E009: Mehtab Karta, META Cheat Codes, Financing, Panzerism, Covid, 13-week Cash Flow Model & More.
OPERATORS
00:00
How Much Does It Matter?
Michael: Testing all your vendors just to see where the breakpoint really is for when they cut you off, right? Like Facebook's true cutoff is actually, I think, 22 days or 20 days. We just do 15 or 18 days because that gives you a bit of buffer in case there's an issue of the wire. In a lot of cases, you can create quite a bit of working capital if you haven't already done that. Do things like revolving credit cards, I think for smaller companies is really, really big. A lot of those credit cards will be personally guaranteed now.
Transcript
Play full episode
