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Opportunity cost

Is the loss of other alternatives when one alternative is chosen.

Opportunity cost happens every day when we say yes to one thing; we unconsciously say no to many others. One must understand that it occurs multiple times a day, e.g. if you say yes to working late, you are saying no to spending more time with your family or friends.

A simple way to look at it is through the following equation: Yes to one = no to many   

We can also look at opportunity cost from a materialistic point of view. By saying yes to purchasing the expensive car, you are saying yes to working more hours to pay it off, which in turn is saying no to your freedom.

And this happens every single day without us realising it. So what are you saying no to today? 

Food for thought.

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A time to stick or to quit?

For me, at this moment, it is a time to stick. I have a few projects on my plate, so it is best to stick and see them out. At times, people tend to jump ship quickly due to the rapid pace of the current world we live in or not seeing results fast enough. Remember, the journey is yours and no one else’s. Have you thought about quitting for a while now, or have you been exposed to a ‘better idea’. Bear in mind a ‘better idea’ may not be the best choice.

Food for thought.

Till next time, Stay Stoic,

SSC

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Addicted to distraction?

Trying to get that big project done but can’t seem to get into it?

Feel like you need to look at your phone every 2 mins, and get up from your desk on a regular basis? Maybe it is your lack of deep concentration and your addiction to distraction.

Cal Newport in his fantastic book Deep Work talks about how we as humans have switched from a deep work ethic “professional activities performed in a state of distraction free concentration that push your cognitive capabilities to the limit” to a shallow work ethic “noncognitively demanding logistical-style tasks, performed while distracted. These efforts do not tend to create high value and can be easily replicated”

This makes us wonder what type of work are we doing? Is it work that looks productive but all it is is busyness (shallow work) or is it deep meaningful work? In order for it to be deep meaningful work, we need to be free from distractions, now here is where the problem comes in. Some of us have been so conditioned to live with distractions during work that we are unable to switch into that deep work mode.

So which type of work are you doing at the moment?

Next time when you sit down to do some meaningful work try the following:

  • Find a quite space
  • Put your phone in another room/In your bag out of sight
  • Turn off the Wi-Fi on your computer to limit internet use (unless directly needed for the work itself)
  • Ensure your space is clean and tidy

“In order for it to be deep meaningful work, we need to be free from distractions”

Let me know in the comments below if these steps have helped you switch on.

Food for thought.

Till next time, Stay Stoic,

SSC.

Want to read more from the blog?

The Power of Sleep

Everyone knows the importance of sleep and its effect on our health overall. But if we are really honest with ourselves, do we really take on board all the advice we are given? In his fantastic book ‘Why We Sleep’ Matthew Walker explains how not getting our 8 hours a night can have a detrimental effect on our lives.

“The decimation of sleep throughout industrialised nations is having a catastrophic impact,” – Matthew Walker ‘Why We Sleep’

Now I am not going to go all heavy in regards its benefits but I will hopefully point you in the right direction with a few recommendations, which you can implement right away to help improve your sleeping experience.

  1. Turn all your screens onto night mode. This will help reduce the amount of blue light which can negatively affect sleep.
  2. If you are able, I would recommend staying away from all screens for 90 mins before going to sleep.
  3. Blackout the room through the use of black out curtains or wear an eye mask.  
  4. Try to keep caffeine intake early in the day and limit its use after 2pm as coffee has a half-life of 3-5 hours.
  5. You can potentially use lavender essential oil as researchers have found it can aid sleep

This is just a basic insight into the importance of sleep in our lives and feel free to let me know in the comments below your tricks to better sleep.

Food for thought.

Till next time, Stay Stoic,

SSC

Lessons from COVID 2020

It has been a weird time over these last few months, and many people are still trying to get to grips of the reality of COVID 19. But here are a few lessons I have taken away over this particular time.

  • ExerciseEveryone knows how important is it for our physical and mental wellbeing. Just move your body and move it often, it’s that simple (more like a reminder this one)
  • Anxiety is always with us –  No doubt anxiety levels have gradually increased over time, and you will never eliminate anxiety completely, but you can manage it through various activities such as exercise, meditation and artwork.
  • Family/Friends – Your family and friends are what is important and not material objects. Be present and don’t be caught up in all the hype of consumerism.
  • Being ‘connected’scrolling through your social feeds for hours a day is not being ‘connected’. Limiting our screen time and chatting face to face does wonders to our mental health.  A simple phone call matters a lot more than a like to a post.
  • Security – There is no such thing as security in life, things change, and we have to accept that and adapt to be able to move forward. This is the new normal.
  • Time is not unlimited – Don’t waste it, our time here is going faster than you think. Use it wisely. Watching 4 hours a tv a day will mean that by 65 years of age you wasted 9 years of your life.
  • Work – Are you living to work or working to live – food for thought.
  • Pastimes – Get a hobby outside your line of work. Don’t be that work, home, tv, repeat person.
  • Keep learning – Always strive to keep learning. If you are not learning, you are not living – Kevin James Breaux
  • Information overloadYes, there is a thing called having too much of it, turn off the news and the social media consume and get outside, get creative.

Don’t worry, we are all still trying to figure out this thing called life!

“Always strive to keep learning. If you are not learning, you are not living” – Kevin James Breaux

Food for thought.

Till next time, Stay Stoic,

SSC

The Stoic Gym Goer

Stoicism and physical exercise – are these two areas linked more than we think? People invest time in both areas to be better humans overall. The research has outlined a strong link between physical exercise and a positive mental state, and this is familiar to many. Therefore this post is going to take a slight detour.

Stoicism has been defined as the following  – “a philosophy designed to make us more resilient, happier, more virtuous and more wise–and as a result, better people, better parents and better professionals”. As outlined by Ryan Holiday, the idea of Stoicism is based around being a better human being through the following cardinal virtues.

“a philosophy designed to make us more resilient, happier, more virtuous and more wise–and as a result, better people, better parents and better professionals” – Ryan Holiday.

The gym for many people can be an intimating place, with everyone being very conscious of how they look. Therefore this is an environment in which one can practice being a better human being in more ways than one.

Wisdom – If you feel that a less experienced gym fellow is struggling with their training, you can try and help them out in any way you can.

Justice – Being kind, and good-hearted on the gym floor by not being selfish with the amount of equipment you use and making sure to wipe down after use.

Self-Control – Having the discipline to go work out regularly.

As you see, implementing stoic philosophy in a gym environment can be done helping you and fellow gym-goers on your fitness journeys.  

Food for thought.

Till next time, Stay Stoic,

SSC