April 1, 2024

Raven Pontiac Media Logo with text that says, earnings report

We’re quickly approaching the 1 year anniversary of joining the Amz. Influencer/Associate Program.

We’re also at the 6 month mark of being an official small business.

A couple of months ago I asked what you all thought of incorporating a business finance report into content kind of like a transparency article. This will show the progress of my business but will also show you a time frame of progression from initial launch.

I also want to do this because it will serve to squash some misconceptions that are put out by some creators who love to make things sound so much more fantastic and simple than they really are. Like those wonderful videos you see a lot in the ads these days, click this link and follow me so you can start making $100,000 a month on whatever platform type crap.

Yea there are somethings you could do to make that kinda bank roll but it’s not going to happen overnight without a fair amount of work put in. Whereas these types of videos circulating make many of you feel like it’s literally a 5 minute task that turns into $100k overnight and that just not true.

How do I know this? Simple: I have been around long enough to see and know firsthand. I have multiple mentors/friends who can also verify this themselves. To give an example of a few people within the community, in no particular order, Pat Flynn, Nick & Dee Nimmin, Dan Currier, Roberto Blake, Dale L. Roberts, Dr. ELO, Nerd Affiliated, and countless others.

All of them will tell you it takes effort and time to achieve a large sum like that. You can’t just spend 5 seconds on camera and make $100k just appear out of thin air. If it were possible I don’t think any of us would be creating content regularly instead would be out having fun sitting in the sun somewhere enjoying life.

So the idea is to show you the progression so you can see firsthand what it's like to truly start a business from scratch from a legally blind owner's perspective.

January 2023 to May 11th I was not in the program but I was in preparation for joining. I had decided the year prior I wanted to wait to secure a larger subscriber count to ensure that I got approved for the program. So I built my oldest YouTube channel up. I then proceeded to record my initial product videos at the beginning of the year with a goal in mind to meet and exceed a friend/mentor video count and hopefully achieve the same kind of result or better.

I can tell you right now, I met and exceeded the video count BUT did not have the same success as the friend/mentor. In fact I would say it did horrible in terms of earnings comparison.

For example, the friend/mentor had 200 product videos and earned over $60K for the year prior(2022). I uploaded 500 videos my first week in the program and did not earn any where near that amount. In fact as of right now this second I have uploaded over 920 videos from 880 products and earned less than $4,000 in 6 months.

Let that sink in a minute, over 900 videos from nearly 900 products with earnings below  $4k in 6 months. Where the friend/mentor has 200 videos and did not upload any in 2023 and still earned well beyond $25k without putting in any additional work on the content for the entire year.

So here is your initial breakdown for 2023 earnings.

January: $0

February: $0

March: $0

April: $0

May: $0            Joined AIP program, NET60 Payout schedule.

June: $0           Joined YouTube Partner Program June26,2023.

July30,2023: $341.05 – May Earnings AIP-INF

August31,2023: $592.94 – June Earnings AIP-INF

September30,2023: $816.22 – July Earnings AIP-INF

October25,.2023: $143.67 YPP-RPM-Jun-Sep Earnings

October30,2023: $522.45 AIP-INF. Aug Earnings

October30,2023: $13.33 AIP-Assoc. Aug Earnings

Novermber29,2023: $725.26 AIP-INF. Sep Earnings

Novermber29,2023: $21.95 AIP-Assoc. Sep Earnings

December30,2023: $565.29 AIP-INF. Oct Earnings

December30,2023: $31.38 AIP-Assoc. Oct Earnings

TOTAL EARNINGS 2023 = $3,773.50

You’re probably thinking what about November and December earnings right?

Because of the NET60 payout schedule, those earnings don’t count towards the same tax year as they are paid out after the new year. So, for 2023, I only received payments for the May to October earnings shown above.

EXP. NAME
DATE
AMOUNT
NOTES
SEJDA1/6/2023$66.78SOFTW-DOC EDIT
DEE NIMMIN1/10/2023$4.99YOUTUBE MEMBERSHIP
ALLIED INDEPENDENCE1/11/2023$15.00ALLIED IND. CLARITY MEMBERSHIP
BESTBUY 1/12/2023$720.79BESTBUY-SONYA6100
GRAMMARLY1/13/2023$139.95SOFTW-WRITING AID
BOOSTMOBILE1/24/2023$21.00CELL-SERVICE  1/2 PERS.PH.
NICK NIMMIN1/30/2023$4.99YOUTUBE MEMBERSHIP
DEE NIMMIN2/10/2023$4.99YOUTUBE MEMBERSHIP
ALLIED INDEPENDENCE2/11/2023$15.00ALLIED IND. CLARITY MEMBERSHIP
AMAZON PURCH.2/13/2023$52.99DRILL BITS
INFLUENCER100X2/15/2023$299.00INFLUENCER100X COURSE
BOOSTMOBILE2/24/2023$21.00CELL-SERVICE  1/2 PERS.PH.
NICK NIMMIN2/28/2023$4.99YOUTUBE MEMBERSHIP
DEE NIMMIN3/10/2023$4.99YOUTUBE MEMBERSHIP
BOOSTMOBILE3/24/2023$21.00CELL-SERVICE  1/2 PERS.PH.
CANVA 3/25/2023$119.40CANVA PRO-SUB
NICK NIMMIN3/30/2023$4.99YOUTUBE MEMBERSHIP
DEE NIMMIN4/10/2023$4.99YOUTUBE MEMBERSHIP
MAGIX-PROD. PLANET4/16/2023$180.00SOUNDPOOLS-MUSIC LICENSING
BOOSTMOBILE4/24/2023$21.00CELL-SERVICE  1/2 PERS.PH.
NICK NIMMIN4/30/2023$4.99YOUTUBE MEMBERSHIP
AMAZON PURCH.5/1/2023$165.92AMAZON PURCHASE-LTHK-CDC-CSUPP-ETC
DEE NIMMIN5/10/2023$4.99YOUTUBE MEMBERSHIP
BOOSTMOBILE5/24/2023$21.00CELL-SERVICE  1/2 PERS.PH.
NICK NIMMIN5/30/2023$4.99YOUTUBE MEMBERSHIP
BLUEHOST-DOMAIN6/1/2023$34.99BLUEHOST-WEB DOMAINS
BOWKER-ISBN6/3/2023$345.00ISBN# & BARCODES BUNDLE
US COPYRIGHT OFFICE6/10/2023$85.00COPYRIGHT REGISTRATION
DEE NIMMIN6/10/2023$4.99YOUTUBE MEMBERSHIP
AMAZON PURCH.6/16/2023$37.50AMAZON PURCHASE
APPLE-IPHONE14PM6/16/2023$1,164.94APPLE IPHONE 14 PRO MAX
APPLE-CARE6/16/2023$269.00APPLE CARE PLAN
OTTERBOX6/16/2023$119.14OTTHERBOX-CASE-SCRNPRO IPHONE
AMAZON PURCH.6/16/2023$22.14AMAZON PURCHASE-LENS PROTECTOR
AMAZON PURCH.6/16/2023$37.50AMAZON PURCHASE-BLUETOOTH RECV
BOOSTMOBILE6/20/2023$50.32IPHONE BIZ# ACTIVATION
BOOSTMOBILE6/20/2023$99.00BOOSTMOBILE SETUP
NICK NIMMIN6/30/2023$4.99YOUTUBE MEMBERSHIP
DEE NIMMIN7/10/2023$4.99YOUTUBE MEMBERSHIP
AMAZON PURCH.7/12/2023$127.76AMAZON PURCHASE-SURG-PRO-REWARD$
AMAZON PURCH.7/12/2023$15.99AMAZON PURCHASE INS.SURGPRO-REWARD$
AMAZON PURCH.7/12/2023$171.31AMAZON PURCHASE-CDLPH-BAA-REWARD$
AMAZON PURCH.7/12/2023$18.30AMAZON PURCHASE-ESTOP-REWARD$
BOOSTMOBILE7/20/2023$25.16CELL-SERVICE  BIZ PH.
AMAZON PURCH.7/23/2023$177.43AMAZON PURCHASE-HOHEM
AMAZON PURCH.7/23/2023$25.99AMAZON PURCHASE INSUR.HOHEM
AMAZON PURCH.7/25/2023$8.47AMAZON PURCHASE-USBC-ADPT
NICK NIMMIN7/30/2023$4.99YOUTUBE MEMBERSHIP
DEE NIMMIN8/10/2023$4.99YOUTUBE MEMBERSHIP
STREAMYARD8/14/2023$200.00STREAMYARD SERVICE
AMAZON PURCH.8/31/2023$79.56AMAZON PURCHASE
NICK NIMMIN8/31/2023$4.99YOUTUBE MEMBERSHIP
AMAZON PURCH.9/1/2023$29.57AMAZON PURCHASE
AMAZON PURCH.9/1/2023$106.96AMAZON PURCHASE-LOGIE ITEMS
DEE NIMMIN9/10/2023$4.99YOUTUBE MEMBERSHIP
BOOSTMOBILE9/20/2023$25.16CELL-SERV BIZ PH.
BLUEHOST-JETPACK9/20/2023$19.98HOSTING ADD-ON
NICK NIMMIN9/30/2023$4.99YOUTUBE MEMBERSHIP
AMAZON PURCH.9/30/2023$139.00AMAZON PRIME MEMBERSHIP
UDEMY10/6/2023$47.97UDEMY COURSES
MICROSOFT36510/8/2023$74.19MICROSOFT365
DEE NIMMIN10/10/2023$4.99YOUTUBE MEMBERSHIP
UPS STORE10/14/2023$340.00UPS STORE - MAILBOX SERV.
L.A.R.A. MICH STATE10/16/2023$150.00LLC REGISTRATION
SITEGROUND10/17/2023$296.76WEBHOSTING
SITEGROUND10/17/2023$60.00SITE TRANSFER (2x)
SITEGROUND10/21/2023$53.97DOMAIN TRANSFER (3x)
AMAZON PURCH.10/18/2023$7.67AMAZON PURCHASE-PICFRM-REWARD$
BOOSTMOBILE10/20/2023$25.19CELL-SERV BIZ PH.
BESTBUY 10/27/2023$179.99BESTBUY TOTAL TECH MEMBERS
NICK NIMMIN10/30/2023$4.99YOUTUBE MEMBERSHIP
ALLIED INDEPENDENCE11/3/2023$127.00IOMOS23-CONFERENCE
SITEGROUND11/6/2023$89.64SITESCANNER ADD-ON
DEE NIMMIN11/10/2023$4.99YOUTUBE MEMBERSHIP
THRIVE THEMES SUITE11/15/2023$228.00THRIVE THEMES - SITE BUILDER
BOOSTMOBILE11/20/2023$25.19CELL-SERV BIZ PH.
UDEMY11/24/2023$15.99UDEMY COURSES
BESTBUY 11/29/2023$24.37BESTBUY PURCHASE
NICK NIMMIN11/30/2023$4.99YOUTUBE MEMBERSHIP
ETSY12/1/2023$10.40ETSY ITEM LISTING COST
DEE NIMMIN12/10/2023$4.99YOUTUBE MEMBERSHIP
VIDDYOZE12/10/2023$497.00VIDDYOZE SERVICE
AMAZON PURCH.12/10/2023$519.62AMAZON PURCHASE-SPORT-PC-SHPSC
AMAZON PURCH.12/10/2023$49.97AMAZON PURCHASE-SPORT-PC-INS
AMAZON PURCH.12/10/2023$29.21AMAZON PURCHASE-SIL-CUPS
AMAZON PURCH.12/10/2023$25.14AMAZON PURCHASE-
BOOSTMOBILE12/20/2023$25.19CELL-SERV BIZ PH.
SPI-ALL ACCESS12/29/2023$599.00ALL ACCESS PASS - PAT FLYNN MEM.
NICK NIMMIN12/31/2023$4.99YOUTUBE MEMBERSHIP
EXPENSE GRAND TOTAL$8,936.22
AMAZON EARNINGS$3,629.83Amz-Assoc-Infl Programs
YOUTUBE EARNINGS$143.67YouTube Partner Program
EARNINGS SUB-TOTAL$3,773.50INCOME-SUBTOTAL
FREE-PROD-VALUE$$577.54Promotional Items Received 2023
SUB-TOTAL$4,351.04
EXPENSES$8,936.22236.81% EXPENSE TOTAL
TOTAL AFTER EXPENSES($5,162.72)IN THE NEGATIVE
TAX-SAVINGS $1,233.1932.67% TAX SAVINGS
OWNERS COMP$2.220.0005% OWNERS COMPENSATION
PROFIT$7.020.18% PROFIT SAVINGS

NOTE:  Due to bank fees, an additional $39.50 was deposited to replace the fees, and an additional bit was included to ensure that tax responsibility was covered if payment is required.

Now, consider the expenses deducted from the earnings; there is not much left.

So, you really need to question what you hear on the various platforms about making money from passive income in a short period of time. Depending on what you choose to do and whether you have a smaller audience as a content creator, you could be waiting a long time to earn large sums of money.

As you can see, for starting in May of 2023 and being paid out for the year only earned a whopping $3,774.00 for 2023.

And as you can see the expenses and my own payouts as an owner I did not make anything really because I put it back into the business and tax savings to ensure that I am covered for any potential owed taxes since this is my first year filing just to be on the safe side.

But this is just the beginning.

In October 2023, I officially established the LLC.

We’re now in day one of Q2 of 2024, and Q1 did not go as well as hoped. Projections for Q1 2024 are low. I’m thankful that the November and December earnings were enough to cover the expenses for the beginning of the year.

January’s payout for Amazon was issued on March 29th, and unfortunately, I only received a payout for the Influencer because the Associate did not reach the minimum payout threshold. I was lucky to just meet it for the Influencer.

So for Jan-March 2024  earnings as follows,

NAME

AMOUNT

DATE

LOGIE - Commissions

$67.71

1/8/2024

Amazon Influencer

$556.03

1/29/2024

Amazon Associate

$14.92

1/29/2024

YouTube Partner

$149.21

1/22/2024

LOGIE - Commissions

$67.80

2/5/2024

Amazon Influencer

$575.95

2/27/2024

LOGIE - Commissions

$89.45

3/5/2024

Amazon Influencer

$11.05

3/29/2024

As you can see, the beginning of 2024 is off to a slow start. One benefit of a NET60 schedule is that you have a bit of a heads-up to know if you’re going to be in a financial situation you don’t want to be in, such as a low-earning month like shown above with earnings of $11.05 for January. Thankfully, that bit of a warning allows you to kick things in gear to hopefully make up for any potential shortfalls.

You are probably thinking so what’s up really with showing you this.

Well, as I said before, this gives you a little bit of an uncensored insight into starting a business from scratch as a legally blind business owner. This also serves as a public tracker to show you the progression of the business and what goes into being a business owner.

There are plenty of self-proclaimed GURUs all over social media using clickbait and false claims to promote a course of action or online course blowing smoke about making hundreds and thousands of dollars a day without really doing anything. And it’s simply not true, and in many cases, they are just trying to bait you so you will buy from them or buy something they just stole and re-brand as their ow product or service.

This is why I not only create my videos on the various topics and show sources but another reason I wanted to share this transparency article because this more credible information that benefits everyone. This shows I am legitimately trying to help you not lead you down a path of false hope like so many others do.

And this idea was not mine, this is something one of my own mentor’s has done.

Pat Flynn has also prepared earnings and expense reports to show the growth of his business, so I wanted to do the same.

Pat has helped me continue to learn more about topics I already knew and some things I didn’t. This has helped me prepare for the launch of my business and future, and it has enabled me to further share my knowledge and insights with you.

So, I hope you found this initial article helpful in some way. Since only earnings from part of the year.

Side Note:

The expenses shown are 95% recurring and were in place for 4 years before the LLC was established.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Get One Free Content Ideas Pack

Tired of trying to come up with ideas for your content? Download this FREE Conteent Ideas Pack with over 250 ideas for your next video, or blog article. This is just one of many. There are over a thousand ideas between the entire collection of Content Ideas Packs. 

About the author 

Raven Pontiac

>