Time is Money

Time is money surely one of the shortest most popular proverbs, however, a little stretch will explain further in what stands to the actual meaning and the real expressions, A well utilized time is money.

Just as we waste time, we also waste money, very much more than we waste time, however differences lies in the fact that a wasted time is hardly felt, one wouldn’t feel bad about wasting half of his daily hours, but would feel bitter about wasting a hundred dollars, however, an average American worker earns about 20$ per hour, thus an average of 200$ for half of the daily hours. This is about two times a hundred dollars loss, however the former is not received with much remorse and regret but the later is received with high remorse, if not wailing… lol

The real value of time might never be understood by the average citizens, or an average businessman, six hours could be spent watching Hollywood movies and another couple of hours playing golf, and maybe another two hours watching the UEFA champions league, and it’s just part of life. While these hours won’t be a loss to an average businessman, In fact it’s a huge gain as relaxation is a big boost for the body systems, but for an active and ambitious business strategist, this is a huge loss of time… and money.

Time is money is hence not a flawed adage, only a massive exceptions which streamlines the relevance to the minority of the population. Though one in a while, everyone falls into the chains of this adage, having a task to perform in a given space of time makes one realize this, you could hear the seconds arm of your wall clock reminding you that time waits for no one, and the ticks sounds louder.

Having a business plan and a goal to achieve, every business strategist fall into a common dilemma as regards their use of time, to act quick or to take it slowly these question fills the minds and there is rarely a common formula which arrives at the desired formula because having a business plan to implement is very much different from having a plane to catch, it is also different from walking in a slippery floor, while overspeed might be a wrong approach, going to slow in pursuit of a deal or implementation of your strategies is certainly the wrong way to do things. Moderate speed? I’m sure you guessed that, but that’s not certain too…

A fast business man who is skilled enough to heed to time and spend each hour working towards his goals, getting up early and being punctual to work is priceless, however, this write up is centered on personal or group approach to business plans, and focuses on when they/he hopes to kick off his plans and how he goes about it with respect to time.
While some plans requires fast action, many other strategies would require slow implementation and gradual works throughout the whole process, it all boils down to the environment. A business environment includes the personnel, the resources and the factors surrounding the plan, this determines the speed and resources to be invested in the business plan, this is where real professionalism in business planning comes in.

Correct calculation of the business environment is the real virtue here, making business plans also includes taking into consideration the factors involved in the business and also the available resources in terms of personnel and material resources, these gives a hint on the right time to strike, to kick off your plans and implement the blue prints, one after the other, plans requires calm and careful decisions, though the speed of implementation might vary but for a good strategist, the need to slow down and make more careful plans is always paramount amidst the fast waves of the hunger for success.