Why Some Entrepreneurs Set up Multiple Businesses

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4 years ago

One of the realities of starting a business is that while getting it up and running isn’t difficult, being successful involves dealing with frustrations and failures.

It’s a crucial hurdle and one that only those with enough grit and perseverance overcome.

One of the recurring themes from the success stories we’ve produced here at Oberlo is the trend of successful entrepreneurs going on to create multiple businesses. 

It’s something we’ve noticed from not one or two, but many of those who have gone

on to set up other entrepreneurial ventures – after having gone through the pain and exasperation leading up to their first success.

Why do they, after such an arduous journey, not hang on to that success and dedicate all their effort to it?

Why do they, instead, move on to start other businesses?

While motivations abound, in this article, we’ll explore the most common reasons some entrepreneurs go on to become serial entrepreneurs.

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