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I Landed A $20,000 Photography Client | 2024 Q2 Update | Road To A Millionaire Pt. 9

by Cole

This article was written by ChatGPT based off the above video’s transcript.

Hey folks, Cole Connor here! It’s a good time to be alive. Q2 of 2024 is in the books, and we did it! My average monthly income for Q2 was $10,300. Let’s get into it.

If you’re new here, I call these income reports my “Road to a Millionaire” series. I believe this is part nine. It’s not about the money, but the money helps. Just kidding… but seriously, it’s not about the money, but the money helps.

Reflecting on My Journey

This journey has been crazy. Back in December, I had a negative balance in my bank account. It’s December—what can you say? Over the past three months, I’ve averaged $10,300 per month, which is the most I’ve ever averaged. There were a couple of months in 2019 when I made around $13,000-$15,000, but a lot has happened since then. At this rate, I’m on track to make $125,740 this year, a jump of over $30,000 from last year’s $78,000. It’s a testament to keeping going, grinding, and doing it.

Monthly Breakdown

Here’s the breakdown of my earnings for Q2:

  • APRIL: $10,489
  • MAY: $12,631
  • JUNE: $7,804.35

Sources of Income

Almost everything came from real estate photo and video work. Here’s a more detailed look:

  • Skillshare: A little bit of income
  • Etsy: $800 from my products
  • Shopify: Some additional income from YouTube sales
  • YouTube: My biggest yet, with $407 in one quarter, from two separate payments of $197 and $210

Etsy sales have slowed down, which is unfortunate, but I’m still happy to have some income from that. YouTube has been growing at a rapid rate, and I hope it continues to do so. Last year, I made almost nothing from YouTube, so this growth is very encouraging. Thank you for helping make that happen!

Financial Progress

One of my goals has been to raise my credit score and build up my savings. I’m happy to report that my credit score has increased from a dismal 530 to 653. The only thing holding my credit score back is the debt on my credit cards. As I pay off more debt, my score should continue to rise. I feel like if I pay off a couple more thousand this quarter, I’ll be in the 700s, but we’ll see.

I also have money in my savings—over $5,000 now, which is a huge improvement from the beginning of the year when I had zero. I’ve spread some money across different accounts and restarted Acorns to save randomly. Hopefully, one day I’ll look at it and find a few thousand dollars there.

I’ve also been playing the stock market. I’m trying to be smart and take it slow. Have I lost money? Yes. Have I gained money? Yes. Have I mostly lost money since I got back in? Yes. But I’m learning. I have about $500 in the stock market right now, and I hope to continue doing okay.

Significant Purchases

With making more money comes spending. I made some big purchases that I felt were necessary:

  • New MacBook Pro: A major upgrade from my 2018 model, costing around $3,000. It’s made everything faster, from editing to emails to making music.
  • New Drone: Not crazy expensive, but still an expense.
  • DJI Osmo Pocket: For vlogging and getting into unique spaces.
  • Insta360 Max 2: For adventure-type videos.

These purchases were essential, especially since I’d been using the same drone since 2018. I believe investing in these tools was necessary for my growth and efficiency.

Real Estate and Business Growth

Most of my income has been from real estate work. I’ve been working with some great companies, and things are paying off. For instance, one of my big clients has given me so many listings, and that’s been amazing. I want to share a little story: one day, I checked my spam folder and found an email from this client. They were looking for a photographer for a ton of listings. Since then, they’ve paid me over $20,000 in the past eight to nine months. So, check your spam!

Home Sweet Home

I’ve been really focused on making my home feel like a home. I’ve gotten compliments from visitors, and it truly feels like a cozy, creative space now. In my last video, I talked about slowing down and enjoying my environment, and I’ve continued to do that. I want to create a space that encourages creativity and feels like a true sanctuary.

Video Content and Creativity

I haven’t been making a lot of videos lately, primarily because I’ve been busy and wasn’t happy with what I was creating. I’ve been trying to figure out how to level up my content, and I think I did that with my last video. Moving forward, I want to make more short film-style videos, which will require more planning and involvement from others. I’m still going to make teaching and vlog-style videos, but these bigger projects are important to me.

Acting Journey

I’ve had a love-hate relationship with acting this year. From February to April, I was frustrated but started getting more auditions. I’ve been investing in coaching for self-tapes, and I think it’s paying off. Although it costs money, I believe it’s worth it. I recently had a huge audition and I’m hoping to hear back soon.

Fitness Update

I’ve been dealing with IT band syndrome, which has been really frustrating. I was doing so well with my fitness routine, but now I’m focusing on walking and doing exercises that don’t aggravate my leg. It’s a setback, but I’m determined to get back on track.

Future Ventures

Looking ahead, I’m focusing on saving and making money over the next six months. I have a goal of saving $25,000. Why $25,000? Because I want to have enough to day trade and make significant investments. I might be moving at some point, possibly in the next six months to a year, and I want to be prepared for that.

I’m also considering traveling to Europe with family later this year, which might affect my plans. There are many possibilities, but my main goal is to save money, invest wisely, and continue growing my business.

Final Thoughts

In summary, Q2 of 2024 has been a period of growth and progress for me. I’m focused on saving, stability, growing my business, and maintaining my fitness. My social life has been pretty good, and there are likely some changes coming in that area too.

Thank you for tuning in to this income report. If you enjoyed it, you might like some of my other content as well. Stay tuned for more updates!

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