02) Time Both…..
Most of the people have false belief that Investment is a game of only Money. But in reality Investment is a game of money and time both.
In fact, anything that is related to Money is a Function of Time.
Time is more precious and Valuable Asset on this earth. Time is more valuable than money.
Time is the only element which makes Compound interest work in favour of you. Time allow your Assets to grow in size and Valuations. And that’s why there is an old saying that,
“The Best Time of starting a Business & Investment was 20 years before & The second Best Time is NOW….!!!!”
If you start building your own Business Empire ate the age of 25 and somebody else starts building the same Business Empire with double start-up capital just 5 years later than you means his age of 30. Than probably he will never ever over take you……!!!!!!!!
The reason is Time…… Time stretches and grows your Assets (Business) in a wild manner.
The most important thing about time is that, the more you invest your time in any Asset (Stocks, Bonds, Gold, Real Estate, Art, Businesses…etc), the more it will become valuable over the time.
Any Business generates tremendous amount of Good Will over the period of time and this GoodWill will unlock the value of Business in future and thus more profitable Business.
So the key of becoming a Successful Business owner or Investor is - “Start Early”
It is not only the Game of Money. The more Time you will invest in any Business or Asset, the more it will grow in size and Valuation both. And thus more profit to you…..!!!!!!
So I advise young Entrepreneurs who have not yet leave the college to start building their Business Empire as early as possible in your Life. Because the early you start, You will be in position to Invest more time and thus more valuable Asset it becomes in future……!!!!!!!!!