My apologies for the lack of activity on this site for the past week or so. Believe me when I say I was very disappointed for this to happen - I felt that I was getting into a groove, traffic was building, and my writing was improving with every post. Sadly though, I realised that I had too much on my plate (self inflicted) and that I needed to take a break from a few things. It saddened me that this site was one of the things that had to fall by the way side for a few weeks but it was a decision made on purely economic reasons.
Put simply, I had taken on too many projects and I needed to prioritise them. I chose to do this based on the expected reward:effort ratio each project provided.
Expected Reward vs Effort
I have mentioned before that this site is not exactly a good business proposition in terms of the amount of time and effort it requires and the financial return it brings in. The main purpose of this site is to help people, not make money, but when I am planning on quitting my job in 2012, money is an important issue.
Recently my software development company, 16 Threads, has been gaining momentum which is great news. We've already secured a contract to produce an iPad application for a local government department and we've got several other clients interested in our services, as well as some in-house products in the works.
The future of 16 Threads is looking very positive, which is great because it is an integral part of how I plan to make money when I quit in 2012. But of course this increased work means that I have less time for my hobbies, like writing articles here. You win some, you lose some.
In reality this site has brought in less than $10 for an estimated 300 hours of effort. That's under 4c per hour.
On the other hand my work for 16 Threads is going to yield me a reward thousands of times higher for a similar level of effort. No contest.
In an ideal world I would love for the majority of my time to be spent working in the self help and personal development industry but until that becomes viable in terms of providing an income for me I will persist with it as just a hobby.
I don't foresee any drastic things over the next few months (apart from my wedding) that will prevent me from writing articles here so you will continue to see me posting useful articles. I'm not going to go away, but I might just have to scale back my efforts until things settle down.
The good news is that once I establish a few money earning sources for 2012 and quit my job then I will have a massive influx of time and I plan to spend a significant portion of that here, writing articles and helping people.
So stay with me…I've got plenty left to write. :)