Diversified portfolio

As a student of Economics, Nathan brought it to my attention that moving on piñatas is not a business that lends itself to product diversification. Which basically means this is not really a viable money maker. He’s not usually a Debby downer. At the gathering for Finis Caseus yesterday, my ex husband Michael looked up where paper mache factories are and they are in the Philippines. A friend of Nathan’s is going to be studying there next year, so maybe some connections can be made. Maybe some existing piñatas business will want to license my idea for moving on piñatas and I can supplement my income. Or maybe I just pursue another labor for love like Twig Farm, teaching the violin, gouache paintings of dogs, etc. I only have one child! But what if I live until my 100s like my grandparents or my child never gets a job. What if I break my collar bone playing tennis and can’t play the violin anymore! In the mean time will I start making piñata and spend my mad money trying to sell them, fully aware of the futility of this business.

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2 responses to “Diversified portfolio”

  1. Carveth Martin Avatar
    Carveth Martin

    These are valid concerns. But be careful, valid concerns are where dreams go to die. Test your hypothesis. Identify your demographic. Gather information and make decisions based on experience not speculation.

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  2. emily sunderman Avatar

    thank you for the encouragement to continue due diligence. Nathan may be right, but he may also just be pointing out an obstacle. And obstacles can be crushed as I know you know!

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