In this episode of the Profitable Web Designer Podcast, I’m giving you a behind-the-scenes look at the Web Designer Academy’s numbers for December 2024. I’m diving into our inflow, outflow, and cash reserve usage, plus the biggest money and business lessons I learned over the past ten years.
December 2024 Inflow and Outflow Breakdown
In December, my business brought in $27,135 in revenue, while our expenses totaled $17,592, meaning we were able to add $10,111 back into our cash reserves.
Inflow
The inflow for December came from multiple sources, including:
- New Web Designer Academy enrollments from our final open enrollment of 2024 (both payment plans and pay-in-fulls).
- Recurring payment plans from Web Designer Academy and Next Level Mastermind members.
- Renewals from current students in both programs.
- Two gold-level sponsorships for our Simply Profitable Designer Summit 2025, happening in March 2025.
Outflow
Here’s how we allocated our expenses in December:
- Team salaries + payroll taxes: $10,000 (for myself and our Client Success Coordinator, Erica).
- Tools and software: $1,750 to run and maintain the business.
- Line of credit repayment: $1,000
- Insurance, bookkeeping, and HR fees: $1,500.
- Marketing expenses: $4,000, which covered:
- Podcast production.
- Conversion rate optimization services.
- Miscellaneous year-end expenses, including swag and mailing supplies for our 2025 new student welcome boxes.
In This Episode, I Cover:
- How our thoughts about money impact everything—from marketing to pricing.
- The difference between active and passive marketing for web designers.
- A breakdown of the Web Designer Academy and Next Level Mastermind programs.
- My biggest takeaways from my first decade in business—and how I’m applying them in 2025.
- How to shift into an investment mindset.
A Breakdown of This Episode:
- [00:01] Why I share monthly income reports and how they help you grow your business.
- [01:41] Reflecting on my first decade in business and how it shaped my mindset.
- [02:47] December’s financial breakdown: inflow, outflow, and reserves.
- [15:55] Insights from my 2024 business journey—and what’s changing in 2025.
- [27:50] How I’m shifting my approach to money, time, and investments.
Resources Mentioned in the Show:
- Free Pricing Strategy Course: webdesigneracademy.com/freecourse
- Web Designer Academy: webdesigneracademy.com/apply
- Next Level Mastermind: webdesigneracademy.com/nextlevel
- Simply Profitable Designer Summit 2025: webdesigneracademy.com/summit
- The Conscious Edge Podcast with Alecia St. Germain: The Conscious Edge Podcast
- Daily Dose of Hope Podcast by Phyllis: Daily Dose of Hope
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