I have created a new and improved version of K Money Mastery which is called, Mastering Book Publishing!
Every month, I write a detailed monthly report about the progress that I'm making towards the goals and resolutions that I publicly stated on my blog earlier in the year. This is my March 2016 Monthly Goals Report, which goes over each goal that I set and the progress that I've made on them so far.
Since I started sharing my Monthly Goals Reports a few years ago, I received such an amazing response from people on my blog. People have been sharing with me how much I've inspired them or how helpful it's been for them by me openly sharing my progress. It's my hope that you can take away something from this report that will help inspire you to achieve your own goals.
Watch the video below:
(Click here to watch on YouTube)
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My 2016 Goals Breakdown
I’m now going to go into each goal that I committed to for 2016 in detail and share exactly where I’m at with it. Also, be sure to check out the original 2016 goals and resolution video blog and my previous Monthly Goal Reports to compare my progress.
FINANCIAL GOALS:
1. I will easily make $2,000,000 in revenue by December 31, 2016.
Result: $156,577.08 ($412,341.76 total for 2016)
Last Month: $133,411.60
I had my most proiftable month of 2016 in March, generating $156,577.08 in revenue. There's nothing new to report that has significantly resulted in the increase, besides just increasing our marketing efforts and continuously taking consistent action on all fronts.
While it may be impressive that I was able to generate this amount of money in a month, it's always important to keep in mind that I did not get here overnight. It's taken me years of hard work, learning and consistent effort to build the multiple online businesses and income streams that I've developed. I also often remind people that the money you earn is merely a reflection of the amount of value that you've added to other peoples lives. If you focus on adding massive value and helping people, you will be rewarded for that. That is what I continue to focus on every day and what I'm most proud of.
This income is comprised of a number of businesses and income streams that I have, such as:
- Online Book Publishing
- Information Products & Courses
- Mastering Book Publishing, The 24-Hour Book System, K Mastermind, Morning Ritual Mastery, Full Disclosure, VA Training Program, etc…
- Affiliate Marketing
- Sharing other courses, products & services
- Coaching, Consulting & Events
- Amazon Physical Products
- Miscellaneous Income Streams
- Google Adsense, Fiverr, Udemy, etc…
- Real Estate Investments
- Stocks
- Trading, as well as dividend income
Want to learn exactly how I make money online and became an internet millionaire in 3 years?
CLICK HERE to get instant access to my FREE online training program!
2. I will easily have a $1,500,000 investment portfolio by December 31, 2016.
Result: $1,227,317.73
Last Month: $1,156,129.93
I've continued adding more money to my investment accounts in March – right now primarily benefiting from foreign exchange of the US and Canadian dollar. The stock market has been up the last two months, so I haven't been focusing on buying at the moment – just holding cash until the opportunity is right again.
My investment strategy is long-term and buying stocks that pay dividends. Right now, I primarily focus on investing on the Toronto Stock Exchange (TSX), since I benefit from the weak Canadian dollar and economy. Currently, my overall investment portfolio is down, however, I believe I've been able to benefit from it as I'm always buying when things drop and taking advantage of things.
The awesome thing about investing in dividend stocks is that I've been able to make a passive income of a couple thousand per month, as the stocks I invest in either pay a monthly or quarterly dividend. So I'm not only benefitting from any capital gains, but also receiving a passive income from my investments.
3. I will easily explore buying a new real estate property by December 31, 2016, and if the opportunity is right, close the deal.
Result: Just browsing…
In March, I continued browsing online to see what is available. However, the Vancouver housing market is extremely over-priced right now and it's somewhat discouraging me from investing in a property. I'll continue looking here and there, and again, if the opportunity is right, close a deal.
BUSINESS GOALS:
4. I will easily have at least 100,000 YouTube subscribers on the Project Life Mastery channel by December 31, 2016.
Result: 82,000+ subscribers
Last Month: 76,000+ subscribers
The Project Life Mastery YouTube channel has is continuing to grow, gaining over 6000 new subscribers during March. I've been consistently publishing new videos and also have benefitted from the authority of my channel now and all the hard work I've done over the years.
5. I will easily have at least 100,000 Facebook fans on the Project Life Mastery page by December 31, 2016.
Result: 67,008+ likes
Last Month: 66,939+ likes
The Project Life Mastery Facebook page has seen small progress in March, however, we've been focusing on growing the Stefan James Facebook account with advertisements which is growing rapidly.. We haven't been utilizing any paid advertising for the channel lately and will be having upcoming discussions with my social media manager to see what we can do to continue to grow our page.
6. I will easily have at least 50,000 Instagram followers on the Project Life Mastery page by December 31, 2016.
Result: 23,100+ followers
Last Month: 20,200+ followers
The Project Life Mastery Instagram page has been continuing to grow and got some good momentum during March with 2,900+ new followers. We've continued to publish motivational, quality content on the page and utilizing some strategies to continue to promote the page.
7. I will easily have at least 50,000 e-mail subscribers by December 31, 2016.
Result: 53,000+ (GOAL ACHIEVED)
Last Month: 48,000+ subscribers
Over 5,000+ new subscribers during March and I've achieved my goal of 50,000!
My next goal will be to hit 100,000 e-mail subscribers by the end of the year, which I think is possible if I continue ramping up my marketing efforts and achieve the other goals I've set for this year.
8. I will easily reach and impact at least 3,000,000 people on YouTube (views) and have a total of 6,500,000 views on YouTube by December 31, 2016.
Result: 410,000+ views (4,637,000+ views total)
Last Month: 340,000+ views
I'm committed to reaching as many people as possible and helping to positively impact the lives of millions this year. In March, I experienced some major growth in YouTube, with reaching over 410,000+ new views on my videos. This is exciting, as the more videos I publish, the more people I'm able to reach.
9. I will easily reach and impact at least 2,000,000 people on ProjectLifeMastery.com (unique visitors) by December 31, 2016.
Result: 112,871+ unique visitors (302,844 total)
Last Month: 90,508+ unique visitors
The blog traffic had a big spike in March, reaching 112,871+ unique visitors. We've just started implementing some new SEO strategies, but I don't think the spike is the result of this. Sometimes there's spikes in traffics or sales and it's difficult to explain the reason why – I think it's just the reward of consistently adding content, providing value and the growth of the blog over time.
10. I will easily publish at least 150 new video blogs on YouTube and ProjectLifeMastery.com by December 31, 2016.
Result: 25 video blogs (68 total)
Last Month: 21 video blogs
March was a consistent month, publishing 25 new video blogs. These video blogs were published on the YouTube channel, iTunes podcast and on the blog. I've continued to improve my ability to produce high quality content and have been putting a lot more focus on this. It's been a lot easier now that I've been building a team to help me run many of the other operations of my business, so that I can focus more on producing quality content.
In January, I launched the #AskStefan series, where I answer subscribers questions in video blogs. If you have any questions for me that you'd like answered in a video blog, you can learn more about how to do that here.
11. I will easily re-launch K Mastermind and help publishers grow their business to six-figures by December 31, 2016.
Result: No progress yet
I haven't had a chance to focus on this yet, but will be a priority over the next few months.
12. I will easily create and launch a new self-development program that will positively help people improve their lives by December 31, 2016.
Result: Sent out survey
In January, I sent out a survey to get feedback and ideas from my followers on what they want. I'll be using this valuable information to put together a new self-development program this year that will help benefit you.
13. I will easily create and launch a new online business training program that will help people make make money online by December 31, 2016.
Result: No progress made yet
I haven't had a chance to focus on this yet, but will be a priority in April.
14. I will easily create and launch the new Life Mastery Toolkit that will help motivate and teach how to grow an online business by December 31, 2016.
Result: Goal Achieved!
I'm excited that I finished my new FREE Life Mastery Toolkit, which ended up being a FREE COURSE that I released in March. The FREE course reveals the 7 Proven Online Business Models That Made Me An Internet Millionaire In 3 Years.
You can get instant access to it by clicking here.
15. I will easily launch 2 new Amazon products by using the Amazing Selling Machine by December 31, 2016.
Result: 1 new product launched
In January, I launched a brand new supplement through Life Mastery Nutrition on Amazon. It's a BCAA (Branched Chain Amino Acids) supplement, which I'm very excited about. I've been taking BCAA's for years and it's helped me to build muscle and maintain muscle while leaning out. I'm very happy about the quality of this product and the positive reviews it's been getting so far.
In total, I have 3 products that have been successfully selling on Amazon through Life Mastery Nutrition. They are:
I'll be aiming to launch another Amazon product through Life Mastery Nutrition in the next few months.
16. I will easily be making at least $10,000 per month on Amazon by December 31, 2016.
Result: $6,000+
Sales have been growing slowly and been consistent, which is really cool because I don't have much time to focus on my physical products business at the moment, as I've prioritized some other projects. In February, we finished the Life Mastery Nutrition website and are now just starting to focus on more marketing efforts to really grow the brand and sales.
17. I will easily hire someone to run my Amazon business part-time by December 31, 2016.
Result: Goal Achieved!
I've achieved this goal in March, having someone spend a few hours per week to maintain and grow my Amazon business. Right now we're focusing on some long-term, ever-green marketing strategies which will continue to grow our brand and sales over the long-term.
I'm excited about this, as the main thing limiting me has been time. I'm now able to be working ON my Amazon business, rather than IN my Amazon business – which is the key to scaling up and something that I preach constantly amongst business owners.
18. I will easily hire a SEO person on my team to help SEO optimize my blog by December 31, 2016.
Result: Goal Achieved!
We achieved this goal in March, hiring an SEO master to do an audit on ProjectLifeMastery.com and focus on improving the on-site and off-site optimization. We'll be implementing changes over the next few months. We don't expect changings to happen over night, but to see the real impact over a few months from now.
HEALTH & FITNESS GOALS:
19. I will easily compete in Tough Mudder in Whistler by June 30, 2016.
Result: Training
As part of my training for Tough Mudder, I've been working out twice per day. I've been doing cardio first thing in the morning, as part of my morning ritual. This has been helping me increase my endurance and stamina.
I come back to the gym in the afternoon, hitting weights and building my strength and muscle mass. Right now I've been leaning out and toning my body a lot, which will help me when I do Tough Mudder.
I've also been in the process of forming a team amongst friends.
20. I will easily complete a 15 day juice fast by December 31, 2016.
Result: No progress yet
I haven't scheduled this yet.
TRAVEL, LIFESTYLE & PERSONAL DEVELOPMENT GOALS:
21. I will easily travel for at least 3 months to Japan, Thailand, Indonesia and Australia by December 31, 2016.
Result: In progress
During February, we traveled to Tokyo, Bangkok and Phuket. In March, we traveled to Bali and are now currently in the Dominican Republic. Unfortunately won't get a chance to go to Australia, as we've now decided to be in Latin America on the other side of the world.
22. I will easily travel and attend a Brotherhood mastermind trip by December 31, 2016.
Result: Scheduled for May
In May, I have a trip scheduled with a high level entrepreneurs mastermind group to the Grand Canyon in May.
23. I will easily attend Tony Robbins Business Mastery by December 31, 2016.
Result: No progress made
I haven't signed up or scheduled this yet, but will likely be in Las Vegas in August.
24. I will easily attend Date With Destiny with Tatiana by December 31, 2016.
Result: No progress made
Will be in December of 2016.
25. I will easily read at least 20 books by December 31, 2016.
Result: Read 5 books
I've read 5 books so far during 2016. I'm currently reading The Greatest Salesman In The World by Og Mandino and The Compound Effect by Darren Hardy.
Here's a list of books that I've read so far this year:
- The Compound Effect
- Relentless: From Good to Great to Unstoppable
- The Entrepreneur Roller Coaster: Why Now Is the Time to #JoinTheRide
- The Greatest Salesman In The World by Og Mandino
- Happiness: A Guide to Developing Life's Most Important Skill
- The Seven Principles for Making Marriage Work: A Practical Guide from the Country's Foremost Relationship Expert
26. I will easily complete a 10 day silent meditation retreat with Vipassana by December 31, 2016.
Result: No progress made
I haven't scheduled this yet.
27. I will easily complete my morning ritual at least 5 days per week by December 31, 2016.
Result: On track, have been consistent with morning ritual
I've been on track and consistent with doing my morning ritual every day while traveling.
In January, I completed the 30 Day Morning Ritual Challenge and was very consistent with doing my morning ritual every day. I can't explain enough how much a morning ritual has been life-changing for me!
28. I will easily get my PADI Scuba Diving License by December 31, 2016.
Result: 1/2 complete
In Phuket, Thailand, my girlfriend and I signed up for a 3-day PADI Scuba Diving course. We both got 90%+ on the exam and completed our first dive together, however, unfortunately we were unable to complete the course due to getting sea sick on the boat. I'm going to aim to complete this goal a bit later in the year, however, right now I'm not a fan of the ocean after the incident I had.
29. I will easily complete the 100 Day Challenge by April 30, 2016.
Result: On track
I've been consistent with the 100 Day Challenge program, sticking with watching the motivational videos every day as part of my morning routine and making progress towards my goals.
SOCIAL & RELATIONSHIP GOALS:
30. I will easily continue to do bi-weekly journaling with Tatiana in our relationship book by December 31, 2016.
Result: Back on track
My girlfriend and I got back on track with our bi-weekly relationship journaling. It really has been such a powerful ritual in our relationship that has really allowed us to grow and create a passionate, loving relationship.
31. I will easily learn tantra with Tatiana by December 31, 2016.
Result: No progress made
Haven't taken any action with this goal yet.
32. I will easily do a fun photoshoot with Tatiana by December 31, 2016.
Result: No progress made
Haven't taken any action with this goal yet.
33. I will easily plan and organize at least 1 fun activity with friends every month to create magic moments (travel exception) by December 31, 2016.
Result: No progress due to traveling
Currently traveling, so this goal is exempt for the time being until I'm back in Canada.
CONTRIBUTION GOALS:
34. I will easily build 2 schools with Change Heroes by December 31, 2016.
Result: Campaign set up, raised $329
I set up my campaign to raise $10,000 to build a school in Ethiopia and so far raised $329. I'm very involved in giving and contributing to many different causes that I'm passionate about in private, but the purpose of this campaign is to get OTHERS involved to give and become aware of the challenges that others face. Last year I built a school in Kenya and Ecuador, and this year I want to continue the momentum going!
If you want to contribute to this campaign and help me build schools in Ethiopia, click here.
35. I will easily build 2 houses with ChangeHeroes by December 31, 2016.
Result: Campaign set up, raised $2,299
I set up my campaign to raise $3,000 to build a house in Nicaragua and so far raised $2,299. Last year I built a house in EL Salvador, this year I want to build 2 houses for 2 families in need, then go and build them. I'm always giving and contributing to various causes that I'm passionate about in private, but made these campaigns available to the public to help raise awareness and have others give as well.
If you want to contribute to this campaign and help me build houses in Nicaragua, click here.
36. I will easily travel to Nicaragua and volunteer to build houses for the Project Life Mastery ChangeHeroes retreat on June 24-29, 2016.
Result: Now scheduled for July
In 2015, I did an amazing trip to El Salvador to volunteer and build a house for a family in need. In 2016, I committed to do this again in Nicaragua, but this time make it a Project Life Mastery Retreat and get some of my friends and followers involved!
If you want to join or learn more about joining the retreat, click here. (dates changed to July)
Overall, I enjoyed putting this Monthly Goals Report together and I look forward to doing one again next month. I’ve found that this public commitment has been pushing me to stay motivated and accountable as well, which is helping me to get more done also. Thanks for reading!