Some great news. Nate gave his notice at his current job and will definitely be working full time on the sites and blog beginning in January 2007. I am extremely excited because this has been our goal since we started this entire website project – to earn enough that we could both work full time doing what we love to do. We hope that we now will have enough time to implement a lot of the ideas we have.
This news has also made us consider what we are. What exactly do you call entrepreneurs that are no longer beginners, yet still have a ways to go to be able to say that they have made it and can be considered dot com moguls. While not a very good name, the one that came to mind is a “junior entrepreneur.” That is the position we find ourselves today.
We’ve passed the stage where we must scrimp by on whatever income happens to arrive each month (and doing other work to make ends meet if necessary), but certainly haven’t hit it rich where we no longer have money worries. There seems to be a lot of advice for the two extremes (for those beginning and from those that have made it), but not a whole lot to be found on where we currently stand in the middle. Here are a few of my own thoughts:
A Short Congratulations: When you meet a goal, it’s always good to step back and give yourself a pat on the back for making it a reality. Three years ago we thought this would take a minimum of five years to accomplish, but we took a few calculated risks and were able to achieve this a couple of years early.
Time To Get Back To Work: I already mentioned what I believe it takes to be successful on the Internet and now that we have accomplished this goal, it’s time to get back to work. I must admit there is a part of me that wants to relax and coast for a bit, but while we have reached one of out main goals of us both working full time, it isn’t my ultimate goal of writing this blog from exotic places all over the world 😉 We still have quite a ways before we reach that point, and we think it is going to take another 2 years before we have a chance to reach that level. So back to work it is…
Stay Focused: I think one of our biggest challenges is to stayed focus. One of the great things working together is that we both have a huge number of ideas. While that is great, it is also one of our weak points. We have so much we want to do and try that we sometimes lose focus of the main goals of building the core sites. It’s time to refocus back on those areas.
Don’t Panic: After the joy of reaching a goal, there is a time that I pause and look at the next mountain that needs to be climbed. That always looks formidable and I need to remember to focus on the individual steps that need to be climbed and not how high the mountain is. Just because we have reached this point, we know that there will still be ups and downs, unexpected obstacles and changes that may completely change our current working landscape.
Enjoy: When you have worked a long time on something, you need to make sure that you still enjoy what you’re doing. Once you lose that, you know it’s time to move on because whatever you’re building isn’t going to flourish. When things get frustrating and we need to make calculated risks, we also need to remember to continue to have the fun that brought us to where we are now.
It’s certainly an exciting time for us. We’ve enjoyed the ride until now and want to enjoy it just as much in the coming years. We see a huge potential with our sites and blogs that we have yet to tap and feel that we can grow tremendously if we make the correct moves and continue to work hard like we have been doing. We’re happy to still have all of you that joined us in the early days and look forward to meeting a whole new generation of people as we move on from here.