The Cost of Wasted Time and Employee Optimization
0:56
8:05
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At 0:56 in
Wasting Time Excavating, On Employees, Landscaping, Routing & Running a business
What happens here
The speaker cuts in to highlight the theme of 'wasted time' in business operations. He discusses the financial impact of even small amounts of lost time (e.g., 20 minutes per day for a four-person crew can cost over $8,320 in lost wages and $27,030 in lost potential revenue annually). This segment emphasizes the importance of optimizing employee time and eliminating downtime. Visuals include workers covering green waste with a blue tarp on a trailer and loading a riding lawnmower onto a different trailer.
Goal: Understand the significant financial impact of wasted time in business operations.
Tools and materials
- Blue tarp — Covering green waste on a trailer
- Riding lawnmower — Being loaded onto a trailer
- Trailer — Transporting green waste and a riding lawnmower
- Green waste N/A — Being loaded and tarped on a trailer