Beginning Balance

Rule One: Your Cash Is Your Strategy


Listen Later

Mark and Jesse continue their deep dive into YNAB's Rule One -- give every dollar a job -- as it applies to businesses. Jesse says "show me your outflows, and I'll show you your strategy." The things a business spends it's money on, is a proxy for the businesses strategy, just like the things individuals spend money on is a reflection of their values.

 

Mark takes this idea a few steps further, insisting that all of a business' cash is wrapped up in it's strategy, or lack thereof. Inflows, outflows, cash in the bank, debt... they all play a role in determining the strategy and direction of the business.

...more
View all episodesView all episodes
Download on the App Store

Beginning BalanceBy Jesse Mecham

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

69 ratings


More shows like Beginning Balance

View all
Andy Stanley Leadership Podcast by Andy Stanley

Andy Stanley Leadership Podcast

2,274 Listeners

The Ben Shapiro Show by The Daily Wire

The Ben Shapiro Show

154,355 Listeners

The Jesse Mecham Show by Jesse Mecham

The Jesse Mecham Show

1,070 Listeners

ChooseFI by ChooseFI

ChooseFI

5,126 Listeners

Pod Save America by Crooked Media

Pod Save America

87,164 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,453 Listeners

Crime Junkie by audiochuck

Crime Junkie

368,334 Listeners

Money For Couples with Ramit Sethi by Ramit Sethi

Money For Couples with Ramit Sethi

3,387 Listeners

Budget Nerds by You Need a Budget

Budget Nerds

109 Listeners

New Heights with Jason & Travis Kelce by Wondery

New Heights with Jason & Travis Kelce

18,423 Listeners