Henry Ford taught us that to simplify
manufacture of automobiles, that best way to do so was to install assembly line. That one change revolutionized auto manufacturing industry permitting industry to build cars at a cost whereas average person could afford to buy one. The lesson we should take from this is that having ability to improve process of getting job quicker and cheaper, without compromising quality of job being done, will help catapult person who simplified process to top of his/her field.
Pennies saved in your home business can turn into dollars at end of day, and dollars can quickly multiply into hundreds or thousands of dollars over time.
Doubt me if you will, but let me ask you a question. Do you think a saving of two fifths of a penny could make any real difference in profit margin of a home business? Of course right answer is "it depends on how many transactions are done in a year, utilizing savings of two fifths of one penny."
You only have to think back a couple of decades to really appreciate this question. Do you remember nut that lived and died in a Las Vegas hotel room? You know one who was a billionaire, and was so worried about germs that he died of starvation? If you guessed Howard Hughes (1905-76), pat yourself on back.
Now Howard did not make all of his money on his two fifths of one penny. He did however make a ton of money from his two fifths of one penny. It seems Howard owned a can manufacturing company. And one day, Howard's team figured out how they could make one minor change in design of their food can to reduce amount of tin necessary to make a single can.
As story goes --- if my memory serves me correctly --- reduction in tin usage equaled a saving of two fifths of one penny per can. Howard --- being really smart businessman that he was --- decided that he would not be so greedy as to keep all of savings for himself. What Mr. Hughes did do was to keep half of savings for himself, and give other half to his customers. The incredible thing about Mr. Hughes decision is that by saving his customers an extra one fifths of one cent per can, he managed to take more market share away from his competition --- netting his company an additional and substantial portion of total market share in canning industry.
