Every Dollar You Save is Two You Don’t Have to Earn

By Bruce Firestone | Uncategorized

Apr 26

Former Ottawa Senators head coach Jacques Martin used to say, “Every goal you prevent is like two you don’t have to score.”

The same is true in business I think.

Here’s an example from one of my property manager clients:

Hey Bruce, here’s what I did for Fred (not his real name, ed). 

Fred owns a triplex in Ottawa that has 4 gas meters: 1
meter does the furnace, the others do each of 3 hot water tanks.

currently pays all 4 gas bills on behalf of the building and his tenants. 

Enbridge has a monthly fixed charge of
$20+HST per account so I had a gas technician disconnect 3 of his meters and run all the gas
through just 1 meter; then I cancelled his other 3 accounts. 

It cost $800 to do it, but saves him $815/yr in service fees; now that’s a 100% pa ROI.

Not bad, huh Prof Bruce?

Not bad at all…

Go Fred!


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About the Author

Bruce is an entrepreneur/real estate broker/developer/coach/urban guru/keynote speaker/Sens founder/novelist/columnist/peerless husband/dad.