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Founder's Journal

The Opportunity Cost of Everything

Founder's Journal

Morning Brew

Careers, Business, Entrepreneurship

4.81.1K Ratings

🗓️ 18 March 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Episode 121: Writer, Columbia Business School grad, and college athlete Jack Raines' essay, "The Opportunity Cost of Everything," forces readers to ask themselves the only question that really matters: If I was nearing the end of my life, would I be happy with how I am currently spending my time? It is a question that any human being must ask themselves periodically, but I find that it is especially relevant for entrepreneurs. There are many external forces that can push you down the path of making ego-driven decisions, and I believe this article is an important counterbalance to ground you. Original Essay: https://www.youngmoney.co/p/opportunity-cost-everything Jack’s X URL: https://twitter.com/Jack_Raines Jack’s Linkedin URL: https://www.linkedin.com/in/jackraines/ Send us an email and let us know what you think of the idea! [email protected] #FoundersJournal #Startups #Entrepreneur Listen to Founder’s Journal here: https://link.chtbl.com/OV4W93_W Watch Founder’s Journal here: https://www.youtube.com/@FoundersJournal/ Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Alex! Alex Lieberman (@businessbarista) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

What's up everyone? Welcome back to another episode of Founders Journal. I'm Alex Lieberman co-founder and executive chairman of Morning Brew

0:07.4

On Founders Journal, I act as your startup Sherpa curating the best content for entrepreneurs, summarizing it so you don't

0:14.6

have to read it yourself, and analyzing it so you have actionable takeaways to apply to your

0:19.2

business. Before we hop into it, I have one ask of you.

0:22.9

Please share Founders Journal on social media.

0:25.8

Podcasting is a super competitive game,

0:28.2

and the only way to grow is through word of mouth

0:30.7

and promotion on social. A minute of posting on your end will make the

0:35.7

dozens of hours that myself and the team spend creating the show each week

0:39.6

completely worth it. You can either give the show a shout out or share the single most interesting thing that you learned from today's episode and make sure to tag me so that I can give you proper props once you post.

0:51.0

Now let's talk about today's episode. One of my favorite

0:54.9

internet writers is this guy named Jack Raines. Jack is a former college

1:00.0

athlete and Columbia Business School grad turned writer who has a knack for breaking

1:04.8

down big weighty topics in a way that packs a punch and feels approachable.

1:10.3

I recently re-read probably my favorite of his articles which is titled

1:14.4

The Opportunity Cost of Everything. Very simply the article forces you to ask yourself

1:19.8

the only question that really matters. If I was nearing the end of my life, would I be satisfied

1:26.0

and fulfilled by how I am currently spending my time? It is a question that any human being must ask

1:32.2

themselves periodically, but I find that it's

1:35.0

especially relevant for the entrepreneur. There are so many external forces that can push you

1:40.9

down the path of making ego-driven decisions,

1:43.8

and I believe this article is a really important counterbalance to ground you.

...

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