[QUIZ] Which Stage Of Business Are You In and What Should You Focus On Right Now?

February 2021 Michelle Hon International Income Report

Hey there! When I first started my blog, The Chill Mom in 2013, I’ve seen others shared their income report and thought to myself that one day, l would share my own income report too.

So here goes, my company’s revenue in February:

  • Book sales: $335
  • Brand Deals: $11300
  • Guest posts: $292
  • Affiliate income: $256
  • Momentum subscription: $950
  • Chill Mom Kitchen: $173
  • IG Growth Bootcamp - $3671
  • Ambassadorship: $7750
  • Speaking engagement: $2100
  • Commercial: $3000
  • 1:1 coaching: $5000

Total: $34827

Do note that I do have expenses like hosting, payment gateway fees, employees, etc and I pay myself a fixed salary every month.

The rest of the profits go back into the business, so we have reserves to grow the business via partnerships, investments and hiring new employees.

 

A few things I’d like to point out for February are:

  • We didn’t launch any signature programs this month.
  • February is generally a quieter month for brand deals.
  • Chinese New Year took almost an entire week out of a shorter month - we didn’t take on any Done-For-You projects this month
  • Appearance in commercial is a once-off and doesn’t happen all the time!
  • Speaking engagements are irregular as well but it’s something that my team are looking out for me.
  • The fee for ambassadorship is part of a progressive payment plan.

 

Why am I sharing my income report?

My hope is that being transparent about how I make money online, working from home while being able to spend time with my children, will inspire other moms who are thinking of doing the same. I want them to see that it really is possible.

If you like to receive more free training about starting and growing an online business, do sign up here.

Do you have any questions? Comments? Do let me know if you’d like to see how our income looks like when we do have a big program launch! 

Hi, I'm Michelle Hon, the founder of MomBoss Academy. 

I've discovered that building a $1,000,000 business is possible without taking investments and hustling all day long. I'm living proof that it can be done, and I want to help more moms achieve that for themselves and their families.

For my latest content, please fill in the form below.❤️

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