January 5, 2010
I’ve been an entrepreneur for 7+ years now – self-funded the first 2 years and bootstrapped the last 5. Yes I subscribe to the true definition of bootstrapping as being customer-funded versus self-funded. To some people, that is quite an accomplishment. However, I feel like the last 7 years have just been an education and [...]
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December 8, 2009
Eliminating waste is the fundamental principle of lean thinking.
As defined by Womak/Jones in their book “Lean Thinking” (a must-read):
Waste is any human activity which absorbs resources but creates no value.
Of all resources, there is no resource more valuable than time. Time is more valuable than money. While money can fluctuate up or down, [...]
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