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Success Strategies |
Seven Practical Ways To Manage Cash Flow
So Your Business Never Goes Broke

By Marina Rose, QDNA^®

August 14, 2018

“The key to making money is to stay invested.”

               -- Suze Orman, Author, Global Financial Advisor

Probably the biggest killer of any business is that it runs out of money.

Often, it's not even for lack of a good product, but lack of cash flow. It takes years of experience for an entrepreneur to understand how to manage cash flow well.

Be Mindful Of Your Personality

I’ve found there are two types of people in business: Business Amplifiers™ and Business Synthesizers™. Amplifiers love to gamble, take risks, and spend money lavishly. Synthesizers filter information slowly and meticulously with laser focus, executing at a snail's pace — as if walking a tightrope with their strategies frugally, causing them to miss opportunities.

With clients, the first thing I do is decode their business personality; remember, both are valuable but too much of one can destroy your cash flow. Know your outcome with the utmost clarity. Take appropriate, timely action while balancing both personalities. And don’t stop until you achieve it. Enrich your success by cultivating your health, resilience and brilliance.

This article was published on Forbes.com/Leadership Collective

Source: MarinaRoseQDNA.com & Forbes.com

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