Having being a CEO for around 10 years singly mindedly focussed on a single company, I am coming around to the view that maybe running multiple companies is bet

Having being a CEO for around 10 years singly mindedly focussed on a single company, I am coming around to the view that maybe running multiple companies is better. Though most people here would disgaree with me, and even me myself 5 years ago would have vehemently disagree with my current self, I am of the view that you should consider running both businesses. The critical insight that fosters this view is that after a certain amount of time being a CEO you realize that the growth of the company is not entirely in your hands. Market forces play an indeterminate but critical role in the growth of a company. Consequently, it maybe the case that your current business might actually benefit from you stepping away and letting it mature by itself. After having run a particular genre of company for a bit, you start getting a feel of what will move the needle and what will not. If there is incremental growth to be had and little scope of exponential rampup, you might be better off baking something else. There is a chance that this business will turn around by itself over time or maybe by focussing on something else, you get a better perspective on your existing business to take it to the next level. I am currently ramping up on a business that I started on the side 5 years ago. It wasnt really a business, it was an experiment. But it took a life of its own. A couple of months back, I realized it had the potential to be a big business and I was well placed to capitalize on it. Now I am ramping up that 'experiment' so that it employs a handful of people. The 'experiment' will pay for these people and I will again let this idea bake for another year and focus on something else. I am coming around to the view that this is best way to work for 'serial' entrepreneurs. Most people who arent serial entrepreneurs, that includes almost everyone who have been a founder for less than 10 years wont see the wisdom in this. Unfortunately, this will include your investors and other employees. The only way to get them to fall in line is if you can get them to fall in line without requiring them to see the wisdom of your action. It might be impossible in your current setup, in which case you need to restructure so that you can operate optimally.