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Yeah and you can leverage learning across projects also. Find a marketing strategy that works well for one of the projects, then deploy to the rest. And one can

Yeah and you can leverage learning across projects also. Find a marketing strategy that works well for one of the projects, then deploy to the rest. And one can share the cost of outsourced labor down the line. For example one customer support agent, software engineer, marketing person could work across all products/businesses, which might together fill near a full time role. It is often terribly hard to hire good part-time workers for many roles. And with a diverse portfolio the risk of high impact business failures should go down also. More tickets for potential buy-outs from bigger companies also, those can often be quite random, so more chances is better chances.

patrickk 5y ago
Not to mention you can leverage skills learned from earlier projects, greatly accelerating your progress. For example, if your project relies on content marketing, perhaps you learned to write quickly and produce enticing YouTube videos, and outsource effectively to remote writers (all skills that take dedicated time and effort to get good at). You can definitely leverage that and speed up your progress.