Total Yearly Income: $829,696
What I earned in 2016
In 2016 all our income was derived from the Network Marketing Opportunity with Beachbody, LLC. Our total profits from 2016 were $829,695.91. This was a 9% increase from 2015. Again, another year without a huge % jump but still a nice little increase over the previous year ☺. In addition to the earnings in 2016 we also paid off a lot of land that we had a loan on. Now the only debt we have is a mortgage for about ½ the value of our home. Goal for 2017 is to have a net worth of $1,000,000.00. Looks cool to write it out that way and always been a goal of mine!
Number of Hours I Worked & my Activities
This whole year was consistent with 40 hrs a week or so except for the summer. I took the entire summer off. We spent a ton of time on Cape Cod in the town of Falmouth. It’s been a vision and dream of ours to spend the summers that way with our family and it officially happened. Here was the routine for the time we were there.. Wake up, coffee for each of us, alternate going for a run-walk while other watches kids, eat breakfast, beach, home for kids naps, beach, dinner out, sleep…. REPEAT.. day after day!!
I learned something about myself though. Although I love spending time with my family and that is why I do what I do, I also function better with a work-family balance. I truly love what I do for work and next year instead of taking the entire summer off, I’m going to work in the mornings and then hang with family in afternoons.. Still plan to spend the summer at the beach though!
Couple of Happenings in the Business
Business of Life Podcast got shelved.
I kind of knew this was coming at the end of 2015 and it became official in 2016. Crazy to look back on it though as we produced 164 episodes in total and made so many new friendships and connections through the process. If you haven’t checked it out yet, just search “Keith Callahan” or “The Business of Life” in your podcast player
Although we never really got a return out of the BOL Podcast we have seen great results and returns from the All About Beachbody Coaching Podcast. Many of the coaches we work with send those who they are talking with about the coaching opportunity there so they can learn more. In addition to that, I continue to have a steady stream of people find me through that podcast and eventually sign up as a coach with me. To find that one, just search either “Keith Callahan” or “All about Beachbody Coaching” in your podcast app.
I got a new office.
We converted the 3rd floor old attic space in our house to my new home office. So far I’m loving it. The space is awesome for creativity. It’s got two sections, one with a desk and then one sitting area with a coach and all my books. And, the best part of all is we are not paying the $700 a month for rent in the old office that I had.
Best news of 2016
We welcomed Adeline “Addie” Mary Callahan to our family early in the year. Now we have 4 kids!
* Team Beachbody® does not guarantee any level of success or income from the Team Beachbody Coach Opportunity. Each Coach's income depends on his or her own efforts, diligence, and skill. See our Statement of Independent Coach Earnings for the most recent information on the actual incomes of all our Coaches.