Comments on: Diversify or Focus: The Sand Pail Approach to Stable Income

By: Lisa B

Lisa B — Wed, 13 Apr 2011 23:44:36 +0000

Melanie – Thanks for suggesting that I read this article! Great analogy!

By: The Sand Pail Approach to Building Your Business Income by Melanie B. Strick, sand pail, niche market, maintenance level, empty space, amount of time, revenue stream, business income, room, group, part, method, lot, service, jungle, degree, product, Appro

Sat, 13 Feb 2010 05:11:09 +0000

[...] trouble creating a stable income for yourself? Author, life coach, and entrepreneur Melanie Strick can help! Click this link for [...]

By: Lalitha Brahma

Lalitha Brahma — Thu, 28 Jan 2010 01:57:46 +0000

Great analogy. Thanks

By: Heather Villa

Heather Villa — Fri, 15 Jan 2010 10:58:55 +0000

Great way to use an old analogy in a new way.

I recently worked with a company that only relied on one very large rock, to the extent of even turning way small rocks, sand, and water. Some changes were made in the large rock organization and poof!, the company lost the account. It took less than 3 months for this company to file bankruptcy.

The is a great lesson that all business can learn from, whether you’re small or large.

By: uberVU - social comments

uberVU - social comments — Thu, 14 Jan 2010 16:20:11 +0000

Social comments and analytics for this post…

This post was mentioned on Twitter by melcoach: From my Success Blog Diversify or Focus: The Sand Pail Approach to Stable Income: Do you have all your revenue egg… http://bit.ly/59zEiE...

By: Tammy Redmon

Tammy Redmon — Thu, 14 Jan 2010 16:18:19 +0000

Melanie this is a great post. I hadn’t looked at the metaphor of the sand pail for business and revenue generation before. Very clear and descriptive, I am looking at the rocks in my bucket today.

Diversification has been about flexibility for me, and I see that showing up with clients all the time. When we get so locked on to ‘the way it’s suppose to be’ we can miss one of those necessary bright shiny objects. That can poke a hole in our bucket. Being able to look from a multifaceted approach at offerings, actually helps in building the model for diversification.

Great read and thanks for the invitation to share.