August 2014 Income Report

The August results are in! But more importantly, where did it go? How did September get here already? I’m trying to catch up with the calendar, and I’d like to thank everyone who joined me for a celebratory end-month chat. It was a very happy Create Happy Hour!

This is also the first post after the new design reveal! Whaaaaat? Who’s loving the new Marketing Creativity? I sure am! I’ll be sharing all the details of the new design + the new direction of this blog on Saturday. In the meantime, let me know what you think! I can hardly wait to hear how YOU feel about the new look.

Here’s How I Spent My Working Hours

On to the income report! This year I’m sharing how I spend my working hours each month and exactly how much I earn from those hours. Click right here to read my theory on working less to achieve more.

Work-at-home Time Management | August 2014 Marketing Creativity

Since reducing to four-hour workdays, I have completed the following tasks in 72 hours (August 1-31 with 2 family days off): 

The Summer Shift (a group coaching concentrate): 21

Summer Coaching Special: 15

Marketing Creativity posts (this blog): 16

Marketing Creativity project production: 14

Energy Shop inventory: 1 (This poor Etsy shop needs some time + attention!)

Energy Shop packaging and handling: 4

Energy Shop ordering and research: 1

I get slightly frenzied in August as I prepare for the fall. It’s interesting, I feel the same excitement and restlessness that hits me in the New Year. I have a million projects buzzing, and it overwhelms this one-woman corporation!

I released a lot last month now that I’m looking back on it! The Ultimate Blogging Kit is here, I put out The Little Black Book for Creative Business, and I hosted my first ever Create Happy Hour, all in addition to 36 hours of client coaching. I’m glad to stop and reflect on those accomplishments for a minute, because if I’m honest, that’s the tip of the iceberg on my to-do list. Giving myself a loving pat on the back right now!

Here’s How Much I Made in August

As you know, it’s full-disclosure 2014 for me. Not only will I be breaking down how I spend my working hours each month, I’m also reporting exactly how much I profit from my creative business.

How Much I Made in August with my Etsy Shop and blog | Marketing Creativity by Lisa Jacobs

In August 2014, I earned a net income of: $1,486.69

I start almost every discussion on money or building a rewarding creative business with full disclosure that I believe a multi-faceted business is a must. Therefore, in each monthly report, I’m going to list the source of my income from highest- to lowest-paying for that period. August’s sources of income were:

1. Marketing Creativity’s Etsy shop and coaching programs

2. Energy Shop Jewelry

Creative Business vs. Traditional Workplace

I made this comparison in the first month’s report, and because I love breaking down the numbers (and proudly showing them to my husband ;) ), I’m going to continue. By end year, I’ll be able to average out an official hourly wage for myself.

After I carefully calculated my working hours this month, I did some math. First off, minimum wage in my state is $7.25 per hour. Let’s say I went out looking and landed a really good job, doubling minimum wage at $14.50 per hour. Let’s even say that this job offered me flexible hours so that I was only ever working while my children were in school (35 hours per week).

Here’s what I make now …

$1,486.69 (August earnings after expenses and taxes) / 72 hours = $20.64 per hour

That’s roughly $371.67 per 16-hour, work-at-home week (after taxes)

Vs. what I might make in the traditional workplace …

$14.50 x 35 hours = $507.50 per 35-hour week at a traditional job (before taxes)

For an estimated total of $1522.48 per month, $380.62 per week (after taxes)

Thanks to this work-at-home career, I got to spend another fabulous summer with my four children.

See July’s income

See June’s income

See May’s income

See April’s income

See March’s income

See February’s income

See January’s income

Until next time and all the best,

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10 comments

  • I’ve always enjoyed taking a peak at your income reports, Lisa! Do you think you’ll keep doing this in 2015?
    You’ve motivated me to start tracking my time recently. It wasn’t until about 2 months ago that I began to be extremely aware of how I spend my time and it’s so exciting to see the data from that and tweak time spent on more profitable projects!

    Anyway, your new blog design is so magical and pretty. Congratulations again. The link colors on my end look a tad bit light unless they are bolded, but otherwise, everything looks awesome!

    • Thank you, Mei! I so appreciate your feedback!! As I was generating this report, I was wondering if I’ll continue to track income next year myself 😀 Right now I’m not sure, but it sure has taught me a lot.

  • Your new blog design looks nice. Love the pin it button.
    Thanks for sharing your monthly earnings. I really like how you broke down where your hours were spent. That’s something i need to do to become more efficient.

    • Thank you, Krista! I’m glad you like the design (and I so adore my pin it button, thanks for noticing!). I do find that noting how I spend my hours helps me to use them much more efficiently toward work that matters to my bottom line. Appreciate your comment <3

  • Wow! I love your new design. The colors are beautiful and the design is sooo nice. I love that you still incorporated the stars too. The whole design is so pleasant and appealing, and gives more overall cohesion. (And just a side note: that non-moving bar that use to be there use to block half of my phone screen, making it more difficult to read, but now there’s no trouble at all!) Great redesign! Congrats!

    • Yay! Thank you, Julie – I’m so glad to hear you like it! I really appreciate the feedback & glad it’s looking better on your mobile.

  • HI Lisa
    FIrst of all, I love your new website design!
    second, i see in your home page you say (tagline) you have made a six figure income from your biz. is that since2010 all together? i ask because now that you are showing your monthly income, I don’t understand the “six-figure” comment. Can you explain this one?
    Thank you you are an inspiration.
    anna

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