Total Pageviews

February 13, 2011

Business Sense – George Washington and the Shoe lace boy

The first president of USA George Washington was a very kind man. Near his office he used to see a very young boy selling shoe laces at 25 cents. Taking pity on the young man he started giving the boy 25 cents but never picked up  the shoe laces.

This went on for a very long time. One day after depositing the customary 25 cents the president started walking away. A voice stopped him in his tracks. It was the young boy. They boy said “Mr. President, I hate to tell you but the cost of the shoe laces have gone up by 25 cents. From today onwards the shoe laces will cost you 50 cents”. George Washington was too stunned to say anything.

Moral of the story: You pay the value for an exchange. It is up to you to pick up the product or utilize the service. Just because you are not utilizing the product or the service does not mean that you can pay a part of the price. Whether you use it or not full price has to be paid.

No comments:

Post a Comment