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Prioritize Your Options
If you want to become more aware of opportunity costs in your career, prioritize the important work.
Make a list of your top 5 priorities, keep it in a visible place, and live according to those priorities.
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Opportunity Cost
Saying 'yes' to something automatically means saying 'no' to other possibilities. This is known as Opportunity Cost. It translates into the potential benefits that we miss by choosing one option over another.
Subconsciously we are aware that we can't do everything we want ...
166
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Eliminate Options
Our first ideas are not always the best. At any given time, we have multiple options when it comes to spending our time.
We can't do everything. We have to make choices. When we get clear on our priorities, we will be able to eliminate many options and in the process, make...
130
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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 know...
152
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CURATED FROM
Opportunity Cost: Master Your Options—Master Your Career - Darius Foroux
dariusforoux.com
4 IDEAS
·2.81K Reads
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For every question, there is an answer. For every problem, there is a solution. For everything else, there is an explanation.
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Prioritize Your Tasks
Although your to-do list might have 20 items on it, the reality is that you're going to get only a couple done per day (assuming that you're not writing down things like "get up, shower, make coffee, go to work...."
Make sure the most important tasks are at the very top of ...
Warren Buffett’s 2-list strategy
Cut out “good enough” goals with Warren Buffett’s 2-list strategy.
- Write down your top 25 goals: life goals, career goals, education goals, or anything else you want to spend your time on.
- Circle your top 5 goals on that list.
- Finally, any goal you...
Prioritize, Then Prioritize Again
A to-do list is always a work in progress. Every time you add a new item to the list, reevaluate your overall priorities.
Assess each pending task by the deadline, importance, and how long you expect it to take. Set visual reminders of your priorities by color
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