Oct. 7, 2018
You really need to know your numbers. You need to know your numbers so you could hit your goals. Where are you? I had a talk with a business owner this morning. Now, this business owner’s very savvy and has done very well. And they invited me to come on as a member of their team, an equity partner really, and when I asked them for their numbers they just didn’t know. You see they were an extremely successful business owner, but yet they didn’t understand what the lifeblood of their business was. What were their cash flows, how was their balance sheet looking, what were their profit and loss statements like, how much actual money do they get gross versus net?
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