Sign up to save your podcasts
Or
Share Why Profitable Companies Go Broke: David Safeer
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Why Profitable Companies Go Broke: David Safeer
Accounting Myths That Sink Small Businesses
How to Forecast Cash Flow and Stop Guessing
Episode 254 (David is based in Salt Lake City, Utah)
-----
In this conversation we explore…
Why traditional accounting fails to protect small businesses.
How cash flow differs from accounting and why it matters more.
The danger of relying on profit and loss statements alone.
How to recognize early warning signs of cash trouble.
Why even profitable companies run out of money.
The mindset shift needed to forecast financial stability.
The power of the 13-week cash flow model.
How to calculate and build sufficient cash reserves.
The role of risk in financial planning and survival.
How strategic timing of payments protects your cash.
-----
About our guest David Safeer:
David has done business in over 40 countries. He restructured a Fortune 100 company from years of losses to profitability in one year.
He is known as the Unconventional Cash Flow Guy.
Improve your cash flow with a free copy of his ebook, "24 Profit Strategies for Business Success" at http://cic60.com/
----
Key Learning Points
Accounting ≠ Cash Flow: Accounting reports don’t reflect the cash available.
Cash Flow Conversations Are Rare but Critical: Business owners often focus on revenue/expenses and overlook cash movement.
Symptoms vs. Root Causes: Issues like payroll trouble often stem from deeper systems or margin problems.
The P&L Illusion: A profit on paper doesn’t mean there’s cash in the bank.
Modeling Is a Lifesaver: The 13-week cash flow model helps foresee challenges.
Mental Game of Money: Cash flow stress impacts decision-making and sleep.
Cash Reserves Save Businesses: A few weeks of reserves can prevent shutdown.
Cash Flow Needs Monitoring: Weekly modeling can prevent surprises.
Accountants Aren’t Always Experts in Cash: Many don’t understand or prioritize it.
Liquidity from Hidden Assets: Inventory and unused assets can become emergency cash.
-----
----more----
Your Intended Message is the podcast about how you can boost your career and business success by honing your communication skills. We’ll examine the aspects of how we communicate one-to-one, one to few and one to many – plus that important conversation, one to self.
In these interviews we will explore presentation skills, public speaking, conversation, persuasion, negotiation, sales conversations, marketing, team meetings, social media, branding, self talk and more.
Your host is George Torok
George is a specialist in communication skills. Especially presentation. He’s fascinated by the links between communication and influencing behaviors. He delivers training and coaching programs to help leaders and promising professionals deliver the intended message for greater success.
Connect with George
www.SpeechCoachforExecutives.com
https://www.linkedin.com/in/georgetorokpresentations/
https://www.youtube.com/user/presentationskills
https://www.instagram.com/georgetorok/
View all episodes
By George Torok
5
1414 ratings
Accounting Myths That Sink Small Businesses
How to Forecast Cash Flow and Stop Guessing
Episode 254 (David is based in Salt Lake City, Utah)
-----
In this conversation we explore…
Why traditional accounting fails to protect small businesses.
How cash flow differs from accounting and why it matters more.
The danger of relying on profit and loss statements alone.
How to recognize early warning signs of cash trouble.
Why even profitable companies run out of money.
The mindset shift needed to forecast financial stability.
The power of the 13-week cash flow model.
How to calculate and build sufficient cash reserves.
The role of risk in financial planning and survival.
How strategic timing of payments protects your cash.
-----
About our guest David Safeer:
David has done business in over 40 countries. He restructured a Fortune 100 company from years of losses to profitability in one year.
He is known as the Unconventional Cash Flow Guy.
Improve your cash flow with a free copy of his ebook, "24 Profit Strategies for Business Success" at http://cic60.com/
----
Key Learning Points
Accounting ≠ Cash Flow: Accounting reports don’t reflect the cash available.
Cash Flow Conversations Are Rare but Critical: Business owners often focus on revenue/expenses and overlook cash movement.
Symptoms vs. Root Causes: Issues like payroll trouble often stem from deeper systems or margin problems.
The P&L Illusion: A profit on paper doesn’t mean there’s cash in the bank.
Modeling Is a Lifesaver: The 13-week cash flow model helps foresee challenges.
Mental Game of Money: Cash flow stress impacts decision-making and sleep.
Cash Reserves Save Businesses: A few weeks of reserves can prevent shutdown.
Cash Flow Needs Monitoring: Weekly modeling can prevent surprises.
Accountants Aren’t Always Experts in Cash: Many don’t understand or prioritize it.
Liquidity from Hidden Assets: Inventory and unused assets can become emergency cash.
-----
----more----
Your Intended Message is the podcast about how you can boost your career and business success by honing your communication skills. We’ll examine the aspects of how we communicate one-to-one, one to few and one to many – plus that important conversation, one to self.
In these interviews we will explore presentation skills, public speaking, conversation, persuasion, negotiation, sales conversations, marketing, team meetings, social media, branding, self talk and more.
Your host is George Torok
George is a specialist in communication skills. Especially presentation. He’s fascinated by the links between communication and influencing behaviors. He delivers training and coaching programs to help leaders and promising professionals deliver the intended message for greater success.
Connect with George
www.SpeechCoachforExecutives.com
https://www.linkedin.com/in/georgetorokpresentations/
https://www.youtube.com/user/presentationskills
https://www.instagram.com/georgetorok/
More shows like Your Intended Message
View all
Fresh Air
38,190 Listeners
Stuff You Should Know
77,648 Listeners
TED Radio Hour
22,054 Listeners
The School of Greatness
21,272 Listeners
Good Life Project
3,270 Listeners
Making Sense with Sam Harris
26,462 Listeners
Hidden Brain
43,409 Listeners
10% Happier with Dan Harris
12,513 Listeners
THE ED MYLETT SHOW
14,052 Listeners
The Diary Of A CEO with Steven Bartlett
7,001 Listeners
On Purpose with Jay Shetty
27,144 Listeners
Think Fast Talk Smart: Communication Techniques
791 Listeners
SmartLess
57,990 Listeners
Huberman Lab
28,304 Listeners
The Mel Robbins Podcast
20,416 Listeners