Sunday, 9 June 2013

How to make CHOICES?


How to make CHOICES?
By: INDARA BIN TUTOPOK
Date: 10 April 2013
O
pportunity cost come into play in decisions well beyond simple buying decisions. Consider the different choices people make with respect to college. College graduates usually earn about 50 percent more during their lifetimes than person with just high schools diplomas. For most capable students, “Go to college, stay in college, and earn a degree” is very sound advice.
Yet Microsoft cofounder Bill Gates and talk show host Oprah Winfrey both dropped out of college, and baseball star Alex Rodriguez (“A-Rod”) never been bothered to start classes. What were they thinking? Unlike most students, Gates faced enormous opportunity costs for staying in college. He had a vision for his company, and his starting work young helped ensure Microsoft’s success. Similarly, Winfrey landed a spot in local television news when she was teenager, eventually producing and starring in the Oprah Winfrey Show when she was 32 years old. Getting a degree in her twenties might have interrupted the string of successes that made her famous talk show possible. And Rodriguez knew that professional athletes have short careers. Therefore, going to college directly after high school would have taken away four years of his peak earning potential.
So, I hope this article can give you guideline to be success. Don’t think that you cannot be success because of you don’t have diplomas and degrees. Gates, Winfrey, and Rodriguez can be a success person because they focus and do the best what they want.



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