1. Success

How to Choose Your Next Project

Like so many entrepreneurs, I face this insidious problem from time to time.

With so many ideas and prospective projects floating around, which one could I possibly choose over others, and why?

I’ve wrestled with this quite a bit over the years, and while there’s a lot to admire in the Halbertian Operation Moneysuck type of philosophy (always choose the project that pays the most, in the least amount of time), sometimes you just need to go further.

Creative Commons License photo credit: star5112

I suggest you try something like this. It’s worked wonders for me. 

  1. List all the possible projects you could sink your teeth into right now (it’s important to just get them out of your head and onto paper so you can deal with it).
  2. Go over each one, and say to yourself: “I really got into XXX, and the result was…” or “I started by YYY and before I knew it…” – completing the thought with what you FEEL will happen. Don’t force it, just say what naturally comes to mind.
  3. Write down the resulting outcome for each: “…it really took off and became my main revenue source” or “…I realized it wasn’t really what I needed to do, so I let it be for now” or “…it morphed into a side business that now takes care of itself.”

As you do this, your brain will complete the sentence with the likely outcome you already unconsciously know to be in the cards. It’s kind of like looking back at the situation from the future.

This is a great way of taking stock of your ‘idea resources’ and figure out, in quick progression, what you really should be doing NOW.

Just do it, and Enjoy!

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Comments to: How to Choose Your Next Project
  • January 21, 2009

    Excellent points! Thanks Juho 😀

  • January 22, 2009

    Hey thanks! Use it, I swear it works… 😉

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