Bangalore: Startups are becoming common and this has given birth to a new breed, parallel entrepreneurs. Businessmen are given this title because they indulge in various startups concurrently. Every business founder or partner has multiple startups to deal with, it may look like a dangerous practice to divert mind into other startup affairs but for this generation which have been multi-tasking from birth, it is just a simple walk.

It is difficult to manage one particular these days and entrepreneurs today portray their efficiency in this style. This kind of working demands great efforts and the current condition doesn’t lack any small part of it. The best example is Scott Rafer, former CEO of Feedster, he is now heavily involved with four other startups.

This practice of getting involved into various businesses is called ‘multi-table’ startups. This name has its origination from the online gambling practice of playing multiple poker games at the same time. The name has been rightly picked because the odds in a poker game maybe similar to those of a startup. Parallel entrepreneurs say that this practice of being involved in various startups really helps them by listing out few points as reported by startupprofessionals.com.

Multiple pay checks

Business revolves around money and so does entrepreneurs, many parallel entrepreneurs have achieved financial security due to this style of working. It demands a lot of effort but these inputs are paid off in great numbers. It is no different from gambling, a difference is an office environment.