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Should you run many businesses or focus on one
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[QUOTE="Knowlopedia, post: 278443, member: 91868"] Assuming you have the time and resources to run many businesses, there are a few benefits to doing so. Diversification can help protect you from potential downturns in any one industry, and spreading your businesses across different industries can give you a better chance to find success. On the other hand, there are also a few potential drawbacks to running many businesses. It can be difficult to keep track of everything and you may have a hard time attracting top talent to work for you if you have a reputation for being a “jack of all trades, master of none.” Ultimately, the decision of whether or not to run many businesses or focus on one comes down to what you think will work best for you. If you’re confident you can handle it, there’s no reason you can’t be successful with multiple businesses. But if you think you’d be better off putting all your eggs in one basket, that’s also a valid option. [/QUOTE]
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Should you run many businesses or focus on one
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