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Work Accountability
Posted on August 3rd, 2009 No commentsWork Accountability – The new mlguenther.com
I will be doing something much different with this blog than I had originally set out to do. Rather than provide advice and thoughts on entrepreneurship and business, I will be creating accountability for myself, and allowing any readers to learn from me and my mistakes.
I will be posting a weekly report of the statuses of the businesses and projects that I am working on, hopefully along with small pieces of advice and articles so that other business owners and budding entrepreneurs will not make the same mistakes that I make and have made. I also hope to inspire others and provide the insight that I would have loved to have when I first started.
My goal with all of my businesses and projects is to create a completely automated, passive source of income. I was inspired by a few people, most notably Tim Ferriss and Pat from Smart Passive Income.
Here is a current list of the businesses I am running:
My Supplement Life – A website that offers a small range of supplements for a niche health market, originally designed to be a community where people could discuss herbal supplements and get new news and information relating to this.
Concrete Rings – The first business I ever started. I designed and manufactured a ring that has an inlay of concrete. The website is still up and I still sell rings, but I have not done anything on it in months. Hopefully this can change. I really liked the concept minus some of the manual labor, such as the polishing and mailing of the rings.
Enduraboost – Enduraboost is a supplement that I plan on tying into the My Supplement Life website. It is a unique supplement specifically designed to increase endurance in athletes. This is a true passion of mine and it holds a lot of value in my mind to succeed at this, but it is one of the most difficult and expensive businesses to do, causing me to move really slow on this one.
Banking – This is a really cool opportunity that I was given. It is basically a commission based loan officer, but customers are provided to me. It is a fantastic bread and butter job that just kind of fell in my lap. I hope that it turns out to be as good for me as it is for some of the guys in the office.
Here is a current list of projects:
Get on our level – This is a project that I am really excited, but skeptical about. I teamed up with an SEO savant and a couple other really smart guys who are planning on creating websites based on search engine keyword interest. As visitors go to the site for the content they are specifically searching for, advertisements and affiliate programs will be offered and revenue generated from that. I am excited because it is a great concept and the people I am working with are absolute geniuses, but I am skeptical because I have never personally seen this sort of thing work before. I will be helping with content and wordpress maintenance.
Video-fight site – This is a website based on a popular search term that is very underutilized. I decided to create a niche website with a bunch of great videos of fights, anywhere from school fights, to girl fights, even professional mma fights. It will essentially be a youtube for a niche audience. We will be incorporating news and blogs that will create additional content. Making people want to return to the site for more, essentially creating a community, I am working with my good friend Nick on this.
My next post will be my current earnings and specific goals for each one. I will try and break the goals down in a near term and long term format. Then I will state my goals to be completed by the next weeks post.
Every week I will also try and post some of the articles that I read that help me out.
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If you‘re new here, this blog is about my trials and tribulations with entrepreneurship. I also write about lifestyle design (doing more of what you love). Feel free to get caught up by reading these: