Time is money.
It’s something I’ve always heard since childhood.
There is even a very popular old song in my country about it.
But what does it really mean?
I didn’t realize what time=money really meant until I started running my own business.
People are pained when they lose money.
But when we lose time, it’s not really a big deal.
That’s why when we consider business opportunities, we typically look at how much money we can make, and not how much time it may cost us.
That’s why some people earn $10 per hour while another person earns 100 times more for the same hour.
All of us have 24 hours in a day.
Time is a limited resource that should be leveraged, especially for business people.
What makes the difference is how much money you can squeeze out of your time.
In this episode of the Smallstarter Business Podcast, you will learn the 6 key factors you need to consider when you’re choosing between business opportunities, and why you should pay more attention to time.
I also share the 3 criteria I personally use to evaluate business opportunities before deciding on one to pursue.
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