What I did today
Today definitely felt more like an “investment” day. I spent a lot of time working to get things done, but didn’t make a lot to show from it.
For example, I spent a few hours formatting my most recent ebook to put onto KDP. I won’t make a lot from it, it’s actually free for a few days if you want to read it, but it took a couple of hours to do. My hope is that, with ~150 ebooks, there will be some people who follow my writing and read a lot of my books. But, that’s a long time away. So, investment.
Similarly, I spent a lot of time today on projects that won’t lead to an immediate payoff. For example, I’m working on some larger projects for bigger clients that will pay upwards of $1,000. So, the payoff one day might be great, but I won’t make money until then!
I also applied for a bunch of roles, which involved taking a few writing tests to see if I could write well enough for them! We’ll find out if that’s the case!
I’m not sure what is better, a big project that gets me a big payoff once a week, or a lot of small projects that get me paid every day. I’ll try to figure that one out.
What I made today
Job: $128
UpWork: $45
KDP: $2.09
Coaching: $0
Medium: <$0.05
Total: $175.09
Today’s pro-rated amount of monthly expenses
Expenses: $212
Today’s Income
NEGATIVE. -$37
How I’m feeling today
Similarly to Day four, I felt okay about the time I’m spending to invest in these bigger clients but I’m still a little nervous about being negative each day.
I’d love to have an easy way to make ~$50/day without much effort so those days wouldn’t be negative. Will see what ends up happening.
My plan for tomorrow
This piece is being published a bit late, so tomorrow is actually already here. Today is going to be a big client day (meaning working for bigger clients), with hopefully getting paid from one of those clients today. Fingers crossed-we’ll see what happens.
Past Pieces
About the Author & The $0-$1K/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 reason he writes brief posts here every day on Medium is to share his progress and his struggles. You get the unvarnished truth: what worked, what didn’t, and how much farther is there to go.
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 Marketer by day and an entrepreneur by night. Prior to his current job, Dean was a top performer at a top management consulting firm. Dean graduated with honors from The Wharton School.
