Welcome to Admin Junkies, Guest — join our community!

Register or log in to explore all our content and services for free on Admin Junkies.

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

Although, it is good to specialise on one particular form of business inorder to ensure optimum performance, but the recent economic Solutions of the country would not allow you to depend on only one stream of income, you will have to work on so many businesses.
 
Advertisement Placeholder
If running of multiple businesses impact negatively on the business then a proper review of the operations must be done. Getting managers to run Some of the business will be a good thing.
For me I see anything wrong with one running multiple of business if actually you have enough capital to run as many business as possible you can go ahead, because for me I like having so many business if actually I have the money.
 
For me I see anything wrong with one running multiple of business if actually you have enough capital to run as many business as possible you can go ahead, because for me I like having so many business if actually I have the money.
Same thing with me I do not actually see anything wrong in running multiples businesses once you can handle it and take good care of it with out it bringing you down in one way or the other. I can see people at my side who are managing multiples businesses and are progressing.
 
if you are a beginner a business it is important and necessary that you focus on one area of business and grow it to a reasonable extent. Then after some period of time you can venture into others.
 
Same thing with me I do not actually see anything wrong in running multiples businesses once you can handle it and take good care of it with out it bringing you down in one way or the other. I can see people at my side who are managing multiples businesses and are progressing.
Yes there is nothing wrong with running multiples of business if actually the person can handle it properly, and also if the person have enough capital to run it because for me I have see one person having more than three business that is handling.
 
There are so many business owners who tend to run multiple businesses and they have no choice but to hire managers for their business, as it might not be possible for a businessman to run many businesses at the same time.
 
Actually focusing on one area of business is more better than running multiple of business to some extent you can not be specialised or expanded because your attention is divided.
 
Some people can multi-task though and be successful with it but most people can't. I think if you are going to work on multiple projects, you have to be very strict with your time schedule.
 
Focusing on one area of business is cool actually and it can lead to specialisation. though I think the simple saying is not applicable to everyone, alot of people running multiple of business and they are still successful while those running one can not even sustained it.
 
Focusing on one area of business is cool actually and it can lead to specialisation. though I think the simple saying is not applicable to everyone, alot of people running multiple of business and they are still successful while those running one can not even sustained it.
Focusing on a particular area of business will make you concentrate and become an expert in it. However, having various line of businesses will increase your streams of income.
 
If you look at popular businessmen in your country, you will see that most of them have multiple businesses. If you have funds and if you can set up a good team, I think it is not a big problem to create and run multiple businesses. Well, I own multiple businesses and I am doing fine. I hire people as needed and run my businesses.
 

Log in or register to unlock full forum benefits!

Log in or register to unlock full forum benefits!

Register

Register on Admin Junkies completely free.

Register now
Log in

If you have an account, please log in

Log in

Would You Rather #9

  • Start a forum in a popular but highly competitive niche

    Votes: 9 27.3%
  • Initiate a forum within a limited-known niche with zero competition

    Votes: 24 72.7%
Win this space by entering the Website of The Month Contest

Theme editor

Theme customizations

Graphic Backgrounds

Granite Backgrounds