I first started in tech when one of my friends and I decided it was a good opportunity to start a company while we were in school because we had almost no opportunity cost. Our opportunity cost was playing 'World of Warcraft' and drinking beer. We thought it was a good time to try something.
Everything has an opportunity cost, and the big things we want in life - like happiness and healthy relationships and wealth - they all have big opportunity costs.
The problem with opportunity cost is that opportunity cost is divided among many, many things.
Features have a specification cost, a design cost, and a development cost. There is a testing cost and a reliability cost. ... Features have a documentation cost. Every feature adds pages to the manual increasing training costs.
I tell my micro students everything I teach them is important, but the truth is that some things are more useful than others, and opportunity cost is near the top.
I would probably, in my 60s, be ready to start having kids, as long as I was spared all the stuff about it that doesn't appeal to me. By then, I'd have lost interest in practically everything, so there'd be no opportunity cost involved.
Blockchain technology represents a generational opportunity to mutualize database infrastructure across entities within financial services. What that translates into is an enormous cost-saving, risk-reducing, and capital-enhancing opportunity.
I loved Fugazi, the D.C. hardcore band, because they always did everything themselves. They had their own label, and the CDs always cost nine dollars, the T-shirts always cost eight dollars, the shows always cost five dollars, no major label.
It will cost you everything to follow the Lord. And it will cost you even more to be His man for this hour.
The lack of opportunity is ever the excuse of a weak, vacillating mind. Opportunities! Every life is full of them. Every newspaper article is an opportunity. Every client is an opportunity. Every sermon is an opportunity. Every business transaction is an opportunity, an opportunity to be polite, an opportunity to be manly, an opportunity to be honest, an opportunity to make friends.
The cost of the vaccine is truly minuscule when you think about the benefits you're getting from an opportunity-cost standpoint. If you're going to miss several days of work - and you will - with high fevers, body aches, nausea, and vomiting... you're going to be losing out on a lot more money and productivity if you don't get the flu shot.
Creation cost Him nothing; salvation cost Him everything.
We're guessing at our future opportunity cost. Warrenis guessing that he'll have the opportunity to put capital out at high rates of return, so he's not willing to put it out at less than 10% now. But if we knew interest rates would stay at 1%, we'd change. Our hurdles reflect our estimate of future opportunity costs.
On the Internet, there are an unlimited number of competitors. Anybody with a Flip camera is your competition. What makes it even worse is that YouTube is willing to subsidize the cost of your bandwidth. So anybody can create and distribute for free basically, but the real cost is marketing. And that's always the big cost - how do you stand out and what's the cost of standing out? And there's no limit to that cost.
There is no doubt that pollution contributes to the climate changing around us, but what I refuse to do is support a climate tax bill like Waxman/Markey put in place that would have cost farmers and ranchers in the state, that would cost small business the opportunity to grow, that would increase that bills that families pay, $1,700 a year.
Civilization comes at a cost of manliness. It comes at a cost of wildness, of risk, of strife. It comes at a cost of strength, of courage, of mastery. It comes at a cost of honor. Increased civilization exacts a toll of virility, forcing manliness into further redoubts of vicariousness and abstraction.