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Opportunity Cost: Master Your Options—Master Your Career - Darius Foroux
Risks of Ignoring The Opportunity Cost
It's easy to overlook the cost of hypothetical opportunities. But if neglected, opportunity costs will negatively impact your life, career, and relationships.
- Working on autopilot means you put in the hours and get paid, but you end up with nothing: no important knowledge, experience, or assets. If you want to have a satisfying career, you can't afford this.
- Missed Return On Investments (ROI). Our time and resources are investments. Ask yourself if you could be spending your time on something more effective.
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SIMILAR ARTICLES & IDEAS:
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Key Ideas
Curiosity: The Key To a Happy Life
The key to a long, happy and successful life is to be like a river, everflowing and curious. One has to keep learning new things and keep innovating.
Staying an eternal st...
The Enemy of Curiosity: Busyness
If one is too busy, the gates of curiosity, wonder and serendipity become forever closed. We have to take time out to do something new, exploring life, and what all it has to offer.
Our desk job followed by our home responsibilities will rob us of a good life if we are too busy to be curious.
Curiosity Keeps Life Novel
Life is about the new, and curiosity keeps life novel. Doing new things, learning new stuff and innovating in your field of interest.
Doing things that you are curious about will make your life full of joy, giving you a long, satisfying life experience.
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Ways to Say No
- The Indirect “No."Say no without feeling uncomfortable by explaining the reasons why you can't.
- The “Let me get back to you.”Buy yourself time to think...
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Being “too nice” can cause you problems
You're asked to do something, and you feel you should say no. However, if you say no, you'll be resented, so you are tempted to say yes. If you say yes, you're going to be frustrated wi...
Saying NO without guilt
- Notice how often people around you say no to each other every day. Also watch how others handle these situations.
- When you feel pressured for a yes, ask for time. It will allow you to calm down and evaluate whether you really want to do it ( "I need to check my calendar; I'll get back to you"/ "I've got to think about that; I'll let you know.")
- Saying no comfortably requires you to think what your values are. When you live by clear principles, it's easier to make decisions. People are more likely to respect your responses.
- Keep telling them that you can't help them. Then stay on repeat, even if they bring new angles of reasoning.
- When you want to help but can't commit to the specifics, make a counteroffer. You can offer someone a different resource or the name of someone else who might help.