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How To Be Moderately Successful.Author: Mike Scott
Building a business is hard. Maintaining healthy relationships with those that you care about is hard. Staying fit and healthy in your body, your mind and your emotions is hard. This podcast is about finding and sharing tools, strategies and experiences that may help you to achieve and maintain moderate success in your life, whatever that means to you. There is a ton of content created by the billionaires, the ultra successful athletes, and by people that are at a level that the vast majority of us will just never get to. And if you're anything like me, you're totally okay with that. This is a place where we talk about how to build a great business, but not necessarily a massive one. A place to talk about how we build a life that is balanced and integrated, but not necessarily optimised to levels that are not realistic for most of us. In short, it's a place where we explore how to be moderately successful. The work will always remain yours, and for the most part, it's simple, but not easy.I sincerely hope it's valuable to you.-MikeIf you want to talk about working with me get in touch on mike@smbmastery.com.au or https://www.linkedin.com/in/mikeadamscott/ Language: en-us Genres: Business, Entrepreneurship, Management Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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EP51 Mastering Cash Flow for Business Success
Wednesday, 4 March, 2026
Send a textSummaryIn this conversation, Mike and Troye delve into the critical topic of cash flow, exploring its significance in business success. They discuss the evolution of business metrics from revenue to cash flow, emphasizing the importance of understanding cash flow as a leadership and management tool. The conversation also covers practical techniques for managing cash flow, including forecasting and analyzing past cash movements. Finally, they outline seven key strategies for improving cash flow, providing actionable insights for business owners.TakeawaysRevenue means nothing without margin.Profit is important, but cash is the ultimate reality.Cash flow is the movement of cash in and out of your bank account.Understanding cash flow helps in making better business decisions.You should focus on generating free cash flow for business success.Increasing prices can be a quick way to improve cash flow.Improving debtor days can significantly impact cash flow.Cash flow management is a leadership tool, not just a finance tool.Scenario planning is essential for effective cash flow management.Building reserves gives businesses optionality and resilience.Chapters00:00 Understanding Cash Flow: The Foundation of Business Success10:38 The Evolution of Business Metrics: From Revenue to Cash Flow19:39 Measuring Cash Flow: Tools and Techniques26:21 Seven Levers to Improve Cash Flow35:25 Shifting Mindsets: From Operator to Capital Allocatorcash flow, business success, revenue, profit, financial management, leadership, cash flow management, business metrics, financial health, cash flow strategiesFind out more about working with me or about applying to join the ILN. mike@smbmastery.com.au https://www.linkedin.com/in/mikeadamscott/ https://theintentionalleaders.com/
