The $0-$10K/Day Case Study: Day 162

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Day 162

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Last post, I talked about how difficult it’s been balancing work and the baby. It was my first day really balancing work and the little dude. It wasn’t that easy, to say the least.
Yesterday, things were slightly better and more manageable in a lot of ways. My fiancée is and was amazing in helping out with him during the day while she is on mat leave.
The project was still busy and getting busier actually, but it was largely manageable. My client counterpart is pretty chatty so I ended up spending ~4 hours or so with her on the phone. Normally I don’t mind, but I didn’t really have the time to spare there.
One thing I’ve realized having the baby is my margin for error on wasted time is exactly zero. I can’t waste time on the phone. I can’t waste time scrolling Instagram.
Pre-baby, I would work a ton (70 hours a week is a decent guess for the past few years) but that leaves 98 hours a week where I wasn’t working. I’d spend ~50 sleeping, so 48 hours left to exercise and spend with my fiancée.
It wasn’t a big deal if I killed 30 minutes without realizing it on my phone because I’d take that 30min back from another chunk of time.
I don’t have other chunks of time anymore.
Case in point: I’m currently:
  • Listening in on a call, waiting to hear my name so I can jump off mute as needed
  • Have the little guy strapped into a baby Bjorn to carry him and help him feel better as needed
  • Writing out this post on my phone

^^^I wrote that ~12 hours ago. It’s now the end of the day and I’ve gotten around to finishing this post.

Things are fragmented. I can’t waste any time.

Yesterday there were 1,545 days until I turn 30 and need to make $10K a day passively. Here’s how I spent yesterday 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’m going to be updating the plan slightly…stay tuned.

Wake up & sleep:

Sleep was better and recovery reflected it. I got 6 hours and 31 minutes of sleep for a recovery score of 46%. Not objectively “good” by any function, but also not objectively “bad” either.

I’ll take it for now.

Exercise

I did another 30min Peloton ride. I did really well for the first 20 minutes of it, but then absolutely crashed in the last 10 minutes of the ride.  I think it’s because I did a HIIT & Hills workout instead of a recovery ride.

Tomorrow, I’m going to do a Peloton recovery ride.

I think it’s absolutely critical I keep doing workouts, even though I’m absolutely gassed. I’d be more tired if I didn’t do it.

Worth the upfront investment now, to say the least.

Stress levels

Stress is okay. Probably 3/5 with 1 being the highest.

Diet

Diet was standardly not good. I have coffee for breakfast with some cookies, left oveer indian for lunch, and then ate mints and some cookies during the day (not good). I had some curry and noodles for dinner.

~70% of a vegan day. I felt lethargic though….I need more spinach in my day to day.

My Day Job

I had a few things to do here, but nothing crazy. Probably sub 1 hour.

Investment real estate

We chatted a couple times with our old PM. I say old because we managed to pull it off and they are no longer managing that property for us.
We are THRILLED.
Let’s see how the new  guy will do.

My Actual Business

I’ve put some thought into this during pat leave. This is definitely my focus in 2021.

Side Consulting

Up and running here with my first project.

Strategy development via data

Lot more data work, but things are getting better here in that I’m more “ramped up” on the work. I definitely understand the material a lot better today than yesterday.

The biggest problem is my client loves to call me. I got a phone call at 7am and a phone call at 9:30pm, and probably 3 more during the day.

That’s overbearing.

I’m excited to be done ASAP there.

Sourcing new work

No  new sourcing today (I have enough I can handle for now)

$10K/day website

Nothing now.

Family

Lots of family time with the three of us!

Miscellaneous

Nothing

Rescue Time Daily Screenshot

Hmmm, way less than I expected actually. Maybe that’s why it felt like a better day?

What I made today

Current Income  Streams

  • Job:  $170
  • Rental Income (13 rental units): $43
  • Consulting Project: $625

Total:  $838

Planned income streams

  • My business, which I’m calling CCIO
  • Content Websites (NOT $10K)
  • Micro-SAAS
  • Business Acquisitions
  • Franchises
  • Hotels
  • Dividend Income

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

CCIO 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: $2.30

  • 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: $1.57

  • 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

Real Estate Investing: $0.52

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

Today’s Income (pre-tax)

Topline of $838, spent $160, which means….

Made $678 (pre-tax).

My plan for tomorrow

Tomorrow is Thursday and I plan to:

  • Couple meetings with my new consulting client
  • More data analysis
  • Help with PM hand over

1,544 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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