Carl-Gould-#70secondCEO Early Stages of your Business
Manage episode 459153010 series 2943616
Business in The Early Stage
Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results.
In the early stages you’re focusing a lot on marketing, developing your product, you're taking–you're reinvesting in your business. You should not have mountains of cash flow in the early stages, now take that same symptom of cash flow and let’s say that was a challenge and let’s take that same symptom in the later stages, 5, 6, 7 and you had cash flow challenges, that’s very dysfunctional at that point your cash flow should be consistent, profitable, it should be predictable, you should be able to measure it, project it with reasonable accuracy and then follow up and tweak just a little bit here and there in order to match and again align with your planning, if you have operations problems in the very early stages of your business, very functional problem, we don’t want systems too early.
Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.
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