Is there a limit to how many businesses you can own? How much capital should you have for each inception?
There is no limit to the amount of business you ca own but may I give you some advice on how many you WANT TO OWN.
When ONE BUSINESS IS ENOUGH
- You don’t have the time to build or focus on another company.
- You think you are invincible since you started one successful business. Make sure you fully vet your idea.
- Your existing business is struggling.
- You don’t have the staff to handle an expansion as it normally ends up being launched by your existing power players.
- You don’t have the extra capital for another mouth to feed and startups ae always hungry.
