Oh it’s that scary time of month where I look at the numbers and get to see just how crazy I am to think I can actually have a business playing with yarn all day… In all honestly I went into June expecting it to be FABULOUS! June is my birthday month and regardless of what is happening in the world June has to be awesome and I am happy to report that it actually was a pretty good month!
Yes I celebrate my birthday all month but this was the highlight:
Okay enough about my birthday…
let’s talk business so a few things happened in June that definitely help to make it one of my better months. First I re-opened my Etsy shop. If you didn’t already know I have a love hate relationship with Etsy you can find out more about that here... but re – opening the shop was a must and within 24 hours of re-opening I made over a $100 so no complaints over here. I have said it once and I will say it again if you are in the business of handmade you should have a presence on Etsy. If you are new to Etsy and have not opened up shop yet use this link and get 40 free listings to at least give it a try. If you need some help navigating setting up your Etsy shop I can help you with that as well you can sign up for an Etsy consult here.
I also released two new patterns this month and did my first ever pattern bundle which really help to increase my pattern sales. Clearly y’all like bundles but seriously they were received quite well the pattern bundle can be found on both Etsy and Raverly.
Last but not least unlike last month I did take custom doll orders this month which definitely helped to increase my overall revenue.
So what do the numbers look like:
For the month of June I made $1046.67
My Expenses for May $411.93
Profit for May $634.74
As you can see I more than doubled my income from last month which also meant my expenses as well as my profit increased. My focus for July is increasing my profit. Which of course means more income but also looking for ways to decrease expenses and make more passive income i.e. more pattern and online class sales.
I should also note that my blog also earned money in the month of June, I have not accounted for that in this income report because it wasn’t enough to meet the payout threshold and I like to do actual numbers. I hope to meet the payout threshold this month or at least by August but I will break down when and how the money was earned once I meet that threshold.