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What does success look like here? Are you purely looking for additional income? If so, how much risk are you prepared to take on, are there any industries you
by thenomad 12y ago
What does success look like here?
Are you purely looking for additional income? If so, how much risk are you prepared to take on, are there any industries you don't want to work in, and what's your income goal?
Or are you looking to make income AND do something else? (That's the case for most people - very few people are just looking for money at the end of the day.)
If so, in addition to the questions above, what's the "something else"? Do you want to use skills you enjoy? Learn new skills? Help people? Help less fortunate people? Build something?
You've already mentioned you want to develop your sales skills. Why do you want to sell physical products specifically? Do you want to build something, or just do sales?
- atroyn 12y agoGreat points. The income isn't the main goal - my day job keeps me comfortable, and to be rational I'd at least like to make a return above what I could get on a term deposit, but with interest rates being as low as they are that's not an especially lofty goal. Definitely not trying to build a replacement income. With respect to risk, I'm ok with losing about 50-60% of that amount over 12 months, so long as by the end I've learned what I set out to. No specific industry in mind, but I'd like to deal with people whose needs I understand. The main goal is to learn those sales and marketing skills in a hands on way. I'd like to be building something as well, but that's secondary. And I'd like to do that by selling something useful and/or enjoyable for people. Physical products seem like a nice counterpoint to my day job which is a bunch of coding and abstract thinking, math and so on.