Law of Diminishing Returns

Ambition can be a good thing. That is … until it drives you INSANE because all you do is work – all of the time! All too often we make the mistake in our careers by having the notion that taking on more and more projects will convert proportionally to more income. But then we’re disappointed when all that happens is we end up working way too much and the whole thing just blows up in our face. Believe it or not, there’s a theory in economics that can help explain why this is an effort in vain.  But as you’ll find out, where one door closes, another one can open. Let’s take a dive into understanding how this all works together. The Law of Diminishing Returns: When I was studying for my MBA, there was a really interesting concept they … [Read more...] about A Better Alternative to Working Too Much