Tynan

Life Outside the Box

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Value, Price, and Cost

The concept of Value vs. Price is one that I am inexplicably fascinated by. Maybe it's the fact that most people ignore it entirely, or maybe it's because following its principles virtually guarantees success in any area.

Most people do not understand the difference between value and price or, at the very least, greatly underestimate it.

So, what is the difference between value and price? Value is the benefit derived from an action, and price is the benefit lost by performing an action. What makes this such a profound concept is that every action has a value and a cost associated with it, and it is usually fairly easy to measure. Our unconscious minds are constantly evaluating the price and value of every possible choice, which ends up governing many of our actions.

The Upside to being Stubborn

Back when I used to help Mystery run workshops, we had a division of labor. He did most of the teaching, I did most of the organizing, and he made most of the decisions. Our program was three nights in the field: Friday, Saturday, and Sunday, and two days of seminar. At one point Mystery decided that students could no longer take seminar and workshop during the same weekend. They would have to come one weekend for the seminar, and then the following for the workshop. This was great for local students, but a huge hassle for anyone traveling.

No amount of convincing would change Mystery's mind on this. I tried, of course, explaining that the reason we had fewer and fewer students was because no one wanted to fly out two weekends in a row. He wouldn't budge. Mystery is stubborn.

At the time this was frustrating, and even mind boggling-- how could someone so smart make such a bad decision and not listen to reason?

There's another side to being stubborn, though. When he was around twenty one, Mystery was a virgin who was bad with girls. Many young men have been in this position, and most of them never really solved their problem. But mystery was stubborn. He spent his last couple dollars every day taking a bus downtown so that he could go to nightclubs and observe the dynamics between men and women. He took notes, he pondered, he came up with theories, and he tested them.

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