Thursday, December 11, 2008

Quote #17, My Thoughts and YOUR thoughts

I love Quotes. I love them because they make me think.What does the quoter mean? Why did he/she write this? Is there a message to get through to the reader/the world? What did YOU initially think when you read it?

Here goes blog quote #17....

"Never let the perfume of the premium outweigh the stench of the account."

-Chris George,Insurance Guru-

What a truly relevant quote that insurance people as well as many other businesses can relate to. Mr George is basically saying that sometimes its better to just walk away from some accounts. The short term money you make will look temptingly attractive. In the long run, a bad account is a bad account and you will end up wishing you didn't touch the "opportunity" with a 10 foot pole.

Perhaps the old adage may apply here. If a deal looks too good to be true, it may just be... FALSE. There are some deals you just can't possibly be priced high enough to account for the monumental risk.

Thats my view.....WHAT SAY YOU?

No comments: