Hey Bobby!This has been my biggest dilemma for my whole life, I'd like to thank @GravyBoat for posting a study that shows people that tend to multi-task to be more succesfull because it made me feel a little more condifent about the way I approach life.
At the moment I have a skill which can get me paid about 100/250€ per hour, I could literally start working doing just that and make average wage in Italy by working 10 hours per month, the problem is I take very high responsabily and if something goes wrong(not impossible but still) I'd be the one prosecuted, also to find those leads I'd need to get well known outside of my area which is easier said than done, it requires a lot of trust and even if I've been doing those things for 8 years I always had my dad double check and I haven't made a mistake in a really long time.
So when I finish university, I have now 4 projects I'd like to work on but I feel so overwhelmed I'll probably suck at all of them:
-become a practitioner of the skill I'm really good at, using my dad's office I start with zero expenses and can work only when required, I estimate about 10 jobs x month so that's anywhere from 1000 to 2500 €, while also providing the skills I studied for (civil engineer) which go for around 40/50€ x hour or more if it's a consultation, my degree is specialized towards enviromnetal impact,
-start an hair care products company, very big passion of mine for the last few years, already totally emotionally invested and threw a good amoung of cash at it,
-"marketing" agency which is more like a branding agency, my revolutionary idea is to bring together a team of pros(which I did already) to cooperate on projects and atm my "team" is composed of: one of the best photografers in the area, a typography (think all printing works and gadgets on demand), a video maker specialized in using drones(I'm really good at the computing part of this which was my thesis), a virtual reality "expert" he actually works for a company that creates like virtual maps of museums etc..., I already have the name and 4 letter domain,
-Youtube, I started a channel as a complete joke, I have a lot of funny and epic videos from the past but I soon found out that quality matters a lot so I'll restrain from posting those, I really like the platform and would enjoy posting a video every once in a while even tho I'm completely aware of the fact that it isn't fastlane, I'm getting a steady 50 views per video after not even 2 weeks and am considering keeping it going, I don't have a topic and I just try to entratain.
I'd like to create more threads in the execution section but I feel like I'd just be spamming tbh, if any of those pick up I'll post about them.
So yeah getting back to the point, I think you should focus on one thing while also keeping some other things on the side if that makes sense, also an Idea is different from concrete action, at the moment I'm action faking 3 out of 4 of the above.
Not sure where you got this from but I believe the opposite actually.
In fact, the only way I've ever found success, is focusing on ONE thing at a time.
Think about it for a second. Did anyone you know that is successful, or anyone you look up to in business, do it by having 18 side projects going?
No. They focused on one thing and built and built until it was A. Profitable and B. Automated. THEN, and only then, did they have the luxury to chase other ventures, work with other people, and do "side projects."
Personally, I was always the type to be working on at least 2-3-4 things at once.
"Hey man, I got this sick business idea. You in?"
I always said yes.
Before I knew it, I was working on "critical" parts for 3 businesses, and literally couldn't get stuff done because it was impossible.
Until you have a wildly profitable business that you've scaled, automated and or sold, you should ONLY focus on ONE thing at a time.
Because believe me. When one business blows up, and you're no longer in the beginning stages, you will NOT have time to do anything else. It will consume your day and your brain power. At least it should if you're doing it right. Once it's scaled and automated, hopefully automatically scaling itself (through employees doing marketing etc), THEN, you can work on other shit.