How to manage cash flow

As an entrepreneur, in startup, as you scale your business you will be wearing many hats, marketer, dev manager, programmer perhaps and possibly the one many seem to struggle with ... finance manager. As daunting as this sounds it is essential to have a good grasp of the finance function of your business. Understanding how you are going to get your "billion dollar" idea off the ground and actually generate some profit requires a good understanding of managing cashflows. 

Balancing your business cash flow via accounts payable vs. accounts receivable to generate optimum cashflow is a constant struggle. With these tips you you will find ways to balance you accounts and hopefully scale your startup to greater heights. 

Inside An Entrepreneur’s Brain

This is a great infographic presenting fascinating insights into what it actually takes to be an entrepreneur. In my experience, introspection and reflection are vital in developing the mental stamina for the startup journey (along with all the other traits mentioned here).



Source: TopManagementDegrees.com

Entrepreneurship - The Start UP Series

As part of my new Entrepreneurship series - The Start Up, a quick and informative infographic from Guy Kawaski's Enchantment book series. I highly recommend reading Guy's  The Art of the Start, as a budding entrepreneur you cant go wrong with this book. I will be featuring much more of Guy's teachings during this series along with other inspirational entrepreneurs, VC's and gurus in the tech and business world....