We've been rather busy since early 2010 working on a technology (project) requiring significant amounts of R&D effort.
Of late, it reached a (very interesting) stage where it started spinning-off small (and some not-so-small) by-products, like there's no tomorrow!
(Those who're interested can seen some of the by-products below:
http://www.RapiDefs.com
http://IPLoc.info and http://IPLoc.info/api)
A recent off-shoot of this work gifted us with an idea the commercial potential (and the Whoa! or Golly! factor) of which can easily make the primary project pale into insignificance.
If we move forward with this (the latest by-product), we'd almost certainly have to sort of ditch the original one or, at least, put it on a back burner for a long/ish time.
As the sole owner of the company, I have pretty much a totally free hand in making decisions but I'm not really able to make up my mind on this one.
I'm turning to you all for your opinions/suggestions. What would you do in a similar situation? Please let me know.
ps. I've not mentioned specifics of either project for the sake of brevity. If you need more info in order to opine, please ask. :-)
Besids that article, what to do in this situation obviously depends on your context of-course. Make sure you a 360 degree view of the situation, the pros and cons of either decisions. The regrets that either decision might bring. I always advice people to think about the regret minimization framework when making major life decisions.
Also the hypothesis is success could come by either route but the "by-product" has higher probability and a shorter road to product. Please try and validate this assumption as soon as possible, just so your not building castles in the air and taking a decision on unfounded hunches.