Put all your eggs in ONE basket!
One of the richest man of all time said, “Put all of your eggs in 1 basket, then watch that basket.”
I think many people who start an online business should remember that wisdom.
Way too many beginners start like this,
“I’ll create 3 websites and try to make all of them successful at the same time.”
The result?
None of the websites is doing well and a person quits because “nothing seems to work”.
In short, he doesn’t only make mistakes on one of his websites but he makes all the same mistakes on all 3 websites.
Is there a better strategy?
Build only 1 website (at the beginning) and make it successful. You will make the mistakes only once instead of thrice.?
Later on, when your website is doing well and generating you income, you can create a new website if you want.
But you might not even want.
1 or 2 websites?
Let’s say that one website is making you $2,000/month.
Is it easier to take another website from 0 to $2,000/month or this current site from $2,000/month to $4,000/month?
The latter option is a million times easier in most cases.
If you take a look at the most successful people on the planet, they all focused on one thing.
- Michael Jordan became successful by playing basketball, you’ll never see him playing a piano.
- Bill Gates became successful with computers, you don’t see pictures of him lifting heavy weights.
- Tiger Woods became successful playing golf, you don’t see him singing..
If you want to become very good at something or succeed in one industry, you must focus.
This is especially important at the beginning when you are learning something new.
You don’t want to try to learn 10 things at the same time. Focusing on one thing is much better.
I remember what helped me to get first breakthroughs online. It was this strategy:
“Publish every single day at least one post on my website. All the other tasks are secondary.”
And that same strategy has worked also for many other people.
It’s simple and focused.
Now I am using a bit different strategy but that example illustrates you the power of focus.
All the best!
Roope “put all your eggs in one basket” Kiuttu
PS. Are you focusing on too many things?
Should you narrow down your focus on one thing only to make sure you’ll succeed?
Let me know in the comments below!
PPS. Of course, there is also "another side of the coin". But that's a topic for another article :)
Recent Comments
74
As always superb information put in an entertaining and enjoyable way. Thank you so much. Kind regards Mike
Hi Roope,
Thanks for the great post that illustrates the importance of being focused! Much success to you!
Kind regards,
Nichola
This has always been my problem in the past. One of the reasons I have been here a year and only have 7 posts on my current site is because I was chasing too many ideas at once.
The second reason is because I wasn't choosing a niche I was passionate about and I ended up hating all the writing I had to do about things I didn't have a passion for.
We learn from our mistakes, but you're right, we shouldn't be making the same mistakes at the same time! Being a website owner is hard enough when you're first starting... let's not make this harder than it needs to be, right?
Great advice Thanks I am considering another website but I had decided to wait until this one is successful. so I am happy for the validation.
Yeah, definitely stick with the one you have especially if you are enjoying the niche. Then you don't need to repeat the same mistakes with 2 sites if you just focus on 1 at the beginning.
Thank you for sharing this valuable lesson. Much appreciated
Yes I fell into that trap of trying too many things at once.
But then I saw the light with the SAC and now I am focusing on one website and love seeing the growth month by month.
Get good at one website, make it brilliant and then duplicate is needed. YAY.
Have a great day
Jennifer
Happy to hear that you're making progress with Super Affiliate Challenge. Therefore, I expect to meet you in Vegas one day :)
Great advice! It is important to master one thing well before moving on to the next. Very motivating quote. :)
It's an excellent point about focusing on One website first than maybe expanding later. And you see that in some new members goals to have a number of websites going right away.
There are always exceptions, but that is solid advice.
To Our Success!
Mel
Yeah. I believe that the overall success rate of affiliate marketers would go much higher if people would just focus on 1 site instead of many.
Hi thanks for sharing this post i love it. One basket!!! That was my problem for years i kept changing ideas over and over again until i realize it didn't do anything for me. Even though i have multiply websites now i still believe in this mentality. My way of handling it all is make time for each and lay one good brick at a time. But hey! it only take one good business right.
I understand. There are so many interesting things in the world so it's easy to jump from one thing to another.
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Incredibly true. People get too excited with the new skill they have learned in blogging/site building and want to run off and start another, and then another, and even more.
Most, (not all) have either no focus or are not treating the sites they are building as a business.
You really have to ask the question. If you have just started a physical business like a shop or restaurant for the first time ever would you all of sudden start 2/3/4 more within a matter of months?.
We are constantly hearing "online is no different than offline" due to the time and dedication it takes to build a business online and the fruit of our labour to mature.
Some even repeat those very words yet don't act in a congruent manner.
As Jay puts it, it is far better to lay it on thick on one site than to spread yourself thin across several.
Great reminder that people wouldn't probably start 2-4 physical businesses either at the beginning at the same time. In the same way, it doesn't make sense to start too many at the beginning online.