What I did today
Today was a busy day at the day job so I did very little on the side. That’s not great, for a lot of reasons.
One thing I did do was invest in my websites. At the end of the day, what makes a website grow is content. I don’t have the time necessary to write 200,000 words of content for every site in order to make them grow a fast as I would like.
As a result, I’ve moved a bit towards paying people to write content for me. I invested ~$120 today in people writing content for me. Overall, I’ve found it to absolutely be worth it. The content is relatively inexpensive, and generally good quality.
For example, I could pay someone to write a blog post for me for $35. That post would have taken me ~2-3 hours to write. In essence, that would have valued my time at $17.50/hour if it took two hours.
I’d love to value my time at more than that per hour though. So, I have no problems paying someone to write content for me at that rate because it frees me up to do higher-margin work.
What I’m thinking about today
I’m thinking about how to scale these websites. I have two that I’m working on now, so I’ve been doing research on how best to scale them. I’m thinking that if I invest ~$2K into them, I should see somewhat of a return. As a result, I’m trying to invest that into my sites and I’ll see what happens as a result.
How I’m Feeling Today
I’m feeling good. I’ll keep chugging along here. It really does feel freeing to have help from other people on the content, even if I do have to pay for that help!
What I made today
Rental Income: $25
Interview Coaching: $0
Affiliate sites (1 site): $0
Today’s pro-rated amount of monthly expenses
My plan for tomorrow
I’m now officially done with one of those Catalant projects that bring in the big bucks! I neede another one ASAP!
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.