Seeing my portfolio of projects through a different lens
jasonleow • 24 May 2022 •
It never felt like my side projects earned all that much.
Slightly over $100 per month for Lifelog, and a $15 purchase for a Carrd plugin every week or so.
Just tiny drips here and there. 😔
$15 feels so tiny in comparison to my $5k monthly revenue goal, I often don’t even celebrate it or consider it a win.
But after doing my 2021 tax accounting, I realised my side project revenue totalled ~$11,000!
@knight asked for a breakdown of the $11K, so here goes (these are rough estimates):
- Lifelog = $1200
- Plugins For Carrd = $900
- Sweet Jam Sites = $500
- Keto List Singapore = $1100
- Social impact patronage = $1300
- Others* = $6000
* e.g. random one-off freelancing jobs like coaching, writing a tech article, integrating a Carrd site
** Caveat: These are revenue from side projects. My main income still comes from consulting.
I felt better after seeing it was $11k.
My tiny epiphany: Because of how my revenue is diversified due to my portfolio of products, I realised I needed a different lens in which to look at my revenue.
What looked like insignificant drips here and there… can actually add up to something substantial!
It’s just like how small daily consistent actions doesn’t look like much (100 words a day?), but it can compound (36,500 words a year - enough for a short novel!) – but of course! I know this. Strange how I never applied that same idea to my portfolio revenue. 🤦♂️
Always zoom out.
Comments
Quite impressive!
thanks, man. I always think that freelance work due to the Adalo component shall I consider a product sale or freelance sale.
@therealbrandonwilson thanks!!
@knight what’s a freelance sale?
freelance sale is my daily job which is from those freelance clients. so clients that coming from because my product not sure should categorize them as a freelance sale or product sale. Another simple way I can think of is those I generate by Stripe consider product sale and those direct bank to me one consider freelance sales
Oh for me, freelance is freelance, no matter which channel they came from.
@knight Bro as requested haha