Meaning of the word "punctuality is the soul of business" in English

What does "punctuality is the soul of business" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

punctuality is the soul of business

US /ˌpʌŋktʃuˈæləti ɪz ðə soʊl ʌv ˈbɪznəs/
UK /ˌpʌŋktʃuˈæləti ɪz ðə səʊl ɒv ˈbɪznəs/
"punctuality is the soul of business" picture

Idiom

a proverb emphasizing that being on time is essential for professional success and efficiency

Example:
He always arrives early because he believes that punctuality is the soul of business.
The manager reminded the team that punctuality is the soul of business during the meeting.