Investment is Crucial
When was the last time you invested in your business? You make investment everyday, what’s important is the Quality of these investments and not the quatity. As the saying goes, Quality is better than Quantity.
“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffett
You made an Investment when you were kids
Am i saying it correctly? YES! You did it as a kid. You invested your time to find best way to study. You sacrificed your playtime. You studied till late at night. You came home and did your homework. All these were investments. If you did it, you will know what am talking about.
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” – Robert G. Allen
You made an Investment when you were a Teenager
What i did as a teenager? You forgot? You invested your time in dating a girl. You would peek from far. Even a glance of her would made your day. You sacrificed your studies to be able to meet your girlfriend. You paid for her lunch, you bought her a St Valentine Ring. All these were investments.
You made an investment when you were a Young Adult
You would study hard to be at Harvard University, dreaming to be like Bill Gates ( an American business magnate, investor, author, and philanthropist) or Mark Elliot Zuckerberg ( An American computer programmer and Internet entrepreneur. He is the chairman, chief executive officer, and co-founder of Facebook). You wanted to have the perfect job, the perfect salary, the perfect wife, what you didn’t sacrifice? What you didn’t invest? Your parents invested the money, but you invested in the energy, the efforts, right?
So tell me when you did not Invest
You invested all time, everytime, each minute, each seconds. But did you do it efficiently? Did your investment pay off? In some cases yes, in some cases no! But if you were to return to the past, would you be able to invest better? Ofcourse! And why is that so? Because you acquired knowledge and experience since then.
What to do with your Business
You have to understand the timeline of life. It is all about Knowledge & Experience. If you lack any of these two, you will fail. And one day you will look back and say “If only i did this, If only i did not do that”. So guys, you better get to work. Get the tested knowledge from experienced businessmen. Do it. Yes, Just Do It! If you have so much time, then you could do a trial an error business strategy. Intelligent people will not go to invent the wheel. (Know what i mean?)