This week I had breakfast with a young fellow who has raised about $3 million for his tech startup company. He’s past the angel fund stage, and now has a group of about 30 working for him. They are still losing money each month, but he has a pretty decent runway with the revenue he’s receiving. We talked a lot about his business initiatives and the concept of time.

I think sometimes we all fall into the trap of getting diverted. While this is not his situation, we can only be good at one or maybe two things in our business life, at least most of us. Once we figure out that expertise, a never-ending process of learning begins, perfecting what we started. Then we might be successful, but success is a point in time, not a destination. We were guilty of some of this at times, and last year we pursued some projects we probably should not have. I was reminded of my own lesson.

Beyond all of this, it’s about time. When we are younger, we think its infinite, but it’s not. We have a set amount of minutes, hours, days, weeks, months, and it’s how we choose to use this time wisely that will impact our family and business life. As I told my young friend when we were departing, we all have a finite amount of time. Use it wisely.