Well That Wasn't What I Expected | 2020 March Income Report

TL;DR
In March, the content creator had a successful month with a 10k income, primarily from freelance gigs and affiliate marketing.
Transcript
okay March was a very interesting month for a lot of us and especially for freelancers and online business owners self-employed people this was really interesting hey guys it's Justine with debt-free Millennials the channel to help you crush your debt and live payment free did anybody else see my light flicker that was weird if you are new to the c... Read More
Key Insights
- 🍧 The pandemic has impacted freelancers, but having multiple income streams can help mitigate the effects.
- 🥺 Selective client partnerships can lead to higher stress levels but provide more stable income.
- ❓ Improving affiliate marketing strategies can significantly boost income.
- 💌 Decreases in workbook sales and new email list subscribers during crises can be surprising but may be attributed to people focusing on more immediate needs.
- 🥺 Small tweaks to affiliate strategies can lead to higher revenue streams.
- ❓ Creative content production during lockdown can contribute to increased income.
- 🫠 Ad revenue from YouTube may not be reliable, and exploring alternative means of revenue generation is crucial.
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Questions & Answers
Q: How did the content creator earn income in March?
The content creator made money through freelance writing, affiliate marketing, YouTube Adsense, and selling digital products.
Q: What percentage of the income came from freelance gigs?
Freelance gigs contributed 70% of the total income in March.
Q: Was the income from digital products lower compared to previous months?
Yes, the income from digital products was lower than in February, but the creator had insights on how to improve it.
Q: What was the main obstacle faced by the content creator?
One obstacle faced by the content creator was the decrease in YouTube earnings, likely due to advertisers scaling back their budgets.
Summary & Key Takeaways
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The content creator earned $10,400 in March, with freelance gigs contributing 70% of the total income.
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The income from digital products was lower than previous months while affiliate marketing income doubled.
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The creator had a successful month, but also faced obstacles like decreased YouTube earnings and workbook sales.
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