Opportunity Cost: The Potential Benefits You Miss out On when Choosing One Alternative over Another
Opportunity costs can be easily overlooked, even missed entirely. That’s why awareness of this concept is so important.
Does Joe install an appliance himself to save money or record this podcast? Does Cristina clean her house, or plan a strategy that wins new business? The challenge is to make these decisions with data and critical thought, rather than on autopilot.
In this episode, we dig into this concept in a simple and relatable way. You’ll come away inspired to re-evaluate your own decisions to propel you towards a happier, more fulfilling, and profitable life!