Hi my name is Brandon and this is my financial and investing blog!
A little bit about myself, I am a 22 year old college student, studying in the engineering field. I currently invest in ETF’s, stocks, 401k, and peer-to-peer lending. I am looking into real estate investing, options trading, and drop shipping in the future.
If you haven’t heard yet, I am interning at Premier Roofing Company in Kansas City as one of their sales reps this summer. This is far different from my previous co-op (Samtec, various engineering positions) and my internship (Caterpillar, manufacturing engineer). So far, it’s going well, I have learned the sales script and I am currently assigned to 3 blocks of a street which is about 92 houses. I was training with my supervisor from Tuesday to Thursday out on the streets going door to door and inspecting roofs. We made a sale on Tuesday and Wednesday but had no luck Thursday. Today (Friday May 18, 2018) was my first day out on my own for my current territory. I hit the streets at 2pm and went through any remaining houses that we have not spoken to the owners yet out of the 92 on my list, I made it through the first round of door knocks by 3:30 and I had time to kill and I went down the street to the local Starbucks and got to use the Wi-Fi. You quickly realize how much you take Wi-Fi for granted when you don’t have it and neither does your place of work (the streets that is, the office has Wi-Fi). I was back out on the streets at 4:30ish and did another lap through my territory and I was able to inspect 2 roofs, 1 had appropriate damage and 1 was essentially brand new, a 1-year old roof. Couldn’t close the damaged roof and we will follow up with that customer in the coming weeks. I did have 3 major downfalls today, 1.) a potential sale said that her and her husband wanted to wait on filing the claim, 2.) I tried to get my yard sign in the yard of one of the roof’s we inspected with a woman waiting to file a claim and she did not let me put the sign up, 3.) a house that we got approved by the adjuster to replace, her neighbor that shares the garage with her didn’t even want an inspection so that will cause some headaches in the future.
Anyway, looking ahead, I have this weekend with my 3 blocks still, we are approaching the 80% saturation rate we are looking to accomplish. I believe I counted 32/44 house saturation on my first section of the neighborhood. This comes out to 73% saturation and I am at 6 door knocks for most of my houses, so we’ll see what this weekend brings. They are calling for scattered thunderstorms for Saturday and Sunday which could cause some issues. Hopefully I can close some deals and start boosting up this next upcoming paycheck. My first paycheck comes in Friday which includes my training flat rate and my 2 sales with my supervisor. My next paycheck currently only includes the training flat rate.
With the end of the month soon approaching my credit card bill is due as well as June rent, on the Brightside my roommate gets here Sunday afternoon, so I will have someone to talk to and do things with.
Continue to look for updates about my internship, the stock market, and what I am reading/reviewing. I am pushing and shoving this summer and I finally got settled into my job and the apartment and everything so it’s going to be full speed ahead from now on.
If you have any tips on getting off work on a sales job of this sort, please let me know! I have tons of other commitments this summer, however, everything is on the weekends and that is my prime selling time. I know I won’t be able to go to everything and see everyone but there are critical times that I need to go attend to other business and my hope is to outperform all my peers in this job and that would give me some leeway with my schedule.
As always, thanks for reading and leave a comment below!
Hey everyone, sorry I haven’t posted in awhile life has been hectic per usual and currently trying to adjust to my new schedule, job, location, current living conditions etc. all at the same time. I’ll get into that at the end of this article but first let’s dive into what brought you here today.
My previous goal review post left you all with this update
I made some progress in the last portion of April despite initiation, classes, tests etc. and I ended here.
Main differences are a small bump in visitor s and IG posts however both fell short of their mark. Side money dropped significantly because I included my losses from options trading. I pumped out another 3 blog posts and 2 more clicks on amazon affiliates which was amazing to see.
All things considering, I would call that a strong finish to April considering what all was going on. Now let’s get to May and how crazy this month has already been. Here were the goals I set out to reach.
All of these were like what I have been striving to do this entire year nothing out of the ordinary, but wow did the train get derailed or what. First, I had dead week and finals coming up in early May both of which are incredibly strenuous and busy with schoolwork, tests, projects all coming down on the final two weeks of class along with all the social events of initiation, 21st birthdays, senior wills etc. etc. Then there was moving to Kansas City and my internship. Both of which have been huge adjustments. For one I have had all sorts of problems with moving into my apartment (had to do that a day late and ran errands all Monday to get that sorted out.) I still do not have Wi-Fi in my apartment, so I am writing and posting this article at a McDonald’s booth. My new job is very different from anything I have ever done in my life. Door to Door sales is in a world of its own and after completing my first actual day on the streets I can say without a doubt that I need to practice more before tomorrow’s door knocking. This has required lots of training outside of my working hours which cuts into Bsquared time. After all of that considered here’s where I’m at.
This was updated as of tonight and reflects the two weeks I have put into these goals. Unfortunately I did not make it as far as I wanted. I also don’t know how much I can progress this summer, I am hoping that once I get the internship down and I have less memorizing and practicing and some Wi-Fi in nmy apartment I will be more effective in my blogging world. I also plan to bring what I have gained and learned from this internship to my viewers and try to bring some value to your experience here on this site.
I just got done reading “Crush it! Why NOW is the Time to Cash In on Your Passion” by Gary Vaynerchuk and while the book is a little old I really enjoyed it. It was published in 2009 which is ancient in terms of social media. The concepts however still exist, and it is a great viewpoint of emerging platforms coming into the scene which may help you catch the next big wave in the social media world. Without further delay let’s look at it!
Chapter 1: Passion Is Everything
In this chapter Gary Vaynerchuk describes his previous endeavors and what it took him to get there. He describes his three rules he lives by.
Love your family.
Live your passion.
These are his guidelines which have proven effective and have made him happy in his life. “Since the only investment it takes to use these sites to grow a business is ridiculous amounts of time and hustle, these platforms are open to whoever has got the chops to get in the game.”
“Social Media = Business Period”
An important lesson to take away from this chapter is “No matter how successful you get, you can not slack off or the grass is going to grow, the paint is going to peel, and the roads will start to crumble. Stop hustling, and everything you learn here will be useless. Your success is entirely up to you.”
Chapter 2: Success Is in Your DNA
This chapter essentially can be summed up as stick to what you’re good at and “you gotta be you”. We also get a little perspective from GaryVee and his younger years of trading baseball cards and learning about the wine and liquor store business. “I knew from my experience with the baseball card business that people want to be told what’s good and valuable, and that they enjoy feeling like they’ve been turned on to something not everyone can appreciate.” This quote is then followed by, “storytelling is by far the most underrated skill in business.” I believe this to be very true, having good story telling skills, communication skills, being personable all helps in the world of business.
Chapter 3: Build Your Personal Brand
“Wine Library TV was neve about selling wine on the Internet. It was always about building brand equity.” In this chapter GaryVee talks about how to build your personal brand. While explaining why authenticity is key, how quality filters people out and the cream always rises, and how your personal brand is the same thing as a living, breathing resume.
“Developing your personal brand is key to monetizing your passion online. Whether you’re delivering your content by video, podcast or blog it’s the authentic you, the one thing that is guaranteed to differentiate you from everybody else, including those who share your niche or business model. The thing that most people don’t realize is that in today’s world your business and your personal brand need to be one and the same, whether you’re selling organic fish food or financial advice or jus your opinion.”
Chapter 4: A Whole New World
In this chapter GaryVee talks about the evolving world and how being innovative and adaptable to the circumstances is going to allow many more opportunities than the old style of business. He describes how you need to plan your future. How you should start building your brand equity and work on things on the side, which we will get to in a minute.
Chapter 5: Create Great Content
“To monetize your personal brand into a business using social marketing networks, two pillars need to be in place: product and content.” To do this you really need to know your stuff and be constantly absorbing information and content about your subject. GaryVee suggests that you need at least 50 blog topics that you’re amped to write about to get a feel for the situation of your blog. Then you need to tell a story about the topic. “Tell me your story, and if you’re good, I’ll come back for more.” “Communicate with me, because whoever is the best communicator will win.” In order to create great content, you can’t lie to yourself about your abilities to deliver quality information. “Am I good enough to be the best blogger about tech in the world?” is an example of a question that you must ask yourself and have a solid “Yes!” answer to. Choosing the correct medium is critical, if you’ve ever seen Gary Vaynerchuk his enthusiasm and loudness makes him a perfect fit for a video or vlog format. “Today, everybody else can make $40,000 to a million, so long as they can nail the correct combination of their medium and passion.” “Know yourself. Choose the right medium, choose the right topic, create awesome content, and you can make a lot of money being happy.”
Chapter 6: Choose Your Platform
Your three options are video, audio, or written word, you must choose the platform that works best with your DNA. Although I personally use written word at the moment I think this Summer I will begin to move to video and venture out to YouTube and Vlog format. “Your website is for communicating logistics and facilitating sales; your blog is for communicating the essence of your brand.” In December 2008 GaryVee used social media and traditional advertising methods for his winelibrary.com to promote a free shipping code. The social media promotion which was free, outperformed the conventional advertising by a factor of 10. This is an example of platform is everything.
Mr. Vaynerchuk then talks about Tumblr and WordPress the two dominant blog platforms and both are still relevant even today. Tumblr’s ability to tumble posts is the word of mouth you want from your audience and other apps that have similar features are critical in expanding your brand. Call to action buttons are always important to continue the chain of communication with your audience, and eventually sell them your product. He then talks about Facebook and the importance of your own profile and then your fan page. “If you’ve been using a regular profile or created a group for your business, don’t take it down. Simply leave a link on your old profile or group page that feeds to your new fan page.” Twitter, one of GaryVee’s most powerful brand-building tools. “First, it has incredible endorsement power.” “Second, it’s a press release opportunity, allowing companies and businesses to have a closer relationship with their consumer.” “Third, Twitter is a research and development tool that allows you to crowdsource.” “Fourth it allows even your most mundane questions to become opportunities for conversation.” “Fifth, it’s a great vehicle through which to spread your commerce-driven intentions.” “The best use for Twitter, though, is to lure people to your blog.” GaryVee then shares the simple most powerful, best business tweet of all time. “What can I do for you?” Don’t forget you’re in business to serve your community.
“If your blog is your home, platforms like Twitter and Facebook are your vacation homes. You can’t do long form content on these sites (well, you can, but its not effective and I don’t recommend it)”.
He then talks about video content sites including the power player still today, YouTube. He very rarely uses analytics and trusts his instincts over numbers. Lastly you must differentiate yourself from your peers, and he will explain that in the upcoming chapters.
Chapter 7: Keep It Real…Very Real
“Your DNA dictates your passion-whatever it is you were born to do; being authentic, and being perceived as such by your audience, relies on your ability to ensure that every decision you make when it comes to your business is rooted being true to yourself.” You should invest in the important stuff and that’s not cameras or microphones, no, that is your content, your passion, your knowledge. “If you want to dominate the social media game, all of your effort has to come from the heart”. Hustle and patience are the next two items of discussion, there’s plenty of other books and videos on hustle, I’ve already reviewed one, “The 10X Rule” and I will review another one soon “Rise and Grind”. Reference those books and articles as that is their main topic. Patience is self-explanatory, but we are often not patient. GaryVee says he gets people saying they haven’t seen any results and they’ve been working on their blog for 6 weeks. I can say from my own personal experience that I’ve been working on this blog for about 5 months and we are finally getting some traction, all things worth doing in life take time to get there.
Chapter 8: Create Community: Digging Your Internet Trench
Creating community is much more important than the design of your blog. This is done by starting conversation with your audience. “To create an audience for your personal brand you’re going to get out there, shake hands, and join every single online conversation already in play around the world about your topic, Every. Single. One. “At a certain point, your business will start gaining eyeballs and your community focus will change. Whereas at this point you’re initiating contact with anyone who might have an interest in your passion, later you will spend these late-night hours responding to the people who have responded to you. Building and sustaining community is a never-ending part of doing business.” You do this by using all of your tools and platforms and seeking out every mention of your topic and commenting on every single tweet, blog post, forum post etc. that you can find and then do it again and again and again. I can say from experience the little I have done this for blogs and Instagram it has worked. It just takes lots of time and hustle to pull it off in the large scale. You must then capture your audience and I have struggle to do this with my own blog and would love to hear any advice from my viewers. “The day you see that one person is reading or watching or listening to you is a day to celebrate.”
Chapter 9: The Best Marketing Strategy Ever
Chapter 10: Make the World Listen
Here is the step by step guide for the rest of your life to achieve what is described in this book.
Go to GoDaddy.com and try to buy your name in both .com and .tv
Start a WordPress or Tumblr account to host the domain you just bought.
Hire a web designer for your website.
IF you’re filming a video blog, buy the $150 flip cam, something small, light and hopefully HD to film anywhere at any time.
Create a Facebook Fan page
Open a twitter account with your domain name
Open a Tube Mogul if you are doing video. Open a Ping.fm if you are doing a written blog.
Start pumping out content.
Tweet or post your content to distribute to your platforms.
Go to Search. Twitter and start searching terms relevant to your topic, and start following them.
Go to blogsearch.google.com and start leaving comments on topics relevant to your content.
Join as many active Facebook groups relevant to your topic as possible.
Rinse and Repeat.
Do steps 5-8 and 12 over and over as long as your brand exists. “Anything is better than zero” but also “the longer you hold out to monetize your blog, the better.”
Chapter 11: Start Monetizing
“Here’s a better idea: #1—classy banner ads, which appear at the top or bottom of your site (don’t overdo it!). #2—Go to google.com, search your subject matter, and check every blog and website to see which companies pay for Google AdSense ads to be posted. Cold-call every relevant company that is buying space on Google AdSense—they’re already spending the ad money on the Web, why not spend it on you? You can find a video on this topic on GaryVaynerchuk.com:” Speaking engagements, Affiliate Programs, Retail, Articles, Seminars, Books and TV, Consulting, Advertising redux, are all examples on monetizing your brand and there have been significant improvements and all of these fields, so I would recommend newer information than what is provided here.
Chapter 12: Roll with It
Be prepared to continue repeating what makes you successful but be ready to adapt to the changing environment considering the great speed at which social media changes nowadays. Put out fires and situations quickly through the use and ability to reach out using social media is very important in retaining your brand equity. Spot latest trends as they begin and hop on the train early to give yourself a big advantage over the slower moving businesses in your sector.
Chapter 13: Legacy is Greater Than Currency
We are all in the public eye now, we are constantly adding to our footprint on the internet. If things go wrong, there will be no where to hide as your whole brand is available to see. Thinking long term and knowing what you do and say today can affect your future is an important thing to remember in your early years of building your brand. “Legacy is the mortar of successful, lasting brands.
Conclusion: The Time is Now, the Message is Forever
“true success—financial, personal, and professional—lies above all in loving your family, working hard, and living your passion.”
As always thank you for reading this article, I hope you gained some value information from this review and synopsis of “Crush It”. This book has provoked me to take a hard look at my blog and my personal brand and what I want it to be in the future and I look forward to shaping my brand from what I’ve learned in this book and what I intend to learn from “Crushing It”.
Many want to take their life, finances, current situation to the next level. Some have a vision of what that is, even fewer have a game plan to get themselves there. I will share with you today my vision and how I intend to get there.
So, as we speak I am 22 years old pursuing a bachelor’s in mechanical engineering and engineering management. I have a net worth around $18,000 through mainly my co-op and internship salaries. I will graduate college in May of 2019 and take on the real world.
This is always a hard question to articulate and put into words which is why few people get this far. Think about it, when was the last time you sat down and figured out where you want to go in life. Some may have small goals like I want to drive a Ferrari or a Lamborghini but what about the BIG goal.
I would like to first buy my parent’s the lake house of their dreams on table rock lake. My mom and dad have provided for me all their life it is my obligation to give back to them. My dad would like the top of the line jet ski and a nice boat, my mom would be happy with a home that looked like it came out of better homes and gardens, a nice greenhouse and an abundance of grandchildren. My mom is going to have to wait on the later, but my brother may be able to help me out with that one. That is my first and foremost goal.
Second, I would like to give back to the people and organizations that made me who I am today, my wrestling program in high school, my rugby program in both high school and college, and my fraternity to name a few.
Third, is an obvious one but I think it should be said, to provide for those around me. I am going to assume at this stage in my life I have others to take care of other than myself, maybe a girlfriend, or a fiancé or a wife maybe kids the timeline of this one is foggy. My dad made it a goal to give my brother and I everything he ever wanted when he was a kid and to provide more than his parents could for him and I would also like to do the same to my loved ones. My dad did set the bar high on this one so I look forward to the challenge.
Fourth, financial freedom. There is an unbelievable amount of people in the United States that live paycheck to paycheck and I remember my parent’s doing the same at times. I don’t ever want to live a life like that.
Fifth, to help those less fortunate than me, I already practiced this when I was younger and currenly. I am aware I’ve had experiences that many have not or will not be able to have in their lives and I would like to the share that with all those that I can.
So Mr. B^2, how on earth do you plan to do all of this?
That’s a good question isn’t it, when it’s all laid out like that its hard to fathom that kind of success.
First step would be to graduate obviously, I have spent years in education and lots of money has been spent on me to get to where I am so obviously finishing what I started is a good place to begin. I would like to graduate with a 3.25 GPA currently at a 3.16 as of this semester.
Second, I would like to walk out of this university making $80,000 which I believe is a lofty but possible goal and with my skill sets, education and past experience I believe this is within my reach.
Third, using that money, and the money from my investments, and what not buy investment properties and other passive income sources. How many and of what kind I am not sure, but an investment property in my college town would be a good start I feel and from there only grow and expand my horizon as I move and travel. This could also be a side business that I develop to generate more revenue to acquire these properties and make more investments.
Fourth, rinse and repeat over and over and over again. That in combination with my strong work ethic and developed leadership skills should put me in a position to move up the corporate ladder or start my own business or something of that sort. Not sure where I’m going but I’m going for it all.
With all of that said I would like to attain a net worth north of $3 million before I am 30 years old. I understand that is going to be extremely difficult but nothing of such high aspirations comes easy and I believe what I am doing now is laying a solid foundation for what I plan to do in the future and the fact that I already have the vision and the majority of the game plan is evident that I am already on my way.
As always let me know what you think, even if you think I am blowing smoke up my own ass I’d like to know what you think!
In my spare time today, I did a little bit of thinking about what I wanted to do this summer as far as my finances are concerned.
I am going to absolutely crush this internship/sales position. I mean crush it! This is the first time in my life that I will get paid on commission meaning every minute I am not working or trying to sell is a wasted minute. That goes beyond the job as well, I also have this blog and an Instagram, and I will continue to expand my social media presence and further build my personal brand.
I want to move away from the umbrella of financial security of my parents. They have done a fantastic job providing for me all my life and I feel obligated to lighten their load. I am making it a goal of mine to work harder than ever before to obtain scholarships and other means to provide for my schooling. My parents have also paid for my housing during college and pending the results of my friend meeting with his landlord tomorrow I should be moving out the fraternity house and plan to pay my rent and all necessary living expenses. I also came up with my method to do so. I have talked about Lending Club before on this blog but for those of you who haven’t read about it yet you can reference this post about it “Lending Club Review”.
My favorite part about Lending Club is how liquid it is while you are making money. I get funds transferred to my portfolio nearly everyday as I have 110 active notes currently. This pays me about $100 a month in both interest and principal payments. If I own about 400ish notes I will receive about $350 in payments per month which is coincidentally my rent for this next school year again assuming the conversation with the landlord goes as planned tomorrow. That is all while making about a 7% gain as of this moment. This whole school year I have been pulling out my interest and principal payments to cover my expenses (its not enough however I spend more than $100 a month typically). If I can purchase that many notes however that should cover my rent payment which would be a passive income source for me. As of now that is my game plan for this next academic year. My typical food expenses as I have learned from diligently tracking them through my internship and co-op is about $60 a week or $240 a month. I plan to use my savings and any side money to cover that aspect of my expenses.
I have also began looking at investment properties in my college town, with the hopeful influx of money I make this summer this may finally become a reality and I have also explained some of those plans in a previous post linked *here*.
This will also be the first summer where I will be relatively free while I have been this interested in improving my life for the years to come. On my co-op I did not start investing until very late and then I returned to school and was again very busy with my other obligations. While on my internship I was taking 9 credit hours of summer class which took a very large toll on my time and extracurricular efforts. I lived an endless cycle of work, working out, and then studying and doing homework during the 5-day work week and then my Sunday’s were typically consumed in school work as well. This is another very exciting aspect of this summer that I can hopefully take advantage of.
I intend to learn more than I ever have this summer as well. I have an ambitious reading goal this summer of 10 books which is crazy to think about since I have not read for leisure in years but the value that it has been bring to my life is incredible and I have learned so much already and I can’t wait to learn more. If you have any suggestions I am open to them all but I will most likely need to focus in on something related to what I would like to pursue later in my life, namely entrepreneurship, business, investment property and real estate, and investing.
I would like to make a strong effort to help my fraternities recruitment efforts this summer. Due to the new structure of our recruitment and pledgeship process this summer will be the ultimate factor to our future success and I would like to give my time, effort and talent to this endeavor. Not that I haven’t helped in the past, but I see the high importance of this task, but it will also give a chance to develop my new skills.
I believe this summer will also allow me to network more than I have in the past and I have given up some of those opportunities for my other obligations in the past. Again, with all that I have learned this school year I believe this will be a key aspect in my ultimate success later in life and the more I can network and connect with the others the more opportunities will present themselves.
I’m sure there are other aspects I am forgetting to include but these are just some highlights. I will do my best to update all my readers on what I am up to this summer. Hopefully this last 2 weeks of school won’t drain me to bad, I had the problem occur on my co-op.
As always, I would love to hear all your comments!
It’s been awhile since I have posted one of these so what the heck let’s get to it.
Like I’ve mentioned before the spring semester is crazy busy at my school and March- Mid April is probably the busiest section of them all. I mean there’s St. Pat’s, Spring Break, Greek Sing, and Derby Days all in there plus a round of tests or two. Like are you kidding me!? Doesn’t get much worse than that, however, that didn’t stop me from doing what I do best and getting shit done so let’s see how I did.
Here is the goal list to start off march on top, on the bottom is where I finished at.
I intentionally went away from the biweekly format with March because of Pat’s and Spring Break. I also did not try to push myself as hard as I have been lately. Don’t worry we’ll get back on my game here soon I promise.
In the beginning of March was sitting at around 75 IG posts, 400+ IG followers (my all time high as of right now) so from the social media perspective I was doing great. When we turn to the blog you’ll see I failed to miss my target yet again on the # of blog posts with only 30 and 175 blog visitors, again piggybacking off paid advertising for that. Finished sell or be sold and did not finish Rental Property Empire we will get to that one later.
So that sets the stage for where I was going into March, as we see in the month of March goals we boosted up IG posts by +35, which is a solid 1 post a day average and then some. Unfortunately, my consistency isn’t the greatest with that and I’ve been working on getting that more consistent. I was going in several short bursts and then taking breaks rather than a consistent one or two posts a day. Organic blog traffic was a struggle, I did not have the systems in place to capitalize and keep my paid advertising traffic and in fact I still do not have the proper systems in place which has been hurting my viewership. That and only 3 blog posts in the entire month of March is just pitiful and I’ve been working hard to improve that this month. Still didn’t make it through Rental Property Empire either, and let me tell you that book was DENSE, packed with information and great content but man was it a slow read and hard to get motivated because the nitty gritty of rental property investing is not all that exciting. Using that prior screenshot as a starting point of April lets see where we landed during the mid-April goal review.
Mid-April I was consumed in my philanthropy, as head chair it was a lot of long nights and busy work to make things run smoothly, and I did my best to make up for it in early April but even then, I was making up work that others failed to do. If you would like to know more about the philanthropy and what all happened the link to the article can be found here. Philanthropy article
I hit my low IG post goal, but followers diminished a bit, blog posts remained stagnant at 33 posts. Organic visitors were still very low probably due to my lack of Instagram engagement, and side money was also low due to my less than ideal productivity during my spring break. (P.S. girlfriends are a time commitment, so is covering for people who fail to follow through on their assignments.)
So using that last screenshot we can analyze my current in progress goal list shown below.
I am finishing writing this post at 1am on Friday April 27, I have my fraternity’s initiation tomorrow which I am heavily involved in as Vice President and that has been bogging me down a bit, but I have been making effective use of my relatively light work load this week. I say light just because I do not have any tests, but I’ve spent a good 20 hours on homework and project work for my classes this week already with a final presentation tomorrow at 11am which should be fun.
As you can see I’m a tad behind on IG posts and I feel like I am spamming content, but I like to hit my targets and goals and my content is still pretty good so there’s that. Instagram followers have picked up a bit so my extra effort in reaching out to other accounts and people has paid off as well as my content I am delivering. I finished Gary Vaynerchuk’s “Crush it” it’s an old book but the content is still great and inspiring, and I can’t wait to read his newest book as it is sitting on my desk right next to me. I am also catching up on blog posts at a rate never seen before so kudos to me! Credit card payments are almost complete, we will find out about initiation come Saturday, my loose money on robinhood can be summed up as my options trading which is going poorly. If you didn’t see my Instagram post of “The stock market is drunk” it is, and it is very annoying. I have a little more on my plate this upcoming week as projects, papers, and tests are wrapping up in the week famously known at my school as “Dead Week”. (the name is not as it suggests, it is hell and full of work then leads into finals week). So hopefully a final push this weekend and early next week can wrap up April as a success or at least that is my hope.
As for future goals we will have to see how they go with my new work schedule which is far different from what I am used to. That in combination with additional metrics for tracking revenue, costs, investing and getting back into prime shape and performance for my next rugby season we will see how frequent I set goals and track them. I am very excited to see what this summer will bring me though, this last summer I was bogged down in 9 credit hours of class in addition to a 40-hour work week at my internship at Caterpillar which was very demanding. This summer with my peculiar schedule I may actually be able to be more productive despite working more (I am definitely a night owl as the time I am writing this post suggests). I will do my best to keep all my viewers informed as well as do what is best for me to advance my life, career, and personal goals.
Thanks for tuning in as always, please leave a comment I would love to hear from you guys and if you haven’t already please follow me on Instagram @bsquared.website as I am most active there if you haven’t noticed.
As some of you may know if you follow my Instagram account (bsquared.website) I am heavily involved in my fraternity and was the head philanthropy chair this academic school year. Fortunately, I survived the hectic week and came out the other side with ideas and suggestions to improve our philanthropy efforts for the years to come.
I was elected head philanthropy chair a year ago with two assistants at my side, several things happened that caused my assistants to drop the position or get pulled out of the position, but I ended with Dalton and Drew at my side by the end of it. We decided our goal was to raise $10,000 for Huntsman Cancer Foundation, Sigma Chi’s official philanthropy. This was an extremely ambitious goal considering our previous best was about $5,300 raised. We also had to revamp the whole Derby Days week to make it more competitive between the participating sororities and women’s organizations and try to incorporate new events into the week. Our first step in the revamp was to collect information from the previous year, we needed to know what everyone liked, disliked, what they were not allowed to do due to national’s rules etc. While there was some effort in the past to gather feedback about the previous years events we took it to a new level and made sure everyone’s voice was heard and tailored the week-long competition to allow everyone to compete on a level playing field.
We added an event in the Fall semester of 2017, known as Brats ‘n tots. Just as the name suggests it was a food fundraiser hosted at the fraternity house featuring premium brats and unlimited tater tots. This turned out to be our most profitable food fundraiser to date and raised over $500 in profit. Mind you that at that point we had never done a food fundraiser let alone hosted one. This was an incredible success but of course there were hiccups and ways to improve for the next year, as with anything the first time is always difficult, and we will get to a failure at a first-time event here soon.
Brats ‘n tots serving crew
Next event we added to the line up was what we are going to coin as Dead Week Wendy’s, again as the name suggests it’s a food fundraiser at Wendy’s during dead week which is commonly known as the week prior to finals at my university. Unfortunately, we register the event early enough and it was pushed back to the Wednesday of finals week which wasn’t the most optimal timing. Despite that issue we still managed to raise $113 from the event mainly due to the high % of proceeds donated (30% of revenue for that night with the flyer we promoted).
Next new event on the calendar was a similar food fundraiser just at Buffalo Wild Wings which we also did in conjunction with a recruitment dinner at BWW. In the past we would always take some potential new members to BWW for dinner during the recruiting process and we decided to piggy back that event with a food fundraiser. A two birds one stone situation which you will see come up again in this overview. With this event we raised $212 or so, we were better able to promote this event having learned from our mistakes with the Wendy’s fundraiser, it also helped that BWW has a higher average ticket price than Wendy’s despite a lower % donated but still a solid 20% excluding sales in alcohol or gift cards.
At this point my committee and I were feeling like we were doing well at just shy of $1,000 raised before getting to the philanthropy week. We had the strongest start of any Derby Days committee to date, but our success wouldn’t last long. Our spring semester is quite busy with our huge St. Pat’s celebration, Spring break, spring career fair, Greek sing and various other events happening. In addition to being bogged down in other school and fraternity related activities we were also running into bad luck with our women’s organizations. Two organizations of our smaller women’s organizations declined to participate in our week-long competition due to the time commitment, even after offering to combine the two to give them more people to work with. We also had a large sorority that has failed to participate fully in the past three years decline us again despite our massive effort to accommodate and inform them. In hindsight we could have done more to inform them and attempt to get them more involved but again our schedules were packed. Those were some large blows to our committees moral since in addition to our monetary goal we also wanted to maximize participation across the board.
Despite the setbacks we continued to push forward and do what we could to redeem ourselves, but the bad luck and poor execution continued to disrupt our previous successes. I had assigned an assistant to obtaining t-shirt sponsors, thinking he was the best man for the job. Well about 2 days before spring break at our weekly meeting I realized that we had maybe 2 of the 9 t-shirt sponsors we were going for with no contact established with other potential clients. The t-shirt design was due the Monday we returned to school and seeing as we were running out of time and options for obtaining sponsors I took it upon myself to execute the task. I spent the better part of my Friday and Saturday going into the Spring break talking to local businesses to obtain sponsors. I then came back to town for 2 days to further confirm sponsors and attempt to obtain more. Luckily, we ended with our goal number of sponsors but the way we had to reach that goal was far from optimal. The opportunity cost of my time and travel expenses to finish the job took quite a toll on me mentally and to my external efforts to succeed such as this blog and my investments. Anyhow that small crisis was adverted or was it?
Cheesin through it
That’s right! When it rains it pours and oh did it pour. We were having issues with liaisons knowing what to do and getting their organization to participate, we got the t-shirt order in late, we over ordered the koozies and then they had a printing error that forced us to have them reprinted and took more time than we anticipated. We got the wrong shirts printed, we did not get the number of orders we anticipated. Issue after issue kept coming up and this was before we even got the philanthropy week underway, this was just the prep work!
We had another new event to kick off the week, it was a gala at a local event/banquet center. Not only did we not get our first or second choice for venue, but we also were lied to on price, overestimated our attendance, therefore over estimating the needed food, and the event turned it into a very dismal sight. All in all, we lost about $400 on that event and rattled us all. It was under advertised, overestimated, not well defined, and did not serve a strong purpose or give a strong reason for people to be there. The idea should have probably been scraped but we decided to follow through with it anyhow. Perhaps next year they can bring it back and turn it into a successful event but until then despite what my peers said and how successful they thought it was I’ll chalk that one up as an L.
Pie-a-Sigma Chi featuring my temporary mohawk
Moving onto the actual week of Derby Days it went relatively well. Events ran smooth, the new point distribution kept the competition tight until the final event, it did take some extra effort on my part. My two assistants did not live in the fraternity house, so they would leave and go home after the last event of the day or stick around for a little bit to help, but I would be up till midnight-4am to ensure everything was taken care of and ready for the next day of events. It wasn’t always necessary for me to stay up that late and what not, but I felt the extra effort I put in made the week go a little smoother, so it was worth it even if I am bitching about it now. We had several new events including, Amazing race, cooler design, sell-a-Sig, and a drag show. They all went well for the most part and little kinks and issues will get worked out next year.
We finished the week with Delta Omicron Lambda winning for the 4th year in a row. Congratulations to them however I think moving forward it may discourage other teams from trying to participate to take down the reigning champs. At the current moment we raised $3800 including all expenses, not including the 20% payout to the winning organization. This is far far far below what we wanted to raise. We diligently tracked our expenses and revenue for every event and hopefully we can analyze those results to determine what actions are necessary to increase what we raise. We still do have one event to go.
Alex’s pizza is a pizza parlor in town, we always go there after initiation and treat the alumni (I should really say the alumni treat us) to some pizza and adult beverages. As I mentioned in the sneak preview before, I am all about hitting two birds with one stone and making the most effective and efficient events possible, and that is exactly what we intend to do. Since we go to Alex’s pizza once a semester, after initiation then why not host a food fundraiser there while the alumni are paying the bill for it all. So, with that in mind we will get a nice 20% cut of the revenue for that day most of which will consist of our 50-person group’s order, but I am sure we will also get some friends to and other students to come celebrate our new initiates with us.
My committee and I are currently writing up an official transfer document, so the next committee can learn from our mistakes, this is also something new we are trying. Overall I can say that while we did not reach our target we did a lot of new things and took some risks and some paid off and others did not, but the group after us will have all the tools and knowledge at their disposal to reach our $10,000 goal and shed a new light on our philanthropy, social and brotherhood aspects of the fraternity.
To those who are involved in philanthropy or want to be involved in philanthropy and have questions please let me know. I have learned a lot from this position and would love to help anyone who wants to make a difference just like I wanted to make a difference when taking the committee position.
YouTube, the video –sharing site that is owned by the titan Google, has stood the test of time as far as far as modern social media is concerned. YouTube is a wonderful place to have a few laughs on, learn new things and watch step by step tutorials for your everyday problems, or listen to your favorite artist and see their newest music video. I will primarily go over the learning/education side of the YouTube.
A few weeks ago, I made an Instagram post about whether you use YouTube for entertainment or education and if that ratio is more to the entertainment side you should reconsider the use of your time. The amount of information I have learned from watching YouTube videos is astounding and here are some channels you should check out that I personally follow.
For all things entrepreneurship and business related I turn to Patrick Bet-David on the Valuetainment channel. As the name suggests his goal is to provide value to the viewer drawing from his own personal success in entrepreneurship and business. They recently took a break from YouTube for a bit and revamped the objective and mission of the channel and the information he brings to the viewers is incredible. If you are at all interested in entrepreneurship or business I highly recommend checking him out. He provides great content and worksheets to the viewer to aid in self-improvement.
The next channel two channels I follow talk about the stock market mainly. Nate O’Brien is a young investor that brings ambition and passion to his channel as he talks about investments and relates well to my generation and age group. The other channel I follow for stock market education is the Financial Education channel. Jeremy from the Financial Education channel has written two books that I have read and has several programs that educate its users on the stock market, passive income, and options trading among other things. I would highly recommend these two channels if you are interested in stock investments, budgeting, passive income etc.
The last two channels revolve around real estate, motivation, and entrepreneurship. Grant Cardone is a world renown sales expert and has developed a real estate company with over $750 million in assets currently. Meet Kevin is about Kevin a real estate agent in California that provides value to the viewer by revealing the tips and tricks of real estate and exposes lies and clears confusion said by other “experts” in finance and real estate, these include Grant Cardone, Dave Ramsey and several others. These two channels help educate me on real estate and motivate me for any side hustle endeavors I have.
I primarily watch these YouTube videos in binges or if I am seeking information on a subject. Rather than watching tv or Netflix or YouTube for entertainment purposes I watch these education-based channels and learn more to further develop myself. Only problem is there are never enough hours in a day as you can see from the subscription box up above. I’m sure I am missing some great education-based YouTube channels out there so if you have any suggestions on who to follow please let me know!
Hope everyone’s spring is going well. This past week I accepted a position at Premier Roofing in Kansas City as a salesman. This is very odd position in comparison to my previous internship/co-op as I worked in engineering disciplines for Caterpillar and Samtec. I am excited for the opportunities that lie ahead. I believe this internship will allow me to continue to expand this blog and any side endeavors I soon pursue. This internship will also set me up for a technical sales position that are popular in my field. The commission-based pay will also cater to my work ethic and determination and I hope I can make the most of the opportunity given to me. I also gained experience as head philanthropy chair when I talked to t-shirt sponsors which I believe will benefit me for this position. I will keep you all updated as things progress my hope is to walk out of this summer with a strong sales position experience and I have enabled my free time to the best of my ability to create another source of income or success. I also hope to invest my earnings to further diversify my portfolio and to set myself up for success during the coming school year and post-graduation.
Please leave a comment below if you have any questions!
I came to you guys almost 3 months ago with an overview of my dividend income and situation. Back then I was bringing in approximately $150 a year in dividends from Robinhood and with all dividends and interest included I was bring in a little over $20 a month. Today this is what we are looking at.
The above table tracks my dividends from multiple platforms (Robinhood, acorns, and stash) as well as interest I receive from Robinhood. As you can see there is a general trend upward and although there were some bad months (January) I receive upwards of $20 a month in dividends. Here is the table in graph form, the blue represents 2017 and the red represents 2018. As you can see March 2018 has been my best month to date with $31.68, or about a $1 a day.
Below is another table tracking my dividend stocks in Robinhood. As you can see I am now making approximately $200 a year in dividends not including stash dividends or Robinhood interest. This equates to approximately 2.5% return on my portfolio in dividends. I also have small positions in some very high yield dividend stock such as CEFL, CBL, and OHI. I am looking into increasing those positions moving forward and cost averaging down when I can, to increase actual percent yield which is calculated in the table below.
Overall, I am impressed with these results as I have been taking my foot off the gas in terms of investing in dividend stocks. I have been looking more into higher potential returns than higher dividend income recently and we will see how that pays off in the future. Currently my largest position is down big right now (~$750) as that comes up as I expect it too in 2018/2019 and I can funnel more money into my investing accounts I will keep you all updated on my stock portfolio and my dividends.