Shanli Liu ran a chiropractor agency, dental agency, six gyms, and a launch business simultaneously. Each made money, but constant firefighting left him miserable and earning far less than he could have. Competing against someone focused on one business while you're spread thin is a losing game.
I had a chiropractor agency, a dental agency. I had 6 gyms and I was doing a launch business. I made no money. I mean, I made revenue, but I didn't have enough attention to go deep enough on anything. So all I was doing was pure fires all the time, which is, one, a miserable existence. But two, you just make way less money. And the guy you're competing against who's beating you is only doing that. Believe it or not, I actually think it's arrogant to believe that you can do multiple things and beat somebody who's only doing one.
