The Hidden Cost of Doing Nothing

Saying no is always more tempting than saying yes. Doing so saves us time or money. Often both.

Completing a graphic design course will cost you five days and $799. Choose not to do the course and you'll save you all that cash, plus a week of your time.

The cost of inaction is more difficult to see.

We can't accurately gauge the cost of postponing writing a blog, launching a passion business or joining a gym. But inaction always has a cost.

The lack of an exercise routine could lead to health problems, less energy and a lower quality of life. Postponing the launch of your own business may cost you your mental health, leaving you in a dead-end job, never realising your potential as an entrepreneur.

Regrettably, we often only contemplate the costs of action and disregard the costs of inaction.

But it’s worth considering what opportunities you’re surrendering by failing to act.

For these may prove more costly in the long run.