Timing is everything!

Found a $20 bill on the floor outside? Got the job you've always wanted? Something was handed to you on a silver platter? All these things are made possible by "luck". But in every "luck", there are also great "timing".

So how does this apply to entrepreneurs? Finding the right venture and industry/sector to target all rests not only on passion but also from great "timing". The opportunity to make something for your company depends on many factors, for example:

- Market Condition (recession or boom?)
- Current Needs and Wants (what's hot and not?)
- Demographics (young generation? middle-age? baby boomers?)
- Barrier of Entry (easy or hard?)
- Industry Saturation (blue vs red ocean?)
- Nature of the company (Time-sensitive? Capital Intensive? etc.)
- Strong Management Team (Experience? Coachability? Expertise? Communication? etc.)

Although the list can go on, many of these factors must be considered to turn great "timing" in your favor. With the proper research and due diligence, a company can succeed and be sustainable with the help of "timing". But of course, the other thing to also watch out for is that "timing" sometimes will knock on your "opportunity" door, and unless you open the door and embrace it, you may just miss a great opportunity that "timing" has for you.

So what's the bottom-line? You need to be prepared and open for when and where the right "timing" will appear. It may only happen once (or more to lucky people), so why not embrace it and grasp the opportunity! After all, we only have one life to live, so we might as well live out your passion and use the proper timing to succeed, and live a life with no regrets!