Focusing in one area of business is better than running multiple businesses

[Ononivami1]

I agreed that focusing on one line of business is very good but in some situations, one line of work isn't enough. One will.need to diversify inorder to make something worthwhile.

 

[Shigobad20201]

If you want to succeed in a business , you need to take things easy with you business and not rush things and that's why you need to be running just one business at a time.

 

[Lens]

It is good to be very focus on one business but the economic situation of soke countries will make it look very difficult to focus on one business without diversification.

 

[Syldan]

Yiu are righ actually but sometimes it depends on the person running the business or the entrepreneur. running a single business can be too risky sometimes and that makes some people to specialised in two or more different kinds of business to make profit.

 

[Shigobad20201]

Yiu are righ actually but sometimes it depends on the person running the business or the entrepreneur. running a single business can be too risky sometimes and that makes some people to specialised in two or more different kinds of business to make profit.

Running a multiple business is a good way of making better income , but starting the multiple business at a time is dangerous and might cause problem for the business

 

[Syldan]

Actually running multiple form of business is associated with alot of risk but as an entrepreneur, risk is not something that will restrict you from getting what you want. you just have to bear the risk at all time.

 

[Sincerem]

I don't think so, it depends on the business knowledge that the individual has if he is able and willing to engage in multiply businesses then that is fine but if he can't then we should focus on one.

Your skill is important, if you knowledgeable about the businesses you are operating and you can comfortably run them without having a breakdown then you can open as many businesses as you seem fit.

 

[Lens]

It is not advisable to focus on one area of business. It is better to specialise on many areas of the business for better income..you will be able to make something worthwhile with many businesses .

 

[Sincerem]

It is not advisable to focus on one area of business. It is better to specialise on many areas of the business for better income..you will be able to make something worthwhile with many businesses .

This is a good way too, but don't you think Monopoly in business would give the business owners more focus on tbe business to enable achieve their business goals without been distracted by other numerous business activities.

 

[Lens]

This is a good way too, but don't you think Monopoly in business would give the business owners more focus on tbe business to enable achieve their business goals without been distracted by other numerous business activities.

It is obviously not good to focus on just one type of business you don't need to do so many businesses and that will make something that is very reasonable on the internet on a daily basis
.

 

[Robust]

Focusing on one set of business is better than having multiples but not growing and expanding. Once you have a single business and try to expand and make it grow before going into another aspect of business, it will be great.

 

[Sotherefore]

Yes I believe that people should rather focus on one and manage it to stability. Personally in the future I would like to have multiple business but there are some rules I would like to follow. Only when each and every one of them is stable before I can move to the next.

 

[Shigobad20201]

As a new business entrepreneur that just started his or her business , I mean if you at New in the business , you should know how to take it slow , so focusing on only one business at anti me is advisable .

 

[Castelione]

It is good to have multiple types of business because you can get all the types of consumer as well. Making it successful is depends on your capability if you can run multiple businesses or not. If you are planning to do so, make you sure that you will do it one at a time.

 

[Sotherefore]

As a new business entrepreneur that just started his or her business , I mean if you at New in the business , you should know how to take it slow , so focusing on only one business at anti me is advisable .

You can even focus on multiple things at a time but at the end you won't be able to achieve anything.. it will always be easier for you to focus on one thing at a time and achieve the best out of it and move on to the next

 

[Robust]

Yes, depending on one area of a business is better than doing many business most especially you are just starting a business. But if you want to improve then you can venture into others.

 

[Godspower]

Focusing on one area might actually make you more committed and dedicated to your business. However, it will lead to less profit as compared to having multiple streams of income.

 

[Psalmseen]

I'm seriously in full support of this. Having a particular business and building on it is the best. Don't run after having multiple businesses and at the end all the business fails due to proper monitoring

 

[Partisan]

Yes focusing on one type or line of business is better than going into different kinds of businesses. It is better to gain mastery over one line of business then expanding it, than being Jack of all trades yet master of none.

 

[Kelly5]

Running multiple business fronts is one way of diversifying your investments. It is a very healthy business practice to do than simply concentrating on only omer type of business. Though running one type of business gives you the time to become perfect about the business. But it's more better to diversify.