I've Had to Learn the Basics of a Cash Low Report

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

You've got to know where every dollar is going. And this is basic shit, right? You can start to figure out why things are going you'll haveo start to develop this amazing, like, threedy, comp ensive vision of what's going on in your company. Build out excel sheet. Learn how to use excels an amazing tool. Ah, and again, i confess, i've had to learn this and mi, but the longer i'm around you people who are wealthy and stay wealthy, they don't look at it, oh, it's only 200 dollars,. They put a name on everything that they spend, right? This a pisses them off.

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.