cash flow

A Quote by Guy Kawasaki on cash flow, cash, and profit

Focus on cash flow. I understand the difference between cash flow and profitability, and I'm not recommending that you strive for a lack of profitability. But cash is what keeps the doors open and pays the bills. Paper profits on an accrual accounting basis is of no more than secondary or tertiary importance for a startup. As my mother used to say, "Sales fixes everything."

Guy Kawasaki

Source: Five most important lessons I've learned as an entrepreneur: http://www.sun.com/solutions/smb/guest.jsp?blog=five_lessons

Contributed by: ~C4Chaos

A Quote by Mitch on industry, participatory, sports, and cash flow

The industry of participatory sports is based on renewing flows of cash changing hands every year, every month, and sometimes even every day.

Mitch Thrower

Source: "The Attention Deficit Workplace" by Mitch Thrower

Contributed by: Mitch

Syndicate content