[eddz]

First of all, congratulations on your success and experience.

Second of all, correct me if I am wrong, but you do not seem to be factoring in your time (16 working days) or any kind of opportunity cost required to produce the content?

[viperchill]

Thanks for the comment.

This is the third and final update, so didn't really cover the time aspect as in-depth as I had in previous updates.

My aim was to show what you can do without spending money. Time is undoubtedly an expense, but you have to factor that into any online business.

[eddz]

I understand. But to many businesses – especially online businesses – time is the most significant expense. It is the elephant in the room here. You are not "profitable" (not even "ramen profitable") until you've factored in this expense.

[viperchill]

For month one, sure. But that's to be expected :)

[blunte]

Right near the top of the post: "Time was undoubtedly my biggest expense, which I’ll cover in more detail at the end."