The $0-$10K/Day Case Study: Day 121

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Day 121

DISCLOSURE: THIS POST MAY CONTAIN AFFILIATE LINKS, MEANING I GET A COMMISSION IF YOU DECIDE TO MAKE A PURCHASE THROUGH MY LINKS, AT NO COST TO YOU. PLEASE READ MY DISCLOSURE FOR MORE INFO

I met my goal from yesterday and was much less of a dreamer/more of a doer.

I got a lot of stuff done. It was an 11-hour workday, something I feel pretty good about. That added time came from less “dreaming” time and more productive time as I kept working through what I need to do now instead of “dreaming” on things I’d like to do in the future but can’t do now.

So, overall, pretty productive. I should feel pretty happy about that, right?

Well, actually not really.

I talked a lot yesterday as well about how I would need a significant amount of time to build up a big and huge model for a client. I did that work last night and it was a fucking mood killer.

The model in itself isn’t that difficult. It’s a basic P&L for a startup business. There’s two problems with it though:

  • The client wants me to build the model using a template he found online. The template doesn’t fit for his business, but he’s stubborn about it and I feel tied to using it because the client wants to use it. This is annoying because I know it won’t work at all.
  • The client is extremely talkative. We’ve spent close to four hours on the phone in a one week period. Talking through the model with him tomorrow, and why this won’t work, will end up being a 2-hour conversation at a minimum, which I’m also dreading.

This is an UpWork client and I’ve said in a past post on upwork freelancing that you need to be extremely careful on what type of client you take on. A bad client can make your life miserable, and I’m certainly not enjoying this client at all.

In other words, I screwed up taking this project.

I think my explanation is due to the baby coming soon. I’m trying to get as much work done as possible, knowing that I’ll get less work done as soon as the baby comes.

We’ll see what happens when we talk shortly. I proposed we abandon the online template. It will dramatically simplify my life, but if the client agrees, we can make this whole model work much more smoothly.

In that world, we can keep the income but simplify my life.

What I did yesterday to make $10K a day at 30

The current phase of the plan

I’m in Phase #1:  The Job & Side Hustle Phase.  You can read more about the phases and my plan to get to $10K/a day at 30 here.

Wake up & sleep:

I slept okay, 7 hours and 48 minutes, waking up at 8:03 after going to bed at 10:16. A lot of sleep and an early bedtime for the win

My recovery score is great at 98%, which is another day in a row of great sleep. I don’t know what’s driving this though.

Exercise

No exercise, just took a walk. My day strain was relatively high though at 12.7. I’m wondering if that’s because I had a few big meetings for my day job so my heart rate spiked?

Diet

Diet was coffee, eggs,  and spanakopita from Costco for dinner. Overall,  probably 3/5 with 1 being the best.

My Day Job

It was a Wednesday. I had a couple of really big calls, which might have made my heart rate spike?

Investment real estate

Nothing here. Still waiting to hear from property managers.

Side Consulting

I have a few projects going on now.

Business plan

No action here, but I will have some today.

Private Equity

Still in a holding pattern here.

Financial modeling

As discussed above.

Frameworking

I talked a lot yesterday about how I tried selling this project. It looks like this one has sold, so I’ll have recurring income coming in for a while here!

Sourcing new work

Nothing outside of what I mentioned above.

$10K/day website

Just publishing the daily post.

Family

My fiancee and I spend some time together in the afternoon. I love her so much

Miscellaneous

No updates right now on trying to move

Rescue Time Daily Screenshot

As discussed, not a ton of hours here

What I made today

Job: $170

Rental Income: $33

UpWork: $0

Consulting: $419

My business: $0

Affiliate: Not doing yet

WordPress Maintenance Site: Not doing yet

Dividend Income: Not doing yet

Micro-SAAS’s: Not doing yet, 

Hotels: Not doing yet

Total: $622

Today’s pro-rated amount of monthly & yearly expenses

Expenses: $250

Once I pay off my debt, I’ll break out expenses into a line by line as well.

Today’s Income (pre-tax)

Made  $372

My plan for tomorrow

I’ll have that call with the client shortly, and then we’ll see what happens to the rest of my day as a result!

About the Author & The $0-$10K/Day Case Study

Dean’s goal is to create $10,000/day in passive income through entrepreneurship. Too many people write “success porn” that skates over the struggles many face in entrepreneurship. His goal is to create something real that highlights the lack of sleep, disappointment from family, and setbacks you really face in entrepreneurship.

To read more about how this case study is set up, check out the ground rules here.

The hope is that this series of posts will inspire someone else out there to make their entrepreneurship dreams happen.

Dean Woods is currently an executive by day and a bootstrapped micro-startup CEO by night. Prior to working in startups, Dean was a management consultant. Dean graduated with honors from The Wharton School.

What I did yesterday to make $10K a day at 30

The current phase of the plan

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Wake up & sleep:

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Exercise

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Stress levels

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Diet

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My Day Job

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Investment real estate

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My Actual Business

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Side Consulting

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$10K/day website

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Miscellaneous

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Rescue Time Daily Screenshot

Today’s pro-rated amount of monthly & yearly expenses

Today’s Income (pre-tax)

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My plan for tomorrow

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Dean Woods

Dean Woods

Dean’s goal is to create $10,000/day in passive income through entrepreneurship. Too many people write “success porn” that skates over the struggles many face in entrepreneurship. His goal is to create something real that highlights the lack of sleep, disappointment from family, and setbacks you really face in entrepreneurship. The hope is that $10K a day swill inspire someone else out there to make their entrepreneurship dreams happen. Dean Woods is side hustling and working a full time job to kickstart his entrepreneurial path. Prior to this life, Dean was a management consultant. Dean graduated with honors from The Wharton School.

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