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In this video clip, serial entrepreneur and investor Kumar Arora offers advice on how entrepreneurs can balance more than one business at a time. First, you have to be able to "clone yourself" by hiring employees who can take on the things that you know best. Second, time management is essential; understand how to prioritize based on your strengths, weaknesses and the needs of each venture.
"Not every business needs as much love as another, so understand that some may need more time than others."
More about our expert: Kumar Arora is a man with many plans. Consistently pushing the envelope on design and innovation, much of his work centers on the idea of creating novel products and household brands. His concentration lies in a variety of industries including fashion, tech, nano-science, entertainment, marketing and design.
Kumar serves as a consultant and advisor for a range of industries. He boasts an impressive roster of clients ranging from Fortune 500s and startups to celebrities and athletes. Currently, he is paving the way with his newest project, Rogue Eyewear, using experimental materials combined with bold designs for a new perspective in a stagnant industry. Kumar is also now in the process of releasing his first book, "Eclipse," in 2017, and will be one of the investors on the all new CNBC reality series called "Cleveland Hustles."
