The $0-$10K/Day Case Study: Day 42

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What I did today

So today was the first official workday of 2020. Welcome to the new year and all of the excitement.

With it being the first workday, I was at my day job for most of the day. It was a bit of a bummer because there are plenty of things I’d like to be doing. For example, I have one big project that is almost close to completion so I would have loved to work hard there and bring that over the finish line. However, I was at the office.

On the plus side, there are three exciting developments today.

Exciting development #1: The website!

As you’ll notice, this isn’t originally published on Medium. Instead, this is now on a stand-alone site. This case study means a lot and I’m excited for it to have it’s own spot on the internet.

Am I expecting it to really lead to anything? Nope, not really.

But I am excited to have an online journal, essentially.

Exciting development #2: New income source

If you regularly follow this case study, you may notice a new entry below for income. The reason why is because the love of my life and I recently bought investment real estate. As such, we have some new income coming in!

Even better, this is “passive income” since we have a management company in place. To reach the $10K/day goal, it will require more real estate.

Exciting development #3: Websites

I’m investing in affiliate websites. I’m going to start building out more websites that are affiliate sites to start making more of an income there.

It’s actually not dissimilar from real estate. Except, with a website, you can improve the “location” by making it a more valuable website. With real estate, you can’t move that property closer to the beach!

What I’m thinking about today

I’m thinking a lot about real estate and affiliate websites. I’d love to build up a network of ~15-20 affiliate sites. However, for that to come to fruition, I’ll need to invest.

I think investing in Affiliate sites will cost ~$2-$4K/month through all of 2019, and won’t show a return for at least that long. That investment will be in content in order to get the sites growing and generating content. ~10 sites generating $1K/month by the end of the year, which is do-able, would be great.

To do all that, I’m thinking about how I need to be extremely healthy this year. I need to exercise, to eat right, to sleep. This leads to…

How I’m Feeling Today

I’m feeling relatively good. I’m actually operating on very little sleep and have a massive cold.

However, I’m excited to kick some butt in 2019. But I need to take better care of myself.

What I made today

Job: $190

Rental Income: $25

UpWork: $37.50

KDP: $0

Catalant: $1,000

Interview Coaching: $0

Medium: $5

Affiliate sites (1 site): $0

Total: $1,257.50

Today’s pro-rated amount of monthly expenses

Expenses: $375

Today’s Income

Made: $877.50

Feeling good! But this project ends on Friday and that puts me into the red again.

My plan for tomorrow

Tomorrow will involve a lot of phone calls for my big project on Catalant right now. I’ll need to get a fair amount of work done in order to keep things on track with that project.

I’m also making a point of emphasis to go to the gym tomorrow and get some exercise in. Maybe some Yoga?

Not a big deal, but I’ll need to be sharp tomorrow. Better kick this cold so I am.

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

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

Dean Woods is currently a VC-backed startup 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

Wake up & sleep:

Exercise

Stress levels

Diet

My Day Job

Investment real estate

My Actual Business

Side Consulting

$10K/day website

Miscellaneous

Rescue Time Daily Screenshot

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

Today’s Income (pre-tax)

My plan for tomorrow

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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