Cash Flow Positive, Buying Power, Operating Expenses
Hey Everyone, Carl Gould here with your #70secondCEO, just a little over a one-minute investment every day for a lifetime of results. Today’s topic is - Cash Flow.
All right so, give yourself a ranking here:
To what degree are your cash flow positive on a monthly basis?
Do you have at least six months of operating expenses in reserve to whether a storm?
Do you have enough buying power in order to take advantage of an opportunity should it present itself?
One is low like, ‘Oh my God, help!’10 is high, were really good there. Anything 7.9 and below and we got to talk, OK? You want to have, you want to be able to manage credit, that’s your buying power. You know at this level of your business you know, just buying on cash and always being in cash isn’t always the way to go. You want to manage your credit and manage it so you are building assets. And are you setting it up, setting aside enough in your business, in your cash flow operations so that you are building a bit of a nest egg? Ok, so you can weather that storm and you must be managing your expenses so that you are cash flow positive each month. So, are you cash flow positive? Have 6 months reserve? Enough buying power?
Like and follow this podcast below. Send me a comment, which of the 3 do you need to work on? I want to hear from you. I am Carl Gould and this has been your #70secondCEO.
Carl-Gould-#70secondCEO-The Real World-Part 3
Carl-Gould-#70secondCEO-The Real World-Part2
Carl-Gould-#70secondCEO-The Real World-Part1
Carl-Gould-#70secondCEO-Career Change-Part 3
Carl-Gould-70secondCEO-Career Change-Part2
Carl-Gould-70secondCEO-Career Change-Part1
Carl-Gould-#70secondCEO-How to Get Leverage and Use It-Part 3
Carl-Gould-#70secondCEO-How to Get Leverage and Use It-Part 2
Carl-Gould-#70secondCEO-How to Get Leverage and Use It-Part 1
Carl-Gould-#70secondCEO-You Know What Youre Selling But Do You Know What The Owner is Buying Part 2
Carl-Gould-#70secondCEO-You Know What Youre Selling But Do You Know What The Owner is Buying Part 1
Carl Gould-#70secondCEO-Post Relevant Content For Your Clientele That is TIMELESS
Carl-Gould-#70secondCEO-How Do We Judge Value
Carl-Gould-#70secondCEO-What Will Your Customer PAY for
Carl Gould-#70secondCEO-Whats Important to your CUSTOMER
Carl-Gould-#70secondCEO-The Problem-Solving Engine Part 2
Carl Gould-#70secondCEO-The Problem Solving Engine Part 1
Carl-Gould-#70secondCEO-Focus and Reframe for Success
Carl-Gould-#70secondCEO-Getting Others to Perform - Empower Them
Carl-Gould-#70secondCEO-Making Your Voice STAND out
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Organic Marketing Simplified: Effective podcasting strategy for growth and monetization
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Tim Ferriss Show