thought collecting

Yesterday was a pretty big day as Korea advances to the round of 16 in world cup. I believe that only happened a handful of times, and we beat Portugal which is one of the strongest teams. I really do not feel like I am Korean in the way I think and feel, but when it comes to world cup I am a big fan. I suppose my body is Korean and I was born a korean. It is quite redeeming though, as Korea is doing great in the world stages. It does make me feel quite proud to be born a Korean.


On other frontiers of my life, I am doing pretty great, especially on the financial side. On second thought, probably on the health side as well indirectly improving, by not taking harmful substances as much.

So let's start with my wealth. I am finally opening a new airbnb after 1 year of starting the business in January 2022. I don't know why it took me so damn long, but I am glad I finally came around to it. I realize that there was fear in me to starting a new business. Although I like to think of myself as very brave and adventurous, when I had the opportunity around May, I forfeited that chance.

But roughly planning out my future milestones of airbnb business, I believe that by May, my business will be on a growth projection and all will be good. That I will be on exponential growth and the world will be for taking. It will be challenging but mighty worth it. I can finally get a taste of financial freedom. I will have people working for me. I will have my own office. Life will be great!

Now, on the other hand, my social and health side may not be doing so great. I'm not working out as hard as I used to, and I'm barely meeting friends. Not to mention the sti pills.

Those can be easily fixed, however. Maybe not be easy but certainly be doable. I'll find some meetings to attend and really commit myself to them.

A sudden epiphany I had is that life is all about risk management. As much as we'd like to avoid risks, it's unavoidable and it comes down to how much you want to risk things. In general, though the more risk you take on, the more reward you get. I believe that 3 things have a high correlation with reward and it is being one of the first to start something and the second is to risk more, and third is to work hard.











Comments

Post a Comment

Popular posts from this blog

Korean pitstop

     After having spent 1 month in Budapest, I have been summoned back to Seoul. It's been going strong, and it's kind of a bummer to pull a sudden break, but I set up my pieces back in Budapest well, so that things would still move forward without me physically being there. It's almost like I am constantly unlocking new tools.     It's kinda annoying that the set up process is dragging on for so long, but it's a good thing that I have the concessions to cover for the wasted time. Perhaps I should just start ahead of time. Anyway, as I have seen from my charts of exponential growth, if I stick to my simple plan of reinvesting my profits, I will become a multi millionaire. I just have to work on making the systems so the business will flow even with 20~30 units. I will have to spend a lot more time thinking about systems. But if I think about it simply, just copy pasting teams will work as well, on top of some sort of reporting system. Just as I thought in the be...
Read more

Act 3

     I feel that I have entered a new chapter of my life. My upbringing was act 1, and my introduction into business was act 2, then my transformation into a SAAS entrepreneur is the beginning of my act 3. Act 1 was around 25 years, act 2 was 5 years, and now I have spent about 6 months as a SAAS entrepreneur. I feel that a lot more time has passed than it actually has, but yeah it's quite a lot of work. The difference with the airbnb business is that, with airbnb it's limited by things such as physical space and time, for the SAAS business, there's no such limitation. I can put into it as much time and effort as I desire. In the airbnb business, the business is determined by how many rooms I have and how much time has passed. How much work I put into it did not change the revenue. Whereas in this business, if I put in 100 hrs instead of 10 hrs into an app, I would see the difference in revenue. And I believe I met my technical co founder so I'm excited about that. It...
Read more

Where I'm at

So I am in the process of developing a successful SAAS and App. My app currently has 43 subscribers, and it's growing everyday. I think that if I can reach the total addressable market with it, it's going to be pretty significant. On the other hand, I've recently put together a team of pretty smart people to begin a start up. And I half convinced my friend Ayob to join so we're already good to go! If we're going to create a great start up, we're going to need all the best talent we can find. So anyway that's where I'm at. Growing my app, and posing to pounce for a start up. I will make it work out.
Read more