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#24 - Why Bad Businesses Are Ponzi Schemes

Stupid Tax

CHAPTER

Lessons in Business Management and Financial Discipline

The chapter delves into contrasting business owners - one chaotic and disorganized, the other meticulous and efficient. It emphasizes the importance of cash flow management, risk management, and maintaining a healthy work-life balance in business. Strategies like intentionally underfunding projects, managing expenses wisely, and avoiding financial stress are highlighted through real-life examples and personal experiences.

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