"Riches certainly make themselves wings, they fly away like an eagle toward heaven" Proverbs 23:5

Lifetime Value, Roll That Around In Your Hopper For A Spell. We Will Attempt To Shine A Little Light On That Rarely Thought Of Phrase. Do We Really Understand What It Entails?

We’re still clueless about lifetime value. What does it really mean, are we talking about forever and forever, about our personal time here on this earth, or something a lot more nebulous? First let's look at values.

If an Apple upgrade breaks your phone and you switch to Android, it costs Apple more than $10,000. You don't believe it, call Apple and ask them!

If you switch supermarkets because a clerk was snide with you, it removes $50,000 from the store’s ongoing revenue. I guarantee you that is correct, I owned Supermarkets for many years that figure is correct. Did you know it cost 10x as much to get a new customer as it does to satisfy a disgruntled one?

If Your kid has a lousy first grade teacher or is bullied throughout middle school, it might decrease his productivity for the rest of us by a million dollars. The list goes on and on! The true Lifetime Value of somethings can be staggering!

Torrents are made of drips. The Grande Canyon Started out as a small stream many, many centuries ago, and take a look at it now! What about Niagara Falls? Another phenomenal site to behold! It certainly did not start out as it is today!

The short-term impact (plus or minus) of our work or our errors is dwarfed by the long-term effects. Compounded over time, little things become big things.

Think About This Stuff, But Don't Be Disappointed If You Can't Figure It All Out. 

Note: This articale was sent to me and after reading it helpped me  to be aware of liftime value to help understand what it entails. I thought I would pass it on!