Yoooooo.
A lot happened this week I'm excited to let you know what's going on.
1. Finished my first project, complete success
I'm happy to announce that I've finished my first project, published it to the world and accomplished my goals
In this
post I published a tool that I created for Chrome Developers to help them find profitable extensions to make. I've also published it on Reddit and a niche Discord. The feedback was great and that was actually one of the goals of this project
Project goals:
- Finish a project and upload it to the world ✅
- Get any sort of feedback, good or bad ✅
I've accomplished this and I'm quite proud of myself.
Now I've completely lost interest in working on this or on Chrome Extensions. The reason being that I want to focus on B2B software.
I see my next project as my first 'real' attempt at a business.
That is, I'm setting the goal to make money now.
Here are the goals for this next project:
- Find a niche and a problem worth solving
((worth solving=stressful enough for customers & competition not too tough))
- Build the project and publish it to the world
- Learn to market and market my product
- Work on this business for 6 months before moving onto the next one
- Continue this cycle until ramen profitability
(more on this later)
- Once I hit ramen profitability, buy back my time and work on more ambitious projects
2. Moving onto learning how to find a problem and niche
The first step in this process will be to find problems and validate that they are worth solving. So I'm going to pour over resources that aid me in this process.
I've bought the below books:
- The Mom Test by Rob Fitzpatrick
- Start Small, Stay Small by Rob Walling
I'm also reading countless blog post about finding problems in niche markets and taking notes on them.
3. Ramen profitability
One thing that I've found great joy in is reading software entrepreneur essays.
In this one by Paul Graham (for some reason the site says it's not secure, probably because it hasn't been updated since the dinosaurs were around) he goes over the concept of
Ramen Profitability. I love this concept.
Ramen Profitability is when your business makes
juuuust enough money for you to cover your living expenses, and therefore, buy back your time.
For a business to be Ramen Profitable to me I need a measly
$1600 in monthly recurring revenue.
Monthly expenses
Rent: 900
Food: 400
Internet: 30
Phone: 70
Laundry: 60
Gas: 80
Random Expenses: 100
TOTAL: 1640 needed per month
Just 1640. 1640 to no longer have to be a slave for a business owner. 1640 to not have to wake up at times my chronotype is not supposed to. 1640 to be able to surround myself with like minded people anytime that I want. 1640 to no longer have to hear my manager bitch about small things. 1640 to not have to worry about my job moving to Malaysia and stressing about how I'm going to make money. 1640 to finally be able to explore this beautiful state, which I can't do because I'm in "survival mode". 1640 to be able to look at myself in the mirror and know that I'm my own master.
I love this concept, if you couldn't tell.
This is my wallpaper:
4. Upgraded my exercise routine
I'm doing more exercises in the morning now. After 3 week of consistently doing the bare minimum to build the habit of exercise, I'm going to start a more complicated routine. I'm really excited for this.
5. Living pay check to pay check and trying door dash
My job was kind and want to say "Happy Thanksgiving!" by not paying us for our day off...
I'm not going to lie, that stressed me out quite a bit because I'm essentially living pay check to pay check while I pay back my friend who lent me the $1500 to move in (Last payment is in two weeks!)
The $450 coming in next Thursday instead of the usual $620 puts me behind on somethings so I decided to do door dash.
I didn't just intend to do door dash, I wanted to do it as perfectly as possible so I was look up guides, writing notes, and literally analyzing those who would do "door dash with me" videos to see how they make so much money.
After driving for over 6 hours I made like 50 bucks. The issue is that people reserve the best times (lunch and dinner) wayyyy ahead of time which leaves me the scraps.
I am ashamed to say that, at one point, I got so hungry and stressed about not knowing where this money is going to come from that I ate someones order and said "F*ck this" and just decided to not continue doing door dash.
I felt and still feel a bit guilty. I've gotten over it because I'm implementing a lifestyle change (more on this below).
Anyway, I think I'll be fine with money, I'll just have to cut cost drastically this coming week which I believe I can do. It's just a bit annoying since I'm the type of guy to eat healthy. I don't know how healthy ramen, eggs, and peanut butter sandwiches are going to be...
6. Mindset change: no more having things that I don't earn
Stealing that poor bastards food made me reflect a lot since I consider myself a moral person and especially because things like that are looked down upon in my religion.
I've decided that the best course of action is to remove "owning things that I don't earn" from my personality.
For example, up until I've decided to make this change:
- I used to pirate books
- I had an unlimited audible account from this girl I used to talk to
- I'm apart of a paid self improvement community because I use my friends account
- I've taken toilet paper from work because I'm too broke to afford it
I don't think these things are very conducive to the entrepreneurship journey. I told myself I do them out of necessity, but really I can rely on myself for a lot of these things.
I've gotten rid of all my stolen books and paid for the two I mentioned above, plus I'm also reading Ender's Game which I bought as well.
I've gotten rid of the audible account (this was the most painful)
Now, I'm gradually going to improve. So somethings I'll have to compromise for now
I'm gonna keep using the toilet paper, I'm not walking around with an unwiped a$$ LMAO.
Until I can afford the community, I will continue to leach.
But you get the point.
7. Imagining my 'higher self'
A lot of reflection also went into the type of man I want to be.
- A wealthy one.
- A moral one.
- A healthy and attractive one.
- The type of dad his son respects and aspires to be like.
- The type of dad that sets his daughter's expectation of how men should act towards her insanely high.
- The type of dad that can spend all his time with his kids, who doesn't have to go to work and be away from them.
- The type of man who creates his own family after the rejection of his own.
- The type of man who can confidently reject the evils of this world (in my view/ my religion's view).
- The type of man who, when a cousin or family member is in the same position that I'm currently in, can house them and serve as inspiration to realize their highest selves.
- The type of man that old friend look at and can't believe this is how I turned out.
I think I'll start growing out my beard now...
8. Joined a group of healthy people
Lastly, I joined a cool group of healthy people. We meet up on Sundays, they're pretty cool.
I like being there because I'm the weakest in the room and so they all serve as inspiration to me.