I have yet to see an example of a business diversifying and not getting worse. Find one thing you’re good at and do it well. Leave other things to other businesses.
Aren’t companies generally supposed to diversify in order to grow past a certain size? I mean obviously it worked out, but I thought that was the rule of thumb.
BallsandBayonets@lemmings.world 1 month ago
AngryCommieKender@lemmy.world 1 month ago
Diversification can be done on the back end of the business, doesn’t need to be customer facing. I’m certain that the founder has a healthy stock portfolio with his net worth.