Hello, and welcome to my March income report.
You won’t find any major surprises here – March was kind of a “standard” month, if there is such a thing.
I am preparing to spend some money (and in fact have at this point) on new tools to grow my business, but you won’t see that reflected in this particular post.
After cutting back on some unnecessary expenses, I’ve kept my overhead on the low side, but I’m beginning to take some risks again. Plus, I’m launching my new podcast soon, so there are a lot of shifts about to take place.
In any case, let’s get into this month’s report.
If you’d like to gain a better understanding of what these numbers actually mean, make sure to peruse my first income report. The gist of it is that I only post my music-related income in Canadian dollars (meaning I have other streams of income).
Freelance Blogging – $1,060.28
Music Instruction – $677.50
Live Performance – $167.00
Total – $1,924.78
Hootsuite – $14.53
Dropbox – $10.99
Adobe Creative Cloud Photography Plan – $14.48
SweetProcess – $39.91
Google AdWords – $59.59
ScheduleOnce – $6.69 (for scheduling podcast interviews)
Total – $146.19
$1924.78 (gross income) – $146.19 (expenses) = $1,778.59 (net income)
This is my 10th income report.
I’ve had a lot of fun sharing these monthly reports with you, and overall the feedback (at least what I’ve heard) has been good.
But I just wanted to check in to make sure that you’re still getting value from these.
As I move away from some of my current endeavors (in my work life, not TME related work) and move into other projects that I’m excited about, it’s not hard to see that there is going to be some significant change forthcoming (for some of the reasons already mentioned).
And I don’t know about you, but I can pretty well extrapolate from previous reports that growth is going to continue to happen in freelance blogging while I wind down some of my other commitments.
I anticipate significant growth in other areas, but my bread and butter is pretty well established at this point.
In the end, I’d like to know whether or not income reports are too self-indulgent to be valuable for you, because that’s not why I started these in the first place.
If you say “absolutely, DA, I would love to see how things continue to change for you”, then great, I’m more than happy to continue to put these together.
But if your response is anything but “hell yeah, I want to see more”, I think my time could probably be better spent on other content.
What originally began as an effort to be more transparent could just as easily come off as having ulterior motives, and that’s really not what I’m about.
So let me know you thoughts one way or the other. Thanks!
By the way, if you’d like to view last month’s income report, click here.
P.S. Upon further reflection, a thorough “business report” might be more interesting for those that have been checking out these reports. I think that’s the direction I will be heading in, unless you let me know otherwise.
Author: David Andrew Wiebe
David Andrew Wiebe has built an extensive career in songwriting, live performance, recording, session playing, production work, investing, and music instruction. In addition to helping musicians unlock their full potential, he also continues to maintain a touring schedule with multiple bands.