Cash Is King!
Cash flow is something that all business owners have had troubles with at some point.
I remember a time when I was looking at my bank balance thinking, I’ve got 8 weeks left.
It was a scary time.
You’ve got to invest your way out of trouble. I had a conversation with somebody and they said I know this will improve my business, but we just can’t afford it right now.
We can’t make those payments and I thought, have you looked at that❓
If you truly know that this thing whatever it was and in this case, it was a coaching & mentoring program.
If you know that this program will improve your business and you believe that to be true and you see the value.
Think carefully about not doing that because of a cash flow problem. There’s a likelihood that you can find that cash.
There are other areas that you can draw cash flow from to get you to your end point.
Otherwise, if you’re in a negative cash flow situations, then you are literally staring at the end.
You have to do something differently to escape from that situation.
Otherwise, you’re just hoping by some miraculous situation will bring cash into your business and that just does not happen.
Let me know about your thoughts on cash flow.
Where have you been with it❓
What have your biggest challenges been❓
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