To Play Or Not To Play: A Discussion of Opportunity Costs
“Dreams do come true, if we only wish hard enough. You can have anything in life if you will sacrifice everything else for it.” ~James M Barrie, Playwright
With this quotation in mind, I’d like to say a few words about how we spend our time. In particular, I want to write a little about opportunity costs. This is a term used mostly in economic circles, but it can also be applied towards your philosophical outlook. Opportunity costs are defined as the never-fully-realized consequences of choices we almost, but didn’t, make. For example, from a musician’s perspective, let’s look at the opportunity costs of deciding what to with one hour of free time in which you could either watch TV or you could practice your guitar. If you choose to watch TV, the opportunity cost is that you won’t play your guitar. Your choice to watch TV for your hour of free time obligated you to sacrifice your practice time.
Imagine now that each day for a month you have one hour of free time and that each day you choose to watch TV instead of practicing the guitar. At the end of the month, your opportunity cost is thirty hours of guitar practice. As you can see, opportunity costs increase correspondingly as time progresses. Thirty hours of practice could represent the mastery of a number of techniques, the ability to play new songs, and surely a more intimate knowledge of the fret board.
Now let’s look at it from the other side of the spectrum. Let’s say that for that one hour of free time, you could either go for a walk or you could practice the guitar, and you elect to practice your guitar. At the end of the month, you’re able to play two new songs flawlessly from beginning to end. The opportunity cost is that you didn’t get as much exercise as you could have if you had chosen to go for the walk.
Every action in your life, great or small, bears the trappings of opportunity costs. Whatever you choose to do with your time, you have sacrificed an alternative course of action. This is the tragedy of human existence. When it comes to being a great guitarist, the principles are no different. You’re simply going to have to give some things up along the way. That’s not to say that there comes a time when you choose between your family and your guitar, but it does mean that in order to become an expert in anything—the guitar included—you have to pencil out some other things in life that you enjoy. But don’t lose heart—the rewards of playing the guitar are huge. Hang in there, stay focused, and if you start to lose interest, consider the guitarists who make your jaw drop. Just think about what kind of guitarist your idol would be if he/she chose ESPN, HBO, or MTV instead of Martin, Taylor, or Fender.
Keep practicing.