Michael Saylor, co-founder and Executive Chair of Strategy Inc. (NASDAQ:MSTR), once underlined the value of staying “focused” in life, a hard-earned lesson from his early experiences trying to launch multiple businesses.

Why Saylor Chased Multiple Ideas Despite Early Success

During the "When Shift Happens" podcast that aired May 21, Saylor recalled that his first company, which was then called MicroStrategy, had become broadly successful and surpassed a $1 billion valuation.

But instead of focusing “150% of his energy” on cultivating that one business, as he put it, he proceeded to launch multiple other ventures.

” I tried to launch 10 other businesses because I had 10 other ideas,” the Bitcoin (CRYPTO: BTC) bull said.