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Sunday, July 15, 2007

Making Decisions Easier


Over the next couple of weeks I am working on analyzing my business direction and deciding what to do next. Brainstorming business ideas and making decisions like this one have become a lot easier. I found a great free tool from SiteSell that helps you answer questions like the ones I have.

It’s kind of funny that I found this tool, because I was just thinking that I needed a tool like this. Anyway, it’s called Choose It and it’s WAY COOL!

I took it for a test run to see what would happen and here are my results.

First, I had to decide what I wanted to choose between. So I decided to try and find out what would be the best type of business for me start if I were to start another online business. (Note: for this quick test I didn’t put in all the questions that I would really need to ask.)

On the opening screen of Choose It you are asked to type in a question. My question was:

What should my next online business be?

Then I clicked the right arrow to go to the next screen. The next screen had a list of answers. For testing purposes I typed in the following answers:

1. another blog
2. adsense website
3. ebook
4. consulting business
5. forum

Then I clicked the right arrow to go to the next screen. The next screen asks you to list what is important to you and next to each answer score how important it is on a scale of 1-100. For testing purposes I used this post as guideline for my answers. I typed in the following things:

1. time – 90
2. $1000/day – 90
3. wife and I work together on – 80
4. Enjoy doing it – 80

Then I clicked the right arrow to go to the next screen. The next screen asks you to score each answer.

Click here to see a screen shot of how I scored each answer.

Then I clicked the right arrow to go to the next screen. The next screen shows you the results. Here is a screen shot of the results:

decision results

As you know, I am involved in quite a few things right now, so it will probably be another 6 months (at least 2 months) until I start up a new business. Also, if this weren’t a test run I would factor in more things into my business decision. I would add more possible online business ideas, and break them down into their niches. The list might look something like this (just an example):

adsense informational site on hummingbirds
adsense forum for hummingbird enthusiast
adsense dating site for Illegal Immigrants
paid forum for UFO abductees
membership site for Ant lovers
NFL football blog
homeschooling blog for Dads
ebook about homeschooling for Dads
ebook about the treatment and care of Cheetahs

From my test run you can see how cool this decision making tool is. I really enjoyed using it and plan on using it soon, because I have a lot of business decisions to make over the next couple of months and I can see how this will really help me make those decisions.

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