We get asked about Parallel Entrepreneurship a lot. Parallel Entrepreneurship is the practice of running multiple companies at the same time. We have both practiced this model at one time or another. So we have practical real-world experience to share here.

On today’s The Startup Chat we share our experience and we explain what are good reasons to run multiple businesses and what are bad reasons.

Today’s Points:

  • What is Parallel Entrepreneurship?
  • What mindset to have if you’re going to do it.
  • Why “hedging a bet” isn’t a good reason to it.
  • Why boredom is a problem with Parallel Entrepreneurship.
  • The 2 exceptions for making the model work.

We invite you to join our Facebook group.  It’s great to have such an incredible group of entrepreneurs out there making it happen every day.  We’d love to hear from you; please feel free to join our Facebook group and share your experiences, challenges, and motivation with us and the rest of Startup Chat community.

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As always, you can hit us up on Twitter @Steli or @hnshah, #thestartupchat.