Sketchbook When should I start making a portfolio? May,2012

My problem is as follows: I'm thinking about making a portfolio but I'm also wondering if I should just get more paintings/drawings done first. I think that if I first make a portfolio with some good pieces and some unfinished pieces or ones that could be better, I could just start updating those after I've assembled some kind of a portfolio.

But then I think maybe I should just practise more and do more studies and then maybe after that I should try to update some old drawings or do more finished pieces.

But then I get nothing done, because everything I do feels like I'm avoiding the other. If I'm making a sketch, I should really be finalising a piece for my portfolio. If I'm finalising a piece for my portfolio, I should probably already have some portfolio where I could put that piece into. If I'm working on a portfolio, I should probably be making more drawings I definitely want to put in my portfolio. If I'm doing this, I'm avoiding doing that, so I get nothing done.

I don't know, what's your take on this? Is it more useful to make any portfolio first, and then update it, or just keep pumping out more drawings... and then make a portfolio? Either just feels like procrastination to me at the moment, so I'm hoping you could help.
When should I start making a portfolio?

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