When you've got a great business going, you go open…
“When you've got a great business going, you go open another and take the risk of losing the whole thing. It's fun!”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Expanding a successful venture by opening a second can be thrilling but also endangers the original success.
In simple terms: Starting a new business can jeopardize the existing one.
Key Takeaway
Weigh risk before diversifying.
Themes
risk
entrepreneurship
growth
fun
Mood
excited
anxious
Type
advisory
motivational
When to use this quote
- restaurant expansion
- franchise launch
- new product line
- investment decision
Key Concepts
portfolio theory
opportunity cost
strategic diversification
Questions to Reflect On
- Is the excitement worth the potential loss?
- How can you protect the original business?
A Different Perspective
Success may be diluted if focus spreads too thin.