The Hidden Cost of Choices: Cayla Craft on Opportunity Cost
Doing one thing often means that you can't do something else...we're going to talk about this concept of what. The opportunity cost was like every time I would focus on this network marketing business, I wasn't focusing on mommy millionaire. And if I were to go gung-ho all in on mommy millionaire, I know I'm making it into a million company right now, right, and guess what?That doesn't mean I'm profiting million, right, but that's a heck of a lot more than what would happen if I would have focused on my network marketing business.
Ever wonder what you're giving up when you make a decision? In this episode of 'Mommy Millionaire Minute', Cayla Craft sheds light on the often overlooked concept of opportunity cost. Simply put, opportunity cost is the value of the best alternative you miss out on when you choose one option over another. Whether it's time, money, or resources, understanding this concept can drastically change how you make decisions in your business and personal life.
Cayla breaks down real-life examples, from building a brand versus network marketing to the costs of hiring versus growing internally. She even delves into the quality of life benefits and how they factor into your choices. If you're a mother striving for financial freedom and entrepreneurial success, this episode is packed with insights that can help you make more informed decisions. Plus, Cayla shares information about the Millionairess Society, a community for ambitious women looking to collaborate and grow.
Don't miss out on this chance to learn how to maximize your time and resources!