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Why Businesses Need to Diversify Everything Right Now

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Opinions expressed by Entrepreneur contributors are their own.

I have been praising diversification for years. It has proven to be one of the most effective approaches to managing a business that I have come across through my tenure as a CEO and Managing Partner.

There are three things a business owner can diversify: the team, the client base and the revenue streams. So let’s look at each of these closer.

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