D
DeletedUser397
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Making a progress thread seems to be a good way to stay on track with my Fastlane goals. First off, here’s a link to my introductory post.
I’m still reading the MFL book. While it’s an easy read, I’m taking it in chunks and reading over some sections several times to really grasp the fastlane way of thought.
I have a 'big project' that requires a patent and substantial resources (time for research, coding, etc.), which I don’t have much of at the moment. I’m saving 80% of my day job income for the patent, but that’s not nearly enough, especially if I want to also quit and work on the project full-time.
My plan is to get generate passive income streams, to eventually match or beat my monthly job income, so I’ll be able to quit my job within the next 8 months to 1 year.
I’ll make side income streams from selling digital products online. I’ve done it in the past – making about $15k off an ebook that I wrote in 2 weeks and sold with little to no marketing, and just a basic 1-page website. I was dumbfounded by the response, but rather than keep going, I quit early and just burnt the money … and shortly after the money was gone, my site got hacked and I felt too defeated to start over.
It’s been about 4 years since I sold any digital products online, and since then I’ve spent a lot of time wishing, thinking about what I should have, could have, or would have done differently. I’ve built up some products, but I haven't fully completed any of them through to the selling stage. I have a lot of great ideas, none of which mean crap if I don’t actually sell them.
I'd like to keep track of my progress as I launch each digital product (I'd like to launch a few), up to the point where I finally quit my job and begin work on my 'big' project. One problem I often have is getting distracted with multiple projects, so rather than write out several goals, I'll write one, follow through to completion, and then write another. I already have my long-term goal in mind.
Goal / Challenge #1
I’m still reading the MFL book. While it’s an easy read, I’m taking it in chunks and reading over some sections several times to really grasp the fastlane way of thought.
I have a 'big project' that requires a patent and substantial resources (time for research, coding, etc.), which I don’t have much of at the moment. I’m saving 80% of my day job income for the patent, but that’s not nearly enough, especially if I want to also quit and work on the project full-time.
My plan is to get generate passive income streams, to eventually match or beat my monthly job income, so I’ll be able to quit my job within the next 8 months to 1 year.
I’ll make side income streams from selling digital products online. I’ve done it in the past – making about $15k off an ebook that I wrote in 2 weeks and sold with little to no marketing, and just a basic 1-page website. I was dumbfounded by the response, but rather than keep going, I quit early and just burnt the money … and shortly after the money was gone, my site got hacked and I felt too defeated to start over.
It’s been about 4 years since I sold any digital products online, and since then I’ve spent a lot of time wishing, thinking about what I should have, could have, or would have done differently. I’ve built up some products, but I haven't fully completed any of them through to the selling stage. I have a lot of great ideas, none of which mean crap if I don’t actually sell them.
I'd like to keep track of my progress as I launch each digital product (I'd like to launch a few), up to the point where I finally quit my job and begin work on my 'big' project. One problem I often have is getting distracted with multiple projects, so rather than write out several goals, I'll write one, follow through to completion, and then write another. I already have my long-term goal in mind.
Goal / Challenge #1
- Deadline: August 15, 2011 (21 Days)
- Objective: Refresh, re-create, launch, and completely re-market original digital product. Make at least 1000 sales within 90 days of launch date, with a profit margin of at least 75%.
- Action Plan: I need to outline the product, the marketing, and the website structure. Then I need to create a full schedule and dedicate some time each day/night to completing the tasks I set out. Sticking to the schedule is crucial. One of the most important things will be to not seek perfection now, and do 'enough' to get the product out by the deadline, and allow for revisions post-launch. To see it through to completion, I just need to keep reminding myself that I've done it before, and the only thing that can get in the way of me from doing it again is myself.
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