June 22, 2005

a good mentor

I spoke with Rav, the founder/CEO of Ravgen. It's a biomedical company that wants to create a new standard for diagnosing fetuses in pregnant women. The basic problem is that 2% of fetuses get aborted when testing for whatever because the needle gets inserted into the womb. Ravgen has created patents and techniques to take the blood from the arm, instead of the womb, which lowers the miscarriage rate to 0%.

Anyway, I impressed him with my real estate business, and I told him that I would have 400k of my own money to put into the business after 1 year of full time effort. I think this is realistic if we have door knocking up full speed, as well as signing, direct mailing and classified ads. I estimate we will have a 50k deal per month if we just do door knocking alone (from previous experience).
From Direct Mail, I project 5 to 10 phone calls every month, which will bring in another 10k per month.
Signing and classified ads consistently brought in at least 10k per month.

So the point is, when I see the numbers of everything working properly, I get 900k per year.

After this year, I will be poised to enter the biomed business full steam. Rav offered the ideas and people and capital, if I could show him that I can man the ship, and this year I will do everything I can to prove the systems work, and I'm right.

18 days later..

So it was about 18 days ago that I moved back into my house. I bought plane tickets to China, so there's no turning back. I'm leaving July 12th, and I have no clue what to expect. I'll need to get a Learn Chinese program to prep me for China, luggage, travel bag, camera, etc. etc.
I've also read through and implemented David Allen's Personal Organizational System. It seems to be working quite well so far. I've only used it for about 10 days, but I'm getting very productive, and seem to forget things a lot less. I need to make some tweaks to include priorities and then I'll be set. The tickler file I'll set up today.
I've set up a tickler file type system for leads handling. I'll need to continuously tweak it until it works just the way I want it, and Brad uses it.
As far as equipment, I've purchased folders, post it notes, paper stacking trays, a file cabinet, and a new printer.
The printer will allow direct mail to be sent out without any hiccups.
All the other stuff is to keep everything more organized.
DSL will be in July 5th, which is when I come back from my trip with Dave.
I'll give ~weekly updates on how the personal and leads organizational systems work.

June 09, 2005

living semi-dependent

It's been crazy for the last couple days. Not having a permanent place to live, not having all the tools I need for making money.
I really understand now the pain of moving from one place to another, like a true nomad. It's very hard to set yourself and be productive while moving things in and out. This is why most people only move every couple years.