View Single Post
Old 10-14-2011, 04:10 AM  
Iron Mike
Confirmed User
 
Join Date: Nov 2004
Posts: 460
One (very) large project or a bunch of smaller sites - where to focus on?

Hey, say you have a very good idea (more a bright, detailed vision) for a (big) new project, you'd like to put all your effort into it, you are hot for it!

Pros:
- might become a leading site in its niche and therefor could be VERY profitable
Cons:
- Its risky, could be a failure, you never know...
- all work and time bound in one project for a longer time (say 6-8 month)
- no profits for a longer time (say 4-6 month)


On the other hand you have a lot of smaller projects in queue. Sites are overdue, need to be done soon.

Pros:
- diversification
- almost safe (small) profits
Cons:
- lots of time and work bound -> no time to develope the BIG THING


I think the easiest way would be to focus on the smaller sites, take the profits, and go for the big site then.

But you all know, the internet changes fast, what is hip today is gone (or saturated) tomorrow. Plus there's the vision, the flame inside one's heart: you want to be creative NOW, even though it's irrational to do it right now...


So, what would you do?
Iron Mike is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote