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I have been seeing Income Reports flying around the freelance-sphere since I got started as a Virtual Assistant. I love the transparency, so I figured that it might be time for me to start releasing my own income reports!

I’ve been freelancing part-time since January 2018, and started full-time in July. Now, I don’t know if y’all know this but I’m pregnant with my first baby so about half of my part-time was spent in first trimester fog and starting in July was when I really took my job seriously. I’ve been taking this process slow, so that it builds like a snowball. I’ve been scouring Facebook groups for any leads and really working on making sure that my systems are set up so that my lifestyle doesn’t suffer. With that said, I made $500 revenue in October 2018!

Revenue Breakdown

  • Virtual Assistance $500
  • Total $500

Expense Breakdown

  • Profit Planner Lounge $67
  • Email & File Management $34.27
  • Marketing Materials $37.99
  • Credit Card Processing $14.80
  • Total $154.06

Profit Breakdown

$500 – $154.06 = $345.94

Goals for the Month

  • “Babyproof” my business
    • Got closer by planning out my blog & social media posts, but did not complete all my goals.
  • Grow revenue to $750
    • Stayed consistent, but did not see growth.

Lessons Learned for the Month

  • Stay focused on the income-generating actions for your business.
    • It is super easy when you are starting off your business to be chasing after the shiny object or the “ten minute task” that suddenly becomes you reorganizing your Instagram strategy. Sigh. I feel it. I felt it. This is something that takes discipline and I’m learning that it also reveals some deep insecurities about myself. An income-generating action for my own business? Reach out to potential clients and see if they are interested in hiring me. Deep seated insecurity? Them saying no which means that I’m not “enough”. Yup, as a person. A person. Not that what I’m offering may not be what they need in their business right now, but that as a person I’m not enough and that’s why they said no. Wow. However, that’s no way to grow a business. If I really want this to grow to the next level (let’s say, reaching $750-1,000 a month consistently) then I have to be reaching out to my next client and giving them the opportunity to say yes!
  • Set big goals, but plan to accomplish them in twice the time.
    • Anyone read Finish by Jon Acuff? (If you have, then you’ll recognize this lesson.) I have, and I should have made my goals for maternity leave accordingly. If I want to lose 10 pounds over 6 weeks, then why not shoot for 5 pounds over 12 weeks? Yes, it’ll seem to be like I’m lazy. Trust me, it HURT me to write that goal example. However, I know that this is a very achievable goal and I’ll be able to keep it. With all my goals, I need to think about achieving half the goal in double the time. I’ve had difficulty in the past hitting my big goals and most likely it’s because of my perfectionism. This can be an exercise that I work on in 2019, and see where I end up at the end of the year!

Wrap Up

October was a weird month for me. I’m gearing up for the end of my pregnancy, wanting to grow my business, but also feeling very tired. Like, end-of-pregnancy tired. What I’m taking away from this month is that I need to stay focused on the tasks that grow my business & the tasks that build my clients’ experience, but that I need to remember how tired I get the next time I’m pregnant. Which hopefully won’t be for awhile.

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Ann Bellow helps women who struggle with booking clients to become her own boss by breaking the patterns that keep her broke.

Do you want 1-3 private clients in the next 30 days? Let's talk!

Work with Me

Ann Bellow helps women who struggle with booking clients to become her own boss by breaking the patterns that keep her broke.

Do you want 1-3 private clients in the next 30 days? Let's talk!

Work with Me

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