Business Quote by Jan Koum
“If you look at firms like General Electric or other large companies, they don't just do one thing; they do many different things to generate sources of revenue.”
About This Quote
Source Speech: Business conference talk, 2015
Large corporations diversify products and services to create multiple revenue streams, reducing risk and increasing stability
In simple terms: Diversify to reduce risk and grow income
Diversify business models for stability
Themes
Mood
Type
When to use this quote
- Start‑up scaling
- investment decisions
- product line extensions
- market entry
Key Concepts
Questions to Reflect On
- What diversification fits your core strengths?
- How to balance focus with new opportunities?
Diversification can dilute brand focus