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January 7, 2007

My motto for 2007: plan big, execute technically

by Andrew

2007 is shaping up to be a very interesting year. My first full-time employee, 3 big projects, and unbelievable revenues are all here. I am taking the skills which I have accumulated over the past 3 years and putting them to the test. The time is to make big moves is now. Those of us who have slaved away for pennies in the past and plowed on despite failures will be rewarded.

A combination of high visibility buyouts (Myspace & Youtube) and a contracting real estate market are resulting in money being poured in to this industry at a 90s boom level. The difference this time is start up costs are very low. The founders of profitable ventures can remain majority owners. Those who can efficiently perform rapid and technical executions of their business plans will continue to take home windfall profits. The guys that choose to make this a hobby will be lucky to bring in six figures.

December 2nd I made a post — Begin preparing for 2007 today, not January 1st — did you follow through? I did. I roared in to New Years Day breaking all of my previous revenue and traffic records.

Despite all the venture capital and outside investment I am only interested in immediately profitable projects. There are just too many of these to be bothered working on something that will require sinking big VC funds in to keep the boat afloat. By taking the systems, skills, and resources that were developed in 2006 I can rapidly launch relatively complex sites.

If you feel that you are going to miss out on 2007, don’t stop. The internet is here to stay. Online advertising and e-commerce will continue to grow at an unbelievable pace, economic hiccups or not. You are in the right place. Now just do the work.

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