Diversify too early and you risk diluting your limited resources as well as your uniqueness. gettyAs a startup founder, it is natural to have an ambitious vision of your venture that spans beyond a single product or even a single domain. That said, trying to fulfill most of your ambitions right from the early startup stages has a big downside. This is bad because, in the early startup stages, your main offering can use all the investment of resources it can get. Diversify too early and you risk diluting your limited resources as well as your uniqueness, which is your main competitive advantage.

Source: Forbes April 28, 2022 03:12 UTC