Richard Arfsten

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Return On Investment (ROI)

A man called me and told me I painted his barn 25 or 30 years ago. It still looked good but he wanted me to paint it again because he was going to hire a carpenter to make repairs and give it to his son. The point of this story is that the premium job he purchased 25-30 years ago was a great return on his investment.

Even though a premium job costs more than an average job on the front end, in reality it is the least costly on the back end. When you divide the initial investment by the years of service you realize that on a per-year basis, the premium job actually costs less. The cheaper, "quickie" job, done by the migrant painters that only lasts 3 or 4 years, winds up being the most costly because you have to repaint so often.

Farm Painting by Richard Arfsten Return on Investment ROI