Prices are soaring, staffing is tight and interest rates are rising. Keeping the cash flowing within a business is becoming harder. Being profitable does not always mean that cash is aplenty. It definitely helps, but other items can impact the cash flow.
Do you remember the excitement of jumping out of bed, ready to charge forward and live your life to the fullest? Or maybe on Christmas morning right after Santa Claus had delivered the presents and your parents allowed you to get out of bed?
Many years ago my neighbor, an attorney, who had his own practice, was stung by a bee. For some this people this would be a minor pain, however in this case he was allergic to bees.
We make decisions every day, sometimes consciously and sometimes unconsciously. The unconscious decisions just happen, such as what time we go to bed and what time we get up.
Financial success can be found in a variety of ways. The best way to achieve it depends on your current situation. Success can be found through a rewarding job, building a business, making an investment, funding a retirement account or a combination.
It’s Friday night. My heart is racing. I am working on slowing down and getting recharged for next week’s race. Today I felt like I was caught in a pinball machine.
Visualizing the future is hard for me. I live in tasks, numbers and concrete ideas. I have discovered that some people live in their dreams. For them taking action to create them is a struggle. They get bored.
I recently saw this old proverb and it hit home. I take my health for granted. I haven’t been sick beyond a slight cold in years. I don’t take medicine. I work on eating right and exercise every day. However, people around me have and are struggling with their health.
As a person moves from living on a paycheck to starting a business the cash management changes. This is one of the most stressful times a business owner encounters. Many live hand to mouth.