Time is the Limiting Resource for Bootstrappers, Not Money

Written by Sean Murphy. Posted in 1 Idea Stage, 2 Open for Business Stage, skmurphy

I think a bootstrapper’s true scarce resource is time. Determining how to be most effective with how you spend your time is more important than spending too many cycles on trying to save nickels. As a side effect of cutting out ineffective activities you will tend to cut unnecessary expenses.

“Lost wealth may be replaced by industry,
lost knowledge by study,
lost health by temperance or medicine,
but lost time is gone forever.”
Samuel Smiles

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