A Quote by Mark Twain
Behold, the fool saith, "Put not all thine eggs in the one basket" - which is but a matter of saying, "Scatter your money and your attention"; but the wise man saith, "Pull all your eggs in the one basket and - WATCH THAT BASKET." - Pudd'nhead Wilson's Calendar
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Concentrate your energy, thought and capital exclusively upon the business in which you are engaged... 'Don't put all your eggs in one basket' is all wrong. I tell you 'put all your eggs in one basket, and then watch that basket.'
Conventional wisdom is not to put all of your eggs in one basket. 80/20 wisdom is to choose a basket carefully, load all your eggs into it, and then watch it like a hawk.
Concentrate your energies, your thoughts and your capital. The wise man puts all his eggs in one basket and watches the basket.
The way to become rich is to put all your eggs in one basket and then watch that basket.
I remember my grandmother used to always say, 'Don't put all your eggs in one basket.' But when I realized that music was inside of me, I decided I'm putting all my eggs in one basket.
Put all your eggs in one basket and then watch that basket.
Mr. Wrigley believed in this: Put all your eggs in one basket and watch the basket. They don't do that today. This is the old-fashioned way I'm talking about. He carried it on to his business. Do one thing and stay with it.
Put all your eggs in one basket. Then you're less likely to drop that basket.
Diversification is something that stock brokers came up with to protect themselves, so they wouldn't get sued for making bad investment choices for clients. Henry Ford never diversified, Bill Gates didn't diversify. The way to get rich is to put your eggs in one basket, but watch that basket very carefully. And make sure you have the right basket.
My whole thing is if you want to do it, then do it. Kobe told me this, but he said, 'You don't wanna lay all your eggs in one basket, but you wanna lay all your eggs in one basket.' If you wanna do something and be great at it, that's what you're going to have to specialize in. Just take it and run.
The greatest safety lies in putting all your eggs in one basket and watching the basket.
It's OK to have your eggs in one basket as long as you control what happens to that basket.
A question that often comes up at times of strategic transformation is, should you pursue a highly focused approach, betting everything on one strategic goal, or should you hedge? ... Mark Twain hit it on the head when he said, Put all of your eggs in one basket and WATCH THAT BASKET.
Put all your eggs in one basket... the handle's going to break. Then all you've got is scrambled eggs.
I've always been a fella who put most of my eggs in one basket and then take a dump in the basket but I really don't know.
When you are incubating new ideas, "Don't put all your eggs in one basket" is very good advice. But when you are seeking to transform your enterprise's portfolio by scaling a fledgling business to material size - say ten percent of total enterprise revenue - then it is imperative that you make that the singular focus of everyone in the enterprise for the two to three year period it is likely to require to reach its tipping point. Expecting to do two such scaling efforts in parallel is simply folly, yet that is what the "eggs/basket" idea is often used to justify.
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