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#24 - Why Bad Businesses Are Ponzi Schemes

Stupid Tax

CHAPTER

Managing Cash Flow and Avoiding Business Risks

This chapter emphasizes the importance of managing cash flow efficiently in a business to minimize risks associated with holding excess funds. It delves into the dynamics of putting money into and taking money out of a business, highlighting the need to redistribute funds based on the business's requirements. The discussion also touches on scaling challenges, tax liabilities, and the dangers of mismanagement that can lead to Ponzi-like situations.

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