This I Know…

Right now I’m trying to decide what the next new project should be. Those three or four more Excel titles I could write? That new romance novel? That new fantasy series? Maybe a MG fantasy that I’d sub to trade publishers? A domestic suspense thriller? (Because you can never have too many names, right? Ha!)

Each has its pluses and minuses. Write more to market and maybe see much higher sales. Write something you know will sell but at a more modest level and you’ve added one more brick in the wall of steady long-term success.

Which do you choose? The guaranteed $10 payout or the 10% chance at a $100 payout?

I don’t know. Which is why I’m sitting here doing nothing. (Although I did just hit publish on a mini video course about an hour ago, so not nothing nothing. Just a little bit of nothing now that that’s pending approval.)

And what if it’s a choice between a $10 payout and a 50% chance at a $50 payout or a 50% chance at a $5,000 payout? Do I really know what the odds and payouts even are in all those different choices?

(No.)

This is what I know: If I do nothing, nothing will happen. Zero action means zero payout. So it’s better to pick a direction and go in it than to sit still and do nothing because I can’t decide.

So enough. Time to act. Maybe I’ll just break out the old D&D dice and roll the six-sided one. That’s always a healthy way to make life choices isn’t it?

Author: M.L. Humphrey

I am a former securities regulator, registered stockbroker (although only briefly), and consultant on regulatory and risk-related matters for large financial institutions with expertise in the areas of anti-money laundering regulation, mutual funds, and credit rating agencies. Since 2013 I have also been a published author who writes under a variety of pen names across non-fiction, fantasy, and romance.

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