We moved to a new house in 2004.
The ground floor is my dad's workshop. Being the self-learned engineer he is, my dad decided to fix the roller door.
He could've easily hired a company to do it. But he wanted to shave the cost.
He bought the equipment for a quarter of the price. He couldn't have been happier.
And he got to work with another man.
It took them more than two days to fix it. And that's not all.
Something was wrong with the installation. One couldn't lift the roller door.
The hinges get stuck, and it takes two to open it!
Ever since then, for 18 years, someone in our household has had to go and do it every morning! My father wasn't there today, so I had to lift the door.
If you need a machine and don't buy it, then you will ultimately find that you have paid for it and don't have it. (Henry Ford via Clayton Christensen)
This is called the trap of marginal thinking. It applies to both business and life.
Instead of getting a paid subscription, we dabble with multiple "free" apps.
Instead of hiring a video editor, we do it on our own.
Instead of hiring an expert roller door company, we try to save some money.
In the end, in some way or the other, we have to pay.
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