Take risk with your time
The biggest force connecting business, finance and physics is compounding. Anything that is worthwhile takes time to build. It should be repeated again and again with tiny iterations each time. Each iteration will cost you time.
You can invest in two main ways. You can invest with your money, put capital in a project to grow it. The second way is time investing. If you are in the early stages of your career, you need to do the second one much more than the first one.
If you manage to combine capital investment and time investment in a single project, you are bringing gasoline and fire together, and good things will happen for your project and for you. But in the case that you cannot combine them, I see time investing more important than the capital investing.
Capital investment loses its effectiveness completely if there is not sufficient time investment in a project. What is this time investment? For me, it can be:
- Thinking about your project, with all the advantages and disadvantages for you.
- Planning and creating a game plan
- Creating whatever project you have, task by task
- Thinking about why the things that work are fine, and why the things that don’t work actually don’t work
- Trying new things to increase the efficiency of the things that work
- Planning on how much earnings will be reinvested into the project
- Thinking about possible collaborations
- Saying “no” to the things that don’t matter.
- Saying “no” to the meetings that don’t matter.
- More thinking, more planning, more creating, more iterating and more reflection
Capital investment cannot give you that. Take risks with your own time to start a fire. Then, some capital will pour some gasoline onto it.
And, one more thing. When you take risks with your own time, you give your most precious asset in your life, which is time. You give this for unknown returns. But this process will give you such a life experience that it will guide you each time to pick more efficient and valuable projects, create better strategies and focus on the things that matter.
Without time investment, there is no way.
Existence itself is meaningful because of the notion of time.
And nothing meaningful is created with its main fabric, time.
