Think of it this way, when you walk into the bank to make a deposit, you also have something in your other hand. You have options when it comes to depositing directly into your bank account. You can deposit cash or checks, right? In relationships, what investment can you make? I’m glad you asked. You can invest time, money and love (yourself). For the small business owners reading this article, you need to take the same approach and make an investment in your business. What can you invest? Well, I’m glad you asked.

Hour

There are several ways to invest it. In the startup phase of your business, there are hours, minutes, and days devoted to the ultimate vision that was gifted to you.

  • Hours to the different facets of the business that you imagine will one day come true.
  • Months developing a process on how to structure and manage your business.
  • Mindless hours and days invested in the marketing strategies necessary to get the attention of your potential customers.

Money

As you read this section, don’t let it become an impediment to your process. Yes, money is an investment, however I never mentioned an exact amount.

  • It can be used to invest in lawyers, accountants, and other professional services to begin building and building your calling.
  • Sometimes inventory or equipment may be necessary to start a business. This investment also creates assets for your business.
  • Investing in a business coach or life coach can guide and help you end costly mistakes on your journey.

Knowledge

It is a powerful tool that comes from education and experience. This is a puzzle piece that cannot be given, but must be earned. Once you receive it, please rate its value.

  • The experience you gain from college internships or from work can help you on the path to business success. Their understanding can help you make better decisions in new careers and relationships.
  • You are given wisdom to help another person through mentoring, mentoring, or training.
  • Fundamental principles taught in school settings and great sources of informative expectations of what is to come.

These items can also be automatically configured to be deposited in a shallow location and used at a later time. You can dedicate an hour a week to a project that may not launch until next year. You can set aside $ 100 / month for 6 months to finance this same project. That diploma or degree that took you between 13-18 years to complete will finally pay off when you get out of your own way!