For some reason I have been obsessed with the concepts from finance,
and thus here is another one that is borrowed from there. This emerges from the
fact that besides every decision or action we take, there lies a cost of not
taking an alternative course. This applies to our own lives when we think of
acting on anything,, and my statement has a positive connotation.
When we write a new story for ourselves, we always face some inner resistance
or inertia against that change and the comfort of our current story loom large
on future possibilities and actions. In the light of the concept of opportunity
cost, this course that gives way to the inertia comes with a huge opportunity
cost, and I call it the cost of positive change. Denial, postponement,
procrastination, fears, lack of commitment to a cause are some of the barriers
that push people back and drift them from their potential success, and that is
the opportunity cost of not moving in that direction.
This opportunity cost actually grows when seen in light of the concept
of compounding and thus the individuals are unable to reap disproportionate
benefits of such positive change, and lost, what could have been a great opportunity
in an area. It is evident that rational decisions need not be withheld, and the
opportunity behind what may look momentarily difficult, is not lost. ( www.thegrowthevangelist.com )
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