The Thoughtful Entrepreneur: 482 - When You Hit the Profit Wall with David Safeer

 

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Payne Points of Interest #93 Deeper Issues that Could Cause Cash Flow Issues?

 

"Traditional accounting does not track cash very well. Your cash might be found on your balance sheet."

 

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The Clear PATH To Cash: Money is for Sale Featuring David Safeer

 

"The number one way people raise capital for their startup companies is called credit card debt... but there are other options!"

 

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Payne Points of Interest #94 Tips on advertising to maximize your cash flow

 

 "From a cash flow perspective, I would suggest that you have underutilized resources with any interested party in your business's success."

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Move Your Chess Pieces to Win the Cash Flow Game

clients david safeer Aug 13, 2021

I was working with a client recently. She is really sharp - she understands everything that I throw at her and always asks great questions.

In her case, she was anticipating a negative bank balance six weeks ahead. She hired me to help her organize expenses around this particular week, and to specifically find expenses that we could move around to avoid a negative balance.

We went from top to bottom on her list of expenses, which ranged from about $100 to $50,000. We tried to move some to a date after the week with the negative balance.

I realized that what we were doing was like moving chess pieces on a chessboard. Moving a large bill was like moving a king or queen; it could change the strategy of the game.

Moving a pawn - a small bill from $100 to $500 - would not make a huge difference, but if you move enough pawns they add up and can even win the cash flow game for you.

Are you interested in learning how to play chess with your cash?

If you are, check out my course Winning...

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Payne Points of Interest #95 In regards to COVID-19

 

"Lenders prefer cash flow models, not just a profit and loss statement."

 

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Solopreneur Success: SSP024 Cash Flow Management with David Safeer

 

"I sat down and said, "I think I can figure out 99 ways to manage cash flow!" and I was wrong. I'm up to 135 ways to manage…so far!"

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