I want to have contract work right now.
I mean, why not?
If you look at these case studies, it’s easy to see that the vast majority of the money I’ve made on the side is through consulting. The majority of my clients are Fortune 500’s, big time financial institutions, or start-ups. They pay me a significant amount for the time.
In a way, it’s a bad thing. I really don’t want my income to be coming from a world where I trade my time for money. That’s not scalable, and it doesn’t allow me to make $10K/day at 30.
There’s no way I’m making $10K/day at 30 by trading time for money. It has to be coming from real estate and other businesses.
So why do I want contract work?
Because interest rates are low as hell right now.
I want all of the consulting and contract jobs I possibly could have right now. I want nice, big, thousand dollars a day projects so I can buy those 49 units I have my eyes on. The more projects I have, the better.
This led to my realization: I’m good at consulting work, and I get paid well from it. At least, when the world isn’t in the middle of a pandemic.
So, shouldn’t I keep doing these other revenue streams but “double down” on consulting?
Right now, my consulting clients come from platforms that connect me with the hiring manager. It makes it a lot easier for me because they’re bringing me clients who are hiring right now.
But, what if I could also source my own clients?
That would be helpful and will enable me to bring in more revenue.
So, I’m applying right now for contract jobs to do more consulting work right now.
But, I think I could do even more.
Fast forward until I leave my day job. I think at that point, it would be worth advertising myself as a consultant. I know of a great company that would help me in soliciting pitch calls for work.
I know of a great software (I actually talked to these guys for a full-time job, back in the day) that will allow me to manage my freelance consulting career.
I know of another software that will help me get my name out there.
So, I’m excited about maybe working as a self-sourced consultant as well!
What I did today
Wake up & sleep:
Fairly standard sleep and recovery for the past day. I went to bed at 11:23 and woke up at 7:46AM for a total of 8 hours and 4 minutes of sleep. MMy recovery was only at 50% though, which is much less good!
No exercise yesterday. Tomorrow needs to be a big exercise day.
Coffee in the morning and a frozen pizza for dinner. It’s also not great….no gaining weight for this guy!
My Day Job
I had a couple of meetings on the day job, but nothing crazy
Investment real estate
Very little action here. I still have my eye on those 49 units.
I added new categories to all of the existing eBooks, which hopefully should help them get found more easily in the Amazon store. That’s an important thing because it means my work will get paid for.
Amazon Affiliate Websites
Published about ~8,000 words today, which I think is my highest published day ever. If I keep this rate going, I’ll have a couple of really nice website businesses in a year or so.
I applied for a few gigs and brushed up my resume, but no work here.
Lots of time with my fiancee.
What I made today
Rental Income: $33
Amazon Affiliate sites (2 sites): $0
Today’s pro-rated amount of monthly expenses
Once I pay off my debt, I’ll break out expenses into a line by line as well.
My plan for tomorrow
- Publishing content
- Publish an eBook
- Try to find some consulting work
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 an 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.