8-Figure Exit: How to Buy, Transform & Sell in 3.5 Years
Acquiring Minds
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How to Grow a Construction Business to Fix a Cash Crunch Problem
As soon as we started our revenue was lower than expected so the way that we had capitalized and financed the business was built around a certain model within the first three months we were already in a cash crunch. So even though we knew intellectually maintenance is more valuable our real life situation was we've got to fix a revenue problem the easiest way to do that is through construction well that kind of started a fateful path where over a long period of time we sort of aggressively grew the construction revenue in trying to fix a cash crunch problem. In doing so we really made our cash crunch problem worse we just made it larger because we were aggressively growing a bad cash flow business to try and solve a gaff
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