We always hear the phrase “Putting your eggs in one basket”. The outcome could sometimes be beneficial or risky if you do or do not do it.
My Opinion
Personally, I think that it is okay if you’re putting your investments, focus, or business, in any shape or form into one basket provided you’re constantly looking and paying attention to it.
This hypothesis applies to anything and everything we do.
Reflection
However, I know myself too well that I’ll get bored very easily. So I prefer diversifying but keep myself in-tune with the market trends and needs. This means that you will have to constantly evolve, unlearn and relearn each and every time. The benefit of this is, I get to align my personal character with the everchanging demands and needs required. I can make tweaks to certain attributes of myself (rather than one attribute) based on the current demands.
I know I do not have it in me to focus entirely on one task/item. I will simply get bored. I do admire those who can, cause I know that’s just not my trait. They are dedicated to their art and I really admire that.
This came to me when I saw my future brother-in-law telling me that he had spent 2 days trying to wrap a motor bike. He showed me a video of the process. I simply know that I do not possess that kind of patience. Don’t me wrong, I know I can also do it too but it takes precision work, attention and dedication that’s beyond belief and I get bored very easily once I know how it’s done.
But for him, I think what he is doing is really admirable. Just focusing on one area, and becoming a master/specialist of that craft. I mean, there are experimental things that could still be done such as exploring experimental paints and materials but ultimately it is still one domain.
Read about the different types of employees here.
My Conclusion
Hence, the very reason why I am in IT and Digital. The vast domain knowledge that you would require such as Creative, Frontend, Backend, User Experience, Cybersecurity, Marketing, Psychology, Operations and Business, all converge together. It’s a fast moving environment that requires you to change and evolve to make it to the top. Otherwise, you will just be stagnant. Surviving — but stagnant.
My Advice
In a nutshell, put your eggs in one basket and pay attention to it if it fits your character and you’re driven to it by passion. Otherwise, if you’re like me, do not put your eggs in one basket. Diversify and explore new challenges and trends that will keep your passion and interests tingling.