in this video we're gonna go behind the
scenes of a $16,000 per month online
business and we're going pretty deep
behind the scenes as well so this is
over one hour professor Ron's two fans
Ron's been working online for himself
for a couple years now but he got
started around the same time as I did
back in 2013 2014 timeframe and he blogs
over at the one hour professor and we're
actually gonna go take a look at his
site over the 1-hour professor because
since the very very beginning Ron has
been documenting his monthly progress
since the very beginning in fact his
first year in business I think he lost
like 1500 bucks or something like that
but he documented that as well and
through the whole journey ron has been
writing up like a monthly income report
pretty transparent he mentions you know
all the revenue coming in the expenses
going out and he takes a critical look
at like what's working and what isn't
working
so that is what we're gonna have a look
at today all right we're over at Ron
site the one our professor and thinks
about to run for you know letting me
feature him here so everyone check it
out I just want to make it clear I'm not
an affiliate or anything like that for
Ron just wanted to point out something
cool that he's doing so this is his home
page of course and we're just gonna
scroll down you see he's a bit of a
featured on a few places you could sign
up for as email list and that sort of
thing but the big thing obviously that I
want to show you here are all these
income reports so you can see the recent
blog post and you kind of notice that
they are all a monthly income reports
and it I know that Ron actually has
generally stopped blogging and he spends
most of his time just working on his
craft you know he's working on his
actual affiliate sites
or I guess I guess these are niche sites
on one level or authority sites just in
general run really specializes more on
the Adsense and ad revenue side versus
Amazon affiliate sites or affiliate
marketing in general which is kind of
cool just you know for him and I to talk
we come at things from like a different
angle a lot of times so we're gonna jump
into some of the income reports but I
need you to leave a comment on this
video please I'm going to be
interviewing Ron very soon and I would
love to have questions that you have for
him
all right so leave a comment on this
video check out some of his income
reports to give you ideas about what to
ask him so you can really come in hard
with great questions alright let's check
out some of these reports you can
navigate over to the income reports
section this is why his site is so
badass and I'm impressed with Ron as far
as like sticking to writing these
monthly income reports which he has not
missed one from the very beginning so
you literally can go in here and just
like spend a lot of time reading and
understanding the journey that's why
this is so powerful he currently is
making you know over the last several
months here you know the net income is
16,000 over the last three months and
you can see it's just been slowly
growing over time there's some ups and
downs and you know ebbs and flows and
all that kind of business but you can
see the consistency and as I scroll down
again I'm not gonna read out all the
numbers but you can see in 2019 through
the first three months January through
March the income so far is almost 50,000
bucks in just three months and obviously
you can see the revenue and expenses and
there's some higher and lower periods
and stuff like that and we'll dive into
a couple areas and I encourage you just
to have a look at the trajectory here
and whew
I'm gonna step through a little bit just
to kind of guide you but let's go all
the way back down to 2014 so you see
that this column here is the annual
revenue
all right the actual annual profit so
you lost about fifteen hundred bucks the
first year that he was running when our
professor and doing this business model
and as you look to the next year 2015
he only pulled in fifty eight hundred
dollars for the whole year
all right so nothing crazy he was
working a full-time job still and that
sort of thing so when you look to the
next year almost thirty four thousand
bucks in 2016 so things are things are
picking up and if you look at the income
at the very beginning January of 2016 is
under seven hundred dollars however by
the end of the year its jumped up quite
a bit to almost three thousand dollars
per month
sometimes much higher right so here
we're looking at forty five hundred and
you could dive in and see what the
outliers are so you can go to that
month's income report and see what was
going on like why did he make an extra
about fifteen hundred to two thousand
dollars more in the in April and May
versus the other months I don't know I
don't know off the top of my head and
then as we go to 2017 we see he pulled
in seventy thousand all right so 2016
34,000 2017 is seventy thousand now
we're we're getting into you know
full-time income close to full-time
income here and when you go to 2018 a
hundred and sixty so you can see I mean
it's not overnight by any means and the
other thing that run did is like Time
Reports now not consistently but for a
little while here for a couple years he
was tracking time how many hours he
worked and how many hours he had
outsourced so like contractors and stuff
like that so
I'm not gonna go through everything you
know there's too much here but like I
said I encourage you to have a look and
what you will find is like the long
journey and how like in the beginning
Ron was losing money for several months
in a row while he was building things up
and then in fact when you look at you
know something like May of 2015
he's been in the game for something like
you know nine months or ten months there
and you can see he lost a pretty decent
chunk of money
they're like reinvesting but it pays off
later right and we see we see consistent
growth and every now and then you got
you got some you got some loss another
500 bucks right there
so what I'm gonna do I'm gonna pop over
to his most recent income report where
he pulled in sixteen thousand seven
hundred and twenty eight dollars and you
can see sort of the format that he runs
this you know income report and so he
has personal little personal update and
he has a nice graph see that you can see
the growth over time and this I mean I
think one of the reasons Ron does this
is to keep him honest to review like
what he has been working on where the
expenses are going and in the general
sense
Ron is able to look at what he's worked
on what's working well and what isn't
working well he can also see from the
graph that things are growing and that's
that's good and he can see you know
where the issues are where expenses are
coming into play and that sort of thing
so he also outlines all of the details
right so where the revenues coming in
things he has to pay for that sort of
thing and you can you could sort of get
an idea of what's going on as far as
like some of these affiliate affiliate
revenue and that sort of thing so like
thrive themes for example right so he he
doesn't do a ton of blogging but at
point he did spend more time on one hour
professor writing more affiliate type
content which obviously pays off well I
mean if you just look at the revenue
here it is you know nothing to sneeze
abs what is I'm maybe close to four
hundred and some odd dollars almost five
hundred for ones that anyway no need for
me to do math live here but as we go
through you can see there's more revenue
from his affiliate sites and you know
whatever else he has going on he has
YouTube revenue and you can see that
there's revenue across the board all
over the place right and this is you
know multiple income streams which is
interesting he's sort of spreading the
risk by doing that and I'm just gonna
show you some of the other key
components you could also see revenue by
channel and over time so again Rogers
has a really consistent way of I guess
documenting and showing his the the
growth and just in general like where
the money is and where it's going so he
has all this awesome data like at his
fingertips and he's sharing it you know
with with the world here on his blog so
again a couple cool areas so income
outliers and then expense outliers now
there's some things that are interesting
that happened you know over over time
and the thing is issues happen right so
even though he's a few years in he is
making great money issues still happen
and I know that if you read this
particular one I encourage you to check
out this March 2019 you will see long
story short will just read this little
section long story short traffic was
continuing to drop for three months in a
row and it was only five to ten percent
in aggregate it can be pretty difficult
to deal with and so on so there are
always things going on a lot of people
talk about you know passive income but I
mean you can leave things alone for a
while but at some point the competition
is going to catch up with you
and you have to stay at least doing some
maintenance on your sites and that sort
of thing and I think you know that's one
of the things Ron and I talked about and
some of our meetings where we just talk
shop shoot the and that sort of
thing I'm gonna jump back so again I
can't read everything it's just
fantastic you can see how long these
updates are and very thorough key
takeaways I mean you can learn a lot
just from perusing these and I encourage
you to do it I'm gonna jump back to 2014
December 2014 and if you remember this
is like when Ron finished up his first
his first year of documenting and he
lost some money and you can see that he
where we get to here so he's documenting
some of his time and either what he has
worked on or what his viejas have worked
on and I just want to highlight one
little thing here so how did the income
report turn out this month and he is
mentioning that he spent $600 on a
website that's already finished but what
what it comes down to is he was happy
about making some money so the first
part of the income for this month is
from Adsense now you wouldn't even
consider it anything but he made 37
cents and he is happy about making 37
cents and that is the kind of joy that
you have to look at when you're first
starting like the first buck that you
make the first little bit that you bring
in is so important you have to keep
moving forward in just know that it's a
long journey so I'll leave it at that
like I said I think I was just I just
wanted to show like how how long it can
take to really get your feet on the
ground and really have like replacement
income and believe in yourself believe
that you can do it
you know that's that's a big thing and
you can see
from someone who has started at nothing
started from you know losing money to
making a great income with a slow growth
over time where it was you know 6,000
bucks then thirty four thousand and then
seventy and then a hundred and sixty and
then continuing to grow you know each
month is flirting with a new high
revenue amount it's really amazing so go
check out one hour professor thanks
again to Ron yeah and don't forget to
leave a comment I'll give you a shout
out whenever I do interview Ron coming
up here in the next week or so and we'll
ask your question give you a shout out
be sure to hit the thumbs up if you're
not subscribed to the channel check out
some of the other videos and if you like
what you see please do subscribe have a
great day and we'll catch you next time
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