Online Passive Income and Blog Update [November '11]
November was a very productive month for me, which is a nice change of pace from the many past months where all I have to say is “I didn’t do much this month…” As with most passive income ventures, the efforts of this month probably won’t hit my bottom line for at least another month or two, but it’s a great feeling to put in the work and feel confident that you’ll reap the benefits at some point in the future.
Anyway, keep reading for November’s income report…
For those who are new to this blog, I like to post a monthly income report for two main reasons:
1) To be transparent, and show you what I’m actually earning as a result of the various projects I discuss on this blog.
2) To show you that it’s possible to work a full-time job, 40+ hours per week, and still have time to make money online.
I’m not getting rich (yet), but I’m always learning new things, which to me is where the real value is. One of the biggest things I’ve learned as someone who works a regular “9 to 5″ job is that patience is key, and you really have to be willing to work hard and stick around for the results that may (or may not) follow.
Productivity Tips Learned from November
I’m not quite sure “productivity tips” is something I’ll write about every month, but I do find myself always finding new ways to get things done. For me, a good “getting things done” tip always has an expiration date. Maybe it’s because I haven’t found the right strategy or because I simply get bored with a regular routine, but I’m always trying to find new ways to focus and stay on task.
The key for me this month was this: simple to-do lists, hand written on paper. This seems so elementary and simple, however it has done wonders for me this month in terms of sticking to what I want to get done. Having this hand written list on my desk at all times keeps me on task. If I find myself thinking “what can I do now?” I simply refer to the list and get to work. The worst thing you can do from a productivity standpoint is not have a plan – this just leads to lots of time wasted as you scramble to decide on what to do next.
I’ll add another tip to this one: keep the to-do list very realistic. With to-do lists, I used to find myself getting carried away, listing 10 things to do in one day when realistically I could only do one or two. The end result would be that I’d be discouraged by not being able to make a dent in my to-do list, ultimately decreasing productivity. I try to be realistic now and keep the lists very short and simple.
November’s Income Report
Now, onto everything that makes me money…
As I mention every month, Lending Club is a peer-to-peer lending site that I feel is my only true source of passive income (i.e. once I’m invested, I make money by doing virtually nothing). As of the end of November, I was invested in 109 loans (+4 from October) and my net annualized return was 5.64% (+0.15% from October).
Here’s an image from my Lending Club account summary that shows my performance compared to other Lending Club investors:
If you’re interested in trying Lending Club, you can sign up with this link and get a free account. If you’re unsure whether this type of investing is right for you, you can deposit a small amount (loans can go as small as $25) and become familiar with it.
To this day, I still only invest $25 in each loan – this allows me to diversify my risk as much as possible. I honestly think every portfolio has space for these types of investments, so in my opinion, there’s no reason not to give it a try.
Info Barrel Earnings Challenge
It feels weird still calling this a “challenge” considering I have shifted my focus elsewhere for the time being, but I still firmly believe that article writing is one of the best sources of passive income, especially for someone who is just starting out.
As of the end of November, I have written 132 articles (+1 from last month). Here are my earnings from Info Barrel for this past month:
November InfoBarrel Earnings Summary
- Google Adsense: $50.09
- Amazon Associates: $2.49
- Chitika: $5.52
- Other Affiliate Earnings: $0.00
- Total: $58.01 (-$1.05 from October)
If you want to add InfoBarrel to your passive income portfolio, you can sign up for it here.
AdSense & Amazon Niche Site Earnings
In October, I started a case study where I’m going to document, step by step, how to create an AdSense-monetized, micro-niche website. Here are the parts I’ve written already:
- Part 1: Introduction
- Part 2: Research & Initial Setup
- Part 3: Setup, Configuration, & Design
- Part 4: Content & Ad Placement
Because the process of creating micro-niche AdSense and Amazon sites are similar (and some sites are monetized with both), I’m going to track them together. For my sites that are solely focused on Amazon products, I will still be following the strategies taught in Chris Guthrie’s Niche Profit Course. You can also read about my plan for Amazon niche sites.
Despite my fear that some of my sites were going to have significantly reduced rankings going forward due to some algorithm changes Google made, November’s earnings were pretty consistent with October. I will point out that these micro-niche sites are a current focus of mine, as you’ll notice I’ve been creating them at a fairly quick rate.
Here are the stats for November:
# of Amazon & AdSense niche sites: 41 (+20 from October)
Note: Sites with no income in the current or previous months are hidden (just for ease of presentation).
* Site #21 is the site created for my public AdSense micro-nice site case study.
Total November AdSense & Amazon Niche Site Earnings: $124.76 (-$4.23 from October)
As I detailed here, I’ve started an authority website that I have big plans for. Earnings and traffic in November were fairly consistent with October. As I’ve mentioned before, this project is something I’m working on very slowly, and it’s not my primary focus. With that said, I’m still adding to it little by little – things are headed in the right direction.
I did not complete my goal for last month which was to finish the eBook that I was going to use as a giveaway for the site’s e-mail list opt-in. I wrote most of it, but it still needs a little bit of work.
Although I’ve said in the past that I eventually plan on revealing this site’s URL, I’m having second thoughts about it. I’ve read stories lately about how other bloggers have seen their sites negatively impacted once they’ve made them public – everything from copycats to just plain thieves who rip off the content word for word. If I find that I can offer real value by disclosing the site, I’ll do it at some point, but until then, I plan on keeping it private.
Here’s what the site earned in November:
- Google Adsense: $4.00
- Other: $3.66
- Total: $7.66 (-$1.16 from October)
Misc. Affiliate Income
Here’s the breakdown for November:
- Adsense: $5.35
- Amazon: $0.00
- ClickBank: $172.85
- Commission Junction: $100.00
- PayDotCom: $40.00
- Private Advertising: $35.00
- Market Samurai: $48.50
- P90X Blog: $3.02
- Other Misc.: $48.50
Total Misc. Affiliate Earnings for November: $453.22 (+$47.40 from October)
Here’s a summary of November’s earnings, organized by project/challenge:
- InfoBarrel Earnings Challenge: $58.01
- Amazon & AdSense Niche Sites: $124.76
- Authority Website: $7.66
- Misc. Affiliate Income: $453.22
Grand Total for November: $643.74 (+$41.05 from October)
While it’s always nice to see an increasing month, I’m still well below the level I was at a few months ago, so I won’t feel satisfied until I exceed that level (i.e. $1,000+).
These were my top 5 most popular blog posts in November based on number of views:
Until next month, best of luck to you and your passive income projects!
If you enjoyed this income report, subscribe to the RSS feed (if you haven’t already) so that you don’t miss any future updates. Thanks so much!