#Opportunity Cost
Quotes tagged #Opportunity Cost
Quotes: 9

Progress Demands Risk: Lessons from the Baseball Diamond
Zooming in to the individual level, personal development often means stepping into uncertainty. Whether changing careers or pursuing higher education, advancement rarely unfolds in comfort. Like the baserunner, we must trust in our preparation, seize the right moment, and be willing to let go of familiar ground. In doing so, we discover new capabilities and horizons that playing it safe would render forever out of reach. [...]
Created on: 8/2/2025

The Ripple Effect of a Single Mistake
Yet, if Confucius cautions about mistakes, his broader teachings also invite us to learn from them. The recovery process—marked by humility and reflection—can minimize future loss. As the philosopher elaborates in the *Analects*, resilience means not only avoiding repeated errors, but using each setback as a stepping stone to wisdom. Thus, while one mistake may yield lasting consequences, how we respond can restore hope and possibility. [...]
Created on: 7/5/2025

The Value of Each Day: Choosing How We Spend Time
In conclusion, the quote serves as a gentle but firm invitation to reflect: What are we trading our days for? By routinely asking this question, we can realign our choices with our deepest priorities and values, ensuring that the days we exchange contribute to a life of purpose, gratitude, and intentionality. [...]
Created on: 6/27/2025

Understanding Desire Through the Lens of Sacrifice
Ultimately, acknowledging what must be left behind allows us to pursue our desires with open eyes and mature resolve. By reframing sacrifice as an integral aspect of any worthwhile pursuit, we develop a deeper, more sustainable sense of satisfaction. In this light, success transforms from a matter of mere acquisition to one of intentional exchange, aligning our values with our ambitions. [...]
Created on: 6/8/2025

Judge Your Success by What You Had to Give Up in Order to Get It — Dalai Lama
Short-term accomplishments may lead to long-term dissatisfaction if the sacrifices are too great. Research in positive psychology, such as Martin Seligman’s work on authentic happiness (2002), highlights that holistic well-being requires balance between achievement and other life domains, warning against success born from unsustainable sacrifice. [...]
Created on: 5/2/2025

The Price of Inaction Is Far Greater Than the Cost of Making a Mistake - Meister Eckhart
Attributed to Meister Eckhart, a German theologian and philosopher, this statement reflects his focus on active engagement with life and the spiritual journey. His teachings often revolved around inner action and taking steps toward transformation. [...]
Created on: 1/17/2025

The Price of Anything - Henry David Thoreau
Thoreau, a leading figure in transcendentalism, sought to understand deeper truths about life, nature, and society. His emphasis on introspection and simplicity reflects his beliefs in living authentically and purposefully. [...]
Created on: 9/4/2024

The Essence of Strategy Is Choosing What Not to Do - Michael Porter
Michael Porter is a renowned academic and consultant known for his theories on economics, business strategy, and competitive advantage. His insights have significantly shaped modern strategic management thinking. [...]
Created on: 8/22/2024

One Today Is Worth Two Tomorrows - Benjamin Franklin
Benjamin Franklin was known for his practical wisdom and this quote reflects his pragmatic mindset. It is advice to live fully and efficiently in the now rather than banking on an uncertain future. [...]
Created on: 7/5/2024