Chasing Shiny Objects: How to Break Free and Build Real Wealth in Digital Marketing, Information Publishing, and Software Development

by Simon Hodgkinson

As experienced marketers, publishers, and software developers, we’ve all been guilty of it. The allure of the next big thing—the new marketing trend, platform, or groundbreaking idea—can feel irresistible. It’s human nature to be drawn to shiny objects, especially in industries where innovation often feels synonymous with survival.

But here’s the rub: chasing shiny objects is the entrepreneurial equivalent of falling in love with rainbows. You start the chase with enthusiasm, but before you reach the pot of gold, another rainbow appears, and off you go again, leaving behind unfinished business, unrealized potential, and untapped wealth.

In this article, I’ll explore why this mindset is so pervasive, how it undermines success, and, most importantly, how to shift your focus to achieve faster, more sustainable results in digital marketing, information publishing, and software development.

The Psychology of Shiny Object Syndrome

At its core, shiny object syndrome (SOS) is rooted in two key psychological drivers:

  1. The Fear of Missing Out (FOMO): Digital marketers and software developers live in a rapidly evolving world. Every week, there’s a new social platform, ad format, or AI tool promising to revolutionize the game. The fear of being left behind can be a powerful motivator, pushing you to spread your focus thin.
  2. The Dopamine Hit of New Ideas: Starting a new project triggers excitement. The possibilities feel limitless, and there’s no baggage—yet. This is the honeymoon phase, where challenges seem solvable and the potential feels infinite. The rush is addictive, making it tempting to jump from one new idea to another.

While both drivers have evolutionary roots, they’re disastrous for long-term success in business. Why? Because they create a perpetual cycle of starting but never finishing, which leaves wealth and growth on the table.

The Hidden Costs of Chasing Rainbows

To truly understand the damage caused by SOS, we need to unpack its hidden costs.

1. Unfinished Projects Mean Wasted Resources:  Every new idea demands time, money, and energy. When you abandon one project to pursue another, you’re not just leaving potential profits behind—you’re squandering the resources you’ve already invested. For marketers, this could mean ad campaigns left unoptimized or audience segments left untapped. For software developers, it’s half-built features or apps that never see the light of day.

2. Erosion of Credibility:  Your audience notices when you hop from one venture to the next without fully committing. Whether it’s an incomplete course, a buggy software release, or a neglected community, your reputation takes a hit. Credibility, once lost, is hard to regain.

3. The Opportunity Cost of Focus:  Every minute spent chasing a new idea is a minute not spent scaling or optimizing what’s already working. SOS is a distraction that prevents you from doubling down on proven strategies that could generate exponential returns.

4. Mental Exhaustion:  Constantly pivoting drains your mental bandwidth. The excitement of starting something new fades quickly when you’re juggling multiple unfinished projects. Decision fatigue sets in, and your overall productivity suffers.

Why Experienced Marketers Are Especially Vulnerable

Ironically, it’s often the most experienced marketers and developers who are the most susceptible to SOS. Why? Because experience breeds confidence—and overconfidence can lead to the illusion that you can manage more than you actually can.

Additionally, the curse of knowledge plays a role. The more you know, the more opportunities you can see, and the harder it becomes to say no. But saying no is critical for success.

The Antidote: How to Overcome Shiny Object Syndrome

Breaking free from SOS doesn’t mean abandoning innovation or ignoring new opportunities. It’s about developing the discipline to evaluate and prioritize ideas effectively, ensuring you extract maximum value from every project before moving on.

1. Establish a Clear Vision

The first step is to get crystal clear on your long-term goals. Ask yourself:

  • What does success look like for me in five years?
  • What is my ultimate mission in this industry?
  • Which core strengths do I want to leverage?

A clear vision acts as a filter, helping you evaluate whether a new opportunity aligns with your overarching goals. If it doesn’t, it’s a distraction.

2. Adopt a “One Big Thing” Philosophy

Commit to focusing on one major project at a time. This doesn’t mean you can’t explore other ideas—it means those ideas must wait their turn. As Gary Keller emphasizes in The ONE Thing, extraordinary results come from focusing on what matters most, not what’s most exciting in the moment.

Action Step: Create a "Parking Lot" for ideas. When inspiration strikes, write it down, but don’t act on it immediately. Revisit your parking lot periodically to evaluate whether those ideas still hold merit.

3. Systematize and Delegate

For digital marketers and software developers, building systems is the key to scaling without distraction. By systematizing repetitive tasks and delegating execution, you free up mental space to focus on strategic growth.

Example: If you’re publishing online courses, automate customer onboarding and delegate content creation where possible. For software projects, adopt agile development practices with a clear roadmap and defined milestones.

4. Set Ruthless Priorities

Evaluate every new idea or opportunity against these three criteria:

  1. Alignment: Does this align with my long-term vision and current goals?
  2. Impact: Will this generate significant results compared to my existing projects?
  3. Feasibility: Do I have the time, resources, and skills to execute this effectively right now?

If an idea fails to meet all three criteria, it’s a shiny object. Let it go.

Strategies for Digital Marketers

For digital marketers, the temptation of SOS is particularly acute, given the constant influx of new platforms and trends. Here’s how to stay grounded:

Focus on Evergreen Strategies

Instead of chasing every new tactic, invest in strategies that stand the test of time. For example:

  • Content Marketing: High-quality, SEO-optimized content can drive traffic for years.
  • Email Marketing: Build and nurture your list—it’s an asset that’s immune to algorithm changes.
  • Conversion Optimization: Doubling your conversion rate on existing traffic is often more impactful than finding new traffic sources.

Embrace Data-Driven Decisions

When tempted by a new idea, let data guide your decision-making. Test it on a small scale before committing significant resources. This minimizes risk and ensures you’re pursuing ideas with proven potential.

Strategies for Information Publishers

In information publishing, SOS often manifests as the rush to create new products without fully capitalizing on existing ones. Here’s how to avoid that trap:

Maximize Lifetime Value (LTV)

Instead of launching a new product, ask yourself: How can I generate more value from my current offerings? Ideas include:

  • Upsells and cross-sells
  • Membership or subscription models
  • Licensing and reselling rights

Build Evergreen Funnels

Rather than constantly creating new products, focus on perfecting evergreen funnels that generate consistent sales for your best-performing offerings.

Strategies for Software Developers

For software developers, SOS often takes the form of feature bloat or starting multiple projects simultaneously. Here’s how to maintain focus:

Prioritize the MVP

Stick to the Minimum Viable Product (MVP) until it’s proven. Once you’ve validated demand, scale with additional features. This approach reduces risk and accelerates time-to-market.

Focus on Retention, Not Just Acquisition

It’s easy to get distracted by new ideas for user acquisition, but retention is where real profits lie. Invest in improving the user experience, customer support, and feature adoption.

Conclusion Part 1: Stop Chasing Rainbows and Start Building Bridges

The allure of shiny objects will always be there. But as experienced marketers, publishers, and developers, we have the tools and knowledge to resist the chase. By focusing on one big thing at a time, systematizing your efforts, and prioritizing evergreen strategies, you can achieve faster, more sustainable success.

Remember: wealth isn’t built by chasing rainbows. It’s built by laying brick after brick on the path to your goals. The next time you’re tempted to run after the latest shiny object, pause and ask yourself: Is this taking me closer to the finish line, or is it another distraction?

The choice is yours—but your success depends on making the right one.

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