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Posted about 10 years ago

POAM for REI

I owed myself some action items from Ch. 2.

I have a rough draft of the Plan of Action and Milestones (POAM)

1- Read 1 Book a month on REI/Business/Self Improvement

*6/1/15 finished ABC's of REI by Ken McElroy

2- Consumer Debt Free, Curently owe $6,500 in Credit Card Debt 

Milestone August, 2015

3- $10,000 Savings not including TSP (401K)

Milestone January 2016

4- $20,000 Savings not including TSP (401K)

Milestone July 2016

5- $30,000 Savings not including TSP (401K)

Milestone January 2017

6- $40,000 Savings not including TSP (401K)

Milestone July 2017

7-Start marketing Campaign when I return to the States.

Milestone January 2018

8- Complete One wholesale deal a month.

Milestone July 2018

9- Buy first buy and hold Passive Income $285

Milestone July-December 2018

10- Complete One Flip a year

Milestone January-June 2019

11- Complete Two wholesale deals a month.

Milestone January 2019

12- Buy second buy and hold total Passive Income $571

Milestone July-December 2019

13- Complete three Wholesale deals a month

Milestone January 2020

14- Buy third buy and hold total Passive Income $857

Milestone July-December 2020

15- Buy forth buy and hold total Passive Income $1,143

Milestone January - July 2021

16- Complete two flips a year

Milestone July 2021

17- Buy fifth buy and hold total Passive Income $1, 429

Milestone January - June 2021

18- Complete three flips a year

Milestone July 2021

19- Buy sixth buy and hold total Passive Income $1,714

Milestone January- June 2022

20- Buy seventh buy and hold total Passive Income $2,000

Milestone July-November 2022

Please give me any feedback. thanks

George


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