15/01/2024
Worth a read to understand the whole picture behind a finished product, same for services, not to mention Trade certificates and University qualifications.
That old saying: you get what you pay for.
A customer asked me how much it cost to do this job....
I answered him: $ 1500
He said: So expensive for this job?
I asked: How much do you think it would cost you?
He answers me: $ 800 maximum... That's a pretty simple job right? !"
- For $ 800 I invite you to do it yourself.
- But.... I don't know how to.
- For $800 I'll teach you how to. So besides saving you $700, you'll get the knowledge for the next time you want
- It seemed right to him and he agreed.
- But to get started: you need tools: A welder, grinder, chop saw, drill press, welding hood, gloves etc...
- But I don't have all these equipment and I can't buy all of these for one job.
- Well then for another $300 more I'll rent my stuff to you so you can do it.
- Okay, he says.
- Okay! Tuesday I'm waiting for you to start doing this work
- But I can't on Tuesday I only have time today.
- I'm sorry, but I'm only available Tuesday to teach you and lend you my stuff. Other days are busy with other customers.
- Okay! That means I'm going to have to sacrifice my Tuesday, give up my tasks.
- I forgot. To do your job yourself, you also have to pay for the nonproductive factors.
- That is? What is this?"
- Bureaucratic, tax, vat, security, insurance, fuel etc.
- Oh no!... But to accomplish these tasks, I'm going to spend more money and waste a lot of time!
- Do you have them? You can do it to me before?"
- Okay!
- I'll make you all the material you need. Truck loading is done Monday evening or Tuesday morning you'll have to come by 6 loading the truck. Don't forget to be on time to avoid traffic jams and be on time
- At 6??? Nope! Too early for me! I used to getting up later...
- You know, I've been thinking. Y ' all better get the job done. I'd rather pay you the $1500. If I had to, it wouldn't be perfect and it would cost me a lot more.
When you pay for a job, especially handcrafted, you pay not only for the material used, but also:
- Knowledge
- Experience
- Study
- Tools
- Services
- Time to go
- punctuality
- Accountability
- Professionalism
- Accuracy
- Guaranteed
- Patents
- Sacrifices
- Safety and security
- Payment of tax obligations
No one can denigrate other people's work by judging prices.
Only by knowing all the elements necessary for the production of a certain work can you estimate the actual cost.
I did not write this dialogue, but am sharing it to support craftsmen and entrepreneurs.
