Consistency vs Experimentation

owenbrooks

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Do you earn more money by regularly experimenting with new ideas or by sticking to a same strategy over time?
 
Experimenting new ideas is good but you need to stick to what you are good at to make money. Dont waste your time on useless stuff
 
In my experience, consistency is what builds income, while experimentation helps improve it.
I usually stick to one proven strategy, then run small tests on the side to optimize or find better angles without risking the core income.
 
In my experience, consistency is what builds income, while experimentation helps improve it.
I usually stick to one proven strategy, then run small tests on the side to optimize or find better angles without risking the core income.
Yeah stability builds the base experimentation sharpens it. Took me a long to quit chasing new ideas instead of refining what already works
 
It's usually the best thing to give yourself a reasonable timeline when you are trying out new ideas.

Once it exceeds the timeline and you don't see the results that you're looking for then you can jump to something else. That makes sure that you don't waste much time sticking to something that won't work because you are trying to be consistent.

Just make sure they're achievable results.
 
I do both. There must have an rnd section where you will try new things. Never stop experimenting.
 
It's usually the best thing to give yourself a reasonable timeline when you are trying out new ideas.

Once it exceeds the timeline and you don't see the results that you're looking for then you can jump to something else. That makes sure that you don't waste much time sticking to something that won't work because you are trying to be consistent.

Just make sure they're achievable results.
You make a valid point, it's absolutely better to have a clear timeline than to continue with something at random. Knowing what achievable results look like early on is, I suppose, the difficult part. Do you typically make that decision based only on early signs or on numbers?
 
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