My advice: forget the deadline. Imposing a deadline on a result that is largely beyond your control will serve no constructive purpose. You should only set deadlines on things that are within your power to control, e.g. I will finish X by time Y. But putting a deadline on the market to respond is just silly.
If you want to be a millionaire, here's the procedure:
1. Pick an activity that you think will make you a millionaire within a reasonable time frame.
2. Engage in that activity for that time frame.
3. Are you a millionaire? If so, you're done. If not, figure out what you did wrong in step 1 based on the information you acquired while engaged in that activity. (Often this turns out to be some kind of mistaken assumption about market dynamics, sometimes about your abilities.)
4. Iterate.
This procedure is not guaranteed to terminate. But it does tend to converge.
Yes, but picking a deadline means that you put a time limit on the effort, and have a good guide on when you should just give up. If it is not working for you, you should give up and try something new, but when you are involved heavily in something, it can seem like the payout is just around the corner.
You have way more information on whether the effort is likely to succeed when the deadline rolls around than when you initially set the deadline. If the payout really is just around the corner, it's silly to give up on it just because an arbitrary deadline rolled around.
I found it's much better to establish firm hypotheses when I begin a project, and then as I plan out the project, make sure that the hypotheses will either be validated or falsified along the way. If the premises under which I began the project have been proven false, then it's time to quit and do something else. But if all the premises hold yet it just takes twice as long to do everything as expected (which is fairly typical), it's worth sticking with it until the end.
Yes, well of course. But you can get yourself into the situation where the payout always seems to be just around the corner, when get into the sunk-costs trap.
The deadline should give you a change to step back and properly evaluate your situation at a specified time, hopefully with some external help.
If you follow a rational path, you will find yourself going in the same direction as many more. There will be no much money to reach because other will be there before taking you money. If you can't run at top speed, don't use your legs. If your mind is not top one, don't use your mind. If you don't have a lot of imagination, don't dream.
Becoming millionaire must be a way to find a secret force that only you can use. Don't be rational.
If you want to be a millionaire, here's the procedure:
1. Pick an activity that you think will make you a millionaire within a reasonable time frame.
2. Engage in that activity for that time frame.
3. Are you a millionaire? If so, you're done. If not, figure out what you did wrong in step 1 based on the information you acquired while engaged in that activity. (Often this turns out to be some kind of mistaken assumption about market dynamics, sometimes about your abilities.)
4. Iterate.
This procedure is not guaranteed to terminate. But it does tend to converge.