Scaling Up From Rags To Riches

in #money5 years ago

Post originally published at:
http://bythespanishlagoon.com/2019/07/11/scaling-up-from-rags-to-riches/

gautier-salles-7r9sOdNd81k-unsplash.jpg

We were having our last lunch together a week ago in Malaga when he suddenly said:

“I don’t know why I’m so … Ambitious. What we have right now should be enough for a comfortable and pleasant life, but I just want more.”

It’s actually a good thing that Juan has ambitions as I lack them for the most part. It’s him who is making sure I will perform better by talking about how we can have a better life in the future . And it’s him who was telling me for weeks to start this blog, and also all the times reminding me to write more. I really need that push.

We have been talking about what we want for the future, and for the most part, we got our plan ready.

It’s got nothing to do with olive trees, but with real estate. A five holiday rental studios here in Costa del Sol. Plus us living in our very own apartment in the Malaga city center.

Time frame?
Ten years.
Ambitious?
Yes.
Possible?
Let’s make it possible.

It makes life easier when we have mutual goals, and luckily, for the most part, we agree on things.

I’m pretty good at saving money, but he is incredible in that, so it’s him who keeps me checked that I don’t go over the board with things. The first task that we are going to do when he comes back is to open a mutual savings account and start to build up our to be an empire that will allow us to live in the best city in the world.

What else we need? Definitely, a scale-up plan where we will make calculations and predictions for the rest of the year and keep checking the progress monthly.

While I have been drafting the excel for this, I realized that I should scale-up also this blog from rags to riches. In that way, it makes it easier to write and focus on clear goals for the current trimester.

Scaling up is actually a business practice, but you can use it for almost everything, and it’s pretty straight forward for the most part. This trimester has been going on already for 12 days, but it’s okay, never too late to start.

First, you are going to have a meeting with yourself or with your blogging partner/partners and set up goals for the next trimester. For my blog, the goals are going to be:

-Two blog post every week
-Three new followers with every new blog post
-40 visits during the first 24 hours after publishing the post
-0.15 USD income per a blog post from Steemit

Then you need to think about how are you going to execute these goals, and are they doable? Do you have time for what you want to achieve? What do you need to do?

Then you are going to fill up google sheet /excel/notebook with these goals, and you will set up a meeting with yourself or with your team once a week and look what you achieved last week. That way, you will keep track of things and make sure stuff gets done. If you do not put effort into your goals, your weekly column will show it to you really fast.

You will keep doing this weekly until the end of the trimester. Then in the end of that trimester you can review what you have achieved, what you have learned, where you failed, and where you won.

Then if you wish, you can set up new goals for the upcoming trimester and repeat the same process or keep working with the same goals with updated numbers.

If you are wondering where this system is from and if you can do some reading related to this, the answer is yes:

“Scaling Up: How a Few Companies Make It…and Why the Rest Don’t (Rockefeller Habits 2.0) ”

In my honest opinion, this book is excellent, and you can use the methods for anything, not just for running a business. We are surely going to use them for our savings account and our finances in general as we need all the help we can get.

I’m going to update my progress with my blog end of August, and I would love to hear if you are planning to do a similar system or if you already have some other type of system going on?

Let me know 🙂

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Well done with your plans. You will make it. Be patient and persistent. Don't sell your future out to bad debt.

Posted using Partiko Android

Thank you! Yes, we will and with minimum bank debt.

Come and check out some more tricks you can use to maintain your financial and life independence at https://www.beunconstrained.com

Engaging with other users is really important especially. A lot of the times when you make a good comment under someone else's blog, it often raises curiousity to go check your own profile also.

Btw, there are some communities forming that use their own token and have their own front-end to filter content around a specific topic, like PALnet. I'm mentioning PALnet, because it is not focused around anything specific, so you won't get downvoted for abusement. You can just use the tag 'palnet' in any post and it will earn PAL - which is the token used in PALnet. When you earn PAL you can stake it similarly to Steem.

The way how voting works with multiple tokens on default is that it doesn't matter in which front-end you'll cast your vote - they're all tied together. Votes from PALnet will also cast a Steem vote and vice-versa, given the post has these community specific tags.

Posted using Partiko Android

I missed you comment for some reason! Yeah I'm doing that on WordPress, but I need to definitely do it more here also. Hey thanks, I Will definitely use the planet tag in the future! How I can manage my tokens? Do I need to log somewhere?

Palnet, not sure if you just had a typo :P

All these new tokens are based on Steem-Engine, so you can manage them in steem-engine.com where you can trade, claim and also stake tokens. Of course, claiming rewards and staking is doable in palnet.io, too, by logging with the same Steem account credentials as in Steemit. Though I use Keychain extension which is really convenient.

Hahah! It's my phone, God dammit autocorrect! Thanks for the additional information, it's amazing how much have changed here in 4 months and I feel like a total newbie

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