forward to doing more in the future.
So that’s it. It was a crazy month. I am in the process of exploring new partnerships with a few larger investing companies. Not only am I having a ton of fun blogging, podcasting, I have started to turn this platform into a business.
Alright, now back to the money blogging. Peace out until February’s report. Thank you for checking out the site. I <3 all of you.
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