Posted by David Alexander on July 15, 2001 at 11:57:41:
Everyone has had a better use of time… than my current foray… which In hindsight I probably should have left alone… Live and learn. I guess in this game at somepoint you always going to have a problem or too, crop up their head.
I think Tim and Monique narrowed it down, though… I have a tendency to focus on creation rather than saving.
In other words I would rather go out and make a deal that makes me 20k than paint a house for a guaranteed $450 in savings. If I spent a week finding a deal then the it would eclipse the money saved.
Guess what I’m ultimately saying is that to get ahead… say your a guy just starting out… You focus on doing things to save money… which if your living paycheck to paycheck then you’ll never get ahead, but if you focus on doing a deal and making enough to get ahead… Play leapfrog as John Burley says… then you can buy some breathing room. Otherwise you’ll always be in a cathc 22.
Your in a place where your secure and you can take the time to smell the roses, do the things you choose… but money buys time and you wouldnt be able to do that otherwise…
When your starting out you dont have that option… You have to spend a little of one paycheck to buy some signs, a little of the next to buy a course, and if your concentrating on painting houses during that time you may end up behind the 8 ball instead… of ahead it. You can trade money for time… but trading time for money is hard unless your a highly paid athlete, Oprah, an entertainer or something of that nature.
Again, this is just my opinion, one that was developed by wathcing several businesses go down because I tried to do everything and have my finger in control of everything… as you can see from the post above I may not quite excercise enough control.
Talk to you soon my friend,
David Alexanader