Article Tags : finances . free money . get the money . making money . Money . venture capital . wealth
“The gratification of wealth is not found in mere possession or in lavish expenditures, but in its wise application.” ~ Miguel de Cervantes
Your first instinct is to get the money as quickly as possible.
The Irony Of Business And Life
The irony of business and life is that instant gratification or going for the money upfront often gives you the opposite – no money, or some money. Rarely, do you get or make the most money.
A Bird In Hand…
Now, there is a proverb that a bird in hand is worth two in the bush. But, this proverb is more about risk – the sure thing versus the not so sure thing.
Give Me The Money
The question arises, is going for the money upfront the same thing as the sure thing? My answer is that in many cases you should not go for as much money as you can get upfront. Instead, you should invest for long term and larger gains.
More times than not, if you invest in part or whole with a person in a relationship or in a business, the chances that you will gain more in the long run are much greater.
Use Venture Capital Math
You have to look at your chances like a venture capitalist: Out of 10 business relationships, you will lose on 3, break even on 3, make good money on 3, and knock it out of the park on 1.
Just Give Me A Blockbuster
The blockbuster will pay for all your losses and much more.