The Time Value of Money:
Definition: money available at the present time is worth more than the same amount in the future.
So, simply put, we’d rather have money now than the same value in the future. The same thing holds true for action. Let me posit an integrated theory then:
The Time Value of Action:
Definition: action done NOW is worth more than the same action done in the future.
This blog is a testament to this sort of thinking. The original idea for this blog was that I had wanted to make a book chronicling and documenting the various things I was learning while running a startup. That thought started in the middle of 2011. I had created a table of contents already. I knew it would take a significant amount of time for me to finish the entire endeavor, as I had to go at it chapter by chapter. I was thinking I’d be done by 2013 with the pace I was doing.
Then I stopped and thought, why not do the same idea, but through a blog? This way, I could publish the chapters as I was writing them. So with a small investment, I put up this blog by late November of 2011 – and it has been such a huge blessing and gift for me. If I had waited for myself to finish all the chapters of my intended book, it probably would not have launched at all!
There is great value is action done now. The more time you allot to make a decision, the less the impact is.
Is there a decision you are deferring and deferring? Stop and just choose an option. Chances are, your decision to do it NOW makes it a better decision REGARDLESS of the option chosen.
A good plan, violently executed now, is better than a perfect plan next week. – General George S. Patton
(Is there someone whom you think would greatly benefit from the content of Juan Great Leap? Bless someone by sharing now!)