Dreams vs Reality: How dreaming big made me lose money
I’m the kind of person that thinks a lot about new products, new ideas, new ways of performing normal task. I just can’t stop. I’m also the kind of person that doesn’t want to be “stuck” on a 9 to 5 job, I want freedom to choose what I do and when and where I do it.
Because of my creative mind and thoughts about new ways of making money and working, I’ve made some really bad decisions that in reality made me lose more money than the one I’ve earned. It took me a while to realize that not all dreams should be attempted. By wanting to do 100 projects at one time, I ended up not doing any.
Some of my ideas went from an online shop to sell chocolate arrangements, to a dropshipping website.
I’ve spent thousands of dollars in domain buying, in services, in products and I haven’t reached any of my dreams. So, what is really going on? Is it because I’m focused on so many projects that I can’t conclude any? Is it because I’m not able to release a Minimum Viable Product to test instead of the complete product?
I’ve concluded that I simple don’t have some soft and hard skills to make some ideas work and I don’t feel the need to have it. Just because I dreamt it doesn’t mean it’s a good idea!
So nowadays, when I have a new idea, instead of jumping to develop it and spending money on the needed resources, I wait for 6 months without doing anything. At the end of the 6 months, If I think the idea is still applicable and good, I make it evolve.
Most of the ideas end up falling apart during the 6 months but the ones that stick around are much more reasonable and doable.