Boss Hatch - Entrepreneurs in the Making

March 5th, 2008

Importance of Diversification

You may be wondering why I used poorly-drawn cows for this example.  Well, I stumbled upon this article from Farmers Weekly Interactive that talked about diversification among young entrepreneurial farmers:
“Successful diversification means diversification, not distraction. This can, at worst, seriously undermine the existing business.”
To pull this back to a standard business standpoint, diversification can collectively […]

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