Money loves speed

Need for Speed
Creative Commons License photo credit: Amnemona

Dan Kennedy is one of the many well-known business experts who can often be found saying “Money loves speed”. What they mean is speed of implementation. IE: How fast do you take information and take action on it? The faster, the better, as far as your wallet is concerned.

For example, we talked yesterday about pet peeves.

A few hours later, Bruce Johnson was in the middle of his client base’s online community asking what their pet peeves were with his company.

Some business owners would have printed out the post, tossed it on a pile of todo notes and gotten around to it “someday”. That isn’t what Bruce did.

Meanwhile, back at the ranch, someone emailed me and said that the blog looked like crap on Internet Explorer 6 under Windows XP. That long awaited move to WordPress 2.5 simply had to get done, so last night, Business is Personal moved to 2.5 and to a new look and feel (which isn’t quite where I want it…yet).

Every time you look closely at a very successful entrepreneur, you’ll find someone who takes action on information as quickly as possible.

It doesn’t mean they’re always in a hurry (though they might be), it means that they take action. Now. Today.

Not “someday” or “soon”.

One thought on “Money loves speed”

  1. Mark,

    Kudos on the move to 2.5. I like the new look. Having the 2 sidebars has always seemed overkill to me, but it works in practice. Have to get over my hangups : ).

    Speed with Discernment. That’s what I’d tack on the end. To be able to quickly assess and discern the best course of action, like what Bruce did. I only think of this because too often I’ve acted quickly and it hasn’t been the wisest course of action.

    Thankyou for stirring the thoughts.

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