Introducing the Thatch Mound Projects

Allow me to give a short introduction of the projects I’ll be working on in the next six months. Counting this blog, there are seven total projects I’ll be splitting my time between, three of which are already “live,” and four of which are yet to be revealed. To start with, I’m focusing entirely on web-based projects, since websites don’t require a lot of money to run (I’m paying $12 per month for decent hosting). The primary commitment required for a website is time, which I now have 40 hours a week of.

Active Projects
In addition to this blog, there are two other projects that are already up and running:

Seattle Bubble
Seattle Bubble is a real estate blog focused on the Seattle area. I started it in August 2005, and since then traffic has grown to over 3,000 visitors and over 10,000 page views per day, and currently has three active contributors. Although the blog began with a focus on the “real estate bubble,” it has evolved into more of a broad focus, basically providing analysis, news, and commentary about the local real estate market.

I’ll be continuing to update Seattle Bubble with daily posts, as I also work to add more useful and interesting features such as extended market analysis, commentary, interactive maps, etc.

Priced Out Forever
Priced Out Forever is another real estate website, but rather than focusing in specifically on Seattle, it casts a wider net, looking at real estate in a more general and theoretical sense. The site came online in the Spring of 2006, just as the real estate bubble was peaking. The main body of the site addresses general market principles, specifically the concept of being “priced out forever” (hence the name).

Most of the work on Priced Out Forever will be coming up with interesting content to update the blog at least a couple times a week, and hopefully adding the occasional piece to the “more” section.

Unreleased Projects
I’m going to be sparing with the details about projects that I haven’t actually gone live with yet, for what I assume would be obvious reasons. However, I will be updating the progress of each project as I go along, so here’s a vague introduction of each of the other projects, referred to by their code names.

Project Artichoke
Project Artichoke is a content site, similar to Seattle Bubble or Priced Out Forever in that I will be updating it with fresh content at least weekly. It will be locally focused, and the current schedule is to bring it online sometime in April.

Project Madison
Project Madison is a service-oriented site, where the functionality of the site is the primary draw, rather than fresh content. It will require a lot of research and development to get off the ground, but assuming the framework is well thought out, once it’s up and running it shouldn’t require a large ongoing time commitment. Due to the large amount of work required, Project Madison is scheduled to come online in July.

Project Pubblefish
Project Pubblefish is a group project that I’ve been working on for some time now with a few friends. It’s also service-oriented, and we hope to have it in “public beta” within a few months. Most of the time I have put into this project has been on evenings and weekends. I’ll be spending at least some of the regular work week on this one, but also continuing to work evenings with my partners on this one.

Project Sahara
Project Sahara is a will be populated with fixed content, and will sell a series of products related to the site. This is a project I’ve had on the back burner for a couple of years now, and although the money-making potential isn’t extremely high, it’s something I still really want to do. I’m planning to have Project Sahara live in April, around the same time as Project Artichoke.

So there you have it. Is seven projects too many to take on in six months? I guess we’ll find out!

9 Comment(s)

  1. Hey Tim,

    Congratulations – you’re living the dream!

    I’ve added this blog to the list I visit daily.

    Good luck!

    -J.R.

    J.R. | Feb 6, 2008 | Reply

  2. I guess I will visit this every day too. As you know, I always wanted to earn money from a home business, and am still trying. I am not making much, but it will be fun to watch you do it! Sounds like you have done your homework, and have well thought out plans. I plan on using Jonathan’s education in business to help me out from time to time, but I will probably learn much from watching you. God bless your effort!

    debbie janz | Feb 6, 2008 | Reply

  3. Will the service oriented sites rely on ad-revenue or will the users have to pay monthly fees or something?

    Joel | Feb 6, 2008 | Reply

  4. Well I don’t want to reveal too much about the unreleased projects, but I will say that the service-oriented sites will be bringing in at least some of their revenue directly from the users. There will be some advertising as well, but most likely it will be independently-forged advertising relationships, rather than automated text-ad type of things.

    The Tim | Feb 6, 2008 | Reply

  5. “Project Sahara” – quite an appropriate name if I do say so myself :)

    I’m enjoying this site and look forward to following your growing career.

    Rachel | Feb 6, 2008 | Reply

  6. I can hear it now.

    Web 3.0 baby! Monetizing eyeballs ! AJAX-on-steroids! We don’t need no stinkin’ profits.

    :-)

    Seriously, good luck. I give you a 1 in 10 shot. Maybe less, b/c you’re actually too conservative (it helps to be relentlessly/overly optimistic as an entrepreneur)

    jcricket | Feb 7, 2008 | Reply

  7. You say here that Project Sahara should have been up around the time of Project Artichoke. How close are you to bringing Sahara up and running?

    Adam | Apr 4, 2008 | Reply

  8. Good question Adam. I have since reassessed the potential of Project Sahara, and moved it back on the priority list. My next big goal is to work on Project Madison, which is by far the most time-consuming project, but also the one with the largest revenue potential.

    The Tim | Apr 4, 2008 | Reply

  9. Good to know. Thanks, Tim. With this priority shift, is Project Madison still scheduled to debut in July?

    Adam | Apr 5, 2008 | Reply

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