The discussion around men’s shoes, re-sole or re-buy, has been had millions of times over the ages.
The premise is that it is less expensive to re-sole a more expensive pair of men’s shoes than it is to re-buy a lesser quality pair.
This has been my experience:
Three cycles of men’s business shoes over say two years – re-sole
More expensive pair cost $300
re-sole cost $50X2= $100
Total cost = $400
Three cycles of lesser quality men’s business shoes over the same period of time – replace at say $150 each pair
$150 x 3 = $450
So you save $50. It’s nice and all adds up, but not exactly a game changer, or is it?
The One Law in Business You Can Count On
There is one additional fact that I’ve never seen discussed. We live in a society where, in business, people judge you by your appearance. If you show up rockin’ a cheap pair of Buster Browns with hard leather and thick white stitching, the people with whom you do business (and make/earn money from) willl be wearing the same. Yes I’ve seen exceptions. Bankers wearing bow ties were “the thing” a few years ago. They were “contrarian” and went out of their way to show they did not conform to the stodgy Wall Street stereo-type. Ironically they were often wearing a custom made $1500 suit at the same time.
But assuming you’re not trying to make the “it’s about me, not how I dress” statement, then nice shoes are a must – especially if they cost no more than the cheap pair.