Don’t put all your eggs in one basket

@kevin1877uk (35480)
September 24, 2015 2:55am CST
Don’t put all your eggs in one basket I’ve been working online since 2010 and to be fair I’ve made a fair amount from doing so. Ok it’s never enough and I’m always looking for something new to be able to earn from. I’ve never really put all my eggs in one basket and that something you should never do, especially with being online. Spread your wings and work multiple website. I think that is the key to working online, have multiple incomes going into your back account. Have you got all tour eggs in one basket?
12 people like this
12 responses
@LadyDuck (109431)
• Switzerland
24 Sep 15
I had all my eggs in one basket when I started years ago with Squidoo. It was such a deception when they changed the rules and messed up everything. The result the site closed. I learned the lesson.
4 people like this
@mkrnex (785)
• Bangalore, India
24 Sep 15
What is squidoo?
@mkrnex (785)
• Bangalore, India
24 Sep 15
Between not only online it is not wise to put all your eggs or gold anything basically in one basket. As probability of surviving after a hit decreases exponentially downwards!
2 people like this
@kevin1877uk (35480)
24 Sep 15
I kind of did when with RedGage, soon learned not too.
@Bluedoll (15589)
• Canada
24 Sep 15
I learned that lesson when I was playing farmer. One crop can fail, have a few. Don't know why I would not do it online but for some reason we can stick to the one thing. Maybe it has something to do with time management. How in the world do you do it?
2 people like this
@kevin1877uk (35480)
24 Sep 15
Managing time, that a hard one for me. I spend a little time to each site.
@Bluedoll (15589)
• Canada
24 Sep 15
@kevin1877uk I'm going to guess like me you get carried away sometimes. I might determine it will be for five minutes and that turns easily into an hour. Time fly's when you are having fun.
1 person likes this
@kevin1877uk (35480)
24 Sep 15
@Bluedoll Lol it sure does, I can never have 5 minutes on one website, could you, yes maybe an hour or two hmm three. To be honest I not good at time management for sure, if only.
@Asylum (45961)
• Manchester, England
25 Sep 15
I realise the logic behind this practice Kevin, but I only have 1 egg.
1 person likes this
@kevin1877uk (35480)
25 Sep 15
Oh dear Barry and I thought you would have many more eggs.
@Asylum (45961)
• Manchester, England
25 Sep 15
@kevin1877uk I did have quite a few eggs at one time, but I had them all in 1 basket and most of them broke when I dropped the basket. I could have done with this advice a little earlier.
@jstory07 (57619)
• Roseburg, Oregon
26 Sep 15
That is so true that way if one site goes under you will not feel as much of a income loss.
1 person likes this
@kevin1877uk (35480)
26 Sep 15
Totally agree with you and it's the only way to be online. if you have all your eggs in one basket and the website goes, so does your earning which isn't the best have to have when working online.
• United States
25 Sep 15
I have my eggs in more than one basket but really can't say I expect to earn much from online
1 person likes this
@kevin1877uk (35480)
25 Sep 15
Maybe you might, you never know.
@marlina (57235)
• Canada
24 Sep 15
I made quite a bit of money when I was with Squidoo, a little bit with BB. Before all that I did some affiliate marketing.
1 person likes this
@kevin1877uk (35480)
25 Sep 15
Well done, glad that you have.
@Rollo1 (16676)
• Boston, Massachusetts
24 Sep 15
I have had a few dozen eggs broken. It seems that I end up concentrating on the one that seems teh most profitable. But something usually goes wrong eventually.
1 person likes this
@kevin1877uk (35480)
24 Sep 15
Yeah I know what you mean.
@scheng1 (24970)
• Singapore
15 Oct 15
Yes, that is true. With websites keep on springing up and closing down, it is risky to have all your income from one site. Having said that, knowing how to make money online is already a skill that we have acquired. Think of millions of users who know how to waste time in Facebook, and you can see what I mean.
@wiLLmaH (8160)
• Singapore, Singapore
25 Sep 15
Even the wealth managers advises this :)
• Pune, India
25 Sep 15
@kevin1877uk, I have heard this statement for the first time, When I was exploring the stock markets 5 years ago, Till that moment, I was in the impression that, I put all my money in one stock and redeem the profits in some specified amount of period. I realized the importance of this statement and the risks involved in it. Later on my learning continued to a greater extent and thus today I'm able to make wise strategies to make money from stock markets. I have started a thread to interact and discuss with myLot community who have interested in Indian Stock Markets.
Hi Guys, Anyone is interested on Indian stock markets over here ? Do you invest or trade in Indian stock markets ? If we have people with enough interests, We...
@softbabe44 (5963)
• Vancouver, Washington
25 Sep 15
i wouldn't want to put all my eggs in a basket need some for the next week or so try and think new things and spread the love
@rusty2rusty (6751)
• Defiance, Ohio
24 Sep 15
I like to do more than one thing at a time. Today I focused on Mylot. By making a few new discussions throughout the day and leaving a ton comments.