This is an interesting article I found on LinkedIn.
It was written by Stephen M. Meade and if you would like to see it in it's native form you can go here.
Have you ever had a project where you tried to get the best deal?
Did you look at the cost of the professional and think, “wow that’s expensive”?
You then search around and find a neighbor, cousin, or intern to do the job for you.
In the end, you select the amateur, and then regret it over and over again.
My friend Ken Rutkowski, host for the radio show Business RockStars, has a saying; A Professional is Expensive, but an Amateur Costs a Fortune.
I’ve had this proven over and over again to be true.
We looked at a web site project recently for Upper Street Marketing. There was a similar situation with a decision between different vendors to do the work.
There were several quotes and offers that were substantially less than the professional. However, when we looked at the body of work being presented, we bit the bullet and went for the higher price.
In return, we not only received a great web site, but the additional input, insights, and efforts made the entire process worthwhile.
The same can be said for software development projects, mobile apps, marketing proposals and almost anything that you need done.
There is often a very discernable difference between the cost of the amateur and the professional.
However, there is also a measurable difference in not only the quality of the output, but more importantly in the time needed to manage the project.
If you think about the time value of money, and then correlate that against the amount of time you need to either input, fix, change, or redo the efforts of the amateur, you would have saved money by just going with the professional from the beginning.
All too often, as entrepreneurs, we only look at the bottom line of what something costs.
As a leader though, it’s also important to consider the impact on you or your organizations time in managing what you are trying to accomplish.
If you are constantly pulled in to fix something, or worst yet, end up with an output at the end that is unusable and has to be completely redone, well then you’ve just doubled or tripled your costs.
So when you’re evaluating a project of any sort, just remember; A Professional is Expensive, but an Amateur Costs a Fortune.