How
to make CHOICES?
By: INDARA BIN TUTOPOK
Date: 10 April 2013
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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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