View Full Version : I need to focus on one product
PatKing
01-08-2009, 12:40 AM
I am hell bent on developing 10 different income streams from 10 different products or services. I have doing Internet marketing and other web based revenue generation for the last 2 years. I have made some money, but I had to go back to work about 6 months ago and have gotten completely off track!
I have all these different projects I am working on, but need to stay focused on one. Someone please give me a virtual slap across the face and tell me to get my shit together and focus! :confused:
So, out of my products.....without going in to detail, where should I spend my time. On a physical product which clearly is taking much longer or a virtual product that is downloaded upon purchase. The answer seems clear to me, but just wanting some feedback! Thanks!
webgal
01-08-2009, 12:44 AM
I have found I don't particularly like selling virtual products. So I've focused on the things I like to do. But if that is what you like, then go for that. Just focus on what you like best.
So, out of my products.....without going in to detail, where should I spend my time. On a physical product which clearly is taking much longer or a virtual product that is downloaded upon purchase. The answer seems clear to me, but just wanting some feedback! Thanks!
Thats easy - Use the 80/20 rule and focus on the one or two that have the highest relative income. Use the others as a learning experience and figure out what differentiates your two winners with the highest relative income from those with the lowest. You can let the 8 losers run on autopilot, jettison them (sell them to someone else), or you can try to find a way to get their relative income up to the level of your two winners.
kamakiri
01-08-2009, 04:47 AM
You have left your muses on the back burner for 6 months, don't take them off. Pick one and work on it. Make it a habit. Ever read Zen Habits? The post today is great advice for you (http://zenhabits.net/2009/01/the-power-of-less-tips-of-the-day/). Tim also blogged about Leo from Zen Habits this week as well. Here is the link for Tim's version of the Power of Less (http://www.fourhourworkweek.com/blog/2009/01/07/the-power-of-less-leo-babauta-zen-habits/).
Set some goals for 2009, and remember if your ignored muses didn't implode in the previous 6 months, they probably won't in the next.
DaveCraige.com
01-08-2009, 06:07 AM
/\ great call on those links. Thanks!
PatKing
01-25-2009, 06:27 PM
Thank you all for the GREAT advice! I need to hang around this forum a little more! :)
Pat
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