One of the most exciting parts of this journey is tracking how much income I can generate from my dad’s courses and the content I’m creating.
Whether it’s affiliate commissions, membership sign-ups, or product sales, I want to document every dollar I make along the way. Here’s how I plan to track my progress and the tools I’ll use to stay organized.
Why Tracking Income Matters
Accountability
Tracking my income keeps me accountable to my goal of turning this inheritance into $1 million. It’s a way to measure my progress and stay focused.
Motivation
Even small wins can be incredibly motivating. Seeing those numbers grow—even by a few dollars—reminds me that every effort counts.
Transparency for Readers
Sharing income reports not only shows what’s possible but also provides insights for others who might want to embark on a similar journey.
How I’m Tracking My Income
Tools I’ll Use
- Airtable: To track revenue streams like memberships, product sales, and affiliate income all in one place.
- Google Sheets: For quick calculations and creating monthly income reports.
- Payment Processors: Tools like ConvertKit (for membership income) and Gumroad (for digital product sales) will make it easier to track transactions.
What I’m Tracking
- Revenue Sources:
- Membership subscriptions.
- Digital product sales.
- Affiliate commissions.
- Sponsored posts or collaborations.
- Expenses:
- Tools, hosting, and content creation costs.
- Net Profit:
- Revenue minus expenses to see my actual progress toward my financial goals.
How I’ll Share My Progress
Monthly Income Reports
At the end of each month, I’ll share detailed income reports breaking down how much I earned and where it came from. These reports will be transparent and show the real numbers behind the journey.
Blog Updates
I’ll include income updates in my journey posts so readers can see which strategies are working and how specific actions are paying off.
Challenges I Anticipate
Irregular Income
In the early stages, income might be slow or unpredictable, which could feel discouraging. I’ll need to remind myself that this is a long-term goal.
Tracking Small Commissions
Affiliate commissions from multiple platforms can be tricky to manage. By centralizing everything in Airtable, I hope to minimize confusion and stay organized.
Conclusion
Tracking income isn’t just about numbers—it’s about understanding what works, celebrating progress, and staying focused on the big picture. Whether it’s $1 or $1,000, every bit of income will bring me closer to my goal.
I’m excited to hit my first milestone and share it with you. Stay tuned for the first income report!
Up Next
Next, I’ll break down my $100K+ goal and share why it’s such an important milestone for me. I’ll dive into the income streams I plan to explore, what this journey means, and the challenges I expect along the way. Stay tuned for a closer look at how I’m turning this vision into a plan!
