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Shotgun or a sniper rifle?

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Beginning entrepreneur should

  • shoot for multiple sources of income from the very begining

  • bet everything on one business


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MikeS

Contributor
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Apr 26, 2018
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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?
 
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TonyStark

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Jul 20, 2015
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Depends how old you are, and how much wealth of knowledge and experience you have in a particular field.

You could spread yourself out, but eventually you’ll need to stick with 1-2 good ideas.
 
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ZCP

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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
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.
 

MikeS

Contributor
Read Fastlane!
Apr 26, 2018
34
52
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!
 
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