Tag Archives: selling

Too Many Ideas, Not Enough Time

31 Oct

The beauty of working for yourself is that the possibilities are endless. In the past couple of years I have learned that it is smart to not have all your eggs in one basket. Crucial even. When all of your eggs are in one basket you are setting yourself up for stress and likely even failure. What if your basket gets knocked over or raided by egg eating dinosaurs? Your business will fail.

It is a huge stress relief to not have to rely on just one stream of income. Currently Tom and I have four sources of income that will hopefully grow in the next twelve months to more like ten sources of income. It is such a relief to know that if, god forbid, Amazon we’re to close our account we would still be able to put food on the table for our family.

Amazon is currently our largest source of income and that is because it is the most viable option given our time constraints. The kids are only at the sitter two days a week which severely impacts our ability to expand. Tom working 48 hours a week at his primary job definitely doesn’t help the time issue.

It has been an incredibly difficult balancing act for us. We want to give every business the time and energy that they deserve, that they need, but time is the big killer for us. It is a work in progress and hopefully something that we learn to adapt to. Working for yourself is just that, WORK. It often involves 16 hour days and 7 day work weeks. It involves organization, accountability and the ability to wear 100 different hats at the same time. Accountant, secretary, sales, tech, customer service, and in my case wife, mommy, maid and chef too.

There is no magic formula as to which venues you should go into. People have varying success in all of them. Look at all of your options and figure out which of them fits in with your business plan. I have been brainstorming future arbitrage opportunities:

My own website
An ebook
Traditional employment
Craft fairs

To name a few.

What are your strengths? Where do you see your business going? What will make you happy at the end of the day? What will be worth your time to do?

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