When starting any enterprise or business, whether it is full-time or part-time, we all know the value of having plenty of capital (money). But I bet we both know or at least have heard of people who started with no capital who went on to make fortunes. How? You may ask.

Well, I believe there is actually something that is more valuable than capital that can lead to your entrepreneurial success. I’ll get to the point.

1. TIME.

Time is more valuable than capital. The time you set aside must not to be wasted, not to be given away. Time you set aside to be invested in an enterprise that brings value to the marketplace with the hope of making a profit. Most lenders classify that as Capital Time or Sweat Equity.  In some cases this is more valuable than cash or assets in a fledgling company.

How valuable is time? Time properly invested is worth a fortune. Time wasted can be completely devastating. Time invested can perform miracles, so you MUST invest your time wisely.

Obviously there are other very important factors such as Education, Experience and Knowledge.  I will let all of you consider these statements and hope to see your comments and additions.  After all this is a place to communicate and share with others…