20140612

marginal cost

A To-do List for Life

Being organized has never been a negative for anyone, in fact being organized leads to success more often than not! But how about organizing life like we organize everything else? What about our life’s TO DO list. Here are something we should not miss out on!
Make time for yourself:
Yes, you had struggles to get through, troubles to overcome, loved ones to deal with, and goals to achieve. But a break from it all is more than necessary. It’s perfectly healthy to stop and let the world spin on without you for awhile. It’s good for you to spend time alone. It gives you an opportunity to discover who you really are, and to figure out why you truly are always alone.
Credit your effort despite the result:
Failure keeps you grounded, success keeps you alert, but only faith and determination keeps you going. So stay focused, and celebrate your efforts, not your outcomes. Challenges are what make life interesting, overcoming them is what gives life meaning. Remember that the opposite of failing is not succeeding; the opposite of failing is trying.
React right:
If you can change your thinking, you can change your life. You have a thought process which you ride on when you are alone and quietly thinking. The worth of your life to yourself and others, as well as the happiness it brings, depends upon the way your process works, the baggage it carries, and the emotional space through which it travels. Between life’s stimulus and your reaction is where this space exists; within it is your power to choose how you react, and in your reaction lies your growth, freedom, and happiness.
Listen to your inner voice:
Some people will kill you over time if you let them; and how they’ll kill you is with tiny, harmless phrases like, “be realistic.” When this happens, close your ears and listen to your inner voice instead. Remember that real success in life isn’t what others see, but how youfeel. It’s living your truth and doing what makes you feel alive.
Exercise Positivity:
You deserve a day when worries don’t get in the way of your happiness. A day where, even if some people are insensitive or unkind, you’re not going to mind because you realize that the blessings you received are far more precious than the burdens you once experienced. You can create a day like this for yourself. There is power in positivity.
Focus on the next logical step forward:
There are no hopeless situations; there are only people who have grown hopeless about them. So keep your hope alive. Don’t dwell on what went wrong. Instead, focus on what to do next. Spend your energy moving forward toward a solution. If you take full responsibility for yourself and your current situation, you will develop a hunger to accomplish your dreams, and you will discover a way to get there.
Be kind:
The best choice you can make is to be genuinely respectful and authentically kind. Though your kindness will not always be returned, it will certainly be noticed. And even when it’s not fully appreciated by others, your kindness will always inject more positive value into your own life. What you give comes back to you in ways that are impossible to predict. So give your kindness as often as you can, and enjoy the more positive world you are helping to create.
Appreciate people, those that have earned it:
You develop three kinds of friendships in life: friends for a reason, friends for a season, and friends for a lifetime. Take note of who these ‘lifetime friends’ are and never overlook their worth. Just because they are reliable and there when you need them, doesn’t mean you should fail to give thanks and appreciation on a regular basis. To value someone too lightly is to risk missing their goodness before they’re gone.
Be grateful for blessings:
We often take for granted the very things that most deserve our gratitude. What if you gave someone a gift and they neglected to thank you for it? Would you be likely to give them another one? The daily events in your life respond the same way. In order to attract more of the blessings that life has to offer, you must be grateful for what you already have.
Enjoy yourself:
In between all your goals, priorities, obligations, and everything else that might appear on one of your upcoming to-do lists, there are moments called ‘life’ that still have to be lived and enjoyed. The trick is to make the best of each moment, and value it for what it’s worth. In other words, don’t wish all your time away by waiting for better times ahead. Smile, right now, because you can.
Term of the Day

marginal cost

The increase or decrease in the total cost of a production run for making one additional unit of an item. It is computed in situations where the breakeven pointhas been reached: the fixed costs have already been absorbed by the already produced items and only the direct (variable) costs have to be accounted for. Marginal costs are variable costs consisting of labor and material costsplus an estimated portion of fixed costs (such as administration overheads and selling expenses). In companies where average costs are fairly constant, marginal costis usually equal to average cost. However, in industries that require heavycapital investment (automobile plants, airlines, mines) and have high average costs, it is comparatively very low. The ...
Learn more about this term
Usage Example
After hitting the breakeven point, the marginal cost of producing one more desk was so minimal that it was cost effective to create more desks.
FacebookFacebookTwitterLinkedIn
 
Trivia of the Day
Choose the Right Answer:
Original image provided by Upper Snake River Valley Historical Society. Image was altered by adding text.License
 
Featured Article

What to Consider When Forming a Strategic Alliance

Strategic alliances can be a loose agreement between two people or two organizations with a common purpose. Or, they could be highly formalized, commercial...
Read this article
 
Voice Your Opinion