DilipShaw - 8:01 am on Dec 22, 2008 (gmt 0)

If you're not the persisting

Persistence is there nerd. Scrapping a project comes after everything has been given 100%. Its a hard decision, painful, but sometimes required.

That is why its important to do feasibility study before jumping into a business. That said as far as online business is concerned, feasibility study is possible only after actually investing time and money in a business.

Here are some examples of people scrapping projects:

Aaron scrapped ThreadWatch.

Peter scrapped SearchEngineBlog (alas - Such a great domain but...)

There are many other examples. The fact is sometimes its wise to scrap a project, but first give 100% to it. I am sure 3 out of 5 projects will work.