Sunday, 10 November 2013

TIME IS MONEY



The longer you wait to start your business, the longer it’ll take to make it profitable. And the longer it’ll take for you to make the money you deserve. You’re basically flushing money down the toilet by wasting time  on your dream.


In How to Get Rich, Felix Dennis wrote about how, in the late 70s, he listened to a trusted older man when he wanted advice on starting a computer magazine. His friend told him that no one was interested in a magazine about computers. Dennis listened but still held on to his passion. It turns out that someone else started the magazine, and Dennis ended up paying $1 million to buy a majority stake in the magazine.
If he had started the magazine when he first got the idea, saved the $1 million that he paid to buy out the original owner, and invested it, he’d be $10 million richer from that one idea. You never thought a delay could be so costly, did you?

Neither did I, but that goes to show that we never know how much our delays truly cost us… “time is money” is really an understatement.

One of the best reasons for acting TODAY is that your dream doesn't have an unlimited shelf life. It’s upsetting to have a dream to work toward, but after a while your enthusiasm will naturally die. If you don’t at least begin your work and nurture your dream with action, it’ll remain a thought in your head with nothing to show that it existed.


How many times have you had a dream, something you were really passionate about, but others didn't feel the same? And no matter how much you talked about it or thought about it, somehow it fell of the raider and never happened. That didn't mean you lost your passion, but it died a natural death. The only way to prevent that from happening is to let your dream take flight.

If not now, when? If not you, who?

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