When it comes to building small public companies, speed matters. A successful over-the-counter (OTC) company must be able to move quickly to execute its business plan, take advantage of new opportunities, and respond to market conditions. Here are some of the reasons why speed matters for OTC companies.

First, OTC companies are smaller and operate on a leaner budget than companies listed on larger exchanges. This means that they need to be able to execute their business plans with minimal resources, and speed is a key factor in this. By moving quickly, OTC companies can capitalize on opportunities that may not be available if they had taken longer to act.

Second, speed can be the difference between success and failure. OTC companies that move quickly to execute their business plans can gain a competitive advantage over their slower-moving peers. This can be especially important in the current market environment, where competition is fierce and opportunities can be fleeting.

Third, speed can be critical when it comes to raising capital. OTC companies are often reliant on smaller sources of capital, such as angel investors or venture capital firms. These investors may be willing to provide funding to companies that show promise, but they are also often wary of companies that move too slowly. Moving quickly to execute their business plans can help OTC companies show investors that they are serious about their business and that they can be successful.

Finally, speed can allow OTC companies to take advantage of changing market conditions. By being able to react quickly to market developments, OTC companies can capitalize on trends and make the most of their resources.

In summary, speed is a critical factor for OTC companies. By moving quickly to execute their business plans, OTC companies can capitalize on opportunities, gain a competitive advantage, show investors they are serious, and capitalize on changing market conditions.