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
Seth Godin defines the best in the world as:
Our goal is to be the best for our audience. For example, the best for your guest if you're in the hospitality industry or a listener if you're in the podcasting business.
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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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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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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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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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We're in charge. We choose the scripts by which to live our lives. Use this self-awareness to be proactive and take responsibility for your choices. Reactive people take a passive stance -- they believe the world is happening to them. They say things like:
"There's nothing I can do."
...
"Some things are in our control and others not." - Epictetus
In today's world, it's easy to start comparing ourselves to others or care extensively about their opinions. The Stoics recommend focusing on yourself and on what you can do. Let's look at an example of the commonly-known dichotom...
A paradigm is the way you see something; it's your point of view, frame of reference, or belief. Paradigms are like glasses.
Sometimes our paradigms are way off the mark, and as a result, they can create limitations in our life.
For instance: if you believe you're weak in maths, tha...
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