1st Quarter 2015 Earnings Report
This is my first income earnings report that I’m publishing in hopes of inspiring others and pushing myself to earn more. I joined Udemy in July of 2014 and published my first course “WordPress Profits: Marketing With WordPress Plugin Tools” in the middle part of that month as I had already created the course on my own website. I went with Udemy because it was a platform that already had a lot of traffic and it was easy to take what I had created and upload it to their site. That first month I made a whopping $14.80 which I received on the 8th of September in my PayPal account. I forgot what I spent it on. Last month was the best month I’ve had so far on Udemy and was my best month out of the 3 months that just ended on March 31st, 2015. Here’s a breakdown of all my current business activities and what I earn for the quarter.
Udemy Courses J/F/M $1310
Udemy Affiliate Marketing $969
Skillfeed $90
Kindle Books $2
CreateSpace $6
Website Development $395
Website Hosting (GreenHostUSA.com) $605
Fiverr Gigs $220
The Course Factory $25
Consulting $830
OnlineCourseCoupons.com $375
Total Earnings for 1st Quarter 2015: $4,823
Average per month: $1608
Right now I currently have 5 courses on Udemy and plan to add one more this month which should help keep Udemy earnings growing. My most recent course “Udemy Course Marketing Starter: Where To Start Marketing!” which is free has almost 1,300 students and only been out for a few weeks. My book has been out several years and even though I have updated it the sales have declined and I mostly use it as a marketing tool to build my mailing list. You can get the full PDF copy here if you would like as most of the information is still fairly current. I plan to write more books this year and even tie a few of them to my Udemy courses.
The consulting business is something I want to focus on more including starting a Udemy Mastermind Group hopefully by next month. The other income source revolve around my affiliate marketing in which I promote the courses of other Udemy instructors on the website OnlineCourseCoupons.com. The gig on Fiverr is a mix of my courses and a gig to promote courses on the homepage of OnlineCourseCoupons.com. My goal is to bring that revenue up above $2,000 a month so I still have some work ahead of me. Hope you found some inspiration from this and I will update the numbers again in 3 months.