July 2012 Income Report

August 8, 2012 by  
Filed under Learn about Making Money

Net Income: About $2150 – 700 = $1450

Revenue
AlphaCasual Productions: $2000
Honeyplex: $150!

Expenses for ACP: 200

Expenses for Honeyplex: 500 (AdWords, outsourcing design and back-end product stuff)

Lessons:

1. Haste makes waste.
2. Take the time to learn the skills you need.
3. Don’t work TOO hard. When you hit something hard over and over again, take a break and come back to it. Your subconscious mind will work on solving the problem. Remember when you are young and you were playing a video game and you didn’t know how to solve a particular problem? You would sleep on it and eventually your mind figures out a way to solve it and you can’t wait to play the game and and try the new theory? This is what happens when you are devoted to what you do.
4. Change your story – don’t make your job an obstacle – use it as a tool to build discipline.
5. When lost, focus on the end user and all else will follow (Larry Page)

June 2012 Income Report

July 6, 2012 by  
Filed under Learn about Making Money

Net Income: About $1000
AlphaCasual Productions: $2000

Honeyplex: $-1000

Lessons Learned

  • Ok guys, I has come to my attention that these income reports can be a good thing and bad. Getting this level of information out was my original intention. You see, I wanted to chart out a course for myself AND for others to follow in my foot steps. In chronicling each month you will see the ups and downs I experience as a entrepreneur.
  • At the same time, I do put myself in an interesting position in that other competitors can learn from our sales numbers and figure out how to better compete with us. Haters may report discrepancies in my reports to the IRS and make trouble, etc.
  • These things do not matter to me that much, because first of all, competition is normal and we do not see them catching up to us any time soon. If they did, then they deserved it. Second, my income reports generally are lower in profit because we stack on legitimate business expenses against revenue so that we maximize the legal benefits we receive in tax protection as a business entity.
  • If you want me to continue posting my income reports in detail, please leave a comment. Otherwise, I will generalize my monthly income progressions in ball park figures like this post.
  • Thanks! -Vince

May 2012 Income Report

June 17, 2012 by  
Filed under Learn about Making Money

Net Income Before Tax = $1078.07
AlphaCasual Productions
$3805.89 Rev
  • 5/30/12 – $250 – Direct Ad
  • 5/22/12 – $138.50 – Affiliate sales
  • 5/20/12 – $460.26 – Affiliate sales
  • 5/9/12 – $1000 – Affiliate sales
  • 5/9/12 – $630.54 – clickbank
  • 5/5/12 – $1273.15 – Affiliate sales
  • 5/4/12 – $53.44 – Affiliate sales
$179 Expenses Read more

April 2012 Income Report

May 16, 2012 by  
Filed under Learn about Making Money

April Total Profit= $1328

AlphaCasual Productions
50% Ownership Revenue= $ 3476.57 / 2 = $1738
Expenses = $175
Net profit = $1563

Honeyplex Revenue = $238.06
Expenses= $472.66
Net profit = -$234.60

Lessons:
1. Costs are now controlled for Honeyplex business expansions
2. For a while I was mad at others around me, and then I realized I was really mad at myself – for becoming one of the employees and not guarding my mind against influences that may be negative to accomplishing my goal
3. The idiocy and craziness of the people around me should not be affecting me that much, unless I myself was involved with their problems in some way. As long as I am making the moves I need to make in my time, the rest of really up to me. Emile was able to help me see this.

March 2012 Income Report

April 4, 2012 by  
Filed under Learn about Making Money

March Total Profit= $225

AlphaCasual Productions
50% Ownership Revenue= $2000
Expenses = $200
Net profit = $1800

Honeyplex Revenue = $225
Expenses= $1800
Net profit = -$1575

Lessons:
1. As you guys can probably tell if you are an avid reader of mine I am rounding off a bit to avoid all the math and excel stuff which we DO keep on the other side of each business. For the purposes of this income report (general lessons and tracking my progress) I’ll round off to the closest digit.

 

2. Honeyplex is bleeding expenses for 2 reasons. One, we hosted a party for Resonance Social that cost $700+. Two, linkbuilding costs from last month carried over with $500+. These are the last link building expenses from a previous costly mistake. The error will be corrected this month as link building goes back down to about $30 per month. Resonance Social investment keeps us in the clear socially on the next frontier. I will be working on this fulltime post some other projects, as we make inroads into the social scene, which is what Honeyplex was designed to do from the very beginning.

 

3. Aside from that, ACP is making bank as PUA Lingo continues to deliver stellar results. Even at 50% equity, it is garnering enough revenue to pay for rent + food. We should follow its business model for another lucrative market.

 

4. Finding others like you takes time, however when you do, cherish them. When the money starts pouring in, that’s when it becomes difficult to see people’s true motives. Right now, while we are still struggling, is the time to seek out true intentions and true friends.

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