Do you mind sharing partially on what the product is about?Major Pivot time.
In the past few months, I have not accepted any new web dev work. I have decided not to continue with web dev work for a few reasons. But the major one is that managing clients are a major pain in the *ss. And it takes too much work for me to find good quality clients. When I look at the time spent versus my income, it's simply not worth it any longer.
Maybe this is just a shiny object syndrome, but I believe my next business will be the one with the highest potential and requires very little time to maintain. It's a digital product.
The product can be created in 2-3 days and there is quite a bit of demand for them. A healthy amount of competition but that just makes me much more confident in scaling this business beyond my freelancing gig while not increasing my workload.
I have already started advertising and sold 2 of them. Not profitable yet even with a 95% ish margin on the product.
The great thing about this business is, the more I create and advertise, the more I will earn (+no headaches associated with traditional e-commerce). So there's a potential for high income and the market is big enough for me to compete in.
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Another business I am looking into is Amazon KDP, I love to read fantasy in my free time (particularly when I am traveling long distances) and I don't mind spending 30min - 1hr per day writing a short story to release there.
But digital product is still my main focus.
I will occasionally come in and update you guys on my progress. TBH, I am too lazy for it lol.
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