- Jul 2, 2019
That's essentially the hotdog cart argument.
Believe whatever you want, but the reality is that at some point in owning a business, especially a new one, there are going to be huge demands on your time if you want to succeed.
No I did not mention the hot dog cart argument.
That is a consideration for some people.
“ What is opportunity cost and example?
When economists refer to the “opportunity cost” of a resource, they mean the value of the next-highest-valued alternative use of that resource. If, for example, you spend time and money going to a movie, you cannot spend that time at home reading a book, and you can't spend the money on something else.”
No one is holding anyone back to do whatever except the person coming up with investment money.