Because of the awesomeness of all my followers, I managed to secure a guest post from one of my good blogging friends, Leinad. He’s been around for quite a while and has many good ideas and arguments about what I say, and even better ideas and arguments over at his own blog. In his post he takes an interesting spin on writing motivation— I hope you enjoy it.
Hey, I’m Leinad — also known as Keras. You probably know me as the fellow who writes all those long, but pretty harmless essays in the comments section of this blog. If you participated in the December Teens Can Write Too blog-chain, however, you will know that I’m a much more dangerous sort of bore: I’m the guy who wanted to be the economist of Middle Earth. That’s right, I’m the one who wanted to take your favourite fictional world and curse it with the most diabolical brand of monotonous quasi-science. And I won’t stop there. The next victim of my economics-obsession will be your favourite hobby: fiction-writing.
Specifically, today, I want to talk about sunk costs in writing. Now, a sunk cost may seem like a boring, economic concept whose only redeeming feature is that it contains only words of one syllable. (If you are a particularly verbose writer, even that may not be a redeeming feature). To me, however, sunk costs are fascinating, and relevant to almost every aspect of life.
So what is a sunk cost? A sunk cost is a cost you’ve already incurred, or a price you’ve already paid. Imagine John spent $1 buying the first lot of bricks for the new skyscraper he’s building. He can’t get that $1 back (skyscraper brick-sellers are notoriously stingy), it’s sunk. Similarly, maybe he spent an hour laying the first row of bricks for his skyscraper. He can’t get that hour back (assuming the Doctor doesn’t stop by), it’s sunk. Continue reading “Guest Post: Sunk Costs in Writing”