SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > Original SOWPub Forum Archive
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Poll: kvdr9V
Poll Options
kvdr9V

 
 
Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1  
Old December 11, 2000, 04:09 PM
Rick Smith
 
Posts: n/a
Default Re: OPEN for discussion: DO WHAT YOU LOVE, THE MONEY WILL FOLLOW...

Gordon wrote -

> But what is at issue is DOING WHAT YOU LOVE
> and the MONEY WILL FOLLOW.

> So, I now open the floor for discussion.

Well, alrighty then. I'll be more than happy to take my shots at the discussion topic. *g*

IMO, there are multiple facets to this issue.

1. As many of you know, using a few marketing techniques *and* doing what I love, (that is working in the IT field and specifically developing software which I now enjoy more than hardware - that's significant because I started in hardware), I was able to double my income in less than 90 days. In fact, it's a little more than double now because of a couple of small raises I've gotten since I started here. (Yup. Just got my annual review. Some of the input came from a still-wet-behind the ears engineer who's trying to make a name for himself. Man! Sure reminded me why I hate that part of corporate life.) Anyway, here's the caveat. A few months back someone was posting on another board that one could become rich by getting into the IT field, developing software, etc. I had to throw a wet blanket on him. Here's why. Yes. One can be well paid in the IT field. But it's just like selling any other product. The buyer, (in this case employers), have to want what you're selling, (your services). Otherwise, you get nothin'! So here's the point. You can have the money follow doing what you love but you better be darn sure that the buyers love what you're selling. Otherwise, you better find something else to love!*g*

2. I spent 5 years doing what I loved developing and marketing a software product for a specific industry. Guess what? The market didn't love it and the money didn't follow. Why? Because we made some crucial mistakes; the most egregious of which was giving the market what *we* thought it wanted. So guess what? They stayed away in droves. We sold only a handful of copies of the software. And while the software still has tremendous potential, it still vastly underperforms that potential WRT to sales. The difference is I don't care anymore. My ex-partner still has a small core of people using the software and he's continually upgrading it to meet their demands. So guess who gets paid a pretty decent hourly rate to keep the old versions going and write the new stuff? *G* Yup. Yours truly. So it worked out in the end but it was real rocky for awhile because we ignored some critical marketing issues. (That's another story for another day. *g*)

Rick Smith, "The Net Guerrilla"
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 06:11 AM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.