• Mon. Apr 15th, 2024

When It’s Time To Stop Learning and Planning

Are you still stuck preparing and planning to launch your business idea?

“Time is free, but it’s priceless. You can’t own it, but you can use it. You can’t keep it, but you can spend it. Once you’ve lost it you can never get it back.” – Harvey MacKay

Preparation and having a well thought out plan is essential for succeeding in your new venture. Though many would be entrepreneurs all too often find themselves paralyzed by their quest to learn everything there is to know and plan out every minute detail to a fault.

There are two issues with this. The first is that if you spend too long in preparation and education mode by the time you get around to taking action a lot may have changed already. The second is that many great business ideas really on hitting the market at the right time in order to be successful. If you wait too long to get started you may find your idea already being used by someone else and sometimes by a competitor with a much bigger marketing budget and better connections than you have.

Of course you can always come up with new ideas and new business plans, but when are you going to really get started? As it says in the above quote, once the time is gone you can’t get it back. What is really worse than waking up one day and realizing that you have basically wasted the last businesss hed years, are still stuck in the same job and have not gotten your dream project off the ground?

This doesn’t mean that you should dive head first into a new startup irresponsibly, but there are things that you can do today, right now to forward your goals, while you continue to build on your planning as you go

By admin