Take off

    I have been here for over a month and it is an odd feeling indeed. At first I felt like I found heaven on Earth, but then it got lonely quickly, and frustration with the slow pace of things here settled in. But I am moving forward with all the shit that is being thrown my way, and I think I am making solid solid progress.

The loneliness of being an Entrepreneur doubled by being in a country where I don't know anyone. However, I suppose I was similarly lonely in Korea.

I do remember that I need to feed my social hunger, just like I feed myself food. I think that lately because of work, I forgot to do that. Or I got caught up with the wrong girl gang. Girls have a tendency to mess you up psychologically.

Either way, I am working towards my goal everyday and that is undeniable. In a way the quiet here helps with focusing, staying single minded. In Korea, I would get distracted by partying and chasing girls. Here as well but to a much lesser degree.

I feel that I am going through a whirlwind of emotions, but matter of fact, my game plan is very simple.

Get to 5 airbnb units, then get to 10, then get to 20, then 50. And then expand abroad to other cities such as Vienna and Prague. Then get 20 units there as well. Simple.

I think it will be grudgingly boring work for like 6 months, then I will start feeling the exponential growth until after 1 year things will just explode.

Even last year, if I made the right moves by hiring a book keeper and all that, things would have worked out. But I learned from my mistakes. 


I believe that hiring a book keeper to monitor my spending will be key to success here.

I think a lot of things are working in my favor, such as meeting Andras, the currency of the country getting weaker, and coming here on the beginning of high season.

Sure, I could find a bunch of difficulties, but I think there's a lot of things that are helping me out as well. So where there is a will there is a way.

I want to get to $20k/month, $30k/month then $50k/month this year. If I stick perfectly to my gameplan, I may be able to get there this year, if not definitely before the end of next year.

I would have passed Ayob and Sean Lawrence.

It will be a lonely journey but I think I'm ready for it.


I need to clean up my room and start working out and eating healthy.

I will need a system for my social hunger as well. If done right, it does not have to be a difficult journey at all.

The future seem brighter and I am ready for it.












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