Could This Be Called Overloading?

[Lateef Odumesi]

Hello,
After talking with my friend on my business online he accused me of overload, as if I don't know what he was saying I insist he explain what he meant.
He said "Don't you think you knowledge on about 8 different aspect of internet business might have limited my income to a 5 figure monthly? If you have taken only one or two you may be making above 6figures monthly."

Then I begin to wonder could my expertise on (Information Marketing, Affiliate, Online Sport Prediction, Forex, Web design, Investment e.t.c) have caused that? After all I get another knowledge while trying to fine tune one.

If it is possible let me know so I cut them down and decide which to focus on OR
his he only saying crab?

[Lou Diamond]

Hello.
I would drop one or two and focus on the one that you are best at
and the one that makes the most money for you at this time.

[waken]

A general doctor can earn as much as a specialist but the specialist earns more on each and every consultation compared to that of a general doctor.

[dave147]

I think it's good to become an expert in more than 1 area of IM - why "put all your eggs in one basket" ? why limit yourself? There's only a certain ROI level of expertise you can reach - branch out! learn something new!

[LegitBlogger]

Ever heard of...

"Jack of ALL trades, master of NONE"

[zakiprofit]

I believe you should focus on one. for example if you want to make money using affilate program then you have to try it untill you're 100 success. Then you can try other program like ebay or etc. I still believe this is the best way. FOCUS is the best way

[dave147]

Originally Posted by zakiprofit

I believe you should focus on one. for example if you want to make money using affilate program then you have to try it untill you're 100 success. Then you can try other program like ebay or etc. I still believe this is the best way. FOCUS is the best way

Yes focus on one and become successful - then move on

[Liz Morgan]

I at times have the same issue as I am a very proficient at making money through manual forex trading, IM, and no money down Real Estate. And I want to be involved in all of them simultaneously since I firmly believe in the multiple streams philosophy on many levels. But there is a strategic method to get the most out of all your "proficiencies", and I consistently grapple with the issue myself as I have a tough time focusing on one at time. After all, I tend to get BORED of the same business after a certain period. The key is to focus on one wealth building vehicle at a time until you get to the point of considerable diminishing returns on capital and time investment, at which point you have outsourced all operations and effectively taken yourself out of the business (other than simply overseeing things via one email per day by number two in the business/Company). THEN, move onto your next proficiency and continually improve until you do the same thing with it. You know the drill, rinse and repeat.

I have made the mistake leaving behind a not yet self sustaining business before. It can be very costly if things aren't tended to properly, or if something out of your control happens and devastates your income level. Things change, markets change, economies change. You need to have self sustaining income in place (preferably one that thrives in economically challenged times) before being even slightly romanced by something else. You may not have made this mistake, and are doing well with certain businesses while entertaining others, but I personally believe you should focus on one thing until that business can run itself with or without your involvement.

[Lateef Odumesi]

I must sincerely thank all of you for your wonderful contribution and help.
I'm learning fine.