Focus each venture for 12 months then install an operator before starting the next
Rather than spreading thin across multiple businesses simultaneously, dedicate focused attention to one venture until it reaches profitability and operational stability. Then hire a skilled operator to manage day-to-day operations, freeing founder time and capital for the next venture. This creates a portfolio through sequential rather than parallel effort.
When to use
When you want to build a portfolio of businesses but lack the bandwidth to run multiple ventures simultaneously; when you have a proven model but need to scale your personal involvement
Don't do this
Trying to run 5+ businesses simultaneously without operators; never fully committing to any single venture; hiring operators before the business model is proven
1 Founder Who Did This
Focuses on one business for 12 months, scales to $100K+ in profit, then hires a 'nerd in residence' operator to handle day-to-day, and uses capital from that business to fund the next