Buying Big Stuff - Morning Star Self-Management Institute

May 9, 2010
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Self Management Institute

The Problem:

In a recent meeting with a group of colleagues from one of the
Self-Managed firms we work with, one of the participants expressed some
frustration with a project they were working on.  It involved a sizable
investment—not an extraordinary amount of money, but enough to pay a person’s
salary for the year.  On the surface, the idea this colleague had was a
good one; it was going to reduce costs significantly (and add a measure of
safety to the facility to boot), but it seemed that the amount was in this
no-man’s land.