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Tropical MBA: Entrepreneurship & Founder Lifestyle cover image

#760 - The 7 Most Common Money Mistakes for Bootstrappers

Tropical MBA: Entrepreneurship & Founder Lifestyle

NOTE

Finding Success in Tapping into Ancient Rivers of Money

Businesses should evaluate how they position themselves around existing cash flows, akin to examining the cash flow distribution in a household. Successful businesses tap into established cash flows like ancient rivers, rather than trying to dig their own well. It is beneficial to understand how the cash flows work in the industry and identify any recent changes in cash flow patterns.

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