The Opposite of Opportunity Cost
Let’s start this blog post with a definition. Opportunity cost is the loss of potential gain, because you chose a different route. This is similar in concept to technical debt. Technical debt is what is required to re-work an existing quick solution to make it solid. How are these two concepts related? Opportunity cost is often, when truly boiled down, “we took the easy/logical route” when you shouldn’t have. So what happens when you realize that you have regrets over picking one route instead of another? Picking an easy/logical route that didn’t work as well as “the greener grass on the other side”? I am going to take a moment and simplify the verbiage so that we can gain perspective. When we look at the word “opportunity” that really seems to drill down to “non-action” or areas where action could be taken. When we look at the word “cost” we can make it modified to be “lack of” or “removal o...