Some people might think that posting my income every month is bragging or somehow beyond what I should disclose. I used to be in that camp until I started reading Pat Flynn’s blog. His blog inspired me to think about what I could do beyond just time-based income.
For me, I wish I had someone that was open, honest, and non-territorial in how they approached the field of counseling and private practice. I have had many great mentors, but my hope is that you will find this blog to be a resource that launches you from good to great! It’s amazing to look back at what has happened in a short period of time:
June 2013 Monthly Income Report total: $4,471.29
May 2013 Monthly Income Report total: $6,022.91
April 2013 Monthly Income Report total: $2,116.96
March 2013 Monthly Income Report total: $2,476.92
February 2013 Monthly Income Report total: $2,685.12
January 2013 Monthly Income Report total: $2,707.09
December 2012 Monthly Income Report total: $2,287.97
November 2012 Monthly Income Report total: $1,219.18
October 2012 Monthly Income Report total: $3,213.87
September 2012 Monthly Income Report total: $1,361.60
I have continued to have more folks sign up for my members e-newsletter. But, I have found it is mostly people that I get to know on a more personal basis. It’s people that I chat with on Facebook and take the time to get to know. It’s been a great reminder to not get distance from my audience. I even recently had someone tell me, “I’m slightly obsessed with your blog.”
What an honor, to be part of someone’s obsession! 🙂
Why I do this
I always have this portion so that for the new folks they can know what’s up. As you probably know, I work a full time job and do a bunch of other things to build passive income, active income, and generally try and help people improve their lives. I’ve been doing these income reports since September 2012. If you are new to the website, I do this for a number of reasons:
1. So you know exactly where I make money. That way, you don’t have to wonder if I’m full of crap, if you can trust me, or if you can learn something. My hope is that you trust me and that through that you’re more likely to get involved, possibly follow an affiliate link, or purchase something.
2. So as to inspire you. So often, we think that our incomes have an upper limit that is determined by someone else. When we have control of that upper limit, there is something really refreshing about that.
3. To hold myself accountable. I’m not always the best with book-keeping and monitoring where and how I make money. This forces me to keep better track of my goals and outcomes. I’m actually getting a lot better.
Thank you for signing up for hosting through Blue Host, clicking on my occasional Google advertisement, and other affiliate links.
Here are links to my past earning reports:
The podcast continues to grow and outrank the American Counseling Association! I’ve got some great ones coming up soon.
I had some significant consulting gigs continue. At some point I hope to give you more details, but the client has not given me permission.
Continued my LLPC Supervision group in Traverse City, MI.
Also, my clicks on Google Ads went way up, THANK YOU!
Launched LinkedIn group: Everything You Should Have Learned in Grad School: Marketing | Branding | Growing a Private Practice
July 2013 Earning Report
What I’m going to be reporting and what I’m not going to be reporting
Full-time Job: Since some of you are new and some of you have been around Practice of the Practice for a while, I’m going to give a quick summary of where I make income. My full-time job is at a community college as a counselor. I love the job and it gives me great opportunities. Also, since my wife stays home with our daughter it is an income we can count on, health insurance, a pension, and a really great environment! I’m not going to disclose my full-time wages there, since it is not something that is part of my private practice.
Private Practice: I do 3-8 sessions a week in my private practice. I don’t take insurance, so it is private-pay. As a result, I don’t have many expenses in time or actual money. Included in my consulting (not my private practice money) is time I spend doing supervision for LLPCs (Limited Licensed Professional Counselors), a 100 hour requirement in Michigan.
Passive Income: The term “passive” makes it sound like I don’t have to do work. What I mean is money that I make that is not in direct exchange for my time. I will outline what these are under each item.
How I made money in July 2013
Disclosure: many of the links below are affiliate links that will earn me a commission if you purchase through them. If you do, I really appreciate it and if you have any questions about any of the products or services please contact me! Also, if you don’t have a good experience with them, I want to know that too.
Counseling, consulting, and useful products
Private Practice (19 sessions) $2,526
Other counselors, I have a counselor that works for my practice and I get a portion of what is brought in: $759
Paperwork Packet: $0
Consulting and LLPC Supervision: $1,985
Practice of the Practice | A Start-up Guide to Launching a Counseling Private Practice
The Ten-minute Toddler Turnaround | Improving Sleep: Changing your toddler’s sleep health in ten-minutes.
Mental Wellness Parenting | A remarkably simple approach to making parenting easier
Launch Your Practice Newsletter: This newsletter helps folks with struggling or new private practices to learn how to go from no practice to a thriving one in one year. 200% money-back guarantee! $114.10
BlueHost Referrals $195
Amazon Affiliate Referrals $8.74
NameCheap Referrals: $8
Google Ads $26.32 (HOLY COW! Last month I set a new record at $7.76. Thank you for clicking and viewing the pages, you are amazing!)
July 2013 total: $5,691.65
Will you like this on Facebook, Google+ or Pin it?
Some of the numbers from Google Ads, Amazon, NameCheap, and my e-books will not be paid until they reach a certain amount or 60-90 days after the sale. I report what has been sold in the month it was sold. Also, I do not take expenses off of this report.
Joseph R. Sanok, MA, LLP, LPC, NCC is amazed how much fun it is to help other people in business and counseling! He is heading to a music festival in North Carolina and wants to do some fun interviews for the podcast. He also does counseling in Traverse City, MI at Mental Wellness Counseling. Also, he is the author of Mental Wellness Parenting | A remarkably simple approach to making parenting easier. To link to Joe’s Google+ .
Thank you avrene for the gears photo.