“It is unwise to pay too much, but it is worse 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 the thing it was bought to do … If you [...]
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Why We Don't Make 'Speculative Bids' On 'Imaginary Projects'
First of all just what do we mean by a ‘Speculative Bid’ and ‘Imaginary Projects’ . We think of ‘Speculative Bid’ as a case where a potential client is asking us to provide them with and estimate or bid price for a project they haven’t fully envisioned or planned yet, in other words an ‘Imaginary [...]
