Cars Depreciate While Planes Hold Their Value

If you’ve never been in or around the private aircraft community, the headline may not make sense.  But the same can be said for the mariner community: Relative to Cars, Boats Hold Their Value.

Hopefully one of these examples clicks for you.  Presuming it does, ask yourself: Why?

I suggest that it has to do with how seriously we take them (and invite your thoughts/comments!)

People who go to sea recognize they must maintain the vessel or they may not come back alive.  Same with pilots and their planes.  Parts are categorically more expensive than automobile parts and the owners recognize the value.  An unknown whirring sound or clinking noise coming from a sea- or air-going vessel is investigated immediately, and often shows up in routine inspections.

However the same sound coming from the typical four-wheeler is much more likely to be “tolerated” and/or postponed, because the owner knows s/he can just “park it” on the side of the road and walk away.

Now think of your rolodex as this vehicular asset…

Is it more like a plane or a car?  Do you keep in touch with people you’ve met?  Do you know whether they’ve changed job titles at the same company, or even more importantly, changed companies altogether?

Because of the level of importance I attribute to networking in business, I’m doing a (complimentary) educational teleseminar to help friends and colleagues increase their effectiveness with nurturing your network.

If this calls to you (or you think of someone who can benefit) here is the URL:
http://relationshipcapital.co/dlp/nurturing-your-network-teleseminar

Though I forget the exact language, there is an old saying about boats in dry dock deteriorating faster than in the water, because… “boats belong in the water”.  By the same token, your relationships are best when maintained — not getting stale!