What to do...

**pcbres16** · 03-05-2011 09:04 AM

Hello All,

I am a full time student, work 2 jobs, and am involved in some ventures at the moment.
This is pretty much my delemia right now. I know I want to do something involving business (majoring in Finance) and that I want to start a business, not really to make massive profits, but mainly just to give myself a change of pace and to gain some new experience. The problem lies with this...I don't know what to keep focus on! Here is a list of all the ventures I am currently involved in:

Online Newspaper
Buying and Selling Textbooks
Application design

and I potentially have an offer to become a partner in a tech comapny (website design, SEO, hosting, ect).

I see to gain a huge amount of passion for a project and keep that passion for about 3 months, then it dies and I loose interest in that project.

Should I just review everything that I have going on and pick only the one that has the most potential and that I am most passionate about and run with that, or should I keep working on all of them?

What are some of your opinions on this?

**chanson** · 03-05-2011 03:17 PM

Your only one man. being a college student I assume you dont have funds to hire talent to help you with handling your ventures. I am not going to tell you to go one direction or another, but honestly it doesn't sound like you need anyone to tell you which makes most sense in this situation...

**Capitalist_Pig** · 03-05-2011 10:03 PM

I used to have this problem - jumping from shiny object to shiny object, never really completing or accomplishing anything...

My interests are varied and diverse, which lends me to this kind of behavior. How I broke the cycle, though, was to plan and goal a bit differently. Instead of saying "I want to have a successful business selling vinyl decals" - which I did, and still do some - my goal was "I want to run this business for six month, evaluate where I am, and decide whether or not I should continue." After doing so, it became apparent that while the business was profitable, it wasn't scalable, and I was just trading time for money. I was no better off than if I had gotten a second job at McDonald's, from a monetary standpoint.

Set your goals so that you're not trying to succeed in one of the niches you're interested in, but trying to build a business. Then, take the time to evaluate yourself, see how you're doing, and change plans or choose another opportunity as necessary.

In the end, I discovered that I'm more passionate about making money than I am about any of the means to do so that I've tried over the years.

**chanson** · 03-06-2011 05:05 AM

Originally Posted by Capitalist_Pig

I used to have this problem - jumping from shiny object to shiny object, never really completing or accomplishing anything...

My interests are varied and diverse, which lends me to this kind of behavior. How I broke the cycle, though, was to plan and goal a bit differently. Instead of saying "I want to have a successful business selling vinyl decals" - which I did, and still do some - my goal was "I want to run this business for six month, evaluate where I am, and decide whether or not I should continue." After doing so, it became apparent that while the business was profitable, it wasn't scalable, and I was just trading time for money. I was no better off than if I had gotten a second job at McDonald's, from a monetary standpoint.

Set your goals so that you're not trying to succeed in one of the niches you're interested in, but trying to build a business. Then, take the time to evaluate yourself, see how you're doing, and change plans or choose another opportunity as necessary.

In the end, I discovered that I'm more passionate about making money than I am about any of the means to do so that I've tried over the years.

I like this response. I think the main thing to take from it would be this - one thing at a time, but at %110.