Introduction
Pivoting refers to change of direction. This may not be from North to South, but, also includes how an individual changes his or her life to adjust his or her life to fit in the prevailing conditions. In this paper I will narrate on how pivoting helped me to weather the pains and losses of covid19 pandemic, and how value of my time, opportunity costs and risks helps me to remain productive.
Pivoting Effectively
In the wake of Covid-19 pandemic several changes happened at the place where I used to work. I was among the first people to be laid off as a result of lockdown that came due to the government regulations to contain the spread of the virus. I lost my source of income. With a family that depends on me I had to look for a solution as fast as possible. I resulted to working as a casual worker in several places where I did cleaning jobs. This made me to at least earn something as I looked for another place to work. For more than six months I did that job.
Time, Opportunity Costs, and Risks
When making financial plans I have learnt the importance of the value of my time. Going forward I have to know whether my time is worth the activities that demand my attention. If the value of my time is higher I will be looking for another person to carry out those duties on my behalf. Two, it is not a must I get everything I need due to scarcity of my resources and thus I have to make decision on what to forgo in order to gain what is important and of value to me. Three, I must take risk in order to gain.
Conclusion
Productivity is directly related with the decision one makes relating to his or her time, opportunity cost, risk and ability to change in case of emergency events.
Pivoting refers to change of direction. This may not be from North to South, but, also includes how an individual changes his or her life to adjust his or her life to fit in the prevailing conditions. In this paper I will narrate on how pivoting helped me to weather the pains and losses of covid19 pandemic, and how value of my time, opportunity costs and risks helps me to remain productive.
Pivoting Effectively
In the wake of Covid-19 pandemic several changes happened at the place where I used to work. I was among the first people to be laid off as a result of lockdown that came due to the government regulations to contain the spread of the virus. I lost my source of income. With a family that depends on me I had to look for a solution as fast as possible. I resulted to working as a casual worker in several places where I did cleaning jobs. This made me to at least earn something as I looked for another place to work. For more than six months I did that job.
Time, Opportunity Costs, and Risks
When making financial plans I have learnt the importance of the value of my time. Going forward I have to know whether my time is worth the activities that demand my attention. If the value of my time is higher I will be looking for another person to carry out those duties on my behalf. Two, it is not a must I get everything I need due to scarcity of my resources and thus I have to make decision on what to forgo in order to gain what is important and of value to me. Three, I must take risk in order to gain.
Conclusion
Productivity is directly related with the decision one makes relating to his or her time, opportunity cost, risk and ability to change in case of emergency events.
