i'm actually a little surprised that point number six is they don't take advantage of credit cards. Because i guess the way i think credit cards are a, at least in america, very abused thing. There's huge benefits to some of the way that the cards are structured. For example, like a lot of my friends, they use a fuckin black card to buy their inventory. But it gives you no real benefit other than what the platinum card gives you. And two % back on a year's worth of buying inventory? Think what that would do to your company. What would you do with an extra 20 fuck and grant? Iump sand yeimean ai've been thinking
One of the common killers of inexperienced entrepreneurs is not knowing how to manage your cash flow. In this episode, Andy Frisella talks through the typical mistakes that he himself has made and the lessons he's learned from doing business for almost two decades. From not paying your invoices before they are due to finding innovative ways to generate cash, The MFCEO's advice will help any entrepreneur and any business avoid a cash flow crisis.