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Thom , my previous businesses were in IT repair services which are kind of still running but I am in the process of thinking of winding them down as they have recently been slumping because of my own fault, basically neglect. My hear has not been in it for a long time. I am just going through the motions. I didn't do anything clever. I have many sites e.g, iPad Repair, iPhone Repair, business maintenance contract etc which generated business enquiries. I have an office in Central London in the City where I have/had a small team servicing the needs of the customers. I am now in a position where I am at a point in my life where I need a change in direction, for various reasons. It's never as simple as one reason. I don't have visions of grandiosity. I didn't make tons of money. However, I did do OK, and I never lost money. It always made money (most of the time). So I have no regrets on that part. But there is a lot of headache to take on as it is a service industry.
People are not going to like me saying this. But I also hate paying so much tax to UK HMRC for very little back. But I don't want to start a political discussion here, so I will get back on subject.
I am in the process of launching a service business in social media, which top be honest I can't say too much about. However, I am extremely confident about it. I have never been so confident about something in a long time. It will operate across multiple countries with staff in multiple countries. However, I am one of those people who likes to look at best case and worst case scenario. So this social media business is something I am comfortable with. It's simple old fashioned business, customer pays for service, and customer get's service. However, I was also looking at other things, like content driven sites, just in case I fell flat on my face and things did not work out. I am 38, and I consider myself old. I know I am not supposed to, but I do. Content driven sites are a new territory for me, but they interest me a lot. I am really old fashioned in the way I do business, I have a strict no loans policy, my own cash. So I don't answer to anyone. So that means I have to make it work within the funds I have. I have thought about going to crowd funding with this new venture, but I am not so sure. Although I have desperately wanted business partners over the years (just for support less than the money), I have never met anyone that was driven enough or bought something to the table e.g. sales skills, accounting skills etc. I am the worst person for accounting. An area of weakness.
Back, to the point of this thread. So in short, content driven sites would be ideal for me. I love the idea, that I could sit somewhere with just my laptop and make living from it. I realise it's not as simple as that. That the content has to be good, it has to rank, there needs to regular traffic etc. But the thought of just me working by myself with a laptop not depending on others really appeals to me. So hence why I say, I don't need to make loads of money. Just enough for a salary of say £50K and I would be happy, as I have other incomes. How hard would that be I wonder, to make £50K after taxes etc year from a content driven site!
I have ideas for some sites where I know the traffic should be huge, which I am also passionate about. So it should be easy for me to write about. I saw the competition, and I kind of feel, over some time we could take a lot of traffic from the competition. So you could say, I am in the midst of deciding my future direction for the next few years.
I hope that answers your question, in a long winded way
