One of the dangers of entrepreneurial enthusiasm is a willingness to be all things to all people, trying to capitalize on every potential opportunity. The problem with that is that you can suffer from a lack of focus.
If you are putting both time and effort into doing lots of different things, you could easily wind up doing them, at best, in an average way that offers no competitive edge.
And if you don’t have a focus, it could be very difficult for potential customers to quickly get a handle on what it is that you’re offering.
I was reminded of the importance of being focused by Eric Paley, a managing partner with Founder Collective, an early-stage fund ... Read more