A Millennial's Journey
A Millennial's Journey
A Millennial's Journey
Understanding Opportunity Costs
15 minutes Posted Jul 10, 2020 at 11:00 am.
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Show notes

What is an opportunity cost? It’s the time you spend doing one thing and how that takes time away from doing another thing. For example, Oprah cutting her own lawn and maintaining her own property takes time away from her being a business tycoon, so she likely hires people to do these tasks for her.

 

In today’s episode we discuss the value of understanding opportunity costs in the short, medium, and long-term. Join Kam and Michael as they discuss some valuable experiences in their own lives involving opportunity costs, and ultimately understand how opportunity costs helps you create new quantum realities/life paths and eliminate others. 

 

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