Business Idea to Business Venture: Measuring Success

With any new venture, whether it’s at the point of business idea or at the point of business execution, you need to assess whether you’re stepping towards or away from success. That’s not always an easy process and sometimes you need to be brutally honest with yourself in order to make the right analysis.

It’s pretty funny. At this point, I’ve been writing the blog for almost three weeks and I think that I’ve done farely well in the process. If you look at Technorati, my blog already has a so-called Authority of 11, I’ve had a daily high of over 100 unique visitors coming to the site, and I’ve started to accomplish my goal of refining my own thought process and helping others do the same.

After all, that’s what this really is about. I don’t need to sift through the Internet and troll for the latest commotion about business ideas, personal finance, technology, and finance. Sure I do it as part of my job, but why would I want to spend countless hours trying to encapsulate that information in a well-defined, concise, and to-the-point post. It’s already in my head, and writing is a lot of work and not economically worth it — I’ve earned a whopping $2.07 in the month of May (this turns to negative cash flow if you consider my hosting fees of $6.95).

I could have done better hawking Baby Ruth’s on the local street corner.

However, I measure success by a different metric. When I hear a colleague or a friend that’s read the blog and they’re ready to challenge my thoughts, or just question me about my position, it’s all worth it.

I’ve done what any blog is supposed to do. Ideate and instigate.

Not in any particular order.

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This entry was posted on Thursday, May 24th, 2007 and is filed under Business Ideas.

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