Wednesday, 12 September 2012

Opportunity Cost, Status Quo & My Time!!

Opportunity Cost(OC) -  It simply means the loss of potential gain from other alternatives when one alternative is chosen. 

Again in simple terms, maintaining the 'Status Quo' is to keep the things the way they presently are. i.e. not trying to add/remove any value to/from the system.

         Here, in this case, I would like to consider the opportunity cost of time spent, not in the context of money. (OC) = 'I could've done so much'-it may even sound less.
         Many of us utilise time for different things which later turn out to be useless, unproductive."I wasted the time, that too badly" the conscience echoes over & over again!"But how did I waste the time? Did I know that I was wasting the time?" The answer is 'No'. Usually no one knowingly wastes the time (except for some fools like me :P ). But there is something very 'habitual', which is deeply rooted, that makes it happen i.e. getting used to Status Quo.

         Each time I relied on status-quo and flowed with the wind silently, I actually lost a great opportunity to make a difference, adding some value to the moment of life. I did waste a lot of extremely precious time. The opportunity cost was also huge. But then I've now realised that status-quo is unsustainable. Trying to maintain the status-quo, that is unsustainable, is the foolish thing that one can do instead of utilising the same time in productive & innovative things. So its time to put my time in some productive purposes :)

         It is then I recalled the remarks of Dr. Jayaprakash Narayan, the founder of LokSatta Party, that he often makes       

                        'Change is inevitable when Status Quo is unsustainable'

        So I've arrived now breaking the walls of procrastination. Yes, Change is inevitable. Be the change. Add some value to the moment of life(system). Celebrate Life.

- - Yours Truly

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