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It means every minute is very important.

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This proverb is a counsel of prudence. Timely action very often prevents a great loss. Steps taken early means less labour, better success, less chance of loss or damage. Suppose their is a slight rent, in your garment or crack in the enbankment. If you put in a few timely stitches and repairs, further mischief may well be prevented. Similarly, if you do not attend to your books at the proper time, when the examination comes, you are at sea, you will be unable to cope with the situation. A small banyan shoot is noticed appearing in the crevices of a building; uproot it immediately; it will save the house; delay may mean great loss, perhaps ultimate destruction.
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