The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Shotgun or a sniper rifle?

Accelerate wealth. Build a business that pays freedom. Join more than 70,000 entrepreneurs and register for the Fastlane Entrepreneur forum. Remove ads? Join the INSIDERS.

Beginning entrepreneur should

  • shoot for multiple sources of income from the very begining

  • bet everything on one business


Results are only viewable after voting.

MikeS

Contributor
Read Millionaire Fastlane
Apr 26, 2018
27
36
26
Czech Republic
I wonder what is your opinion.
Should a person at the beginning of his entrepreneurial life shoot for multiple sources of income (even combining freelance hustle and business/businesses), or should he put all of his efforts into one business and risk that he will be out of the game if it fails?
 

ZCP

Legendary Contributor
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Oct 22, 2010
3,049
10,519
2,456
Woodstock, GA
You first step is to make $1. Find a way. Quit wasting time thinking about it or analyzing. Make $1.

How will you complete this part by this Tue morning?
 

Ritchie

New Contributor
May 9, 2018
4
12
15
I'm not much of a multitasker, so I'm in favour of the sniper rifle. I'd rather do one job good than two jobs okay-ish. I guess there's an exception for dumb labour, something that doesn't distract your mind too much from your goal. I'd be okay delivering mail for example, because it gives me a lot of time to think about my business still while making money to keep myself afloat.
 

Get Right

Legendary Contributor
EPIC CONTRIBUTOR
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 16, 2013
1,296
5,976
1,296
Sunny Florida
Wow, this is a loaded question...ha! It depends on many circumstances but...you can't win at multiple businesses if you haven't learned how to win at 1.

Good luck!
 

MikeS

Contributor
Read Millionaire Fastlane
Apr 26, 2018
27
36
26
Czech Republic
You first step is to make $1. Find a way. Quit wasting time thinking about it or analyzing. Make $1.

How will you complete this part by this Tue morning?
Sounds like a challenge. No job, no overthinking, just sales. Let's do it!
 

Sponsored Offers

  • Sticky
MARKETPLACE NEW: The Best School for Going Fastlane (Now open for summer enrollment)
Along with this I also worked on creating a Web Design book last year to help people starting...
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Any update? Hey bud! When I can squeeze out the time to work, it's been going pretty well...
MARKETPLACE Not sure how to start? This free book will teach you how to build a successful web design business
Hi Fox. Starting the book and got through the introduction. Had a conversation with Andy Black...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Chris is super sharp and is aware of many facets of entrepreneurship and can help get your...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
This month's promo code is MINDCONTROL Those who are subscribed to my new Youtube channel will...
  • Sticky
MARKETPLACE Entrepreneur's Toolbox: Company Formation, Virtual Mailbox, Registered Agent, Remote Online Notary
Appreciating the transparency and lack of hidden fees. The website is very up-front and user...
Introducing MJ's Personal Unscripted Network, Join Now for FREE!
Any chance to make it available outside of US? It has been available outside of the US on...

Forum Sponsor

Learn Fastlane Business Skills & Get Profitable Within 30 Days...

Get Started Now

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom