* I’ve been keeping track of my HART-Empire Network Earnings Online ..

Here is the link: HART-Empire Network Earnings Spreadsheet Document

The earnings are on an “Accrual” basis, where I’m documenting what I’ve earned, but monies will usually come in the following month, or (if ever) when I reach the minimum threshold for release of my earnings for payment. The expenditures are on a “Cash” basis, as I pay something related to my online earnings, I just load up the spreadsheet and modify it.

Summary of Gross Earnings 2007/2008

* January 2007 - $344.61
* February 2007 - $372.37
* March 2007 - $492.41
* April 2007 - $491.85
* May 2007 - $620.99
* June 2007 - $632.47
* July 2007 - $672.66
* August 2007 - $701.78
* September 2007 - $706.09
* October 2007 - $801.12
* November 2007 - $859.20
* December 2007 - $863.36

** Year-To-Date Gross Earnings (Jan-Dec/2007) - $7,558.91
* Average (YTD) $20.71 per day or, $629.91 per month

* January 2008 - $981.88
* February 2008 - $1,076.12
* March 2008 - $1,596.30
* April 2008 - $1,872.57
* May 2008 - $1,767.04

** Year-To-Date Gross Earnings (Jan-May/2008) - $7,297.08
* Average (YTD) $48.01 per day ($57.00 in May/2008) and Average (YTD) $1,459.42 per month in 2008

Reflection

May 2008 declined in gross revenues over what April 2008 accomplished. In my release of the April 2008 figures, I hypothetically wondered outloud if I could maintain a 15% growth each month .. and if I could, May 2008 would have been more than $2,100. But, although that I did fall short - I believe I know what the reasons were:

* Meltdown and After-Tax Season Burn-out during the first week of May/2008
* I put a call for, and hired 5 new writers for the PetLvr and “LVR” series of blogs last half of May/2008

Both of the above events took up my time away from production of posting content and the promotion of same during the month. Despite that, if you look at the chart below - I have almosted DOUBLED revenues from 2006 and almost exceeded entire 2007 earnings just in these past 5 months.

Regarding expenses, it’s hard to believe I still had a net PROFIT - because in May 2008 I purchased a network-wide site license to have Ansuman’s 32-Language Translator “Gold” version plugin for $400 USD. It’s expensive but, at the beginning of 2008 I had in mind to upgrade most of the important existing blogs - 1 at a time - with the “PRO” version translator plugin at $30/pop … and one new blog a month. This just made financial sense in the long run, that I can have this available for all my blogs - existing and future blogs.

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