I’ve just killed my babies

Posted by Jim in My companies at November 6th, 2008

Having had a year off, I’ve been working recently on a portfolio of projects to get going in 2009. However, this week I’ve decided to kill off 3 of the 4 projects (and it’s nothing to do with global financial turmoil):

  • A software-as-a-service idea which links the sales cycle, the fulfilment cycle, capacity planning, and the financial cycle - dozens of competitors (albeit with 70% solutions), and a market already served. The unfulfilled need for a better solution is still there, but I’m not going to pursue it.
  • A top-end “interim executive” agency, effectively CxOs for rent - not enough demand to support a viable stable of talent in the city where I live;
  • One I can’t talk about, but let’s just say my view of the strategic imperatives and that of the other party were at odds.

I’m still working on a 4th project, helping a friend to get his business to the next level, but that’s not likely to keep me busy full time.  So it’s back to the drawing board. Know any decent businesses that could do with a new owner or at least a new perspective around the board table?

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