The less common way to decide: looking at opportunity costs
satyajitrout.substack.com
A non-obvious insight I came across this week on Twitter from the erudite Shreyas Doshi: Decide what to do not based on ROI but on opportunity cost. Progress leads to motivation. We’re constantly looking for incremental gains because they’re fuel for our actions. Basing our actions on ROI is a clear path to progress. We can answer those emails tonight and have fewer unanswered requests to wake up to in the morning. We can go through the product backlog and pick out a quick win to work on. The template for this behavior goes something like: Spend a little bit of time and solve a problem that gives the appearance of progress but is mostly something that could’ve been avoided in the first place and does not prevent the root problem from surfacing anyway.
The less common way to decide: looking at opportunity costs
The less common way to decide: looking at…
The less common way to decide: looking at opportunity costs
A non-obvious insight I came across this week on Twitter from the erudite Shreyas Doshi: Decide what to do not based on ROI but on opportunity cost. Progress leads to motivation. We’re constantly looking for incremental gains because they’re fuel for our actions. Basing our actions on ROI is a clear path to progress. We can answer those emails tonight and have fewer unanswered requests to wake up to in the morning. We can go through the product backlog and pick out a quick win to work on. The template for this behavior goes something like: Spend a little bit of time and solve a problem that gives the appearance of progress but is mostly something that could’ve been avoided in the first place and does not prevent the root problem from surfacing anyway.