Put all your eggs in one basket

Put all your eggs in one basket

Definition
Put all your eggs in one basket
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The idiom “Put all your eggs in one basket” means to risk everything on a single opportunity or venture, rather than spreading out risks or resources. Just like how putting all your eggs in one basket can be risky because if you drop the basket, you lose everything, focusing solely on one option can be dangerous. When we metaphorically put all our eggs in one basket, we are concentrating all our efforts, time, or resources into a single endeavor. This can lead to significant consequences if that one opportunity fails or doesn’t turn out as expected. It’s like investing all your money in a single stock; if it crashes, you lose everything.

The Idiom highlights the importance of diversification and risk management. By spreading out our resources or investments across multiple options, we reduce the impact of failure in one area. It’s a strategy to protect ourselves from catastrophic losses and maintain stability in the face of uncertainty. Furthermore, putting all your eggs in one basket can limit potential growth and opportunities. By being too focused on a single path, we may miss out on other valuable experiences, learning opportunities, or alternative paths that could lead to success.

Example sentences
I decided to invest in multiple stocks instead of putting all my eggs in one basket to diversify my portfolio.
It’s wise to have savings in different accounts rather than putting all your eggs in one basket with a single bank.
John chose to apply to several universities instead of putting all his eggs in one basket and relying on just one acceptance.
Mary decided to pursue both her passion for art and interest in science, not putting all her eggs in one basket with just one career path.
When starting a business, it’s essential to have multiple revenue streams instead of putting all your eggs in one basket with a single product.