Ziad K. Abdelnour: Problem, Check, Expense
on Thursday, March 29, 2018Ziad K. Abdelnour Money Quote saying if you have an issue that can be resolved by spending an expected reasonable amount, then it cannot be called a problem. Ziad K. Abdelnour said:
If a problem can be solved by writing a check, it’s not a problem, it’s an expense
— Ziad K. Abdelnour
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In this quote, Ziad K. Abdelnour is drawing a distinction between true problems and mere expenses. The key points are:
- If an issue can be completely resolved simply by paying money, then it was not really a problem to begin with, but rather an expected cost of doing business.
- Problems are difficulties that require deeper solutions through effort, strategy, innovation or changes in approach – they cannot be fixed solely by writing a check.
- Expenses on the other hand represent predictable costs that can be readily offset through standard financial means without long-term challenge.
- The quote implies that only by correctly distinguishing problems from expenses can one focus energy on more substantive difficulties rather than treating all issues as solely fiscal matters.
Overall, Abdelnour promotes recognizing the difference between temporary expenses that money can easily cover, versus complex problems that demand non-monetary solutions through adaptation, planning and resourcefulness beyond monetary means alone.