What’s the biggest problem of the Planning Stage? Cash! #70SecondCEO

 

Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results.

 

What are some of the functional problems this time? What are some of the functional problems at this stage? Cash, you have very few of any sales, cash flow will be a problem, profits will be a problem, or money, all things money may be an issue here. You haven't even gotten your loan yet. You're not even capitalized. At the same time, you need to prove to a lending institution that you're worthy of it. So cash will be an issue, money will be an issue and one of the power tools that we're going to focus on. Well, there are numerous and they're all surrounding the planning, or the MVP planning most valuable player if you will, mission, vision and values and purpose planning in stage one, as well as using assessments and working with a strategic partner.

 

Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.