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All the Perl that's Practical to Extract and Report
I pour the blue liquid on the red liquid. If it doesn't blow up on my
face, I proceed to turn up the flame under the blue liquid, and so on.
I have very little idea of what I am really doing, I just like the
pretty colors :-)
-- Jarkko Hietaniemi
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Large sums and low risk ? (Score:2)
But
Please, don´t even mention large sums and low risk together. Except if you say they don´t go together any more since the bubble burst.
If you want to create some software that you can distribute more than once and charge money for that you are in for either an investment (in time and money) or you have to copy the work of someone else. In either case you have high risk.
You also seem to put less emphasize on the 20/80 rule. In every business 80% of the revenue will come from 20% of the customers. Sometimes it is even 5/95. While you might try to avoid this it seems to be a fact of life.
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Re:Large sums and low risk ? (Score:1)
I guess my wording sucks.
The main point of the article was -supposed- to be about how to build a 20K/year business in the mass consumer market. This "diversifies" your revenue (Day Job + Own Business + ? Wife's Job or Investments?)
That way, if one goes sour, you have a parachute.
The "big bucks" option - #3 on my list - well, that's an entirely different discussion. Perhaps I shouldn't have brought it up