Diversify or concentrate?
It’s a question that divides entrepreneurs. But what if both are right?
I saw a video where one guy made millions by diversifying—spreading his investments across multiple businesses, minimizing risk while building steady wealth. Then another guy comments below: “You’re wrong. You’ve got to focus on one thing to win.”
Wait a minute. Hasn’t the first guy already done it?
How can you say he’s wrong when he’s proven success with his approach? But here’s the kicker: the second guy isn’t wrong either. He just did it a different way.
Business is not a one-size-fits-all game. There’s no magical formula that guarantees success. Some people thrive by honing in on one passion, while others masterfully juggle multiple ventures.
I’m lucky to work with several brilliant business owners, and if there’s one thing I’ve learned, it’s this: everyone’s path is unique.
So, what’s the right approach? The one that works for YOU!
You don’t have to follow a single narrative. Focus on what fits your skills, goals, and mindset. And remember—success stories come in many forms.
There’s more than one way to win.