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What Is Opportunity Cost

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

What Is Opportunity Cost

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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.


53 reads


Making better choices today

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.


85 reads

Aim for being the best

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...


58 reads

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, ...


53 reads

What being the best really means

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.


57 reads




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Building anything of value as a leader takes time, and the process is typically challenging and messy.

Think of building a family. It takes almost 20 years to raise a child, and we only get a limited number of children to practice on. Older couples will say it takes a lifetime to build a su...


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