What do you think?

iVillage Member
Registered: 12-17-2004
What do you think?
5
Wed, 09-30-2009 - 8:23pm
Do you think it's possible to have too many irons in the fire, so to speak? Do you think that one can have too many businesses going all at once and not be able to devote enough time and/or energy to all of them? What do you think?
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Photobucket
iVillage Member
Registered: 07-24-2009
Wed, 09-30-2009 - 9:29pm

I most certianly do.

iVillage Member
Registered: 05-01-2003
Thu, 10-01-2009 - 4:27pm

I agree with Chris.

Avatar for indexlady
iVillage Member
Registered: 03-29-2003
Fri, 10-02-2009 - 11:01pm

I've seen this happen when people start talking about multiple streams of income (MSOI). But, that's a pretty ineffective method of application. The most successful MSOI is when the businesses are related.


It's better than being an indexer, a Tupperware dealer, a legal representative, etc. That is being really scattered. It creates an information overload because a person needs to do so much research in order to stay on top of things. It also requires three completely different skill sets.


However, narrowing it down, for instance, one method of related is an indexer who also does proofreading and editing. I don't, but many do. This is better, since at least they are all in the publishing field. But, they still need to keep up with 3 different fields--indexing, proofreading, and editing require DIFFERENT skill sets. It's better, though, since the publishing field is just one. They don't have to deal with information overload.


But, a better method yet would be an indexer who also teaches indexing through a class, writes books

iVillage Member
Registered: 05-01-2003
Tue, 10-06-2009 - 4:56pm

Well stated, Indexlady!

iVillage Member
Registered: 07-24-2009
Sat, 10-17-2009 - 8:15pm
YES! I have 3 going and am going crazy. Making money but nonetheless am stressed! I plan to cut down after I get a few thousand dollars saved up.