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Podcast: Above The Business
Episode: Episode 164: Fireside Chat - Common Cashflow Pitfalls with Peter Widmeyer
Description: In this episode, Club Capital's account manager Peter Widmeyer discusses common cashflow pitfalls and how to avoid them. His five key points included:- The differences between profit and cashflow. (Cashflow is determined by how much money is going in and how much is going out.)- Learn how to be profitable every single month, or how to strategically be in the red for a few months per year.- Learn the difference between growth or scale, and understand your burn rate when you are expanding.<...