Parallel Entrepreneurship; A New Mark on Startups


Art of delegation

The art of delegation simply takes a new turn, with sudden and quick involvement in various businesses an entrepreneur learns every business thoroughly which would help his own business eventually. Every entrepreneur must know on when to step in and when to delegate, which is often lacked by single entrepreneurs.

Leverage and hedging

Investors are known to be more familiar with these terms, investing in various places and planning their income. These days’ entrepreneurs are practicing this same style by getting involved into the affairs of various startups having a bite on their profit and stepping down when they have made enough.

Shared access

Investors are busy people with great attitude, various startups in one sitting is something that can keep them engaged and active. It also portrays the efficiency of the entrepreneur and this can make it easy for him to gain more access towards great investments. Advisors would also appreciate such efforts from entrepreneurs because this gives them all a shared access towards all startup details.

Cross-fertilization

A single entrepreneur is often restricted in terms of knowledge or real time customer interest. When an entrepreneur gets working with various startups it so happens that there is a wide exposure in terms of knowledge related to customer experience and interests.

High energy and attention

Every entrepreneur would love the lime light, at least for a while. When an entrepreneur gets into various businesses and if he is capable of the same with proving results then an entrepreneur finds his place in media which reaches out to people in quick seconds. This is not a simple job as it is only meant for great young multi tasking entrepreneurs from the current generation.