Arrange Your Time into Meaningful Assets Rather than Careless Expenses
To begin this week, let’s start with a little lesson on business. When running a successful business, most people would agree that the way you utilize your assets and control your expenses will in large part determine the ultimate success or failure of your business. Assets are commonly defined as any property owned by a firm. They can be fixed, current, liquid, or intangible and are balanced against liabilities.
I won’t get too technical here, but the most common forms of assets are cash, inventory, property, and equipment. If you have substantially more assets than liabilities, your business will be in a very advantageous position, but the opposite is also true. To quickly move our conversation from business to life, let’s consider the one thing that no matter how successful we are in either sphere, we will never have enough time.
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