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Opportunity Costs in the Maker Space

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Manage episode 467895506 series 3376507
Content provided by pateranchcreations. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by pateranchcreations or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Welcome back to The Laser Lounge at Pate Ranch, the podcast where we talk all things laser engraving, making, and running a successful business in the maker world. I’m your host, Alisha Pate, and today we’re diving into a topic that can make or break your business—opportunity cost.

Every decision you make in your shop—whether it’s taking on a new custom order, buying a new machine, or spending time learning a skill—comes with a hidden cost. What are you giving up by saying ‘yes’ to one thing over another? Are you making choices that actually grow your business, or are you stuck spinning your wheels on low-value work?

In this episode, we’re breaking down how opportunity cost plays into pricing, time management, and business growth—so you can make smarter decisions that move you forward instead of holding you back. Let’s talk about what’s really costing you money in your business… and how to fix it!

  continue reading

31 episodes

Artwork
iconShare
 
Manage episode 467895506 series 3376507
Content provided by pateranchcreations. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by pateranchcreations or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Welcome back to The Laser Lounge at Pate Ranch, the podcast where we talk all things laser engraving, making, and running a successful business in the maker world. I’m your host, Alisha Pate, and today we’re diving into a topic that can make or break your business—opportunity cost.

Every decision you make in your shop—whether it’s taking on a new custom order, buying a new machine, or spending time learning a skill—comes with a hidden cost. What are you giving up by saying ‘yes’ to one thing over another? Are you making choices that actually grow your business, or are you stuck spinning your wheels on low-value work?

In this episode, we’re breaking down how opportunity cost plays into pricing, time management, and business growth—so you can make smarter decisions that move you forward instead of holding you back. Let’s talk about what’s really costing you money in your business… and how to fix it!

  continue reading

31 episodes

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