Philip Beresford, author of The Richest of the Rich, is quoted in today’s Mail on Sunday in an article about the Money Gene, thus: “You need massive energy, single-minded focus, self-confidence and the ability to arrange your social life so that it comes second.” What do you think? Do you have those qualities? Are you prepared for that sacrifice?
So my advice is to pick your best idea and focus on it to the exclusion of all else until you have launched it and are drawing a regular income stream from it. Only then should you go on to begin to focus on your next idea. In The Money Gym, we call this Serial Focus!