Business Profit Maximizer #2 - How To Manage Your Cash Flow - Dan Lok
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This video is about Business Profit Maximizer #2 - How To Manage Your Cash Flow - Dan Lok
• Business Profit Maximi...
Teach your customers how to treat you and ask, and you shall receive... I've no idea how i've been missing this much.
Thank you Sifu
@Dan Lok ....Thank you so much!! I love listening to you.
Get paid upfront. Train people how to treat you. Good lesson. I've not gotten paid before when I've used invoices after doing the work. NEVER AGAIN.
Rich people get paid before they do the work-love it!
This is so profound
In the other video: I always pay in full and in advance my partners so they want to work with me. True.
In this video: elong time before paying from 30 to 60 days, so you have better cash flow. True also.
So truth is: there's not something that works in every situation. And every solution to a problem may cause another problem elsewhere. That's why it's hard. But Dan is always inspiring and defines boundaries for applicability of techniques very well, and makes it easy to associate more urgent problems to their solution. Cash flow problem are urgent/emergency/short-time in nature and this is powerful fix. Building network of loyal partners is long term objective and paying them promptly most times is useful too.
Dan you are better than our company account manager, credit control manager and general manager combined.
Selling Attempt: May I suggest something? Try writing with this pen. How does it feel when you write with it? How was your experience with pens so far?
Did you know that best-selling authors such as T.S.Eliot, Dan Brown... Dan Lok too, always write with a pen like that?
Operating cash flow more than profits? This is what we need to be always watching out for.
🔥🔥🔥 content! Thanks Dan.
Useful wisdom presented wisely. Practical, easy to understand and put to use. Thank you, Dan Lok!
Hey madam watsapp
Very nicse do about
Thank u verry much
There's so many different terms and words I don't fully know on the business/accounting side of things. Listening to you and Dan Pena talk about deals you make, I don't know half the stuff you're referring to.
I know I don't need to get an MBA but what resources would you recommend to not just know a textbook definition but to understand and apply it in business
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Is cash flow and profit two sepperate things?
Perfect . great advice
Welcome.
Download you self very ting you sayL
Love u Hou saYL
Style v Dale
This is similar with "getting paid by reccuring revenue", which contains subscription model and netflix is an example.
This is maybe why "getting pay before work" is useful and "delete" (I call it) account receivable + account payable
Thank you, Dan. 👍🏻😁
Make good sense
very cool, (HTC group 3), Thank you
Hai handsome up