It's been a little over five years since I jumped into the indie pool. I don't regret a minute of it. I've made some mistakes, and learned from them. I've had some successes, and learned from those too.
Five or six years ago, author Bob Mayer coined the term "hybrid" to signify a writer with one foot in the indie world and one foot in traditional publishing. He still champions that duel path. As I was reading his blog yesterday, my first thought was "I'll NEVER go traditional--"
And the realization hit me like the proverbial brick between the eyes. I was WELL AND TRULY a hybrid writer.
I'd been sending out two short stories a year to various publishers for the last five years, more for the practice of writing blurbs than actually expecting a sale. This year, both shorts were picked up by the first anthologies I submitted to. That makes a total of four sales in three years.
However, the sales have been to small publishers where I get my exclusive right backs in three to six months and they aren't asking for the whole hog. Would I submit to one of the big five house any time soon? Probably not with the way their contracts are written these days.
On the other hand, the first short I sold three years ago ended up launching a new series.
Will I keep submitting short stories? Probably, as long as the contracts aren't too onerous. In the end, the decision comes down to what I want as a career path.
Your mileage may vary.