Friday, October 16, 2009

Resources are Always Going to be Limited -- Use Them All.


What resources are you "saving for a rainy day" that you should be putting to good use?

Don"t look at your financial resources like money you are spending out of your own pocket. Those resources are there to be used and invested wisely. Whether you are investing in people, new equipment, or research and development, the key is to use what you have!

I find most managers hold back on investing because they do not believe they can make the right decisions on what to invest in; therefore, they hoard resources to protect against their risk-averse natures. I've never met a successful business owner who took the safe road and was afraid to invest money where it serves the business best. Learn how to make the wise choice or get someone who can. Put your time, talent, and financial resources to work and push it to the max.

JUST DO THIS…
  • Stop hoarding financial resources
  • Invest them for the greatest returns.
  • Assume some risk when investing in solutions.
  • Expect to learn some expensive lessons.
  • Expect to get great returns as well.