Mental Models for solopreneurs

How to use Opportunity Cost

1 Mindset shift

2 When to use it

3 How to use it

The cost of doing something is always higher than doing nothing. This means sometimes doing nothing is better than executing poorly.

Before you commit time, money, or attention.

Ask what you will have to give up to say yes (time, money, energy) and whether the result will be worth the trade-off.

Picture of Nicholas Robb

Nicholas Robb

Founder, Design Hero
Author of Life by Design
Nicholas@lifebydesign.online

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