When Opportunity Knocks

The first rule of all enterprise is to know a solid value when you see it.  The second rule is to be able to act on an opportunity when it arises.  If your neighbor suddenly decides to sell his extra building for 50 percent of its true value but only if he can have cash in twenty-four hours, can you respond?  The moral of this story is this:  funds already spoken for must remain silent when opportunity knocks.

— Jon Hansen, Good Debt, Bad Debt



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