Quote:
Originally Posted by Ankesh
How many businesses does Richard Branson juggle?
(I had heard it was 400 companies!)
The trick in juggling multiple businesses and income streams is this:
- Start with just one at one time.
- Systemize it. Document how everything is done. Create guidelines for things that can't be systemized.
- Hire good managers.
- Then add the next venture.
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you're building an EMPIRE Ankesh!!
.. but I was asking how many distinct "businesses" or income streams YOU could operate at the same time. I'm assuming your advice was to laser focus on one until profitable??
I'm a dummy trying to juggle three, work 40 (+) hours a week (but I'm weird in that I actually LIKE my j.o.b.), selling on Ebay, and sell a couple of services using Gimp ( on Fiverr).
AND since the service I'm offering is basically breaking out part of what I'm selling on Ebay I've started considering myself doing 2 1/2 "jobs."
still under my limit of three! adding to the domains I own as I've sold a couple before for $100s and it's a more passive form of income.