Smart Passive Income #35 - You cannot loose money you never had

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Pat starts by saying he has lost 10.000 USD ...
... then he revises his statement saying the missed out making 10.000 USD ...

How so?

... if he had started earlier and e.g. by a single month and would have earned last month what he earned this month and this month what he will earn next month ... THAT'S JUST SICK MATH!!!

With the same argument you could encourage child labor. Because when you start working at an age of 6 years instead of 18 years, you gain additional 12 years of income ... isn't that wonderful? NO, IT IS NOT! (sorry for my capital letters, that blog entry is really stretching it ...)

Ok, I agree. If you have business idea and do not start carrying it out as soon as possible, or actually do never start ... that's bad ... but you do not loose money ...

... imagine how much Google lost because they started in 1998. If they had started in 1992 ... well, that would be six years more income ... or could it be that their time was not up in 1992? ... could it be that, Google would have been another Altavista, or Yahoo? ...

... if you have an idea, go for it. Don't worry, that you start to soon or to late, only you and your customers can tell ... prepare and you can limit the risk ... don't over prepare  or you might never actually start ...