The peril of putting all your eggs in one basket
29 Sept 2024 · 1 min

0:57
A short YouTube video (Richard Canfield, uploaded Sept 29, 2024) featuring an entrepreneur reflecting on the risks of concentrating all resources in one business. The speaker describes treating the business like a child, recounts a five-year track record of success followed by a rapid downturn due to external circumstances, and emphasizes the lesson of diversifying both business activities and personal financial assets to allow wiggle room when things go wrong.










