Spend money to save time
There is an adage which many company’s continually contend with: at points we will spend time to save money, at others spending money to save time… During various stages, typically during the early growth stage, we spend a lot of time, 60-70-80 hours per week, in order to save every penny possible. Later on, we learn and have the financial resources to spend money to save our valuable time. This goes back and fourth throughout every stage of a company’s existence.
The big lesson hear is to first acknowledge this principle and then decide how to best leverage this for your own business. Sometimes the right knowledge and expertise provided by a professional is worth more than 100 hours of personal research. So, spending money may actually be priceless.