First Month Retrospective

Intro

It’s been one month since I started working on my side projects full time. I’ve learned some things in this month. I’m not sure if any of these will be helpful to anyone since everyone has their own situation, but I hope something will be helpful to someone, somewhere.

Time

Having all your time back isn’t all it’s cracked up to be

I thought that regaining back my hours of the work day (9-5) would allow me to feel that time is abundant. I was wrong. While it’s true that I get to decide what my hours are spent on, that doesn’t mean that they are spent better. A lot less time spent at a desk, but a lot more time on Netflix.

Night ?== Day

One of my friends asked me how my days are structured. I replied: “It’s like summer vacation, but worse.” For those of us who haven’t had a summer vacation, it basically means that all the days and hours blend into each other with no one hour being more important than any other.

I attempted to set up a schedule with Google Calendar, but I found that it was much too rigid. Next month, I’m experimenting with a more fluid schedule that enforces the number of hours worked, not when the hours are worked.

Money

Budgeting

I started a budget last year. It’s been a phenomenal help to me. This month I spent what I considered to be “very little”, but I was still surprised by how much I spent at the end of the month. When moving your side projects into full time gigs, you need to calculate “runway”. I know mine, but let’s just say I’ll be eating rice and beans for the next…while.

my spending in june vs july

Spending in June vs my spending in July; still higher than I would have liked.

No Paycheck

My first month without a paycheck was interesting. One gets used to a certain standard of living when every two weeks money magically hits your bank account. I’ve really been able to reflect on what I need, and what’s worth abandoning. This quote from Nassim Taleb sums it up beautifully:

‘The three most harmful addictions are heroin, carbohydrates, and a monthly salary.’ – Nassim Taleb

Making Money from…something?

My initial goal was to work on my YouTube presence until I started being visible to sponsors. The goal would be to continue putting out content I enjoy creating, and live off of ad revenue and partner opportunities. If this month has taught me anything, that is a long way off from happening. In the meantime, I’m considering freelance opportunities and keeping my ear on the ground for opportunities that are remote and part time.

Inspiration and Motivation

It’s tempting to just “wait” until you feel so inspired to be productive. Unfortunately, inspiration rarely follows any logical schedule.

Cognitive Dissonce Hurts

I recently learned a new word! Akrasia. Akrasia is a Greek term for “the state of mind in which someone acts against their better judgment through weakness of will”. Basically, Akrasia is when you have a feeling that you should be doing something, but you’re not. You should be mowing the lawn, but you’re on Reddit. You should be working on that React Native app, but you’re watching The Office again.

Akrasia: “the state of mind in which someone acts against their better judgment through weakness of will”

When you have a boss, you have performance reviews, you have entire teams of people tracking your output. When you’re on your own, you become the manager and the managed. The only way to get something done is to do it. Simple as that.

Consistency

Showing up every day. Compound interest. Garbage in, garbage out. Don’t skip leg day. Building a business is a marathon, not a sprint (or at least, that’s what I’m telling myself).

compund interest

Compound interest doing its thing! Snapshot of July from my Youtube analytics page.

Authenticity

I’ve always been a closet nerd. I own six Hunter x Hunter shirts. I spend a lot of my days on YouTube watching One Punch Man and DBZ reruns.

But since I’ve always “disliked” that side of my personality, I haven’t been able to integrate that into my work. I hope to change this next month, to be able to release content that is true to my soul; and non apologetic.

Habits

Exercise

This one is huge. Exercise truly is what it’s cracked up to be. Stressed? Jog for a bit. Tired? Knock out 15 pushups. Need a morning routine? Head to the gym.

Exercise feels like a Swiss army knife and has become a core part in my routine, and helping me maintain a level head and getting me swolleeee.

Omega 3

The science isn’t conclusive, but I can say that taking omega-3 supplements have helped me feel less lethargic and more motivated when I would normally fall into patterns of depression.

(I’m willing to acknowledge that maybe it’s a placebo effect ¯ \ (ツ)/¯)

Sleep

My sleep hasn’t been great. I’ve been able to sleep in, but I’ve been getting to bed too late. It’s incredible how an entire day can go by without a single good idea, but then 2am hits and the mind becomes a F-35.

Reading

I’ve been able to read a lot more, which is awesome. My favorite reads this month were Skin in the Game by Nassim Taleb and Hitchhikers Guide to the Galaxy, for entirely different reasons.

Regrets

Still none…well no major ones, at least. I do miss the snacks in the office.

Wins

  1. Podcast with Max Hertan
  2. Finished my portfolio
  3. First stream on Mixer
  4. 24 subscribers (small, but a big deal to me!)
  5. Daily* conversations with my friend Ulrik, keeping me both grounded and motivated

*okay, maybe every other day

Losses

  1. Still no solid niche idea for YouTube
  2. Still spent more money than I would prefer to
  3. Too much time spent unfocused, neither resting nor working; just upset and unfocused

Plans for Next Month

  1. Find a monetization strategy to help propel business (profit first!)
  2. Find a mentor

Conclusion

I like the feeling of control. This world has so many incalculable variables, it’s a fool’s errand to try and control everything. But there are some things I can control. My time, how I spend my money, appreciating who I have and what I have.

This month has taught me a lot about self-reliance. I’m excited for the next one.

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