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A Change in Direction

Posted on : 12-13-2008 | By : Mike | In : Life, Store

2

I have been doing some sort of on-line retailing since 2002. While selling physical products is something I love to do, it has been only marginally profitable. In fact, the last two years I have lost a little money. The biggest cost has been on my time. It never grew large enough to justify having a payroll and as a family business, it didn’t involve the whole family. The time cost is larger than just spending time on the store. Selling physical products always had time pressure to get the orders out. It is the time I am not spending with my wife and children. The purpose of this blog is to chronicle my journey to spend more time with my family. This change of direction will help with that.

Beginning immediately, I will be shutting down my physical products operations. I will be selling out my inventory. The stuff that sells well will be sold at regular retail. Everything else will be discounted to move quickly. I plan to have most of my inventory liquidated by the end of January. What’s left will go on eBay. By the end of December, the present incarnation of Ten Foot Table will be gone.

What will I do? I plan to write – both e-books and blogging. I also plan to do affiliate marketing. This kind of work can happen in the fringe hours after God, family, and my regular job. I think I will have a lot to offer by going in this new direction. Mostly for my wife and children.

I am not down about this decision. In fact, I am at peace with it. It is the right thing to do. I will have better focus. It is in God’s will for my life.

There is that maketh himself rich, yet hath nothing: there is that maketh himself poor, yet hath great riches. – Proverbs 13:7 (KJV)

Comments (2)

I am glad you are at peace with this decision – and that you know what direction you’re headed. My hubby and I feel a little lost right now… hopefully we’ll get some clarity soon.

[...] to start my own business. It is perhaps inaccurate to say that I am starting my own business, as I already have one – it just isn’t making any money! This is better described as a re-start of my [...]

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