How do time and money correlate and act against each other? There is a value for your time, and the question should be ‘How much?’
If you read my section on ‘Do I Need a Business Plan’ and followed those steps, you are now ready for the next step in this process. Hopefully two important barriers have been breached in your quest to be the next new business. First, you have answered the most important questions of who am I and is this what I truly want to do.
I have heard about 40 different folks try to explain economic principles to me and others. Some were enlightening, others, well let’s just say they weren’t well read individuals. But the best one I ever heard was a basic economic concept story of prostitution.
In my career as an accountant I’ve noticed the same 3 elements of all successful business operations.
