The $0-$10K/Day Case Study: Day 143

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Day 143

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I’ve been working all-out for a while now. I’m technically working three full-time jobs at the moment and am getting ready for a baby to arrive in a few weeks.

It’s been busy as shit, to say the least. Which leads to this weekend and what I ended up doing.

My mother-in-law told me a story about someone she knew who worked so hard that he went crazy. Full-on mental breakdown from working too hard. I also know stories about people my age, with similar work ethics and jobs, who are dying from heart attacks in their 20’s/30’s because they’re working so much and relying on stimulants to keep them moving.

If that’s you, then you are fucking stupid. There’s no other way to describe it.

I don’t want that to be me. I don’t think I am at risk of but going crazy, I do think it’s worth resting and feeling better. Taking the time to rest up is worth it if it means that I can then start jumping at this week with just more energy to rock this week.

I feel weird doing this, because this isn’t my approach. I hate taking a break.

I’ve learned that I need too.

Yesterday there were 1,605 days until I turn 30 and need to make $10K a day passively. Here’s how I spent it in pursuit of that goal

The current phase of the plan

I’m in Phase #3:  The Business Phase.  You can read more about the phases and my plan to get to $10K/a day at 30 here.

I still consult, and  I still have a job. I’m looking forward to removing both of those ASAP.

Wake up & sleep:

I woke up at 8:17 am after going to bed at 12:27, for a total amount of sleep of 7 hours and 35 minutes. Recovery was 59%.

It’s rest time.

Exercise

Break time, break time, break time. Day strain was low at 7.6, as it should be if it’s a rest day.

Stress levels

I was at a 4/5, with 1 being the highest. The added sleep helped take some of the stress off.

Diet

Diet was coffee, and chicken for dinner.

3/5 with 1 being the best. As usual, not great.

My Day Job

Weekend

Investment real estate

Nothing.

My Actual Business

Nothing

Side Consulting

Nothing

Business plan

Nothing

Financial modeling

Nothing

Frameworking

Nothing

Summary presentation

Nothing

Market Research & Customer  Interviews

Nothing

Sourcing new work

Nothing

$10K/day website

Nothing

Family

Time with my fiancee

Miscellaneous

Nothing

Rescue Time Daily Screenshot

Nothing

What I made today

Current Income  Streams

  • Job:  $170
  • Rental Income (13 rental units): $43
  • Framework: $250
  • Customer Interviews: $430

Total:  $893

Planned income streams

  • My Startup
  • Local Serviced Based Business  (cleaning business)
  • Affiliate
  • WordPress Maintenance Site
  • Content sites
  • Franchises
  • Dividend Income (municipal bonds)
  • Micro-SAAS’s
  • Hotels

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

 

Life Expenses: $133.73

  • Rent, utilities, Internet: $63.33
  • Phone Bill: $1.57
  • Heath Insurance: $8.90
  • Ladder Life Insurance: $0.83
  • TrueBill for Budget tracking: $0.10
  • Car: $15
  • Food for the family: $28
  • Sheets for the crib: $16

My Startup’s Expenses: $0.16

  • Bluehost Domain name: $0.16

Health Expenses: $12.00

  • Peloton: $3.20
  • Gainful Protein Powder: $1.80
  • Care/of Vitamin pack: $3.00
  • Whoop fitness tracker: $1.00

Productivity Expenses: $2.25

  • SuperHuman to save time on email: $1.00
  • Rescue Time to keep me honest on my productivity: $0.20
  • Fantastical as my main calendar: $0.20
  • Evernote to track everything: $0.27
  • Grammarly to keep my emails looking okay: $0.38
  • BackBlaze to keep my files backed up: $0.20

Consulting Business Expenses: $2

  • Gusto to pay myself: $1.50
  • Quickbooks to track expenses: $0.40
  • Google Business Email Account: $0.40
  • Fiverr for virtual support: $0

$10K a day: $12.42

  • Kinsta for hosting: $1.00
  • Bluehost for domain names: $0.03
  • WP Rocket for speed: $0.14
  • Link Whisper for SEO: $0.14
  • Elementor for site design: $0.14
  • Astra for theme: $0.14
  • Rhino Rank for SEO: $10.83

Real Estate Investing: $0.52

  • Legal Zoom Registered Agent (all LLC’s): $0.52

Today’s Income (pre-tax)

Topline of $893, spent $163, which means….

Made $730 (pre-tax)

My plan for tomorrow

Tomorrow is Monday, and going to be totally slammed

  • Finish up a business plan
  • Sketch out a skeleton for my market mapping project

1,604 days until I turn $30. I’m making $10K a day passively by then

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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