Behind Every Decision Is a Cost

CategoryReading Notes

When you're busy paying attention to other people, you're wasting your own time. The first thing an adult should consider is the return on investment — how much are you putting in, and can the output at least cover your costs?

The simplest way to measure this is to set an hourly rate for yourself. Every minute and every hour wasted can be converted into money. When you waste time following others or gossiping, you're throwing money away. Can you get that cost back?

So how do you lower costs and increase output? That's what should keep you up at night once you've matured.

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