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Originally Posted by Bama
The scenario I'd suggest is this:
Hire someone to build your bucket and the trails while you continue to work...
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I've tried outsourcing, but it didn't hold water. My project requires a specific set of skills I have developed during the years. The cost of outsourcing would simply be too great, and would require an enormous investment in training on my part - probably one bigger than the amount of time it would take to do it myself.
Also, the project already includes a great amount of outsourcing - which is why it's gonna require most of my savings. But the work I have to put in myself is still great, and partly because I have to manage the outsourcing.
Also, your example isn't quite accurate, because the project is composed with tasks which I have performed in the past and know that I can do them well - and how long it takes to do them. I also performed a little proof of concept so I have a some high validation of my business plan.
My last risk assessment produced this list of three major threats:
- Falling behind engineering schedule and running out of money
- Extreme change in search engine behavior
- Significant decline in PPC prices