“I bought a profitable free cash flow generating business…in a very narrow vertical…make your first sale profitable.”
TW
Tristan Walker
Equity ·
“I told my dad, hey, you made $100,000 profit… the profit's not sitting there in your bank account… it's gone into stock and loan repayment.”
Larkin Agrawal · The CFO Track · Starting part-time to 20x revenue in two years - Lakun Agrawal (Hello Clever)
Play from 5:14
5:14
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What was described
When preparing his dad's shop accounts, he explained the profit figure in plain English, showing that profit was tied up in inventory and loan repayment rather than cash in the bank
Said nearby on the same subject
“When he added in the agency's fees… he was barely profitable… a year later, Amazon Rev was up about 40%. … Google spend went down 60%, and Google sales went up 50%.”
♫
Said on eComFuel Podcast
“The 13-week cash flow statement makes sure that we're always tracking your cash, not just your profit and loss”
CS
Cody Sanchez
Motley Fool Hidden Gems Investing ·
“Sell the investment, transferred the funds to your bank account, drove to the bank, withdrew the actual cash itself, and then spent the cash with real dollars”
CG
Cody Garrett
ChooseFI | Financial Independence Podcast ·
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