… Return on Investment - The night out measurement…
… Return on Investment = (The Gain from something - The Cost) / The Cost …
As you may of just seen, I’ve decided to bring this Blog back… And first up is something I thought about one morning after a night out and one of my house asked me ‘How was your night?’… I wasn’t really up for going out so the next morning I was trying to think… ‘Was it worth it?’
(I know what your thinking… this isn’t like the old posts)
But… think about it, two of the main judgments in business are the Gain and the Cost, and this can be compared to nights out. I want you to think about this as I carry on…The cost is quite a simple thing to work out… Firstly, how much you spent on the night, if your a girl then however much also you spend on a dress or something. So you can think in the morning … ok… so for example … last night cost you £60.
However, then you get onto the aspect of was it worth it? This bit is a lot harder to judge, as everybody will want different things from a night out. Whether you admit it or not, you will know if you got what you wanted from the night, maybe it would of been taking somebody home, catching up with mates, getting paralytic or even taking your top off when the Baywatch theme tune came on who knows.
I can’t answer this question for you as I don’t know your Costs or Gains for a night out, but, I want you to think about your last night out and to see if it was worth it?!
… before you get worried, not all my posts are going to be this long, this was just one I’ve taken off the top of my head…
…Some Night out facts for you…:
- The average amount of money a decent night club makes is £2,000,000 a year (Excluding door money)
- At Uni, if you had 2 x 12 week semesters (like Brookes), and went out 3 times a week over your 3 years and spent on average at least £30 (pre-lash, door, drinks, taxi, kebab kid) a night, then you spent at least £6,480 on nights out over your Uni career.
- The word Disco comes from the Latin word ‘Discomosophicas’ which where places where mental people where sent to ‘dance’ around.
Night.