Quote:
Originally Posted by Hony
But seems that the "success" we had before was a fluke as we can't repeat it or continue it. And now our previous skills are 15 years and 10 years respective out of date,
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I could have written that as the statement applies to me, too. What I did right 5-8 years ago no longer works. Well, it works, given the twists and turns in the market, but the font has dried up in how exactly I do it.
In my case -- yours may be different -- I know what I need to do to reboot, but the laundry list is so extensive it's hard to know where to start. And, some of it requires additional capital, which I don't have. I used my last capital to kickstart another business idea I had that unfortunately hasn't gone anywhere yet. I underappreciated the amount of face-to-face selling it required, and that kind of selling I'm not particularly good at.
From what I'm reading, Bill's business is lead generation for direct sales. People need to call to drop $200+ at an unknown Web site, and I recall you're not in the US. I think your physical location can greatly influence the scope of what you can provide in that market. And if you have kids and others to care for, that makes for a stressful day.
You have excellent writing skills, and like Cherilynn suggests, I wonder if you couldn't write/edit/publish eBooks. I'm putting together several (non-fictional, semi-technical) at the moment that I wrote several years ago for something else, and am repurposing the material. Given the track record of similar eBooks on Amazon, I think these will each add to the pot, and each book points to (mainstream) Web sites where I sell related products. Not many, but in a year's time it's $10-12K extra in the bank that I wouldn't have gotten otherwise.
I'm pretty certain that a key to all this is to incrementalize your income. Four years ago I spent six months writing a new kind of software for streaming video. To this day it's wholly unique, and to this day I have not sold a single copy. I put all my focus and energy into ONE thing, and lost track of other market pressures that have driven the Internet away from the kind of software I created, to something much different. I could have built quite a few Web sites about quite a few products in that six months. I'm still trying to recover from the loss of traction.