Time is Money
I know time is money is a cliche phrase but it’s true. You either spend time doing something or you spend money. In your business, you’re more than likely the head of ALL the departments. That responsibility takes a great deal of time from you...time that could be spent in other areas. When you hire, for example, you essentially are buying back your time.
I believe it is critical to be keenly aware of how you allocate your time in your business. By not paying attention to this one area, you can dramatically reduce your chances of success. Time is the ONLY thing we can never get back. Once it’s gone, it’s gone.