Don’t put all your eggs in one basket.
This term only applies to the wealthy.
When you’re wealthy, you diversify.
When you’re trying to become wealthy, you put all your energy and focus into one thing, until you become wealthy. Then, you diversify.
I don’t know a single person who got rich by trying to run twenty businesses at once. They became successful by focusing on just one first.
Originally posted on Quora.
Leonard Kim is Managing Partner at InfluenceTree. At InfluenceTree, Leonard and his team teach you how to build your (personal or business) brand, get featured in publications and growth hack your social media following.