Carrie Butler | Award-winning Author
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So, You're a Writer...

Business and the Book Industry

O is for Opportunity Cost

4/17/2015

Comments

 
Greetings, A-Zers! It’s day 15 of the 2015 A-Z blog challenge, and my theme is “The Business of Writing: A Glossary”. I know everyone is busy making rounds this month, so I’ve done my best to keep each post informative and to-the-point. :) Today’s letter is:

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O is for Opportunity Cost

Loose Definition: What are you giving up to accomplish something else?

Put to Use

Here’s an example: By formatting my own books, I save hundreds of dollars, but what do I give up in exchange? Time. Sweet, precious time that could be used for writing.


Question of the Day

Do you factor in opportunity costs?


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© 2011, Carrie Butler.

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  • Home
  • About
    • FAQs
    • Extras
    • Free Course
  • Books
    • Quick Catalog
    • As We Know It
    • Mark of Nexus Series >
      • Strength (Nexus #1)
      • Courage (Nexus #2)
      • Honesty (Nexus #3)
      • Loyalty (Nexus #4)
    • How I Found the Write Path
  • Newsletter
  • Press
  • Reviewers
    • Street Team
  • Design
  • Blog
    • About the Blog
    • Popular Posts
    • A-Z Post Directories
    • Website Help
    • SYAW Facebook Group
    • Podcasts
  • Contact