Entrepreneurial Urges

[Sam1]

Now I have to say- I have never made money online (unless I've sold a site, which only netted me at most $30 profit). Overall I have lost money.

Part of my reasoning behind why I've lost around $200-$250 through varies projects is because I am not in them for the long-term and I quickly want to start onto something else.

Today, I was debating whether to take out another $100 to start a domain reseller biz with Godaddy... In the end, and believe me this is probably the first time it has happened, I said no to myself!

I realize that I already have four things that I am working on which could net me some profit...

-My directory: which is now sitting at a predicted PR of 3 (I need to get this to PR4)...
-ForumSkinz.net: Well my trial at Mybb theming yesterday made me realize how much work was needed.
-My arcade: I know what I have to do, just need to sit down and redo the site again.
-Selling my 3 domains I bought for domain flipping. I need to do that otherwise there is another $25 lost.... I have listed them once and am going to have to lower the asking price or develop them to sell.

Anyway I suppose I am writing this to stop myself from making another mistake.... This is going to be the year I make something online!

Sam

 

[xpl0iter]

Yeah I know that feeling. Happens to me every now and then. My attitude is like, hey whats there to loose? So I used to start everything that my mind tells me to. Of course only if I am not that bad at it and I have enough money. I can't say I haven't had bad experiences. But most of those had good returns.

Also I always look for smaller returns, that way my profit is less, but the good thing is, my loss is also less if something didn't work out very well.

 

[mogoko]

It is very easy to get distracted, whereas you need to focus on what you already have, and make them amazing!