Cost Quote by John Spence
“Don't think of cost. Think of value.”
About This Quote
Source Speech: Business conference, 2018, USA
Focus on value creation rather than cost alone for better decisions.
In simple terms: Think value, not cost.
Prioritize value over price.
Themes
Mood
Type
When to use this quote
- budgeting
- product development
- investment analysis
Key Concepts
Questions to Reflect On
- How do you measure value?
- When is cost more critical than value?
Overemphasis on value can ignore budget constraints.