Opportunity cost

Well, as you all can see, I’ve taken a long brake (4 days - classifies as a long brake in Internet time) from the blog, mainly because I’ve got a lot of stuff to do. In the last few days I woke up really early to get everything done and I hadn’t got a good night sleep in a while (the ones following me on twitter although knew what I did every day).

Some of you might consider the decision I made (not to post for a few days) a bad one. I simply call it opportunity cost. What that means? It means that I decided what is the best thing to do in a limited time frame and what I have to sacrifice to accomplish that (the second best thing). More explicit, what this means is that I’ve preferred my offline business over my blog because that produced me more money in a shorter period of time. And if you are an entrepreneur (online or offline one) I’m sure you will understand my point of view.And by producing  more money, I’m happy to say that I’ve signed quite a few good deals at the end of this week.

“There is always an opportunity cost in a decision that is made either in economics or everyday life.”, Wikipedia.

There comes a time when we all have to make this kind of decisions. I’m not gonna lie to you. My monthly bills and gas are not paid by money I make online (at least 80% of it). I wish I could make a living exclusively from making money online, but currently, I’m still in the learning process, and make most of my money by managing my own company. I have to choose what is best for me if I wanna succeed (and I think that all my readers have a desire to succeed) in life.

This is just a short post to free my mind. I would like to know your opinion about the opportunity cost. What was the opportunity cost for you to start your own business/site/blog/product (what could you’ve done with that money)? And do you regret the decisions you’ve made?

If you enjoyed this post, make sure you subscribe to my RSS feed!