The $0-$10K/Day Case Study: Update 195

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It’s been a busy week, to say the least.

My focus for a long time has been how to keep things going and moving in the right direction. Today, things are moving and going in the right direction. If you look at the income numbers, they’ve never been better. This is going t be a big month.

However, it’s not without cost. I’m beyond exhausted. I have three clients for whom I am at, at least in name, 40 hours a week. If you throw on the three-month-old baby at home and trying to do a real estate deal, I have a lot of shit going on.

Things are objectively going to plan. I’m just tired and want to be further along the plan than I am now.

Yesterday there were 1,479 days until I turn 30 and need to make $10K a day passively. Here’s how I spent it in pursuit of that goal

The current phase of the plan

I need to adjust the phases because the phases are different now!

Wake up & sleep:

IDK man, I’m tired.

Exercise

No workouts in forever.

Stress levels

Stress was probably 1/5, with 1 being the highest. Busy day.

Diet

Honestly, I don’t even remember what I’ve eaten recently.

Investment real estate

You saw about the real estate above. It’s a bummer.

CCIO: My business

Nothing going on here. This is going to be a huge part of 2021.

Content website business

Nothing, just managing the team.

Acquisition Entrepreneurship

Nothing. Years down the road.

Side Consulting

I’m slammed.

Data Project

lots of work

Market Analysis

Lots of work

Project Support

Lots of time here, and tomorrow is going to be busier.

Sourcing new work

I put together the proposal for that added project I think I’ll sell.

$10K/day website

It’s been a while here, sorry!

Family

Family time with my fiancee at night.

Miscellaneous

Nothing

Rescue Time Daily Screenshot

Started before 6am, ended at roughly 8pm. The day was longer than the 14.5 hours too because that gap at 3pm was a phone call I was on.

What I made today

Current Income  Streams

  • Market Analysis: $634
  • Data Project: $1,000
  • Project Support: $1,275
  • Real Estate Cashflow (13 multi-family units): $65
  • Content sites: $0

Total:  $2,973

Planned income streams

  • My Business (CCIO)
  • Ads on $10K
  • Acquired businesses
  • Coaching
  • Acquired hotels
  • Dividend stocks (especially muni bonds)

Today’s pro-rated amount of monthly & yearly expenses

 

Life Expenses: $100

  • Rent, utilities, Internet: $63.33
  • Phone Bill: $1.57
  • Health Insurance (COBRA): $19
  • Ladder Life Insurance: $0.83
  • TrueBill for Budget tracking: $0.10
  • Car: $15

My Startup’s Expenses: $0.16

  • Bluehost Domain name: $0.16

Health Expenses: $4.20

  • Peloton: $3.20
  • Whoop fitness tracker: $1.00

Productivity Expenses: $2.25

  • SuperHuman to save time on email: $1.00
  • Rescue Time to keep me honest on my productivity: $0.20
  • Fantastical as my main calendar: $0.20
  • Evernote to track everything: $0.27
  • Grammarly to keep my emails looking okay: $0.38
  • BackBlaze to keep my files backed up: $0.20

Consulting Business Expenses: $4.80

  • Quickbooks to track expenses: $0.40
  • Google Business Email Account: $0.40
  • Fiverr for virtual support: $0
  • Hiscox business insurance: $4

Content Business: $119

  • Bluehost for hosting (9 domains): $0.89
  • Bluehost for domain names(9 domains): $0.27
  • Ahrefs for keyword research: $3.00
  • Surfer SEO for content: $6.63
  • Full-time employees (seven writers, one VA to post articles): $109

$10K a day: $1.59

  • Kinsta for hosting: $1.00
  • Bluehost for domain names: $0.03
  • WP Rocket for speed: $0.14
  • Link Whisper for SEO: $0.14
  • Elementor for site design: $0.14
  • Astra for theme: $0.14

Real Estate Investing: $0.52

  • Legal Zoom Registered Agent (all LLC’s): $0.52

Today’s Income (pre-tax)

Topline of $2,973 spent $230, which means….

Made $2,743 (pre-tax)

My plan for tomorrow

Tomorrow is Monday and I haven’t even checked what I have left to do

1,478 days until I turn $30. I’m making $10K a day passively by then

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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