Noveween 2015

Noveween was quite fun! Thought the era was over with Ty and Cyn split up, but the tradition continued.

I invited 3 people. Matt Astifan, Ryan and his friend Michelle, and they all said yes right away. The day before, I reminded them. Matt said, “Oh, surprisingly it’s actually still in my calendar. No, I can’t go.” Michelle apologized that she got busy and forgot to tell me that she can’t go. Ryan said he is bartending a stagette and will be in touch. He didn’t come. He messaged me at 2:30am asking if the party was still on…

I don’t know what’s up with these people, or, people in general.
Do I come across as boring? So far only one person really wanted to be friends, and it’s Masha. Masha didn’t invite me to anything yet though. She is so busy being pregnant and with her biz.
I guess Aileen did invite me to join a flemenko dance course. Not my thing though.
I made it clear to Matt and fairly clear to Ryan that I wasn’t into them. I think that made my invitations less attractive.
Volleyball too though. Stacy was too busy to be friends. So was everyone else.
Jenice from bouldering was also flakey it seems.
If I were more cool, more fun, more attractive, would that make things different?
Though, even people like Cyndi get rejected.
Even super models get treated badly.
How people treat you is not the way you define your self worth.
Though, I’d still like to optimize a bit.
From now on, I will:
– Communicate well. Let the person know that the invite is exclusive. e.g. I’m only inviting them and 2 other people. Limited space.
– Minimize expectation. That’s a hard one. Doesn’t apply in this case.
– Maintain standards. So be it if they are flakey. I’ll meet someone that is fun and not flakey I’m sure.
Patrick was flakey too. But when I let him know my standard, he got MUCH better. Changed his flight, called me from the airport, came on time.
But for once, I wish someone exceeds my expectation and treats me sincerely.
I think Cyndi does that sometimes.
Anyway, back to the party. I didn’t really invite Norm but his girlfriend had a band performance and he wanted to come.
I told him to buy a costume from Dressew, but somehow he missed the 5:15pm closing time and had no costume. I would’ve told him to stay home, but he already drove to Burnaby. I was annoyed.
He had a stupid costume idea and I had to help him prep. He drove (I should’ve but I put my head thing for my outfit on already) and scratched Mom’s hubcap.
The night before I had talked to him on the phone for 5 hours, but last night I was just so annoyed by him. I was glad that we were no longer together.
It was great to see familiar faces, even though I don’t hang out with them. Amy, Corrina, Marleen, Wes, Ty, Edwin, Devon.
I’d like to hang out with Ty, but he doesn’t seem to have interest in hanging out.
Brodie was happy to see me, but then I introduced him to Norm, and he wasn’t so nice to me anymore. Ugh.
I met an Asian girl Joyce with not very obviously shaved head. She said her and Ty dated briefly but now they are just friends. I think she’s the one that Tyler banged in Cyndi’s room and everyone heard. Her costume was really cool though. She is not bad.
There was also this guy Steve who was quite fun to talk to. He was talking to Norm a lot, which is good. This way Norm wasn’t left out. Actually Joyce seemed interested in Norm too.
The highlight of the night for me was this guy who dressed up as a SWAT (Special Weapons and Tactics) guy. His name is Jackson apparently.
He had a nice body, amazing jawline/cheekbone, and his costume made him extra hot. He was probably at least 35 because he had a bit of wrinkles and his hair was sterling grey. Still, hot.
I’ve met him before, I think at Cyn’s going away. But he ignored me for the most part. He was a bit annoying as I recall. He kept saying how great Wes was, which was kind of pretentious.
But he was different yesterday. Still a bit weird, but much more attractive, and definitely flirty.
He asked me what I was, then came over to hug me. It was so sexual actually. I can’t remember what he said while he hugged me, but I was so turned on that moment.
Then he went away and socialized with everyone else. He poured some drinks for me and his friend while we were in 3 areas of the room, far away.
He pulled out a bunch of meat he had smoked for days, and shared it with everyone. That was nice. I really like generous guys and guys who can cook. So that was a strong 2 points for him. I grabbed a small piece, and didn’t realize I grabbed some of the paper wrapping it too. He took it off with his mouth. So hot.
I think he also mentioned at some point that he liked sci-fi. That’s another +1 point!
Then he went back to socializing on the other side of the room. Twice I think I caught him looking at me and I looked back. It was cute. Been a while since that happened. I was turned on.
He came over once with a breathalyzer, which was his costume party toy. He got everyone to try it at the party. When it was Steve’s turn, Steve was talking about how everyone’s jizz was on it. So when it came my turn, I cleaned it again off Jackson’s shirt. That was my small way of flirting. I was saying how I was bad at blowing…balloons.
When Norm and I were leaving, I said goodbye and hugged everyone. Jackson lifted me up…which again was super hot. But I said No no I have too much crotchless-ness!
I said goodbye to Ty while he made sure I was ok to drive. I saw Jackson looking over at me again. Oh man, I wanted him.
But I was so mega distracted that night. My costume made my head un-turnable. Norm was following me at times which was a bit annoying. I was wondering if Ryan would show up and making sure that he can arrive ok. I wanted to talk to Brodie too.
I guess that’s why I didn’t try harder with Jackson. It wouldn’t have been a good idea to make out with him there…but I could’ve made a bigger effort to talk to him.
When I got home I got so horny thinking about him, and all the flirty things he did. That made the party fun.
I wish I could see him soon and have sex with him….but I don’t think he is on Facebook.
That’s ok. I need to loose some belly fat right now.
I hope I’ll see him again soon.

My Financial Current State and Future Plan

I tallied up my current assets, and I have:

 

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$163,552 + $67,172 + $3769 USD = $234,493  USD ($312,004 CAD)
$11,519 + $1,970 = $13,489 CAD

Current total: $325,493 CAD ($244,630 USD)

Wow!

If I were to invest it all in index funds and get 5% returns, then my monthly income would be $1,356 CAD

That’s pretty good!

Except I won’t invest all of it in index funds. I guess I need to finish the rest of Tony Robbin’s book to know how to allocate my funds.

I know that I need to have $840K for Financial Independence ($50K passive income each year) and $3MM total for Financial Vitality ($150K passive income each year)

I have $325K saved up. By the end of this year I hope to have earned $40K more, reaching $365K. So I just need $475K more to reach Financial Independence. 

I make about $200K per year on one successful product, so if I can have 3 or 4 of these, I’ll be able to do it in 1~2 years.

Cushion, Sport-Brella, Umbrella or towels, and maybe Period Panties.

Also, if I can reach 0.08% returns on investment, then I only need $1.88MM to reach $150K annual passive income (Financial Vitality)!

If I can do $600K per year, then in 3~4 years I can reach Financial Vitality.

So I aim for when I’m 40, I’d have Financial Vitality.

If I can reach 0.08% returns on investment on $4.4MM then I get $350K annual passive income (Financial Freedom)!

It seems attainable!

If I can do $1MM a year from age 40, then by age 45 I’ll have Financial Freedom.

I will need to double my product offerings, diversify my income streams.

 

Money – Master the Game

Summary Chapter 1~13 [6:17:12]

Low cost market-mimicking index funds to out perform 96% of mutual funds and hedge funds

Save 3% fees from mutual funds overhead. Save 80~90%

Broker vs. Fiduciary (unbiased transparent advice, tax deductible)

Like butcher vs. dietician

Roth 401K – pay tax today instead of later

TDF – expensive and volatile (use Vanguard if must)

Annuities – guaranteed lifetime income stream

Structured notes, Cds – Upside without downsides. get 8% average gain. No risk [6:05]

  1. Structured note – a loan to a bank
    • very safe
    • downside protection, get a percentage of the upside
    • or take some of the downside and get more than 100% of upside
    • Can only access via the right fiduciary
    • Canadian banks have the strongest financials

1 million seconds ago is 12 days ago

1 billion seconds ago is 32 years ago

1 trillion seconds ago is 32 thousand years ago

certainty

uncertainty / variety

love and connection

give

lifestyle

significance

Money is a game of emotions.

Clarity is power. Your brain will figure out how to reach your goal.

I’m certain, I promise myself I’ll get there.

My dream: $10 million

Short, Medium, Long Term Goals

Financial Security (About $720,000 in savings needed to generate this)

  • All these paid for forever
    • house $2000
    • utilities $100
    • food $400
    • transportation $300
    • insurance $200

Total monthly is $3000

Total annual is $36,000

Save up at least 6 months of your monthly expenses as your protection/emergency fund ($18,000) Done

Financial Vitality (About $840,000 in savings needed to generate this)

  • Clothing $200/month
  • Entertainment (parties, tickets to things) $200
  • Going out for dinner (10 times a month) $250
  • Gym membership, spas, massages, golf membership $350

Have half of this covered is $1000/2 = $500

Total annual is $6,000, or $12K to cover it in full

So accumulative annual is $42,000

Financial Independence (About $1MM in savings needed to generate this, $3MM for me, Mom, and Dad)

  • No need to work
  • Money works for you. You are the master of it.
  • Work only if you want to

Your annual living costs including taxes

About $50,000

For me, Mom, and Dad, we’ll need approximately 3 times, so $150,000 annually

Multiply your annual by 20x (assuming 5% return assumption)

Financial Freedom (About $8MM in savings needed to generate this)

  • Have a good life style
  • 2 or 3 significant luxuries
  • Can contribute to community too

Travel first class 3 times a year $30,000

Own 3 homes $120,000 mortgage a year

Can contribute to Mom and Dad’s living (mine x 3) $150,000

Donate annually to alopecia community $10,000

Rent a wave machine $10,000

Rent a flying over Canada machine $20,000

Other fancy adventures or toys $10,000

$350,000 a year

So accumulative annual is $400,000 per year

Absolute Financial Freedom (About $15MM in savings needed to generate this)

  • Build an adult theme park (or own a portion of it!) $150,000
  • Build and maintain a dream house $100,000
  • Donate significantly so that has impact $100,000

So accumulative annual is $750,000 per year

What have I concurred and realized? Once seemed difficult but not anymore?

  • Confidence over alopecia!!
  • Monthly income of $20,000!!

Unleash your hunger and desire.

Focus on your desire with laser-like intensity

You win the game of life by living on your own terms, as fully and for as long as you can!

Great day! Index funds, volleyball, good sales volume

Today has been an awesome day!

I finished my Halloween costume last night – yay! It was a week-long project that it’s kind of strange to not have to worry about it anymore.

I still went to bed late (4am) so I woke up at 11:30am today.

Spent about 3 hours eating, answering customer emails, fulfilling orders that came in through Etsy, and posted some bunny yoga pics and videos on Facebook. That’s my typical morning routine.

Then I packed up the coccyx cushions and auto-open umbrellas which I bought to see if I wanted to ASM them. I think I might with the cushion. I kept one cushion since I do like it and use it, and returned the rest at Point Roberts.

I drove to Point Roberts, to return the goods and pick up some wigs, wig tapes, and random items I got from Amazon.

It was raining today and visibility wasn’t great. I followed the GPS without getting off on the wrong turn for the first time.

I brought my laptop too, so I can listen to Tony Robbin’s Money Mastery audiobook. Rob Green had recommended it. And it was SO GOOD! Omg, I didn’t know there is such things as index funds and RIA (registered investment advisor)!! HUGE GAINS listening to this. I can’t wait to apply them.

On the way back, I went to Elena’s to take some pictures of the 8 bow tie order we got.

Then, I headed straight to volleyball. I almost didn’t bring my gear, but thankfully, I had forgotten my passport at home, and on second time leaving the house, I realized I needed to bring my volleyball gear with me.

I did quite well at volleyball today! We still didn’t win any game, but I was happy with some of the shots I made. I think the fact that I practiced on my own twice the past week has helped! I had much better ball control.

Got home, tried on my wigs, and 3 out 3 – they were great!! That was a totally surprise. The one I was the most uncertain about turned out to be the best!!! It was everything I hoped for and more! It’s a straight cut – of the bangs and ends. It could be totally wig-like and fake, or it can be super expensive-looking, like the kind of hair cut that only Tyra can afford. It was the latter!

The black wig was really cool too. I just realized I’ve never bought a black wig before! This one has silver mixed in, kinda like a yorkie.

The red one was good but not as good as the other two. It’s probably an older model. The top looked less convincing. I might be able to improve it. It’s my first natural-ish red wig. Ironically this one has the best reviews and I was expecting the most from it.

Sales was really good today at 47 sales. I can’t wait to have more colours and styles and sizes, so I can drive up the sales volume.

Jelly and Day’s video for me really sucked. That’s the only shitty thing about today.

I didn’t have lunch today. So I ate dinner as I watched Back to the Future III for the second time. It’s sooo good. I love it!

It’s 1am now…better go to bed soon! Been going to bed at 4am and waking up at noon. Not a good habit!

 

Patrick

I’ve been thinking more intensely about Patrick this past week or two. I don’t know why.

I keep saying, “I love you”.

I don’t always think about him, but these days I do. I’ve had other guys in my life lately but they don’t cross my mind at all. I don’t think about Matt, Matthew, Brodie, Ryan, or anyone. Sometimes I do think about Josh still though.

I wish I could meet someone who makes me the best version of me, and vice versa. He doesn’t have to be Patrick.

Part of me feels that Patrick still needs time and experience before we can be together, but part of me doesn’t care at all if we do end up together. He can be a handful / mind-full I’m sure.

I want to be with someone who loves me and me only. Who is funny, adventurous, sincere, wise, and kind. Who has a sense of wonder. Who is one of a kind. Who is always improving himself. Who loves life. Who is attentive of me.

I want to meet people like that. I want to be with someone like that. Because when you are with someone, I believe, together you become a bigger and better entity. So, with the right person. 1 + 1 is > 2.

 

Holiday Biz Goals and Strategies

Knot Theory is currently doing well financially:

  1. Amazon.com
    • $29K revenue
    • $14.5K profit
  2. Amazon.ca
    • $140 CAD revenue
    • $50 CAD profit
  3. Etsy.com
    • $2.2K revenue
    • $1.9K profit
  4. Knotheory.com
    • $1.6K revenue
    • $900 profit

Total Revenue: ~$33K

Total Profit: ~$17K

Suppose to expect 4~6 times revenue during Xmas. So, I”m conservatively hoping to make:

November Revenue: $132K

November Profit: $68K

December Revenue: $132K

December Profit: $68K

Total Xmas Revenue: $264K

Total Xmas Profit: $136K

 

That would be awesome!!

I’m prepared to spend $3K ~ $6K on advertising.

April~September: ~$55K from Amazon, ~$10.5K from KT (Jan to Sept, $16.7K in sales), ~$4K from Etsy

October: Expecting $15K. ~$2.5K from website and Etsy.

So this year so far I’ve net about $87K USD by end of October, which is $112.39K CAD! Wow!

So if I can net $112~$130K by end of the year, that’s $200K profit this year!!! That’s $258K CAD! After tax, maybe…$180K CAD. Still great.

Strategy:

Try all things at this time, and see which one gets the most result. Everything is amplified at Xmas, so I’ll get more information at this time.

Spent $3K to make lots more. Use that to fund the future projects!

Methods:

  1. Bloggers: mom, fitness, crossfit, police?
  2. Gift guides
  3. Youtubers: famebit celebs; give them link, encouraging them to get affiliate link? If not use knothe-20? create different coupon codes
  4. Communities: firefighters, police etc. (go to the corporation, go to the military, contact them directly; buy 1 get 1 free)
  5. Adwords – use up those ads!
  6. Hire someone to do my instagram for 2 months
  7. Learn more about Instagram, Pinterest, Copy-writing, and Blogging (Have courses)
  8. Learn more about optimizing my Amazon listings

 

Mom’s Birthday: La Mer and Earrings

I wrapped up Mom’s birthday present last night:

La Mer: two creams for $500 USD

Earrings: 3 locally made fired glass earrings for $75

Card: $10

Oh and I paid for tree-cutting yesterday. $500. Mom gave me $5000 for my birthday earlier this year though, haha

Mom was so thrilled to get La Mer creams. She said something like, “It’s so great that you’re making lots of money now!”

That’s good. Mom is proud of me. And so is Dad.

I bought a $300 USD zapper for Dad, and made a video for him on how to use it.

Mom is selling her house in Taipei, which is no doubt stressing Dad out. I hope this move has a good ending…

Accountability Journal: Oct 5, 2015

Oct 5, 2015: Progress to date

  • Last 30 days: $29.5K (with women’s ring promos, real number somewhere around $25.5K)
  • Etsy: $2.2K
  • Knot Theory website (just the rings): $0.6K
  • Total minus promo: $28.3K
  • This week’s goals for accountability: 
    1. Ship rings to Amazon.ca
    2. Add music to ring video
    3. Get started on holiday promo (priority: buy spots in gift guides)
  • Current Challenge:
    • Can’t get women’s rings on page 1. Last promo just finished. Can start playing with prices I suppose. Any other good ideas?

 

  • Overview:
      1. Knot Theory Silicone Wedding Rings (no update)
        • Men’s: New designs coming soon. New colours coming in less than 2 weeks.
        • Women’s: New colours coming in less than 2 weeks.
      2. Period Panties (no update)
        • Got manufacturer’s fabric samples. Lookin’ good!
      3. Umbrellas (no update)
        • Ordered competitors’ products.
      4. Cashmere scarves
        • Aliexpress scarves arrived. Looking good. Labeled as Burberry though.
        • Ordered competitors’ products, picking them up this week.
        • Sales of top competitor rapidly went up, now that winter is coming: Clothing: #850 (~1621units/month) #7964 (~327units/month)
      5. Quick Dry Towels (no update)
        • Tried out competitor’s product. Already great, have no big way of improving it further other than slightly better branding.
        • Fairly competitive niche. Seems like many people are thinking to do it too.
        • Will find out more about MOQ and margins before deciding if I want to proceed. Low MOQ also means low barrier of entry though.
  • Business Goals for 2016:
    • Hire 1 VA to delegate tasks to; focus more on developing new brands and scaling the businesses
    • Achieve 150 product sales a day average for year 2016; estimated 5~8 product lines needed to achieve this.
  • Milestone Celebration
    • Will celebrate when my total monthly profit reaches $25K! Current profit ~$17.5fK including bow tie sales.
    • Will hire my photographer friends, paying them real money for once. I do want good bald pics of myself. It’s a personal mission to re-brand alopecia as attractive, raise awareness, and encourage confidence. Maybe for future milestones I’ll fund other alopecians’ shoots, to help build their confidence 🙂

3 wishes

1. Everyone loves me 1000% or distance me by my wish. (Or, mind control)

2. I feel happy all the time

3. To not be bound physically. Better yet, can morph into anything and anyone I want, of any density and mass.

Hmm…but then, to be ageless and to be able to travel through time would be amazing.

More practical 3 wishes:

1. To have found true love and live happily ever after with him

2. To have the freedom and money to enjoy all the luxuries and cool experiences in life

3. To have more than enough love, joy, time, and money that I can make an impact to the world and to those around me.

What I’d do with $100M

This Quora answer talks about what disposable income you can expect from $5M (about 5%) vs. $100M (About 8%).https://www.quora.com/How-is-being-a…/answer/David-S-Rose

I’d put $50M in diversified investment and expect $2M to $4M from it annually. This would take care of most luxuries I want in life, such as a personal chef, a masseuse, housekeepers, (renting) an artificial wave machine, (renting) a fancy car, buying houses and fancy things for my parent, etc. The rest would be play money to make bigger differences in the world and take fun risks with!

I’d get to know influentials and rich people and see how they spend their money. I’m sure at that level you get to see another side of the world.

I’d build an advanced science and technology theme park, complete with hyperloop rollercoasters, simulated moon landing, mars tours, space travels, and other extraterrestrial adventures. It will also demo the latest technologies, or Tesla inventions.

I’d build experimental houses and buildings to explore good ideas, such as ones that maximize energy efficiency using different techniques. One of them will have transparent floors and ceilings, so it gets sunlight all the time. It’ll have artificial sunlight too. 

I’d invest in robotics in the hope that we get sex robots sooner.

I’d invest in VR. I want to explore a VR world and have fun in it.

I’d start a restaurant despite it being the biz with the highest failure rate. One idea I’ve always wanted to turn into reality is a restaurant in a giant dome, with sky and simulated environment projected onto the dome. As you eat, your environment (the dome wall) changes from sunrise to sunset, from one country to the next.