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Why My Accountant Thinks I Robbed a Bank

Posted By Darren Rowse 25th of February 2011 Blogging for Dollars, Featured Posts 0 Comments

Why My Accountant Thinks I Robbed a BankMy accountant just called and asked me if I’d robbed a bank.

She just saw the figures from the last few months of blogging and, as I mentioned back in my December earnings update, we’ve had some very good months lately.

December was my biggest month ever, but January and February are shaping up to be great, too.

There are two main reasons for the improvement in revenue:

  1. Christmas Promotion: In December, I ran a 12 Days of Christmas promotion on my photography blog. This rolling series of promotions saw a massive spike in affiliate sales, but also a big increase in ebook sales over that two week period.
  2. Ebook Launches: Towards the end of January and into February I launched a new ebook on my photography blog. It was our biggest launch yet and the new ebook sold faster on launch than I’ve seen before. In fact, ebook sales for the last three months have totaled just under 13,000 units.

Today, when my accountant rang to check whether the reports I’d sent were real, I tried to explain what had happened. She understood the above two reasons, but dug a little deeper and wanted to know why.

Her reflection was that about 18-24 months ago something changed in my business that seemed to tip earnings up a notch. Understandably, she wanted to explore the cause of that change.

I struggled to answer her at first, but in the end I put it down to two things:

1. I made a mind shift

A couple of years back, I switched my business focus away from relying purely upon advertising and affiliate revenue and decided to get serious about creating some products of my own.

2. Invested in Learning

Two years ago was also the point at which I decided to get serious about learning how to market and launch these products that I’d begun to develop. I knew that simply deciding to have my own products wasn’t enough—I needed to invest in my knowledge of marketing them.

It was at this time that I started to do two things:

  1. I began to seek out others who had experience in online marketing. I began to be more intentional in developing relationships with, and collaborating with, smart marketers. These people have taught me a lot!
  2. I purchased a variety of online training programs to learn some good principles for marketing products online. I enrolled in the programs, the most helpful of which I’ll tell you about below.

Overnight success?

I wish I could say that this switch in thinking and gaining of knowledge flicked a switch and helped me gain overnight success—but of course it didn’t.

The increase in revenue didn’t happen straight away after making the mind shift or getting the training, although there have been some great spikes in revenue over the last two years. But that marked the beginning of something that seems to be snowballing for me now, some two years later.

Make the mind shift and get the training for yourself

Over the next couple of weeks, you’re going to hear a lot about Jeff Walker and his Product Launch Formula.

Can I suggest you take some notice of what Jeff’s got to say?

I know some will be put off by some of the hype surrounding this launch—sometimes the affiliates promoting these launches build them up into a frenzy. But Jeff’s one of the guys who has helped me make the mind shift I mention above. His course was the main one that worked for me, and is something I’ve come back to numerous times.

Some of the principles he teaches in PLF have really connected for me, and have been instrumental in skyrocketing my own product launches. I’ve also applied some of them in promoting other people’s products—the Christmas launch I mentioned above used the classic launch strategy that Jeff teaches, and led to my biggest month so far.

Jeff is currently releasing a series of videos in the lead up to re-opening the doors of PLF. While some people’s pre-launch strategy is simply to build buzz before a launch, the great thing about Jeff’s strategy is to provide value in the launch process. Whether you buy PLF in the end or not, his videos will help you make the transition I talk about above.

They’re both inspiring and educational. If you do buy PLF, you’ll get some great teaching, but do yourself a favor and at the least watch the videos over the coming days by getting on the list. You can register for the first video here; the second is here. Update: you can also download his full blueprint for launches here (it’s got amazing teaching).

About Darren Rowse
Darren Rowse is the founder and editor of ProBlogger Blog Tips and Digital Photography School. Learn more about him here and connect with him on Twitter, Facebook and LinkedIn.
Comments
  1. I’m actually thinking of robbing a bank, this internet game is too hard… but we all know that anyway. No shortcuts in any business. Very inspirational post yet again Mr. Rowse, thanks for filling my head with good stuff! :)

    Andy

  2. Darren, I’m glad you’re not in jail. But I couldn’t help but noticing, and this isn’t meant to be mean, that your profile shot is sorta off, shouldn’t your whole body be turned with that shot? – Also, I think that you need a little black bar at the bottom of the picture with your inmate number… but maybe a URL would be better.. :) Thanks for the great info, and I’m still trying to get my self slowly off to the blogging races…

    Randy

  3. you probably robbed a bank. How lucky you are that you success it for the first time that less people would success for the first time because it not easy to sell your own product for the 1st time. It need to do lot of marketing way to promote out your e-book and your promotion.

  4. I hear you Darren, I am working my way through module 2 of the PLF 3.1 right now and even after the first module I felt the change in my mindset and now I’m watching and learning as much as I can to launch my premium plugin in a few months. I’m happy every time I see another PLFer and it’s almost always someone who further reinforces my belief that I made the right decision to get it! thanks

  5. Jeff Walker, founder of Product Launch Formula recently closed his doors to PLF evergreen; however, he has many of us asking how he setup his website for his Product Launch Sequencing. Sooo, I finally came across the designers at http://azthetiklauncer.com, who are now selling their wordpress themes and multi-testing platform for Product Launch series. Hopefully it will be of help to some of you. I’m still in the process of setting up my site. :)

  6. Sorry incorrect link up there – http://azthetiklauncher.com.

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