I bootstrapped my first business to $1M in revenue in 4 years, and it definitely was a cash SUCK business. Now I'm ready for the cash flow business. Your content is crazy spot on. Thanks for sharing your passion.
If she ran the world there would never be a building built we would all have trailers. SMH. Sometimes the difference and the risk is what matters. Especially to people like builders of great wonders of the world.
Thank you for that!!!!!!! That’s awesome info! Sort of like the laundromat business, you mentioned! I’m an artist. I make cartoons and stories/ storyboards and character designs.
Although I do agree to an extent, I think the pandemic proved your statement be not so accurate, there are a few business outhere that can be quite bulletproof
I mean, law firms are cash suck businesses. They seem to do okay. I think it boils down to demand and skill. If you’re one of a very few people who can provide that service and it’s in high demand or in demand by people with deep pockets, then cash suck models can work well and have the potential to make a lot more money at a smaller scale than cash flow businesses. An M+A attorney can do 6 deals a year and make 30 million in revenue. You’d have to cut a lot of lawns or detail a lot of cars to make 30MM.
So basically, you need to be automating all kinds of crap, right? Yet another reason to jump on Ai technology or you will be LEFT IN THE DUST! On that note, that's my side business right now - building Ai chatbots custom for websites. While it's custom, I found a low-stress repeatable several step process to get it working.
@codiesanchez do you ever work with People one on one? I could really use some help in someone that I could trust and I find that your information is usually pretty great. Please let me know if you have anything like that.
![Businesses that Never Fail? 6 Businesses with Amazingly Low Failure Rates [Backed by Data]](http://i.ytimg.com/vi/zlljnJSTuZA/mqdefault.jpg)
![Businesses that Never Fail? 6 Businesses with Amazingly Low Failure Rates [Backed by Data]](/img/tr.png)
I bootstrapped my first business to $1M in revenue in 4 years, and it definitely was a cash SUCK business. Now I'm ready for the cash flow business. Your content is crazy spot on. Thanks for sharing your passion.
I'm going to start saying "cash suck" now. Thank you for the phrase!
Would be good to see some examples of each
oh my !!! Codie !!!!!🥰🥰🥰😍😍😍
Thank you for your explanation! 😊😊😊
You got me at the word cashflow
Thank you…❤
Great explanation, I know what I'm looking for❤😊💰💰💰💰💰🙏🏾
If she ran the world there would never be a building built we would all have trailers. SMH. Sometimes the difference and the risk is what matters. Especially to people like builders of great wonders of the world.
shes showing you how to make money not save the world, innovators will always innovate. Not everyone is smart enough for that.
Most of the great wonders were built with slavery/forced labor ☠️☠️☠️
@@mephistosinner2 no she isnt. she is hyping up low margin businesses that anybody can do..
@@mephistosinner2And haters will always hate. Smh😂
It's just a part of the game.
Thank you for that!!!!!!! That’s awesome info! Sort of like the laundromat business, you mentioned!
I’m an artist. I make cartoons and stories/ storyboards and character designs.
There's virtually zero "cash flow" businesses that are immune to risk. They're exposed to the same risks as any other business.
Although I do agree to an extent, I think the pandemic proved your statement be not so accurate, there are a few business outhere that can be quite bulletproof
OMG some of these comments are just asinine. 🤦
I mean, law firms are cash suck businesses. They seem to do okay. I think it boils down to demand and skill. If you’re one of a very few people who can provide that service and it’s in high demand or in demand by people with deep pockets, then cash suck models can work well and have the potential to make a lot more money at a smaller scale than cash flow businesses. An M+A attorney can do 6 deals a year and make 30 million in revenue. You’d have to cut a lot of lawns or detail a lot of cars to make 30MM.
Wow, a game changer 🎉
What's an example of both of each
Maybe traditional plumber biz vs modern subscription app biz like OF, Netflix etc
Glory….thats explained well!
New follower here.
I would like to be a business owner, but don't know what to choose.
How do you get the money before providing the service? Any examples so I can understand
Gracias, guapa.Mas claro imposible.Saludos desde España.
How would you turn a repair buisness into a subscription with out including classes to teach people how to repair ?
sell maintenance contracts for basic coverages to secure repeat business, and almost guarantee out of contract work at a "discounted rate"😂
I Need Examples Please.
The irony is that those that suck want money upfront
How can you do this with nonprofits? Would love to help my dad grow his! Thanks for a awesome content
Thank you madam
Examples????
Where all my cash flow plumbers at.
Here. 🙋♂️😜
Love it!
and what are those?
what's the human phycology about subscription based business??
Good ol chalk boards
Is a Laundromat considered cash flow or cash suck?
Of course! You want a stable
Business, there is no big info in this video
The question is getting to start the right business that will make it
🔥
CF 🍀
I have a bunch of cash suck businesses 😢
List of cf business names
I love 💕 mind she is amazing
❤
So basically, you need to be automating all kinds of crap, right? Yet another reason to jump on Ai technology or you will be LEFT IN THE DUST! On that note, that's my side business right now - building Ai chatbots custom for websites. While it's custom, I found a low-stress repeatable several step process to get it working.
Let me write some random symbols and talk shit. Hopefully people will buy it.
Interesting how most of german economy is a bad buisness model xD
🤔😳👍🏿
Simplistic - not sure she’s even run a business…
It
I like you
How wrong is this? 😂
what a load of nonsense!!! Dont listen to this inexperieced person
mobile home park=cfb
Ig she knows a lot about cash suck business, probably failed with her of
@codiesanchez do you ever work with People one on one? I could really use some help in someone that I could trust and I find that your information is usually pretty great. Please let me know if you have anything like that.
Even is she did, she wouldn't answer this. You can't give tasks to high networth busy people.