This page pulls together my most essential information about creativity. I'll share how creativity works, how to find your hidden creative genius, and how to create meaningful work by learning how to make creative thinking a habit. I've tried to present the basics of everything you need to know to start mastering creativity, even if you don't have much time.
"Oh wow, look at him" Glancing around, it only took a second to realize who my mother was referring to. Coming towards us was a man, probably in his late 20s, who was built like he'd walked out of a Calvin Klein underwear ad.
Opportunity cost is the value of the best alternative that you miss out on as a result of choosing a different option. For example, if a person chose to invest in a certain venture, their opportunity cost is the money they could have made by investing in a different venture, and namely in the best alternative venture that was available to them.
Opportunity cost in non-financial situations is more difficult to quantify. The loss or gain with choosing an option while foregoing another can be subjective and not readily comparable.
Example: While deciding on which job offer to take, we may consider job satisfaction, brand name, commute time, long-term growth, and the salary offered. While finalizing, we have to forego the other best offer. While deciding on a career, we have to consider options like prestige, impact and the work sector.