Cloudminer: Observation 35. Optimizing Business Systems by mining money from the future. 2018
Observation:
The key observation in this story is the innovative approach to business efficiency through optimizing the movement of jobs from the future to the present, thereby securing income that could otherwise be lost to future cancellations. This method, demonstrated by the "Cloudminer" software, effectively increases income velocity by forecasting and preemptively managing potential losses, essentially "mining money from the future."
The Lesson:
Efficiently managing and predicting business activities can significantly enhance profitability and reduce potential losses.
How this is Helpful:
Efficiency: Understanding and implementing time and resource management.
Innovation: Embracing new ideas and technologies to improve business.
Forecasting: Learning the importance of predicting and preparing for future events.
Questions for Reflection:
Future Predictions: How can I better anticipate and prepare for future possibilities in my life or work?
Innovative Solutions: What new methods can I employ to solve existing problems?
Resource Optimization: How might I use my current resources more effectively to achieve greater outcomes?
Mining the money evaporating in the future to create pollinator habitat and plant trees today!
Cloudminer increases the income-velocity ($ per hour) by reducing the rate of cancellations.
