Time is the most valuable resource any of us has. With a finite amount to use, how we choose to spend our time is the most important decision we make every day. Couple that with the fact that most modern humans deal with time famine – a universal feeling of having too much to do but not enough time to do it – and it’s clear that we’re poised to have what precious time we have slip between our fingers like sand if we don’t understand the value of it.
Most of you got into the distillery business because of your love for the spirits you produce. Distilling is as much art as it is a science; running a distillery is the business side of what is, at its core, a creative endeavor. Every artist wants their creation to be appreciated, but it’s impossible to get the word out when your operations hold you back from success.
FIVE x 5 Solutions understands the desire to get the business part out of the way so you can get back doing what you love – using your time wisely. It’s why our software exists: spending hours on spreadsheets that are only right some of the time just isn’t a good use of time. DISTILL x 5 and Whiskey Systems were created to provide peace of mind that taxes and records are complete and compliant, to provide operations and inventory insights to streamline business operations, and give you back your time.
A study published in the Proceedings of National Academy of Sciences illustrates that because of the stress of the modern day on our time, money spent on services that give us back our time provides us with the highest levels of happiness and life satisfaction. Just like any other aspect of your business, shouldn’t you be looking at your time as an investment and measuring your return on it?
It can be difficult to remember just how much of an impact your time can have on your business when you’re caught up in your to do list, but it’s a worthwhile endeavor. Start by making a list of all the things you can do to impact your business. Then estimate how much time each of these things takes and what the return is to you and your business on your time investment.
Does spending hours a month struggling through your tax reporting provide the same return as meeting with distributors? What’s the return on spending hours sifting through incomplete operational and inventory data, versus pulling that complete data up with the click of a mouse? What if you could spend time scaling your business instead of spending time preparing your business to scale?
Time is indeed our most precious resource. Make sure you aren’t wasting it on the stuff that doesn’t contribute to your happiness or your distillery’s success.