ITT 094: How to Minimize Risks When Scaling Your Business with Dave Bayless

Dave Bayless is a business midwife who works with technology startups and small consumer product firms. He helps them determine the best financing options for their businesses, as well as, helps them build scalable operations.

Dave walks business owners through what it looks like to go from six to seven figures, the concept of a cash flow cycle, and what happens when they start scaling their businesses.

In this broadcast, Dave Bayless and I talk about:

• What is the valley effect and how does it relate to cash flow?
• How profitable growth can kill a business
• What to remember when you’re planning to scale your business
• The value of understanding financial and accounting concepts
• The #1 financial mistake entrepreneurs make

How to connect with Dave Bayless Online:

• HumanScaleBusiness.org
• Human Scale Business Podcast
• @wdbayless
• Dave Bayless on LinkedIn

Resources Mentioned:

• Reaching Break Even Cash Flow Course
• Understanding the Cash Cycle Course

Click toTweet:

The cash cycle really impacts how quickly revenue and profit turn into cash. – @wdbayless

If you enjoyed today s podcast, please leave a review on iTunes here. Thanks so much in advance for your support.

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