I've watched/read plenty of Gary Vee, Tai Lopez, Tony Robbins, & at the end of the day, they are all motivational speakers & have only gained a following due to paid advertisements through social media marketing. Which is not bad by any means, as that's what I am attempting to do with small businesses. However there are many errors to what have made claims to. Working on projects as well as being an entrepreneur does not necessarily mean you spread yourself thin & they certainly aren't mutually exclusive, it's all about time management. I highly suggest
http://gsl.mit.edu/media/programs/so...rials/0to1.pdf for a read if you are interested. Also " if you're not making money or gaining future potential customers (interest) within the first week, you should stop. " is nearly impossible, especially because sales are dependent on industry & product or service that you provide for an individual or a company. If you are a software company, it will be nearly impossible to program an entire full scale operation within a week & sell it, if you are trying to have an e-commerce business, odds are you will not be able to generate profits within a week, as it requires time to break-even depending on how high your marketing budget is as well as your outreach. That is where concepts such as lean start-ups & MVPs come into play. I recommend this book for your reading:
http://www.stpia.ir/files/The%20Lean%20Startup%20.pdf Also in regards to stick with a niche, that is also not always the case, especially when it comes to growing a business that will eventually turn into a conglomerate . The best business is not a niche, but a business that only operates in niches
, meaning multiple revenue streams from niche products. If you can generate enough income from a variety of incomes; then that is great & extremely possible given the digital age that we are currently living in, multiple revenue streams are key to financially freedom in today's time; & is much easier with concepts such as drop-shipping, boxed services, freelancing, etc.. The beauty of entrepenuership today, especially if you want to deal with products, is everyone has the same opportunity to find suppliers to create products. You can just go on
Manufacturers, Suppliers, Exporters & Importers from the world's largest online B2B marketplace-Alibaba.com & find a manufacturer, which comes in to play, where you will not generate a profit in a week. When it comes to speakers, I listen to primarily CEOs of successful companies; my favorites are Elon Musk, Jack Ma (CEO of Alibaba), Zuckerberg, Gates, & I love listening to Buffet. Gary, Tai, & all those motivational speakers just don't do it for me, they have some good pieces of advice from time to time, but at the end of the day, they are just a marketing agency at their roots. Also in regards to an "entrepreneurs" & "working on multiple projects" contradicting themselves, that is absolutely not the case. True Entrepreneurs focus on personal development, growth, & impact. No one idea, product, or service can achieve that. In-order to grow you need to always be progressing & staying to date with the time & market. Steve Wosniak, when he co-created Apple, was working a 9-5 (to have income) while working on Apple as side-project; 35 years later, Apple is the #1 company in the world with a marketcap of 750B+. You always need to have streams of income to be able to sustain your long-term goals. In terms of how I am working towards my goals, I am focusing in on software for data-science & app development (with my social media app); as-well as consult for others to be able to generate streams of income to support yourself, as supporting yourself is key, as well as being frugal with your expenses. I'm hoping to be able to combine an A.I. into a personal development application once I finish my courses & during all of this I am applying for financial investment positions (hoping to for an investment associate at an investment bank).
Also some great books to read for entrepenuership
19 Free Ebooks for Entrepreneurs and Startups You Can Download Now && a book called the 10% entrepreneur is also a great read