i came to this business in 2001, after my original sites which relied on “Traditional ad” revenues, had lost their sponsors. Since october, i’ve mainly spent time going back to that business to try improve it, while i try to realign my gaming affliate sites to focus outside the US. I’ve improved our monthly revenues in that business from about $1k to $6k in 8 months. within a couple of months of working on the original sites and PPC revenues, i felt pretty good, that i’d found a second business that i could ultimately earn a living from.
Starting Over? I’m doing it for the 3rd time in 9 years.
Worth it? with respect to gaming aff business and my non-US component, still not worth it. For my non-gaming business? yes
In my cases, failure forced the change and i’ve shifted into other industries as a result. After the initial weeks of being depressed and feeling overwhelmed, i actually get excited and motivated that i’m trying something new. since 2003 i’ve made a lot more money and enjoy my work much more than when i worked as a software developer. My success in this business has made me feel confident of my ability to deal with change and keep making money.
So, whether you choose to rebuild the old business or realign yourself with a new industry/area, it’s important to try. Be confident, but not cocky and get to work! 