Wednesday, January 18, 2012

The OPPOTUNITY COST is what you could gain

The concept of "opportunity cost" -- sometimes also called "lost opportunity cost" -- is most important. 

 Basically, when you have a choice between two courses of action, and you choose one of the actions, then the benefit you would have gained from the other action can be regarded as your opportunity cost. 

 Suppose you have a choice between buying a new car and paying for an operation that would save your life. If you choose the operation, then your opportunity cost is the car you didn't buy. 

 On the other hand, if you choose to buy the car and forego the operation, resulting in your death, then your opportunity cost is your life! 

 Suppose you have a choice between joining JSS-Tripler with $10 and paying $10 for a meal

Suppose that with JSS-Tripler you would earn $100. If you choose the meal, then your (lost) opportunity cost is $100. 


 If you choose JSS-Tripler, then your (lost opportunity cost is the satisfaction you would have gained from the meal. 

 Deciding to not proceed with JSS-Tripler, subjects yourself to a (lost) opportunity cost. 

The opportunity cost is what you could gain by joining JSS-Tripler. 

 In most cases, if you join a program, you don't make any money. There would be no opportunity cost in not joining such a program. So the ease of making money and the likelihood that you'll make money are most important criteria. 

 From the AV4U case study, you can see that it's possible to earn 20K per month with a similar program What you can earn with JSS-Tripler may be more or less than 20K per month. It depends on how much you start with and how many people you sponsor. 

 Another important criterion is whether the program you consider joining is growing or not. See the Alexa traffic chart at the top of this page. 

 If you haven't yet joined JSS-Tripler, I suggest you join immediately. You may be able to increase your earnings to $5,000 a month or more. 

 If you're not that ambitious, what difference would a few hundred a month do for your finances?

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