Learn more about moneyandinvestments with this collection
The impact of opportunity cost on personal and professional life
Evaluating the benefits and drawbacks of different choices
Understanding the concept of opportunity cost
Making better choices today
We can make smart choices now that will set ourselves up well for later. Choices that will improve your life.
It means you will have to do hard things today. If you're willing to look farther, you will make better choices today.
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Aim for being the best
It's obvious that the top performers in any industry always earn the most. How to become a top performer is not that clear.
Seth Godin says in his book, The Dip, that the reason most people fail is that when people are in the dip and things get very difficult, they often quit. The p...
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Choose your opportunities wisely
It is easy to focus too much time and energy on the wrong things. There are only so many hours in a day. We can't say yes to every opportunity. Instead, ask yourself, "which opportunity can give me the biggest possible return?"
Everything requires energy, ...
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What being the best really means
Seth Godin defines the best in the world as:
- the best for the target consumers, right now, based on what they believe and know.
- in the world, as in their world, the world they have access to.
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Start today
The best time to plant a tree is 20 years ago. The next best time is today.
Building a business that earns a great income, or creating a career you enjoy, takes time. If you want to earn more, don't wait for the perfect moment. Start today. It's about taking that first step.
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Three Tips for Making Better Decisions
Have you ever made a decision that you later look back on and regret? This happens when we’re not aware of how we make decisions.
And that’s odd because the decisions we make, or in many cases not make, shape the outcome of lives. But many of us don’t know how we make decisions. By understa...
De-stress regularly
When you're under regular stress, you'll never get a chance to make good, rational choices.
If you set aside 30 minutes each day to relax, you will be in a better state to make smart choices.
1. You work hard to make your life better
You know what being poor means. So, you work hard 24 X 7 to make your life better. So, that your kids can get a better life, a better opportunity that you never had when you were young. When you are poor, you value everything because even the basic things are hard to get. It is almost like a lux...
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