T. Harv Eker warns against spreading effort across multiple active businesses, calling the "shiny object syndrome" a failure mode. He argues success requires near-total focus on one opportunity and says that "multiple streams" only help if they are multiple streams of passive income — multiple active incomes merely scatter energy and prevent success.
It takes 1000% of all of your energy and focus to be successful in one business, in one arena, in one opportunity. Yes or yes. Let alone dividing that up into a bit here, a bit there, a bit this, scattering your energies. I know, I know it doesn't work. That's why I don't have a problem believing it. So when someone's asked the question is, how do you control the shiny object syndrome and focus on one thing? It's because I know the pain of the shiny object syndrome. The thing sucks. It doesn't work. You go, wait a minute. What about multiple streams of income? Okay, Big boo boo, big myth, big mistakes. Okay, you're not. Because we're talking about people. Talking about, oh, I want to be in this business and this business and that business and this business and this business, and do this and do that and part time. This and part. You're broke, you're broke, you're broke. You'll always be. If you're broke, you're broke forever. Harv. What about. How about multiple streams of income? Ah, you're missing the word. If you want it to succeed, it's got to be. Listen, write this down now. You ready? Multiple streams of passive income. That's what you're looking for. Write it down. Multiple streams of what? Passive income. See, that you can handle. That you can handle. Multiple streams of active income just means you're freaking busier than hell. You're scattering your energies, and you'll never succeed in any of them, period. Over and out.
