Owning your own business is bloody hard work, but starting a business and taking it through its first two years is REALLY bloody hard! Those who say it isn’t are liars!!!
I was recently asked what my one piece of advice would be to someone starting a business and I was stumped. Not because I don’t have any, but because it’s hard to condense all of the learnings into just one piece of advice. In the end I said ‘cash flow’. To me cash flow is king, without cash you don’t have a business, you have a hobby (incidentally that’s what the forth business turned out to be!).
So while I’ve been thinking about what I should blog about this month, this seems like a good way to start. This is the first in a series of blogs I intent to write which focuses on what I’ve learnt about starting and owning a business.
I’m going to start with cash flow, because as I’ve said, it is King!
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