C9. Diversifying


While it may be good to diversify but don’t diversify because;
            You are successful in one domain and now wish to put same label on everything. Even Most of very successful global brands failed when they put their labels blindly on other products. Like Ferrari for car is a leading brand but same brand laptop failed badly .Same thing happened to lamboorgini laptops.
            Someone is saying so and so thing or business is very profitable.
            You can see from reports or news that so n so has made lot of money in other trade
Remember Grass is always greener on other side.

Diversification may make you loose focus on your core activity and you may end up defocused.

If really you wish to diversify then.

Then Identify other domain which you can succeed with all networks and knowledge you have by now.


Even though you have successfully gone thru one cycle of journey, it does not guarantee every journey will be same way.  It may have its own roller coaster ride of ifs and buts and each new domain/industry is few years of learning curve and you shall have patience to get it through till you become successful again in this too.



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