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Why make the goals for 2019 so small? This makes things asymmetric the wrong way. The risk associated with doing this is too high considering a 6k per revenue
by js4 8y ago
Why make the goals for 2019 so small? This makes things asymmetric the wrong way.
The risk associated with doing this is too high considering a 6k per revenue goal annually. When the cost is your savings and, more importantly, your time.
You don’t need to change the world or anything but why not make the goal 100k?
This will help you focus on things that can make 100k.
- james_s_tayler 8y agoCos you first actually just need to make some amount of money. Any amount of money. Small is a good target. There is no guarantee you can even hit that. So you make the easiest possible Target to hit and then you ramp it up as you go.
- mtlynch 8y agoThe poster who replied below sums up my feelings about it. The appeal for me is that with a small project, I get a tight feedback loop. If my goal is to make $100k in a year, I have to take some pretty huge swings, so maybe I have a higher chance of making a large sum, but I also have a greater chance of making $0. Is It Keto is fun to work on now because I have some levers and knobs, so I can see how adjusting them affects my income. I made $1.20 in December and it's looking like around $25 for January. That's lower than what I hoped but I'm getting that feedback quickly, so I'm learning a lot about what's working and what's not. If it were something where I'd have to sell $500/mo packages to each client, I feel like I'd have many months of $0 where I can't tell if I'm close to making money or if I'm totally off track .