Money Makes Things Easier

Money makes many things much easier. 

When you have extra capital, you can easily wait the whole net-30 payment period for your money to come in. You don’t have to ask your connect at the company for a favor with every job. 

When you have extra capital, you can get to work before the revenue rolls in. You don’t have to bootstrap every part of your business. 

There’s a reason bank transfers take a few days, and it’s not because they don’t have the technology to transact your money instantly. It’s because it’s profitable for them to keep your money for a few days, so they can make more money with it. 

This is business economics 101 (maybe business economics 001), but it took a while to understand when I started freelancing. There’s no right or wrong way to run your business, but there is an easy way and a hard way. Making sure you have a little extra capital throughout the process is the easy way.