The $0-$10K/Day Case Study: Day 155

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Day 155

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’ve been rather negligent over the past four days on this case study. That’s how long it’s been until since I’ve posted.

That’s pathetic.

I  could very easily make a well-rationed excuse. As you’ll see from the Rescue Time screenshot below, I’ve been absolutely grinding the past two days. This has been a crazy busy week as I’ve worked to finish up my market analysis project.

It’s a fantastic project and has been very interesting, but also a lot of work. It’s a $12,000 fee, and honestly, I might have undercharged it because the work level has been significant.

On the other hand though, it’s really fun to see how far I’ve come in less than a year. Around a year ago I did my consulting gig on UpWork for, coincidentally, $12. Less than a year later, I’m doing work that is literally 1,000X as expensive.

It’s been a crazy year and a busy year. I  was thinking about this progression last night and it’s fun to think about where I’ll be going if this trend continues.

But a successful year in consulting does not make a career. I am not “done” yet. I’m not retired, and I’m not 30 yet.

That’s why it’s inxcusable that I missed a case study post.

Yes, I was extremely busy yesterday. But I’m not at my destination yet, so using busy-ness as an excuse to skip the case study is bullshit.

I’m sorry in advance.

Yesterday there were 1,588 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 7:02 after going to bed at 10:23,  for total sleep of 7 hours and  52 minutes and a total recovery of 66%.

Overall, not bad, not great. I’ll take it, but I want it to be better.

Exercise

I didn’t move all day because I was working. Day strain was pathetic at 4.0

Stress levels

Stress was probably a 2/5, with 1  being the highest. It wasn’t a mission-critical kind of day, but I wasn’t in a jolly mood all day.

Diet

Coffee (a lot of it), curry, pasta, ice cream. That’s crap, and a 5/5

My Day Job

Tuesday. I did pretty much nothing outside of a few calls with people I work and like there.

Most people are annoyed, so it will be interesting to see how things progress.

Investment real estate

Nothing

Passive Websites

Nothing

My Actual Business

I haven’t done much here because of the overall workload.

Side Consulting

Killing me!

Frameworking

Nothing

Market Research & Customer  Interviews

This was my life the past few days

Sourcing new work

Nothing really here

$10K/day website

Didn’t do anything here

Family

Nothing-which is sad. I want to spend time with my fiancee.

Miscellaneous

Nothing

Rescue Time Daily Screenshot

The past few days have all been 12 hour days.
My 12 hour days though are different than I think other 12 hour days. I’m “on'” 100% of the time when I’m working. I’m not screwing around here, which makes the time exhausting.

What I made today

 

Current Income  Streams

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

Total:  $463

Planned income streams

  • 15 websites
  • 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: $89.73

  • 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

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: $302

  • 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 $463, spent $119, which means….

Made $344 (pre-tax).

My plan for tomorrow

Tomorrow is Wednesday, and I need to do:

  • More work on the market research project (although hopefully slower)

 

1,587 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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