d.MBA

d.MBA Trailer Bonus Episode 29 Season 1

29- The hidden costs that govern our business (and life)

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In the second mini d.MBA episode, we look at two related business concepts: Opportunity Costs and Return on Investment (ROI) If you take a year off from work and do an MBA, this doesn’t just cost you $100k. During that same year, you could be earning your salary. So, your opportunity costs (for that year) are way above $100k. A freelancer that takes on a project with a 50% discounted rate won’t be able to sell that time to a much better paying corporate gig if it shows up at a later point. How can we best decide among different opportunities and their costs? One way is calculating ROI.

Show Notes

In the second mini d.MBA episode, we look at two related business concepts:

  • Opportunity Costs

  • and Return on Investment (ROI)

If you take a year off from work and do an MBA, this doesn’t just cost you $100k. During that same year, you could be earning your salary. So, your opportunity costs (for that year) are way above $100k.

A freelancer that takes on a project with a 50% discounted rate won’t be able to sell that time to a much better paying corporate gig if it shows up at a later point.

How can we best decide among different opportunities and their costs? One way is calculating ROI.

What is d.MBA?

Business confidence for designers.