Time management is especially important if you have more than one business venture because you have to be able to effectively manage your business and at the same time give the necessary attention to both without focusing more on one than the other. This can be very hard to navigate for any business in my opinion.It all depend on the person to manage the business, if the person bus smart and brave enough, he can manage as many businesses as possible. But the time matters a lot, he has to plan on how to make good use of his time.