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Show Notes

• 00:17 – Meet Cash Flow Mike! 
• 00:36 – Cash flow is king - It's how businesses keep their doors open
• 01:26 – Mike teaches banks effective methods for communicating with small-biz owners
• 01:50 – Mike teaches from the standpoint of necessary advising, instead of trusted advising
• 03:41 – Want to add advisory to your practice? Learn how to tap into your experiences and tell that story
• 04:49 – Mike says it's imperative to start with the end in mind - and map out that advisor/client relationship 
• 06:55 – Since everything you do impacts cash flow, you need to know the reason why  you're making every single transaction
• 09:01 – Run your firm like you're going to sell it - keep it show-ready every day
• 09:34 – Stupid cash flow tricks 
• 12:01 – You don't need fancy tools and software, but you do need to track everything - what's coming in, what's going out, and the timing of it all
• 14:15 – When it comes to cash flow, looking ahead gives you time and options
• 14:35 – Practice what you preach. When it comes to advisory, if you believe in what you're selling, why aren't you doing it? 
• 15:20 – What comes in should match what's going out
• 18:39 – A discussion on how having more month than money and oversized growth affects startups like WeWork | NYT 

Connect with Mike Milan

• Linkedin: linkedin.com/in/mikemilan/
• Website: https://www.elevatefinancialtraining.com/

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. 

Meet Blake and David in person! 

• November 5-8: QuickBooks Connect in San Jose
• November 5: Practice Ignition PreCon Party in San Jose
• November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose
• December 9-11: Digital CPA Conference in Seattle

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