As 2022 draws to a close, I thought it would be a good time to have a quick review of the year, my earnings as an AMSOIL Dealer and what lays ahead for 2023

​Let's take a look at the numbers...

2022 was my best year to date.  As you can see in the chart above, I earned $47,251.34 USD in commissions.  I'm still waiting to receive my T4A from AMSOIL but based on my calculations, this equates to CAD $61,906*

​*I live in Canada but earn commissions in USD from AMSOIL

The graph above shows my monthly commission earnings for the past three years.  The yellow line is 2021 and the red line is 2022.  As you can see, other than a couple of months, I earned greater commissions each month when compared to last year.   I also finished the year with a great December due to achieving a bonus for reaching a new level of sales achievement

What worked in 2022
I am so grateful for the AMSOIL business opportunity.  For the most part, my business is quite passive at this point.  Although I'd like to see even higher earnings, I am more than happy with how the year went.  The seeds I've planted and the relationships I've built over the past several years are working well to create recurring and mostly passive income now

What didn't work in 2022
Lack of focus.  Once again, I lost focus on what is truly important (building my AMSOIL business) and spend WAY too much time on other projects and ideas.  Although the AMSOIL provided training for dealers is amazing, I want to provide additional, exclusive training for my dealer team.  I made a little progress on this training in 2022 but not as much as I would have liked.  Again, this was due to the amount of time spent on other projects/ideas unrelated to my AMSOIL business

What is planned for 2023

• Spend more time working on my business.  Get back to my routine of doing something daily to build it
• Work on my exclusive dealer training materials
• Set a new goal for 2023.  As of right now, I haven't spent any time planning ahead or making a goal for the coming year.  I'll work on this ASAP

​

To learn more about becoming an AMSOIL Dealer:
​
Click here for Canada
Click here for USA

'till next time

Rob
The AMSOIL Dealer

PS, if you do decide to become an AMSOIL Dealer yourself, be sure to see my name and referral number (5110482) when you register.  That way, I'll be able to support you in your journey ​

If this is your first time reading my AMSOIL Dealer income reports, welcome.  I create these posts as a journal of my progress and experiences as an Independent AMSOIL Dealer but also to help you decide if becoming an AMSOIL Dealer in Canada is a good idea for you as well.

With that said, let's have a quick look at how May, 2022 went for me...

I earned $4,092.86 USD (approx. $5318 CAD) in May 2022.  I am very grateful for this but at the same time, disappointed that I didn't earn more.

One new dealer joined my team and he is off to a great start.  His name is Matt and he is in Sturgeon Falls, Ontario.  If you live in or near Sturgeon Falls and would like to purchase AMSOIL for your own use, at wholesale for use in your company equipment or even to sell AMSOIL from your retail store or shop, please contact Matt directly through his website:  NorthernSynthetic.ca

By supporting Matt, you'll be helping a new guy get his AMSOIL business going and you'll also help me in a small way so it will be a win for you, for Matt and for me.  

As we get closer to the launch of the new AMSOIL comp plan, I'm super excited for any new dealers that come on board.  The new comp plan is structured in such a way that new dealers should be able to earn income much easier than in the past.

I am working on some additional/exclusive training for folks that join my dealer team that I think will not only help the new dealers but will help ensure I reach my income goals as well.  

To learn more about becoming an AMSOIL Dealer, click here

'till next time

Rob
The AMSOIL Dealer

PS, if you do decide to become an AMSOIL Dealer yourself, be sure to see my name and referral number (5110482) when you register.  That way, I'll be able to support you in your journey ​

For several years now, I've had a goal of increasing my commission by 12% and I'm happy to report that I've been able to reach this goal just about every month for 3 years now.  It's getting more difficult but April, 2022 saw a commission increase of 14% over the same month last year.   

The graph above shows 2022 in green and 2021 in red.  I'm happy with how things are going so far this year.

Here's my actual commission payments from 2019 to present.  Green numbers mean that I had over 12% growth when compared to the same period the previous year.  As you can see, I earned $4,791.76 USD in commission in March, 2022.  This is my highest monthly earnings to date.  Not bad for a part-time, very enjoyable business.

AMSOIL is about to launch a new and improved compensation plan.  I'm both excited and nervous about this new plan.  For brand new dealers, the new comp plan is amazing.  AMSOIL is making it WAY easier for new dealers to earn commissions right from the beginning.  They have changed a few other things as well that may not help experienced dealers like myself but only time will tell if these changes help me or now.

One thing I am very certain of though is that now is a better time than ever to become an AMSOIL dealer!

To learn more about becoming an AMSOIL Dealer, click here

'till next time

Rob
The AMSOIL Dealer

PS, if you do decide to become an AMSOIL Dealer yourself, be sure to see my name and referral number (5110482) when you register.  That way, I'll be able to support you in your journey ​

Back in December, 2019 I wrote the following goal:

Although I missed my target of quitting in January, I was able to do so in July.  I'm very grateful that my AMSOIL business provided me the ability to do this.  Without AMSOIL, I'd likely still be doing a job that I didn't enjoy simply because I needed the money.  Thank you AMSOIL!

Although I missed my goal of earning an average $4600 USD per month, I'm quite happy with how 2021 went.

Growth:  Every single month saw a growth in commissions vs the previous year.

Earnings:  I earned $41,103.80 USD in commissions for the year.  That's far from my goal of $55,000 USD but, based on the time that I put into my business, and the distractions throughout the year, I'm very happy with this.

After doing the currency conversion, I earned $50,595 CAD in 2021

Growth Bonus:  I haven't received my growth bonus for 2021 yet but I suspect it will be somewhere in the neighbourhood of $1000.  I'll update this post once I receive my growth bonus payment.

I've decided to keep my goal of $4600 USD per month through 2022.  I have a tentative plan in place on how I will do this but the most important part of my goal is to stay focused.  That is why I have bolded the word focus in my goal this year.

Among other things, my plan for 2022 includes introducing the AMSOIL business to more people and helping them to reach their goals.

​'till next time

​Rob
the AMSOIL Guy
Dealer #5110482
​
​How to Become an AMSOIL Dealer
If you would like to become an AMSOIL Dealer yourself, and would like my help in doing so, please use this link to learn more (or just call me).  When you become a dealer, be sure to use my referral #5110482 when prompted.  This way, you will automatically join my team and we will be able to work together

Now, let's compare that to my actual earnings
​

Although I missed my goal, that's as close as I've ever been so I'm fairly satisfied with that.  Another positive trend is the continued growth each month when compared to last year.  When you look at the chart above, green numbers mean that my earnings were greater than the same period last year.  Lots of green is good, black and red are not

​Another number I like to watch is my active personal customers.  Continued growth here will contribute to my long term success as an AMSOIL dealer.  

Each customer type has different earnings potential.  If I wanted to maximize my income, I'd focus on developing the most profitable customer types but for now, I'm just looking for general growth

What's next:
I'm going to continue with what I've been doing for the balance of the year and also want to help spread the word to more people about the AMSOIL business opportunity.  I genuinely believe that becoming an AMSOIL dealer is once of the best decisions I've ever made and want to help more people discover it too...maybe through these blog posts

​How to Become an AMSOIL Dealer
If you would like to become an AMSOIL Dealer yourself, and would like my help in doing so, please use this link to learn more (or just call me).  When you become a dealer, be sure to use my referral #5110482 when prompted.  This way you will automatically join my team and we will be able to work together

If this is your first time reading my AMSOIL Dealer income reports, welcome.  I create these posts primarily for my own use as a journal of my progress and experiences as an Independent AMSOIL Dealer but also to help you decide if becoming an AMSOIL Dealer is a good idea for you as well.

If you don't want to read the post, I earned roughly $23,245 USD ($30,333 CAD) in commissions from AMSOIL 2019 including my growth bonus

With that said, let's have a quick look at how December, 2019 went...
​
December, 2019 Income (USD):
Goal: N/A
Actual:  $1398.42 (+31.64 vs December, 2018)
Difference:  N/A

​My December, 2019 AMSOIL earnings were up a whopping 31.64% vs December, 2019.  I'm going to give myself credit for this growth and not just chalk it up to good luck.  I spent some time in October and November working on my website and also doing so work locally to get some additional traffic and sales.  I feel my December sales were a reflection of this work.

2019 Growth Bonus
What's not shown in the spreadsheet above is that I also qualified for a growth bonus of $976.10 USD

So, if I add my growth bonus to my December commissions, that's a total of $2354.64 USD for the month.  Not bad at all.
​

​Active Personal Customers:
Goal:  N/A
Actual:  282 (+4 vs last month)
Difference:  N/A

​
​What happened:
I did not work on my AMSOIL business at all in December.  Between visiting family, taking a trip to Mexico and various other distractions, my December earnings were 100% passive.

I'm so grateful for having discovered the AMSOIL Dealer Opportunity that has allowed me to earn passive income like this.

​2020 Income Goal by Month:
In previous posts, I had said my goal was:

As of right now, I still plan to quit my day job but I may change the date at which I do that.  I've made some changes over there that have improved that situation dramatically so the pressure to quit has been reduced - I'm not sure if that's a good thing or not.
​

​​
​How to Become an AMSOIL Dealer
If you would like to become an AMSOIL Dealer yourself, and would like my help in doing so, please use this link to learn more (or just call me).  When you become a dealer, be sure to use my referral #5110482 when prompted.  This way you will automatically join my team and we will be able to work together

Last month, I made the decision to focus on my AMSOIL business in 2020 and I set the goal of earning $4600 per month by December 2020.  Although I'm still a long ways off from my goal, I did see some growth in November and feel that I made some positive steps toward earning my financial goal by this time next year.

Let's have a quick look at the numbers...
​

My November, 2019 AMSOIL earnings were up 8.52% vs November, 2018.  I'm not sure if this was just a fluke or if my recent increase in effort has already started to pay off but I'm happy to see the growth.
​
If I have a strong December, I may even qualify for a growth bonus this year - I'll need to finish the year with a growth of at least 4% or $21,632 to get the bonus.  It' going to be close!

I mentioned in a previous post that I will have to grow my Active Personal Customers by roughly 32 per month if I am going to reach my goal for 2020.  I'm happy to see that I grew my active customer base by 5 this month but I'll have to get much better if I am to see real improvement.  

Something I may have to think about is how to stop loosing preferred customers / dealers each month.  I loose around 6 or so each month.  I'm not sure what to do about this but it will be something to keep in mind moving forward.

I've Changed my Goal
I've decided to change the wording of my goal slightly.  Originally I had it written as "This will allow me to become a full-time AMSOIL dealer starting January 1st, 2021" but, deep down, I don't want to work my AMSOIL business full-time.  I like that fact that I can just work on the business when I feel like or when time permits.  Therefore, I've changed the last sentence of my goal to now read "This will allow me to quit my day job starting January 1st, 2021"

Although it pays well, I'm not passionate about my day job.  The idea of quitting that job may be the motivation I need to work harder at AMSOIL so that I can afford to quit that other job once and for all.

​Action to be taken:
Reaching my goal of $4600 in monthly income by December, 2020 is going to be a challenge. 

Remove distractions - Stay Focused!
I genuinely think this is going to be my biggest struggle but if I work continuously on my AMSOIL business throughout 2020, I'm sure I'll make positive improvements

Improve my SEO skills
I've always liked SEO (Search Engine Optimization) and back in the day, this is how I build all of my other businesses and even launched my AMSOIL business.  Google is smarter now and I've not really improved my skills so what I've done in the past doesn't really work any more.  I need to sharpen my skills and get better every day

Don't be an undercover agent
This is a silly term Real Estate Agents use.  Essentially it means to let people know that you are a Realtor - or in this case, an AMSOIL Dealer.  I've ordered myself an AMSOIL sweater to wear and will also order an AMSOIL jacket once my budget permits.  I believe this will open up more opportunities for conversations with folks about AMSOIL and how I sell AMSOIL products

I have a lot of other ideas but for now, that's the short term plan.

If I break my goals down, all I have to do is find just one new customer per day.  I don't think that will be too hard.

I hope you found this interesting.  Feel free give me a call if you have any questions about becoming an AMSOIL dealer yourself.  I'd be happy to help.

'till next

Rob
the AMSOIL Guy
Dealer #5110482

Active Personal Customers:
Goal:  N/A
Actual:  273
Difference:  N/A

2020 Income Goal by Month:
It looks like 2019 will finish with an approximate income of $24,000 USD or $2,000 per month.  To reach my goal of $4600 for the month of December, 2020 I'll need to increase my income by $250 per month each and every month of 2020.  Here's how I came to that conclusion:

​
Action to be taken:
Reaching my goal of $4600 in monthly income by December, 2020 is going to be a challenge. 

They say however that you have to set challenging goals if they are to motivate you.  I'm going to work on staying focused, eliminated distractions and sharpening my skills as I finish out 2019 and movie into 2020.

If I break my goals down, all I have to do is find just one new customer per day.  I don't think that will be too hard.

Once again, these posts are primarily for my own use, to help me clear my thoughts and measure my progress toward my goals but I hope this helps you in some way.

'till next

Rob
the AMSOIL Guy
Dealer #5110482
​

How to Become an AMSOIL Dealer
If you would like to become an AMSOIL Dealer yourself, and would like my help in doing so, please use this link to learn more (or just call me).  When you become a dealer, be sure to use my referral #5110482 when prompted.  This way you will automatically join my team and we will be able to work together