At the beginning of every month I’ll be making a post about the income (or loss) generated from Traveling Project for the previous month, and then updating the totals on the “Project Income” page so readers who are interested in the project’s success can follow it. I’m sure there will be times when I’m out traveling, and the location won’t have any Internet access; if this is the case I’ll do my best to post the report as soon as I get online access. Now, on to the April 2008 report:
Total Income for April 2008: -$292.23
Due to this project being started in April, I expected it to produce a loss instead of income just like any other business venture does in the first few months or even years it is started. Most of the expenses came from advertising I purchased to promote Traveling Project, which I think will prove valuable in the future and be a great return on investment as the project continues to grow. Here’s the breakdown of income and expenses:
Total Income: $0.27
Google Adsense Income: $0.15
Private Ad Sales: $0.00
Affiliate Commissions: $0.00
Kontera: $0.12
Total Expenses: $292.50
Web Design Expense: $15.00
Advertising Expense: $152.50
Donations: $125.00
I expect the project to generate a loss for the next couple months as I continue to aggressively spend on advertising.
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