What It's About
A caller wants to know if multiple income-generating projects are better than just one.
Notes from Chris
Episode 1465
It’s the age-old question: should you have multiple projects or a single focus? I read a story recently of a lawyer who quit his job and has 8-10 side hustles that all comprise a full-time blended occupation. 8-10 is a lot. Chances are, to do that many, some will need to be largely passive or perhaps seasonal. Most people are choosing between somewhere like 1-4 side projects, and that’s where the question gets most interesting. Let’s hear from our listener and consider what might be best for her … and by extension, you."Over the past year I've been exploring a few different ideas, and have made some progress. But I keep going back and forth about the goals of focus versus diversification. Am I going to be better off trying several things at once, or identifying a single project that I go all-in with? I know you've talked about this subject before, but I still don't know what's best for me. If it helps, I do have a good amount of time I can devote to this. "Listen to today's episode to learn more...
SEE ALSO:
- Product Manager Profits From Carnivorous Plants: When a PayPal employee turns his childhood obsession with carnivorous plants into an online resource, he earns an income with a marketplace that doesn’t leaf anyone out.
- Artistic Cartographer Maps Out Successful Side Hustle: A designer with an enthusiasm for both maps and art merges the two to create hand-printed mazes that zig-zag through the hearts of iconic cities.
- Power Plant Specialist Tugs On Archery Business String: A power plant worker hits the bullseye with a tool to create bow strings for archers.
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Resources
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