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Marketing & Sales, Personal Branding & Growth, Planning & Productivity
Time & Money: Learn to Spend Them Wisely
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Time & Money: Learn to Spend Them Wisely
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January 6, 2026
2024-07-18T17:30:18+00:00 Marketing & Sales, Personal Branding & Growth, Planning & Productivity
Bootstrapping and setting priorities.
#### janice
July 18, 2024
In life, you sometimes you have more time than money. Other times, you may have more money than time.
But the reality for entrepreneurs is that they don’t have enough of both.
Here are two business concepts that will help you manage your time and money.
Bootstrapping Builds a Business on Little Money
Bootstrapping is when you start a business with very little money and build it based on the money you make on sales.
There are so many ways you can spend money when starting a new business. This is a challenge when you are not making much money. It’s important that you consider the following very carefully.
A bootstrapping entrepreneur has to make a lot of decisions about how to spend the little cash they have. Remember, you can only spend a dollar once.
Set Priorities to Use Your Time Well
So much to do, so little time. This is the second, big problem for small business owners. That’s where the four boxes come in.
The Stephen Covey quadrant, or Time Management Matrix, helps you focus on your priorities and manage your time.
By thinking of what you need to get done in these four categories, you will spend more time on what really builds your business and waste less time on unproductive tasks.
Time and money: how will you spend them?
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