My Weekly Achievement Report: Progress from August 29 to September 5
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Chapter 1: Accountability Through Transparency
In pursuit of my career, fitness, and reading goals, I've found that sharing my journey keeps me accountable. This report serves as a candid evaluation of my progress, aiming to inspire others on similar paths.
It's crucial to articulate your aspirations to others; it creates a support system that can hold you to your commitments. This report embodies that philosophy, serving as both a personal benchmark and a motivational tool for you.
Note: For more insights, check out my free Substack publication, The Competitive Advantage, designed for creators and achievers.
Every week, I will publish these Achievement Reports to demonstrate my dedication to making substantial progress, just as my followers do.
I'll outline my current projects, detail my seven income streams, and share my long-term and short-term goals. Additionally, I'll offer a fresh perspective on traditional to-do lists and preview upcoming developments in my life and business. Finally, I'll wrap up with thoughts on simplicity and success, and where we can go from here.
Let's dive in!
Current Projects Overview: My current initiatives revolve primarily around "Writing and Publishing," "Reading," and "Fitness." While they may appear diverse, they are interconnected and vital to my overall growth.
Here are the key areas I'm focusing on:
- The Stairway to Wisdom: A collection of in-depth book analyses tailored for avid readers, not just those looking for quick summaries. This is my main revenue source, and I'm committed to its growth with an excellent team supporting me. [Explore it here](#).
- Reading: Books are the essence of my life. I aim to read between 150-200 books each year. You can find my complete reading list [here](#).
- Writing: My writing spans various platforms like Medium, my personal site, and others. I'll elaborate on my Medium experiences later.
- Social Media: Recently, I celebrated reaching 20,000 followers on Instagram, while also expanding my presence on YouTube, Twitter, and LinkedIn. My social media efforts aim to grow my business and attract new readers.
- Fitness: I refuse to choose between books and fitness! I’m dedicated to building my physique and helping others do the same. [Learn more here](#).
- Charity: A life focused solely on oneself lacks depth. I've discovered that charitable giving brings happiness. I regularly support organizations like First Book and Doctors Without Borders, and I plan to increase my contributions soon.
Income Streams Breakdown: I currently manage seven income sources, which may seem overwhelming at first. However, they are generally interconnected, and many require minimal effort, while one is purely for enjoyment.
When starting out, it's wise to focus on 1-3 income streams initially. Over time, diversifying protects you from financial instability.
Here’s a breakdown of my income streams:
- Stairway to Wisdom: This service is stagnant in growth, but I'm planning a new sales page and an affiliate program that should boost sales.
- This Month: $1,071
- Last Month: $1,082
- Next Goal: $2,000
- Medium: I earn approximately $1 for every 25 readers. I need to increase my writing frequency to capitalize on this.
- This Month: $441
- Last Month: $283
- Next Goal: $1,000
- Amazon Affiliate Program: This provides sporadic earnings, as I must meet a threshold of $100 before receiving payment.
- This Month: $0
- Last Month: $0
- Next Goal: $100
- Patreon: Here, I share notes from over 1,000 books I've read, generating income and connecting with supporters.
- This Month: $68
- Last Month: $68
- Next Goal: $100
- Modeling: I haven't earned much recently due to the pandemic, but I plan to return to this field.
- This Month: $0
- Last Month: $0
- Next Goal: $1,000
- Bar Job: I enjoy my part-time job at a bar despite the late hours and challenges.
- This Month: $1,000
- Last Month: $1,000
- Goal: $1,000
- Savings and Investments: My investments are growing, and I consistently add to my accounts.
Upcoming Revenue Streams: 1. YouTube Adsense: Once I reach 1,000 subscribers, I'll be eligible for ad revenue. 2. Reading Mastery Course: I plan to relaunch my course on improving reading skills, though it's not a priority right now. 3. The Competitive Advantage: This Substack publication will soon have paid membership options. 4. Published Books: I aim to write and publish several books in the future. 5. Sponsorships: I intend to incorporate ads in my content when suitable opportunities arise.
Total Monthly Earnings: $2,580 Next Monthly Earnings Goal: $3,000
Chapter 2: My Goals and Aspirations
Long-Term Goals: These objectives are integral to my life journey: - Raise $1 billion for Doctors Without Borders - Raise $1 billion for First Book - Live on 1% of my income while donating the rest - Travel to outer space - Own a part of a space tourism company - Publish at least 10 books - Read at least 10,000 books
Short-Term Goals: I define "short-term" as spanning 5-25 years: - Reach 220 lbs with less than 10% body fat - Gain 1,000 Patreon supporters - Achieve 1 million followers on Instagram, YouTube, and Twitter - Build an email list of 1 million readers - Earn $10 million in a year - Invest $10 million in the stock market - Model for an international agency - Secure a literary agent for my first book
Audience Growth Metrics: This period marks significant growth for me, and I appreciate the responsibility that comes with it.
2021 Audience Metrics: - Website Visitors: 107 - Email Subscribers: 929 - YouTube: 92 - Instagram: 442 - Twitter: 283 - Medium: 384 - LinkedIn: 305 - Patreon: 5
2022 Audience Metrics: - Website Visitors: 433 - Email Subscribers: 1,316 - YouTube: 290 - Instagram: 20,049 - Twitter: 433 - Medium: 1,495 - LinkedIn: 473 - Patreon: 6 - Stairway to Wisdom: 128 Paying Members - The Competitive Advantage: 47 Members
"Done" List from Last Week: A "Done" list tracks completed tasks, providing motivation and a sense of accomplishment.
August Goals: Looking ahead, I aim to: - Complete the new sales page for Stairway to Wisdom - Reach "Inbox Zero" - Prepare for an upcoming photoshoot - Advance my weekly book breakdowns - Revamp my Patreon page - Outline my new marketing strategies
Books Read in August: August has been a fruitful month for reading, and here are some highlights: 1. Rockefeller on Making Money 2. All My Sins Remembered 3. The Picture of Dorian Gray 4. Put Your Ass Where Your Heart Wants to Be 5. The Second Mountain 6. Awareness 7. The Power of One More 8. Highway of Eternity 9. The Ultimate Sales Machine 10. The Science of Money 11. Learn, Improve, Master 12. Make Time 13. 1Q84 14. The Greatest Salesman in the World 15. Getting Everything You Can Out of All You've Got 16. The Simple Path to Wealth 17. Alice's Adventures in Wonderland 18. Stolen Focus
Personal Updates: Aside from work, I enjoy life! Recently, I returned from a road trip to PEI and have more trips planned. I bought a 2002 Porsche Boxster and have been having a blast driving it.
Final Thoughts: Many speak of their goals but fail to act. We are not those people. We are committed to excellence and understand that success is a journey best taken together.
I have developed a robust system for achieving my goals, but remember that your approach may differ. The key is to take consistent action.
I hope this report has been enlightening and inspires you to pursue your goals. I welcome your thoughts in the comments!
Best, Matt Karamazov
Join The Competitive Advantage: If you're ready to elevate your journey, join The Competitive Advantage for support and resources to help you reach your goals.
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