One step at a time!!
This was the first quarter since I publicly shared my annual goals. The idea was to get a push in a form of external, social pressure that we all dread. And it worked. I was able to stay consistent (somewhat), prioritize my goals over other mundane things and get some work done. Here are the updates:
1. Start a website : Done. I am bit proud of myself for this one. Considering how lazy I am, I never thought I will not only get a domain name, start a website but also learn about internal & external SEO, setup auto-email campaigns to reach out to subscribers and learn a lot more things w.r.t website maintenance. I know I am a couple of decades late into this but better late than never right?
2. Write 15 blogs : By the end of Q2, I published 9 articles. So 6 short from my annual goal. But so far the learning, consumption and response has been amazing. More than 1700 unique readers spent over 140 hours reading my content. I never thought it would reach this far. This motivates me to write a lot more. And I hope I can provide value to folks who read my content.
3. Read at least 24 Annual Reports from the watchlist: This is where I lag behind. Only 10 annual reports so far. Honestly, this is supposed to be my highest priority considering that my long term goal is to become a successful personal Investor. I love to read about and analyze businesses but due to lack of focus & lot of distractions, I have not been able to spend time on learning and understanding businesses. I know this will change. And you might see a lot more business model articles on this website.
4. Read 24 books : I am really proud of my progress here. I read 15 books by the end of Q2. While how much you learn is more important than how much you read, I have observed that I benefit more from reading regularly. Quantity + consistent feedback eventually leads to learning & development. Therefore, I hope to cross my goal of 24 books this year.
5. Look-through earnings of $35k: Done. Our TTM look-through earnings crossed $36K before June. And there is a good chance that we will cross $40K of look-through earnings this year. Even though what really matters is increasing the probability of high look-through earnings in 5 or 10 years, I also wanted to have annual look-through earnings greater than my annual living costs. And I am proud of my wife & myself that we were able to reach there in just a few years.
So yes, It was a very productive first half of 2023, and I hope the momentum continues. However, I also know that the second half of the year is generally slow with holidays and upcoming travel. So I wanted to cover more ground in Q2, and that’s where I am a bit disappointed. After the initial excitement of a new website and writing in Q2, I lost the momentum in Q3 (update coming soon).
Thanks for reading.
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