I think everyone who`s in business faceses this all the time -- Too much opportunity. The most important thing is once you settle on One Idea stick with it and don`t jump into something else. Otherwise you`ll be running around in circles. That`s a mistake I see a lot of people making.
Opportunity is like a series of horses. You can decide which one to ride, or you can harness a group of them, and buy a chariot.
I would look into it, and try to narrow down your array of possibilities, based upon your personal likes and dislikes, your experience and passions, strengths and weaknesses, what kind of need there is in the market, and financial issues such as startup cost and oprational costs versus your budget.
I think it is important to remember, you don`t have to settle for one... just remember that each additional business brings more responsibility! The flip side of the coin is that you also have a series of lines of income potential.
Focus on a single business or small group of businesses you treat as a single business (a single business plan, and single operational plan for the group of 3 to 5 businesses), and remember, much more than 5 you will be doing nothing more than chasing your own tail, while gaining no ground! Also, it is important to remember that if you are currently working a "real job" while trying to start your own business, it harldy makes sense to focus on more than one to two business ventures, and only two if they are "intimately" related, for an easy congealing of the concepts into a single set of plans!
I hope this helps in your future endeavours!
Three things I should consider before anything else are:
- Is it fun?
- Are you good at it (or at a part of it)?
- Can you find the right team to do it?
A book I enjoyed about turning your good ideas into a great business is "The Beermat Entrepreneur" by Mike Southon and Chris West.