Waste Is Never A Good Thing When It Comes To Business

When it comes to waste, all of it's bad, but there are a couple of wastes that spread out over everything and are just a little bit worse

. These wastes cost a lot more than time and a lot more than money, but those things are what it always comes back to. You never want to waste money and you never want to waste time, because in the big scheme of things, time is money and you don't ever get to make up for them.

Once they are gone, they are gone and nobody is making up more time that you wasted. When you lose it, you lose it for good. So it is very important do everything that you can do not to lose this most valuable of resources because when you lose time, you are losing your most valuable resource. Nobody ever gets to the end of their life and wishes that they had a few extra dollars, they always wish for a few extra days or years.

So you can see that the most valuable asset in life is the same most valuable asset in business. So you have to be careful not to waste it. So if you are building something or making something or assembling something, you want to be sure that you do it right the first time. Because every time you make a mistake you are not only wasting the material and labor that goes into the product, but you are wasting the time that was put into the entire process.

Not only are you wasting the individual's time that worked on the process up and down the line, but you happen to be waiting the company's time and if the product made it out the door, which is worse case scenario, then you happen to be also wasting the customers time. Imagine getting what you think is the final product, ready to be used for whatever application it is designed to be used in. only to find out that something is wrong with it and you have to start over.

How disappointing would that be? You spent all of this time looking for the product, ordering the product, waiting for the product to arrive and it is wrong. How are you going to trust that the next thing that you order isn't going to be wrong again? The trust lost in a transaction like this is almost as valuable as the time lost.

by: Craig Calvin

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