Answer by Syama Meagher:
Time consuming and expensive can be looked at differently depending on the type of business you are looking at.
Generally, areas that you are not an expert in will be both time and cost intensive. Either due to learning or hiring out.
In addition, some things just take time and cannot be rushed:
- Brand Building
- Building out financial model…how you make and spend $$$
- Product Development: Beta testing your product, service and idea.