BIGGEST REVENUE MONTH EVER!!!! | January 2021 Income Report | Summary and Q&A

TL;DR

In January 2021, Debt Free Millennials had a remarkable month, with significant revenue growth and various achievements.

Key Insights

• ✋ Debt Free Millennials experienced exceptional revenue growth in January, reaching the highest monthly revenue ever recorded at $15,600.
• 🎏 Different income streams, such as digital products, YouTube, affiliates, and freelance gigs, contributed to the overall revenue.
• 💗 Personal achievements, including significant milestones on YouTube and Instagram, highlighted the growing influence and reach of Debt Free Millennials.
• 👶 The creator's focus on affiliate marketing as a revenue stream for 2021 demonstrates her belief in its potential and willingness to explore new opportunities.
• 🤳 Preparing for maternity leave as a self-employed individual posed unique challenges, requiring careful planning and front-loading of content.
• 👍 The creator's personal journey with Debt Free Millennials has shown growth and adaptation over the years, proving the viability of side hustles turning into full-time ventures.
• 🥶 The success of Debt Free Millennials serves as an inspiration for viewers, encouraging them to embark on their own debt-free journeys and consider starting their own side hustles.

Transcript

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Questions & Answers

Q: What were the main sources of revenue for Debt Free Millennials in January?

The main sources of revenue were digital products, YouTube and Google Adsense, affiliates, and freelance gigs. Digital products generated $496, YouTube and Google Adsense brought in $1,802, affiliates contributed $2,208, and freelance gigs accounted for a substantial $10,500.

Q: What expenses are associated with running Debt Free Millennials?

Expenses for running Debt Free Millennials mainly include subscriptions and software needed to operate the business. These expenses vary between $300 and $1,000 per month, covering items such as online calendar, Zoom, Photoshop, and video element subscription packages.

Q: What were Debt Free Millennials' notable accomplishments in January?

In January, Debt Free Millennials achieved multiple milestones, including reaching 28,000 YouTube subscribers, hitting 10,000 Instagram followers (unlocking the swipe-up feature), and being contacted by CBS News for a potential opportunity.

Q: What obstacles did Debt Free Millennials face in January?

The main obstacle for Debt Free Millennials in January was preparing for the impending arrival of the creator's first baby while being self-employed. Being the sole person working on the business, she had to plan and prepare for maternity leave by front-loading video content and ensuring a smooth transition during her absence.

Summary & Key Takeaways

• The total revenue for Debt Free Millennials in January 2021 was $15,600, the highest monthly revenue ever.

• Different income streams contributed to the revenue, including digital products, YouTube and Google Adsense, affiliates, and freelance gigs.

• Personal achievements for the month included reaching 28,000 YouTube subscribers, hitting 10,000 Instagram followers, and being contacted by CBS News.