Writing practice

I don't exactly know where I went wrong. Perhaps it was going to Bali knowing that I didn't have enough funds. Perhaps it was messing up and buying the wrong flight ticket which made it impossible for me to pay Lawrences monthly due. Or it was just saying fuck it and not paying him at all. Mounting debt. It was easier to just give up on trying to pay that back. It was a loan shark deal to be fair though. I've done a lot of people wrong with money. Lawrence, Karolina, my parents, and my sister. I overpromise and underdeliver. I did go to a great extent with Sean though. For months I've paid half of what I was profiting. Yeah, I don't feel too bad about that one. I know that I am making more money than ever. But it is challenging for me to save up. I do feel decent about paying people and giving them jobs. Also, it provides value for travelers coming to Korea and Bali. It is not all for nothing after all. But I think what pushed me over the line was having no social i...

      When you look at the human brain, you can divide it into two ways. The primitive brain, consisting mostly of instinctive impulses evolved before the second side. This brain is concerned with survival and what works in the here and now. The other side is the logical brain. This evolved after the primitive brain, and it is what makes humans human. This human brain allows us to see further than what is in front of the eyes. This allows us to plan and see the bigger picture. Let's say someone said that if I don't eat the candy in front of me for 30 minutes, he will give me 3 more. The primitive brain will want to eat the candy in front of me. The logical brain will wait 30 minutes and have 3 more candies. And then enjoy the fruits of my patience. However, it is far too easy to get caught up in the primitive impulses. The primitive brain is hardwired into the brain, and in a way, it creates stronger impulses than that of the logical mind. We can get obsessed with what's ...

 I am pivoting my business model in major ways. Just like it worked out for Marriott Hotel, I hope it works out for me as well. We are going from a rental arbitrage model into a property management business model. At least, for the business in Korea. And we will continue expanding the arbitrage model abroad. I am thinking Bali, Japan, and Dubai. So it will be a hybrid model. Similar to that of McDonalds or Marriott. (Selling their franchise service, but also doing real estate). I need to do more research on property management. The first Airbnb in Bali is turning out to be a bit of a flop because I did not do enough market research prior to jumping in. It still paved the way to creating a system, so it was not completely bad. However, in hindsight, I see that a lot of things could have been done better. I want to make sure not to make the same mistake jumping into the property management business. In hindsight, I got very lucky with my first few Airbnbs. I think that truly putting ...

          It's been almost one year since I created this blog, and oh man a lot has happened since. I've achieved what I thought was an ambitious dream, making $10,000 per month. I had blind faith in my ability to make things happen, but it was also a dream that I wasn't sure if it would actualize in the real world. Last month, October was when it happened. I made $23,000 in revenue and $10,000 in profits. I actually made $10k in profits. I remember asking my mother one day when she thought I would be making $10k/month. Her response was that many people never achieve that kind of income. I was determined to prove her wrong. I felt confident that I could hit the milestone. It was not easy. I was good at creating systems to run the business without having to do too much legwork myself. I was a master delegator. The business ran like clockwork since the beginning. I delegated most of the work to different people, but there was one thing I could not delegate. T...