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Podcast: My Worst Investment Ever Podcast
Episode: Jordan West – You Must Pay Attention to Cash Flow When Buying a Business
Description: When Jordan West was 23, he decided to buy a Taco Del Mar restaurant. He knew he had made a huge mistake at 2 pm the first day when only three customers had walked in (and two of them were his parents). For five years, he worked hard to grow sales every way he could think of and, in the end, tripled his revenue, which still didn’t seem to matter on the profit side. (He lost a lot of money).The one thing that he seemed to be the best at in his restaurant endeavor was marketing and ge...