In this video, I explore the myth of not putting all of your eggs in one basket. People are fearful if they put all of their eggs in one basket, and there’s a hole in the basket, then it’s game over.
However, you must put all of your eggs in one basket to become successful. Here’s a quote from Andrew Carnegie who, while he was alive, was one of the richest men in the world.
“The way to become rich is to put all your eggs in one basket and then watch that basket.” –Andrew Carnegie
If you don’t put all of your eggs in one basket (i.e. you have your eggs in five baskets), then imagine trying to carry all of those baskets at the same time in town. Baskets will get dropped and eggs will go flying. If you only carry one basket of eggs, it’s much easier.
Focusing on one thing allows you to tap into incredible results. Once you master the one thing you want to do, then you can expand. Millionaire business investors started off with one successful business. They only begin investing once they master their own business first.
Choose one opportunity for making revenue and go all-in with that opportunity. Only start to expand once you master that opportunity.
This is exactly how I became successful on social media. I gave up on every social network and decided to go all-in with Twitter. 275,000 followers later, I am happy with my decision.
But now that I mastered Twitter, I expanded into other social networks. I am approaching 50,000 Facebook likes and 30,000 Pinterest followers. I now incorporate YouTube into my business far more than I used to.
In the short-term though, you put all of your eggs in one basket until you achieve mastery.
I hope you enjoy the video. Please let me know what you thought of the video, and if you like it, then don’t forget to subscribe. You can subscribe to my YouTube channel here.