Excitement of New Development

I am a sucker for designing NEW sites, with NEW content and most importantly cool new development.  There is something fun and interesting about the challenges involved with starting a  new site and getting people to notice it.  I find that the interest starts to wane after a while.  It is like my first forums, I just loved tinkering with phpBB and buildig addons trading posts and getting members to register.  However that love affair died after a while and now I rarely post on any forums, and have a hard time even logging on to my own sites on a daily basis.  In fact I sold most of them a while back.

The same was with my first arcade site.  It took a bit to get it online and when I sold it I made a profit, but I would have made a lot more if I just kept it and kept working on it, but it just wasn’t interesting any more.

That all said, I am not sure that this new project that I am currently working on is going to have the same problem.  Sure it is a new site, but it is also in a crowded niche with a lot of other sites out there.  This is a site of love more than anything.  Even the custom app that I am in the process of building is more for personal use than anything else.  I do hope that other people will use it, but if they don’t I am sure that I am going to get more than enough use out of it for myself to warrant the time and money that I am putting into it.

Afterall, I do have a day job, and everything that I do online is more about a hobby, something to keep my mind off of the day job when I am not there than anything else.  As a plus it is a hobby that keeps my mind sharp and makes a bit of money too.  Much better than all of those hobbies that I could have that ultimately just costs money.

Getting a Dedicated Credit Card and my bike

Last night I started to realize that I don’t have a dedicated credit card for my business transactions.  Sure I have enough cash to cover just about everything and I do 90% of my online business through PayPal, but I have been finding more and more that I think that having a CC to buy that offline stuff that it takes to run an online business would be great.  Especially since I do all of my business stuff through my own name so that I don’t have to register a business number and all of the headaches that takes.  I simply claim all of my earnings on my tax return, however for the last couple of years it wasn’t a big deal since I was able to claim expenses and have the business be revenue neutral.

This year however I don’t think that I am going to have that luxury.  I have not had as much time to do investing in online properties so I have been accumulating cash, which is not a bad thing, it just means that I am going to be taxed on it at the end of the year.

Last night I had a pleasant surprise, my new bike was home.  I have a friend building me a new bike since I wrecked my old one.  I have been without for about 2 weeks, and it has been tough.  I don’t think that it is “finished” but it is more than done to get me around before the snow starts to fly.  And then I can get all of the bells and whistles finished.

As for my CakePHP project, I haven’t had a lot of time to spend on it.  I am starting to think that it would be much faster to drop the MCV, but maybe that is simply because I am not sure what I am doing yet.  I am going to work on it as is until the new year,  I think that I should have a good BETA online by then.  In the meantime I am going to start to work on a front end.  This is going to be a ready made CMS, probably Drupal since that is what I know, however since Mambo is going Cake I may decide to look at that for this site, since I am going to have a cake install anyway.

Stupid US Dollar

On the surface my cash-flow is starting to really take a hit.  I have been doing all of my work in US dollars, and since I haven’t had to pay for any services in the last while I haven’t had the chance to take advantage of the strong US dollar.  However on the other hand I am making about 15% less than I was 6 months ago simply because the US dollar has become so weak against my native currency the CAD.  They are actually trading on pare where I set my prices when they were about .85-1

Now I am not sure what I am going to do about it.  Should I start to buy more services and get ahead on any of the ideas that I have with my current bankroll, or should I try to raise the cost of my own services to recover the cost of the falling US? 

I really thought that I was going to have till at least the new year before I was going to have to start thinking about this.  It is amazing how the greed in the financial world can take down the entire system when people start to bite off well more than they are able to chew.