How many businesses can one person manage simultaneously?

[Ifective]

Managinh different and too many businesses might be risky and is not advisable because you can lose focus on all of them. However, if one can find different people to oversee the businesses then there won't be any problem. It's like trying to appoint different people to help you manage your business.
In this case, one can run as many business as possible

 

[Seun4luv]

It's nearly impossible to run many businesses without an excellent team helping you manage your responsibilities. In some cases, it may even help to hire an assistant to help you keep track of your different responsibility.

 

[Judee201]

First of all you have to learn how to fully exploit the art of delegating, which I can see you already have knowledge of (by engaging moderators). But you could delegate more aspects to create more time for yourself. Next create a mastermind (people with similar ideologies, passion and perhaps knowledge) for the projects you have at hand and finally do not try to be a JACK OF ALL TRADES. Hope this helped.

 

[Chizfab]

Easier said than done, l will advise people to put attention to the one business they have and do it very well by putting it your best. But if you must add more business to the one you already have, please and please do a business that is in the same line as the one you already have. Don't not have two opposing businesses to avoid clashes.

 

[Kelly5]

Whenever you go into a business venture they may always be different fields to the business that you may want to venture into and generally if it is your first business, then you would incorporate all of these fields into a single business that you can manage. However there are some people that decide to get brave and they decide to open up multiple businesses at the same time and each business Focuses on a different product or service. How viable do you think it is to operate or run more than one business at the same time?

Surely if you are running one business you can fit all of your time and your focus to that business however if you have more than one business your attention be split between all of these businesses and it may result in one of them suffering. What are your thoughts on this?

One person can manage as many businesses as possible as he or she can manage. This is not to say that the person should become a jack of all trades, no. For as long as you can get the proper hands to physically man these outfits, then you should be fine

 

[shakky2]

this quetion varies on individual personality,how many business you think you van handle that wouldn't lead to failure should be considerate.dont rush into businesses with selfish interest as this will lead to fail attempt of one but of all the businesses because it would have effect on the others

 

[Read cash]

If you are a businessman, you can handle a lot of business at a time. If you are in the newsfeed, you should be able to do one business at a time because you do not know much about each business right now. Should do only one thing at a time. If you work too much, you may face loss

 

[GIFTMICHAEL]

It is possible to run different business at the same time.
Running a single business in different branches can be very nice than running a different diverse business simultaneously.
This is why specialisation in business is very rewarding.

 

[Sunnytee]

You can create separate LLCs or corporations for each of your businesses, because there's no limit to how many a person can form. The biggest advantage to this approach is that each business won't have to assume the risk of the others; they'll all be legally and financially protected from one another.

 

[Akinwale701]

Whenever you go into a business venture they may always be different fields to the business that you may want to venture into and generally if it is your first business, then you would incorporate all of these fields into a single business that you can manage. However there are some people that decide to get brave and they decide to open up multiple businesses at the same time and each business Focuses on a different product or service. How viable do you think it is to operate or run more than one business at the same time?

Surely if you are running one business you can fit all of your time and your focus to that business however if you have more than one business your attention be split between all of these businesses and it may result in one of them suffering. What are your thoughts on this?

This is a question that depends on what they call individual differences. as for me, I can run at least two businesses together very well at the same time and neither of them will go messy but I do not know of another person. also, I believe if one wants to engage himself in more than one work, the other should be a paid job.

 

[Planet408]

There is always a variation in every individual capacity in coordinations and handling or management of businesses simultaneously. I can manage too many businesses at same time but another fellow may find himself deficient or incompetent to deliver that same activities which I do deliver.

 

[singlej007]

Running multiple business at the same time is not an easy task at all, meanwhile there are people who does it successfully, just like you said, they have learnt lot of this business, trade and fail in it and then learn their lesson and decide to combine all they have learn and do different.

 

[Chibson]

Well, it depends on the capabilities of the person and his ability to walk simultaneously. I've seen people who occupied so many positions at the same time, of course they are doing the work well and they feel comfortable because they got double pay for it.
So, it is possible, one person can even hold two to three positions.

 

[Abbas ali]

Ways You Can Successfully Oversee Multiple Businesses

1. Use the same physical space to run both places. ...
2. Bring the two businesses together as much as possible across processes. ...
3. Prioritize what needs your attention. ...
4. Try not to sweat the small stuff. ...
5. Make lots of lists and follow them. ...
6. Use a time-tracker tool for your multiple businesses.

 

[Frank]

If one happens to have more than one business then it should be a business that does not require the presence of the business owner at all time, it is possible to have about three business at the same time, a all you need is a trusted person that will be thee in your place.

With the coming of technology, it is very possible to manage more than 1 business every day. All you need is to use the right technologies to keep track of what happens in such business on a daily basis. This is what we see with business owners that even install Cc TV cameras in places of work.

 

[Greatguy1]

One person can manage so many business successful if he has a holding Company that has employed professionals to manage the different business the person possesses. The ideal thing to do is to employ people more intelligent than you to handle the various businesses.
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One person can manage so many business successful if he has a holding Company that has employed professionals to manage the different business the person possesses. The ideal thing to do is to employ people more intelligent than you to handle the various businesses.

 

[SammyOlas]

Yes you can join more than one business at a time as long as you have knowledge and experience of the different kind of business you are venturing into and most especially the capital that will be used in running the business because it's one thing to have an idea of a business, it's another thing to have the capital to establish it.

 

[abubakar3141]

Without an incredible coach helping you manage your responsibilities, it's almost impossible to run various clients. In some cases, hiring an assistant to help you keep track of your various responsibilities may even help. You want to spend time on significant work when running multiple companies.

 

[Nurudeen]

I think the amount of business individual can do simultaneously will depend on the capacity and capability of the person itself and In some cases there are some who can't even handle one job due to their laziness talkless of handling two or more

 

[Shayo]

It's possible to manage multiple businesses but it may be a little bit tight and time consuming i prefer focusing on a business tho.
A business needs full attention because just a decision made in hurry or with a stressed up mind can make the business go sideways.