Thankful for all the fortune and relationships this year. Thank you for coming along on this journey to make more than a doctor. This month I will have reached $100,000 in sales in just under 3 years since starting my business. 2023 is going to be about getting out of debt and building the foundation …
I’ve been thinking about money lately. Why was it invented? What problem did it solve? My entire life it was just another normal facet of life. It is up there with oxygen, food, and shelter. I cannot live in this world without it. Some say it is a tool. For what exactly? They say you …
They say nobody can predict the future. But people do it all the time. We just have to look at it differently. There are some simple questions we can ask ourselves like: What will my business look like ten years from now? Or what business is no one creating? Then try to make it happen today. …
Try This Thought Experiment to Predict the Future and Make Your Million Read More »
I’m feeling antsy. I’ve been pacing around my dining room this Sunday morning and decided to write a post. I’m about to launch a product that I essentially half-assed. Of course the voices are telling me it won’t sell. That I just wasted eleven thousand dollars of my own money. Two-thirds of the money I …
Remote work is the best decision I ever made. I’m a huge fan of Tim Ferris’ The 4-Hour Workweek. When I first read the book, a magic portal opened inside my mind. I saw the path to financial freedom open before me. By avoiding the prying eyes of management and coworkers, I knew my lazy …
How Triage Skills Can Land You a Dream Remote Work Job Read More »
I just had a meeting with my CPA and his report is showing that my monthly profit this year is stabilizing at a solid three to five thousand dollars a month. I’ve only had a day to absorb the deeper meaning of this number. It has been three years since I started my business and …
I’ve copyrighted an image of an NFT, registered a trademark of a new business, and now proceeding with utility and design patent applications for a new product. Do I think this was all necessary? Not really. The only item absolutely necessary was the trademark registration so I can create a branded listing on Amazon. From a …
The Street Lesson of Copyright, Trademark, and Patents Read More »
I bought a 3-D printer two years ago. My goal was to create a medical training product that was modeled after a real medical device. After finding the right people and learning the basics, I’ve successfully printed and sold about 200 of these products for a profit of about $50 each. That’s a total profit …
As an Amazon seller, I look for products that have a profit margin of 100% or better. I basically run the cost-of-goods-sold (COGS) calculations in my head and if I’m not doubling my money, I let the product idea go. The reason for this clear line is that I take into consideration how much personal …
Money is everywhere. How do some see the diamonds where others cannot? On July 27th, 1981 Bill Gates walked through airport security with a bunch of floppy disks rubber banded together. During inspection he warns the airport staff to be careful with it because it’s worth millions of dollars. I’m paraphrasing here but he had …