You Get What You Pay For
You Get What You
Pay For
- Josh Huck, Owner, Estimatica Cost Estimating, Inc.
It's an old adage that can apply to many things. But the
bottom line is that your return typically equals your investment.
I recently relearned this again when I used a low bid
carpenter to do some home renovations. He was almost half the price and it
showed why quickly, so quickly in fact that I had to end up finishing the job myself
properly. I had to spend Sunday fixing drywall and taping/floating walls
instead of what I wanted to do, getting day drunk in an inflatable kiddie pool
like a proper American.
Bottom line is this- we get calls all the time for our
services and when we give out our hourly pricing structure we sometimes hear
"oh wow that's a lot, I can get it done over at X for more than half that
price". Okay, go do that. And call me when you need it fixed, because it
happens quite a bit, especially with the unfathomably cheaper overseas firms
that now seem to be popping up.
If you want to pay $15 an hour for an estimator or a
carpenter or a design professional, you're going to get all fifteen dollars'
worth of your investment. If you want the benefit of 20/30/40/50 plus years of
experience, it costs a lot more- and in the end you get what you pay for.
Something to keep in mind is all, whether it's to hire child
care, an architect to design your home, a cost estimating firm, a hitman for
your ex (it's never an actual hitman, it's always someone from the FBI- you've
seen the tv shows, stop falling for this), you get what you pay for simple as
that.
There is a reason there are experts in each field, and there
is a reason they cost what they do. While there is always someone that can do a
job cheaper, the right person often costs a bit more, and it will save you
headache and heartache if you pay to get it done right the first time.
I'm now going to go write on a chalkboard a hundred times
"I will practice what I preach, I will practice what I preach".
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