The science behind why we lose our socks…

There are many great mysteries of the world that have yet to be solved and arguably at the top of this list is: Where do all those odd socks go?

I’d go so far as to say there isn’t a person in the country that hasn’t suffered the crushing loss of a single sock.

What was once a beautiful pair is no longer, permanently resigned to the drawer with the futile hope that you might reunite it with its significant other once more.

Well, as it happens, there is science to all of this – and even a formula that can help you calculate how likely you are to lose your socks!

A team of scientists were commissioned by Samsung to find out the best way of predicting ‘sock loss’, and their answer was…

Probability = (L(p x f) + C(t x s)) – (P x A)

You can follow this link if you’re interested in finding out what it all means:

Now while you can do the equation yourself, the really surprising thing they found was that during our lifetime we will lose over 1,200 socks.

So with the average Brit living to 81, “these cleaning catastrophes lead to the equivalent of 1,264 lost socks over a lifetime, costing the average person £2,528”!

That comes at a cost of over £2 billion every year. Now that’s a lot of money.

This really got me thinking… even when it comes to running a business, the small things can add up big time. A sock here and a sock there might not seem like much, but before you know it your business expenses aren’t looking so healthy.

It’s no secret that businesses often fall into the trap of spending money on things that aren’t that important – it’s just one of the many mistakes us entrepreneurs can make!

However, the fact that some expenses are unnecessary doesn’t mean that you need to be a cheapskate whenever you encounter a potential cost. In fact, some expenses are absolutely necessary, and as an entrepreneur, it’s essential you know the difference.

After all, your business should MAKE you money, not COST you money.

So now you know the maths you can see how at risk you really are from what is at best a minor (but expensive) inconvenience, and at worst the disastrous loss of a Sunday sports lucky charm.

Speak soon,

B

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