Things that matter most must never be at the mercy of things that matter the least.

Thursday, August 26, 2004

Opportunity lost is opportunity cost

I read this line while going through the economics book of my brother. It is a part of the process of calculating your profit. Among the costs, one is opportunity cost. If you were not doing your own business, you would be doing something else and for doing that you would be getting paid. In your own business, you are not getting that money so that is also a cost to you. I am thinking about this because of my recent trip to Delhi. I have taken a leave from my job and then I extended it. I extended it without prior approval so in some way, it is a risk I took. On its own, it is not so significant but an accumulation of such things may be damaging to my career. If I continue taking decisions like this that are not in the interest of my employer, I may suffer in long run. I may not get as much money as I could otherwise or I may not reach the level I could be making different decisions.

This is something I think nobody considers. There are people who would get upset because I didn't visit them, but I am sure they themselves will not be too keen themselves to take a decision that may be damaging to their career, none of them would be willing to take a day off to see me. Leave that aside, none of those people would consider leaving the office a little early for me. At this point I would like to say that it is wrong to generalize people. Not everyone is like this there are people who would take time out to see me and as a matter of fact, those are the people who are NOT going to taunt me that I came to Delhi didn't went to see them. "You were here for a complete week but couldn't take out some time to visit me."
"I am sorry, I was really caught up, why didn't you come over?"
"Yeah right, I am so busy, marne tak ki fursat nahin hai, kahi aana jaane ki to baat hi choro."

This reminds me of another thing-the tendency of people to show that they are the busiest people in the world. Those people have no respect for time. They will invite you for a meeting and will be late, you invite them over for a dinner and they will make you wait till 11 in the night and worse is that they will invite you over their home and will not be present when you reach there. Someone invites you to their home, you land up there on time only to wait painfully long for them to come. When they do come, they will act as if what they have done is completely normal and they won't even apologize for wasting your time.

"I got stuck up, just as I was about to come, my boss called me for a meeting... it's all right yaar, I am only an hour late. Did you have tea?"


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