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 have spent close to twenty years as a regulator and consultant in the financial services industry. I am also a former stockbroker with degrees in Economics, Anthropology, and Psychology from Stanford and an MBA from Wharton and I have self-published more than a hundred titles across non-fiction, fantasy, and romance. This website is where I tend to talk self-publishing with a small smattering of business, life, and Excel mixed in.

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