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A great entrepreneur's big idea, that revolutionized an industry....
Hi Boyd,
> The keys to efficiency (in order of > importance)~ > * Being sane (in other words, not addicted > to drugs [or sex, or TV], not fighting > personal demons, not fighting depression) I agree, this is certainly true.... > * Working toward the optimum goal > * Expertise, so you can do the job without > studying first > * A flow chart, made in advance (thanks to > Michael Ross for getting me interested in > flow charts) I agree.... Michael Ross really knows his stuff! He's truly one of the best entrepreneurial and business experts online (along with Gordon and a few others of course).... :) He makes great, and very practical, suggestions.... > That's pretty much it (am I a genius or > what). I don't think there's any question.... :) I was talking about this with my brother Thomas.... One thing that came up in our discussion, was the point that Henry Ford's BIG idea (or the idea of his advisors, I'm not sure which) was the assembly line. When you think about it, this is nothing but an innovation in EFFICIENCY.... Ford leaped to the front of the automobile business because he was more efficient than everyone else. ("You can have any color car you want, as long as it's black!" So it clearly wan't customer service....) When you are more efficient, it means that in general, you have lower costs per item you produce (or per amount of time you spend). This means higher profits for you, and/or it could mean you can offer lower prices which could help you sell more products.... Henry Ford's leap in efficiency brought the automobile to the masses.... And personal efficiency is important too.... Thanks Boyd for your thoughts.... :) - Dien |
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