Hey everyone! This thread is already full of great tips. I hope this thread provides inspiration to many.
613_Jesus, your post is gold. I already am trying to implement the results detachment by launching multiple sites (but still putting in a sold amount of effort into each). In the past I would daydream about an idea, maybe register a domain but never actually implement anything before coming up with my next great idea. So I never failed but all my successes were in my head

I'm going to start making a success journal. Some of this stuff is mundane and boring and I need the momentum.
"the first week I spent from 6PM when I got home from work till 8AM the following day to go to work reading about it."
When I time my work I'm doing real, essential work. I don't track IMing, forum/blog/ebook reading or even viewing and comparing statistics. When my timer is running I'm doing something that I'm forcing myself to do. I'm not tracking my time as I write this forum post. The typical cubicle slave works 4-6 hours according to statistics and honestly that could be cut down on. I worked 1.5-2 hours of real work at my old job.
1.7 hours was on a weekend day. And I'm a bit embarassed to say but that was a good weekend day.
Just to give an update on the last two weeks:
* Did 13 hours of work last week and around 10 hours so far this week. I know this sucks and honestly its embarassing. But do remember that this is real solid work, not me dicking around in Google Analytics or WF. Most people would be exhausted if they put in 6 hours in a day of what I am categorizing as "work". I'm outsourcing the more tedious tasks.
* In my defense - me and my friend went out clubbing on valentine's day and met this chick (a 6.5 but I'm a strict grader) who was moving out to San Francisco at the end of the month. I tapped it that night and saw her several times til she left. This of course hurt the amount of work I did. Honestly I don't get laid that much and was going through a dry spell so I feel I am justified by pursuing this.
* My trophy blog is not doing well. It's not building RSS subscribers and traffic is dying down as a writer I've hired is taking over for me. The niche is a lot more competitive than I originally anticipated. I'll probably continue it til the end of March and reevaluate.
* Media diet has been very hard to keep up. Goddamnit I love reading! I'd find a real food diet more easy than not reading. I've been a lot better about it - keeping mostly to my subscription to the Financial Times but everyday it is a constant struggle. This has helped though as I've come up with some good niche ideas just through my mind wandering.
* A niche site that I've built from the ground up and doing grunt SEO work just to test stuff received 12 organic visitors from Google yesterday. Not bad, now I just gotta take this model and scale.
* Greatly improved the landing page of my software site by adding testimonials. I'm hoping this will yield another $100/mo in profit.