Do you believe in focusing on one project or diversifying your risks?

I can really focus on one project at a time, but overall diversifying your income with multiple streams is definitely the way to go. It's like an insurance policy that financially supports you in case things don't work out.

Other answers by Julia Shem:

• If you had to start a remote business from scratch, what would you do? in category Startups
• What's your take on partners/co-founders? Worth it or not? in category Startups
• How do you assure quality for your customers without doing it yourself? in category Startups
• At what point should you begin automating the business? in category Startups
• What do you think are the most effective ways to help out new entrepreneurs who are just starting out? in category Startups

Other answers in the category Startups:

• How did you start your relocation business
• How would you stand out with a kiteboard business?
• What apps do you use to manage your remote relocation business?
• How do you network with other entrepreneurs in your field?
• How did you create your first startup?

Some random answers on our wiki :

• How to build an audience on Instagram? by Lukas Paskauskas in category Instagram
• Any tips for communicating for a remote team? by Saba Bosuener in category Remote work
• How do you get book reviews from high profile writes and entrepreneurs? by Natalie Sisson in category Publishing
• Where do you get better returns as a social media marketer? Instagram or Facebook? by Leo Kipfelsberger in category Facebook ads
• What is your most memorable adventure as a digital nomad? by Julia Shem in category Travel
• I'm in a CS program at a top-10 college. When I graduate in two years, I want to travel indefinitely, while generating a decent income stream with apps and freelance work. How and where can one become a digital nomad? by Christopher Dodd in category Software development
• How do you find clients for legal serivces that don't mind that your services are being carried out remotely? by Larissa Bodniowycz in category Law
• How do you keep your skills competitive as a social media marketer? by Leo Kipfelsberger in category Facebook ads
• I'm a digital nomad, should I learn the language of the country where I am? by Adrian Ingram in category Languages
• You are very good at connecting with people and making friends. How do you meet new people while traveling? by Thibault Lemaitre in category Travel