Thursday, May 31, 2007

Making a Decision

All life is a cost/benefit analysis: the value of an activity is the energy expended in the effort subtracted from what value we anticipate to get in return. If the cost expended in a situation is greater than the estimated revenue received, I advise you walk away from the deal. If the value received is going to be greater than the price, consider yourself in a potentially profitable situation...consummate the deal...and maintain it...until a better deal (a more profitable cost/benefit analysis) presents itself.

0 Comments:

Post a Comment

<< Home