There is always a hidden opportunity cost in every deal. What if I did not spend my time, energy or money on this particular opportunity, would the alternative use of my resources yield a better return? The opportunity cost is not so easily captured in a profit and loss statement, never the less don't forget to include it in the calculation before you make the investment.
Tuesday, March 25, 2008
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About the Author
Urban Gavelin a native Swede with more than twenty five years of business experience. He has held positions as director of sales- marketing- and business development on Nordic, European and World Wide levels. Urban has lived and worked in Stockholm, London and New York, now works primarily with leadership development and sales training and is a credentialed coach. He has studied Executive Management at Lausanne Business School and Stockholm School of Economics.
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Bottleneck Blog by Urban Gavelin © 2007-2011
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