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Start Ups: Starting two businesses at once. Is it recommended for a new entrepreneur?
JP
JP
Josh Pigford, Entrepreneur. Currently building Baremetrics. answered:

For nearly a decade (all of my 20's) I reveled in my ability to juggle multiple businesses at the same time (2 or 3 + consulting). But what I started noticing on the tail end of that was that I was becoming amazing at being mediocre.

What I've found over the past couple of years it that focus is the difference between running a $50,000/year business and a $500,000/year business.

Focus let's you make that good thing great.

Having your hand in many different things can feel like a great way to diversify and mitigate risk, but what will pay off more in the long run is to quickly "prove" which business has a better chance of being successful and then drop the other and move on.

Happy to have a call about what my experience has been over the past 10-12 years of doing just this.

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