The $0-$1k/Day Case Study: Day Two

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So here is day two and it’s a scary one too. I looked at the numbers and I think I have about one month of cash in the bank. Scary, right?

So…it’s time to figure out how to make things even better. We need to move this in a positive direction, which means I need to sleep a lot less and work a lot more.

Yes, that’s horrible for my health. It’s a bad idea all around.

But I also don’t know of any other strategy than that.

What I did today

Today, I worked a lot for one of my biggest clients right now. Despite working as hard as I could, I couldn’t accomplish what he is looking for. In other words, I’m going to get fired tomorrow morning.

Unfortunately, he comprised ~80% of my income today so that will be an 80% drop tomorrow.

I also applied to a bunch more jobs on UpWork, but none of those turned into a contract offer.

I planned to get up early this morning and write more on eBooks, but I, unfortunately, didn’t wake up early. Tomorrow, I’ll be more than motivated to get out of bed based on the cashflow crunch and the loss of most of my income from today.

What I made today

Job: $129

UpWork: $573.75

KDP: $0.05

Medium: <$0.00

Total: $702.75

Today’s pro-rated amount of monthly expenses

Expenses: $212

Today’s Income

$490

How I’m feeling today

Scared! It was a positive day, but that doesn’t change the fact I’m going to be very negative tomorrow. I still only have one month of cash in the bank

In other words, today’s positivity will be wiped out tomorrow. I need to do what I can to find another client on UpWork and make sure to deliver a fantastic experience so they stick around! Otherwise, I’m in more debt.

My plan for tomorrow

Tomorrow involves getting up earlier, finishing my eBook, and finding a new client on UpWork. I’m hopeful there will be something that comes across the UpWork job slate that looks interesting!


Past Pieces

Day 1

About the Author & The $0-$1K/Day Case Study

Dean’s goal is to create $1,000/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.

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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