What I did today
Today has been good. It’s actually probably going to be a normal day for the next ~6-12 weeks or so.
I woke up late with my fiancee and got to work on my end. I did some consulting pitches, then some consulting work, then worked on publishing more content for my websites.
When I wrote this case study yesterday, I wrote that I didn’t know if Coronavirus would impact the consulting business. The short answer is that I still don’t know how big of an impact it will have, especially over the next few months.
What I do know is that I sold a few more projects in the past ~24 hours and I should have some work to keep me busy over the next couple weeks. That’s what I’ve really been focusing on.
I also should have much more time to focus on my websites, which is exciting. I’m hopeful that the next 6 weeks will give me the amount of time to get these websites up and running. I need these sites to get to 200,000 words of content. If I have lots of free time at home, then it will be much easier to get these sites to that level of content.
What I’m thinking about today
I’m thinking about something brilliant my fiancee said earlier today.
Our plan, as readers of the case study would know, is to buy as much real estate as possible to get cashflow.
However, she mentioned that it makes a lot of sense to instead invest in the stock market. The market is crashing, so an investment in the market made ~2-3 months from now, then held for ~2 years, would probably have a greater ROI.
She’s right, so my goal now is to hit as much as possible on the consulting side of things so I can buy stock in bulk, then sell that to buy real estate.
What I made today
Rental Income: $25
Interview Coaching: $0
Affiliate sites (2 sites): $0
Today’s pro-rated amount of monthly expenses
My plan for tomorrow
Some consulting work, a lot of website work.
I’d love to get my two sites both above 100,000 words published by the end of the month.
Let’s see if we can get there.
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.