Prioritizing Opportunities Over Problems

Focusing on opportunity costs allows entrepreneurs to recognize the importance of directing resources toward potential growth rather than merely addressing issues. Many entrepreneurs allocate their best talent to solve pressing problems, which can lead to burnout and limited growth. Instead, it is more beneficial to have top performers work on opportunities that could yield significant rewards, even if it means allowing minor issues to bubble up temporarily. This approach promotes an environment where attention is given to ventures that might provide substantial returns, rather than getting trapped in a cycle of constantly extinguishing smaller fires.