Wednesday
Aug252010
Rebirth
Wednesday, August 25, 2010 at 11:15AM
Moving Average Inc. (the corporation that publishes this website, my books, etc.) has struggled for a few years now without great success. At our best we have sold a few books per month. At our worst, we have sold zero books per month.
Clearly a sustainable business this does not make. To fix this, I've come up with the following somewhat vague plan:
- Buy out my co-founder. I want to change the focus of the business to topics more dear to my heart, and among other motivations, it didn't make sense to drag a co-founder into my personal passions.
- Trim the fat. I have a few projects that just didn't do well, like Take Cover. Was lack of marketing part of the problem? Probably. I need to prune dead projects and focus on successes.
- Focus on the intersection of my interests and my expertise. No more projects of purely intellectual interest. I want projects that I'm passionate about and that I have something to contribute to.
- Put my money time where my mouth is. Spend time on my interests. Put my interests where my business is. I'm no longer going to work on a project just because it is a "good idea".
- Start with small projects and expand based on demand. I can't afford multi-month projects that don't cover their own costs.
- Measure and get feedback. In projects before Crafting Beer with (512), I was shy about getting lots of feedback before publication. I need to address this weakness. See item 5.
- Document what I learn publicly. Since I no longer have a co-founder to discuss the business with, I'll document my thought process here.
tagged Business, Publishing