A new business term: Parallel Entrepreneur
When asking someone what they do you often hear “I work for Apple/Microsoft/IBM as a software engineer” or you hear them say “I’m a doctor/attorney for such-and-such company.” On occasion you’ll hear someone say, and somewhat with pride, “I own my own car detailing business.” At the more aggressive person they’ll say “I’m a serial entrepreneur!”
What’s a serial entrepreneur? That’s someone that has started a company and grew it until another company bought them out. In some cases, they failed and have started again. And that’s the good thing. They keep going and learn from their failures and move on.
But what I recently heard by someone was they called themselves a “Parallel Entrepreneur.” While I could figure it out myself, I had to ask what he meant by it.
He stated that he had three companies that he was working on building and was looking to add more.
So there you have it. As an entrepreneur you are a parallel entrepreneur when you have two or more companies that you are building and growing.
So, a parallel entrepreneur builds multiple streams of income. Nice.
Is this what you are striving for?
