Opportunity Cost: Making a choice means sacrificing something else at the same time because we can’t have everything. If the value of what is given up is significant, then the choice incurs a relative loss, and it is up to the CEO to recognize this as a cost. In reality, whether I am aware of the opportunity cost or not, it still impacts my current financial situation. However, to calculate profit or loss as an opportunity cost, there must be a future opportunity to forgo the current choice and select an alternative. No one should keep repeating the cycle of giving up and choosing without knowing whether the next decision will be beneficial or not. Giving up is worthwhile only when the next option is good. - Joseph’s “just my thoughts”
We struggle a lot throughout our lives, caught between what we want to do and what we are good at. The moment these two coincide is the climax of our lives. Salmon die when they return to where they were born, after all. Our life is a fun journey to synchronize this conflict. Conflicts and worries are completely normal. Let’s cheer for myself as I wander in between! - Joseph’s “just my thoughts”