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(DAY 10) Hidden cost of Inefficiencies

· One min read
Gaurav Parashar

There's no such thing as a free lunch

One of the major learnings from There's no such thing as a free lunch for me has been that everything costs in either time, resources, opportunity. The person/entity that ends up paying for it may or may not be the inefficient person/entity.

Inefficient people cost double

In my experience, working with people who know what they are doing is 5x better than people who are not. The reasons are:

  1. Inefficient people suck time and energy
  2. After a few tries, both the efficient and inefficient entities are frustrated from the interaction
  3. Inefficient people make their work your work

Looking back

I have enjoyed working with people who are organized, manage their work & calendar effectively. Typically anyone who maintains a workbook and has the patience to understand the problem/process on an atomic level becomes efficient. Typical examples of inefficiencies which have costed me are:

  1. The member does not maintain compliance and you end up paying for it.
  2. The member does not understand the process/task but claims to. It leads to misplaced faith in execution.