Time, Energy, Costs, and Haircuts

June 10th, 2016

COSTS + HAIRCUTS: This morning I gave myself a quick haircut. Some may wonder why do I give myself a haircut… is he broke? Does he not have enough money? The fact is people who ask these questions only look at things surface level deep and do not see the bigger picture nor do they understand the “true costs”.

I used to go get haircuts from a “professional”…

After a few years when I start becoming more “aware” of myself and the world I realized this was exceptionally expensive. And I’m not talking about money…

Money is what the “average” person thinks about (that was me before). I’m talking about time and energy.

Depending on how long it takes you to book an appointment, go to the haircut studio, wait 5 mins for them to clean things up, get your hair cut, and drive back – this is very expensive. There are also secondary costs like your car – the usage, mileage, gas, etc but even that isn’t a big deal compared to the “time and energy” you personally spend.

Some times I showed up and there was a 20-minute wait even with an appointment! Costing me nearly an hour of my time that I could have used to do other things.

The richest people like Mark Cuban have always said that time is one of his most precious commodities. Even if you are not a billionaire to have your own private hair stylist remember the “costs” associated with simple tasks and what you can do to cut those down. If we say it takes 50 min per haircut between the commute and wait times over one year (10 haircuts) is 500 hours. In 60 years that’s 30,000 minutes (500 hours) 20 days.

If you cut this down to just 25 minutes you save 10 days of your life or 15,000 minutes.

It is not about the money. It is about the “cost” of your time, energy, and opportunity cost.

Is it worth it that you might have missed a little hair here or there? Are you socially worried what someone will think? Then you still don’t see the bigger picture.

Author: Sasha Evdakov

I'm Sasha Evdakov, an educational entrepreneur, and a study enthusiast. I am an expert in business, marketing, and financial concepts. I want to share with you real world education and experiences so you can evolve your life to the next level and do what you love to do! Connect with me on YouTube, Google+, Facebook, or Twitter

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I'm Sasha, an educational entrepreneur! I love learning about business, marketing, and finance. I want to share with you the topics I studied over the last 10+ years to help you accelerate your learning curve. Learn More

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