Business Intelligence
The Valuation Trap
And the Purpose Nobody Mentions
I once spent eight hours and a three-thousand-dollar lighting budget trying to make a bowl of cold gazpacho look “invigorating” for a client who, it turned out, only wanted the photo for a tiny black-and-white insert in a technical manual about industrial refrigeration. I was right about the lighting-it was a masterpiece of refracted citrus tones and crisp shadows-but I was fundamentally wrong about the job.
I had provided a high-art solution to a low-res problem because I didn’t ask what the photo was actually for: I just assumed “best” meant “most expensive and technically complex.” I lost the argument when the bill arrived, and I deserved to lose it.
The $3,000 Lighting Mistake
Providing a high-art solution to a low-res problem happens when we confuse price with purpose.
Frank Ostrowski is currently making the same mistake, though he doesn’t know it yet. He is sitting in a room that smells faintly of dental antiseptic and old toner, staring at a three-page engagement letter from his CPA, Linda Pham.
A Gulfstream G650ER, three stainless steel fuel trucks, a 42,000-square-foot clear-span hangar: Frank knows the physical reality of his Fixed Base Operation (FBO) better than he knows the back of his own hand. He knows the exact vibration the tug makes when it’s pulling a heavy load over the expansion joint in Hangar 4. He knows which pilots are “top-off” guys and which ones will complain about the price of
