10% Of The Cost For 90% Of The Result

10% Of The Cost For 90% Of The Result

Twice this week I have found solutions to problems that came at 10% (or less) of the cost and produced 90% of the results. One in my business, one in my personal life....

AT WORK:

I have a funky historical industrial office - I love everything about it - except the climate control - it has a gas fired radiant heater which works awesome for the cold winters - but no solution for the scorching humid summers (which only last 6-8 weeks). For the past two years we have just dealt with it - but as we look to grow and recruit more talent we know people will not want to work in a hot sticky office for the summer. I got a quote for a professional AC installation - over $10,000 to properly outfit the office with ducting and a commercial AC unit. I wasn't really that excited to spend 10k to blow cold air for 8 weeks a year. Enter solution 2 - a portable room-sized AC - purchased used for $200 from my neighbour - we vented it though an existing bathroom exhaust vent, and a quick electoral upgrade so it could have it's own plug and for under $500 we have cold air blowing - is it a perfect solution - of course not - but its cool and dry in the office and I still have $9,500 in my bank account.

AT PLAY:

I have a small cottage/cabin that we love to get away to - we bought it 4 years ago and it's been amazing. I watch other cottagers buzzing around on their boats and I'm super jealous of the fun they are having out on the water. As first time cottage owners we have a lot of our money tied up in the mortgage payments and maintenance/upgrades of the property each year - so spending $20,000-$40,000 on a boat that we would only get to use 10-15 days a year seemed the an unnecessary expense at this stage in our life. However, the cabin can with a crappy old 12' aluminum boat (no motor) - this year I decided that I was getting on the water - somehow, someway. Just this week I purchased an outboard motor, brand new, for under $2,000 that will fit my little boat, while I may not pulling a wakeboarder around anytime soon (my kids are way too young for that anyways) we will be able to go on little day-trip adventures around the bay. I haven't gotten it in the water yet - but a guarantee my smile will be just as big as those boaters I've been watching from shore.

When we look for solutions it's easy to find the most expensive or most elaborate solution to the problem - but what's really fun is find the solution that take 10% of the cost or effort  and produces 90% of the result/fun/joy.

Creating Community Videos | Podcast - EP020

Creating Community Videos | Podcast - EP020

Thrive Not Survive Episode 018: Crush Your Next Listing Appointment

Thrive Not Survive Episode 018: Crush Your Next Listing Appointment