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When your business is profitable… but you still broke? - Sponsored by Flow Digital and Pipedrive!
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I'll tell you another secret where
business owners don't realize it and I'm
very very strong in that way. They don't
realize many times the reason why
they're tight on cash flow is for the
amount of money they personally take out
of the company. Once it's out the door,
it's out the door, right? So you can say
I'm being tight, everything is tight.
Yeah, but you took out a half a million
dollars out of the company during the
year.
Where did I take it out? I don't
remember taking it out. No, okay, let me
give you the report. Let's Oh, this and
this and this. Oh, the hassan, I forgot
about the hassan, I forgot about Oh,
wait, there's taxes and then there's
this and there's that, right? You don't
realize how much you're taking out of
the company. That also affects cash
flow, right?