Keep Searching

It's about 1am now, just came back from my meeting with my business partner ironing out the tasks to be done for the next 2 weeks.

Sitting in front of the computer, I was wondering about what else I could do to grow my business. Then another idea struck me and I am currently researching if I should enter that business.

I always felt that as a start up, it is important to diversify the business risks. There is a high possibility that a business idea may fail so having more than one business to work on levels the odds a little.

Sure, there will be opponents who say that a start up requires a lot more care and focus. However, there are always down-times for start ups: pending clients' decisions, waiting for licence approvals, delays from suppliers. These are beyond the owner's control.

Every hiccup pushes the business into lag mode and there were times that I was highly frustrated waiting for others to get back to me. Thus, I began to focus my energy on other businesses that can bring in revenue from various channels.

Caveat: I do have responsible partners helping in execution. That allows me to save time on operational matters and focus more on strategic planning and pitching.

Is there anyone else out there who have tried planting many seeds and was able to manage multiple successful projects? If so, please leave a comment, I want to learn from you too!


The Young CEO