Tuesday, May 29, 2007

The Cost of Thinking too much.

The cost of thinking too much AKA opportunity cost. Opportunity cost is the cost you pay if you were to lose the opportunity.

Many people tend to take too long before they take the first step into venturing into be it investment or marriage or any buying decision. Some seem to worry too much. They must think through every possible scenario of which it will go wrong/ right before stepping in. I am not talking about always step into something blindly that you do not know anything about. It is important to do a study but not take too long to make a decision, as there is 101++ ways for anything to go wrong/ right. What you can do is step into it after a proper study. And then do whatever it is possible to prevent it from going wrong. The key word is monitor.

Coming back, creativity can be used for a good cause like new invention and solution and it can be use for a bad cause like worrying. So use your creativity wisely

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