Friday, September 18, 2015

Appreciating or Depreciating

“They could be used again, we’ll find a use for them or at least somebody will want them sometime, put them in the storage yard.” The owner of the new bait shop and convenience store had a sizeable parcel of land with plenty of room to keep the solid oak doors that were removed from the building when walls were taken down to open up the space. That was probably a practical and conservative decision at the time but over the next several years and decades the open space also received used boats, lawn mowers, cars, trucks and various other pieces of equipment that never seemed to find a new home. Neglected and subjected to the elements the one time assets deteriorated and eventually became a liability that had to be removed at considerable expense when the owner died and heirs prepared to sell the real estate.

Most of us do not have a storage yard for accumulating old cars and mowers. However we may well have other assets, tangible and intangible, that are neglected and allowed to depreciate overtime. With use and care depreciation can be slowed and in some cases, particularly intangibles, they may appreciate in value.

While it is unfortunate to let solid oak antique doors or classic cars weather and rot, the bigger loss is when personal strengths and skills go unused and atrophy. Even more disconcerting is when personal dreams and visions for a better career or life are allowed to dissolve in the elements of daily responsibilities and contrary expectations of other people. A simple act of conscious gratitude for our skills, strengths, relationships, hopes, dreams, and visions will help them grow and develop. Appreciation helps them appreciate! We encourage everyone to take time to regularly and consistently identify and appreciate those intangible assets that are important, then watch them grow and thrive.