The other day I was talking to someone about a business opportunity and I said to the person that she was only selling her time. She looked at me puzzled. I explained that if you are selling your personal services to accompany whether it be to do a particular job, consulting, advising or training, you are only really selling the time that you have in life.
Look at it this way, people work in jobs for many years and hope to retire at 60 and that their investment of the time will bring them financial freedom, security and a comfortable lifestyle. Yet this is not always possible because the job market is uncertain and by the time that they retire inflation will steadily erode their retirement income. Continue reading “Is time your only source of income?”
