Running a single business vs running multiple businesses

Nomad

Moderator (Earnings Enforcer)
Staff member
Earnings Enforcer
Gold Supporter
Literary Virtuoso
Registered Member
Joined
Sep 29, 2023
Messages
3,492
Reaction score
171
Trophy Points
13
D Bucks
💵7.756313
Referral Credit
0
As an entrepreneur, would you like to run a single business or multiple businesses. Do you think it is better to run multiple businesses or should you focus on single business? Well, I would not like to call myself an entrepreneur but I have tried running multiple businesses and as needed I have hired people to help me run the businesses. Do I make a lot of sales? sadly, no!
 
I think it is better to run multiple businesses, with this you can have more than one source of income. Though before running multiple businesses, I believe it's best you focus more on a single business and once you have been able to establish it to a certain level, you can include another one.
 
In general, prospective entrepreneurs start with a single business, after the business runs smoothly and can make a profit, they will expand their business, either by setting up a business in a different location or setting up a new business, but usually businesses that support each other.
 
I opt to manage a single business and make it big someday. It seems not good for our health. Even if we hire staff but we cannot avoid to monitor, so for me, I have to stick on a single offline and online business.
 
18,301Threads
132,331Messages
427Members
michaeldavenportLatest member
Top