Common law Quote by Zig Ziglar
““It is unwise to pay too little. When you pay too much, you lose a little money, that is all. When you pay too little, you sometimes lose everything because the thing you bought was incapable of doing what it was bought to do. The common law of business balance prohibits paying a little and getting a lot . .””
About This Quote
Source Book: Secrets of Closing the Sale, 1984
Paying too little for quality can cost more; paying too much wastes resources.
In simple terms: Balance price and value.
Key Takeaway
Seek fair value.
Themes
business
value
pricing
Mood
pragmatic
analytical
Type
financial
advice
When to use this quote
- purchasing decisions
- budget planning
- vendor negotiations
Key Concepts
Cost-benefit analysis
risk management
Questions to Reflect On
- How do you assess product quality?
- When is overpaying justified?
A Different Perspective
Market pressures may distort perceived value.
