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Why Founders Can Build Multiple Startups Successfully: Lessons From My Journey
Building multiple startups is possible with passion, focus, and strategy.
Summary:
People tend to think that the only way to make it big is to focus on a single startup. But what if that is not true for everybody? In this article, I share why managing multiple startups is not a distraction but rather a strategic decision. I draw a parallel with parenting in explaining how each “baby” can be given the care, attention, and resources it needs and still grow across the board. A message to all those entrepreneurs who were ever told to keep their vision small: with passion, structure, and the right mindset, it is possible to succeed.
The Myth of “Only One Startup at a Time”
As the founder of multiple startups, one of the most common questions I get is:
“Why don’t you just focus on one? Isn’t that better for success?”
Fair question. The conventional wisdom seems to indicate that whatever one is splitting their attention, the results must become watered down. Well, the fact is quite opposite: I have multiple startups for a reason. Each, I think, had some unique potential to fly-and I am committed to scale them all.