Quote:
Originally Posted by Libertine
Find out what works, optimize it and scale it up until profits top off. Maintain what you have, and experiment to find out the next thing that works. Optimize and scale that up until profits top off. Et cetera.
Meanwhile, automate everything you reasonably can. Minimize the time you need for maintenance while maintaining the same level of quality. Outsource those parts of your operation that do not require a personal touch, do not contain essential information about your business, and can not be automated.
Also, diversify when possible. Be prepared for markets to slow, crash, rise or explode. Put yourself in a position where you can easily profit from sudden hypes, and immediately react when you see something that might be the next big thing. If you're wrong 50 times and right just once, it will still easily be worth the work, probably many times over.
Get projects you think you might want to put time into some day started quickly and lower your standards. That way, when you have time, you'll immediately be ready to go and have the benefit of longevity.
Oh, and focus.
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Also very true.
Even if it is some $8 an hour assistant posting your forums, submitting tgp galleries, or scheduling updates. Get that maintenance bullshit work off your plate and go work on some new shit, or testing new shit. Sit at the head of the table.
I am so much more productive after investing in scripts and automation for sites, plus hiring three part time assistants to do the routine, mundane, bullshit. Now I am free to work on new projects. Which is more rewarding financially, and emotionally.
