Focus on #cash flow first and then on profit: Cash flow is like oxygen. However profitable your #business may be, if you are not generating enough cash to take care of paying your bills, sooner or later you will get choked. If someone offers you a project which will give you Rs 50,000 profit but payment after 3 months and another person wants the same job done such that it gives you profit of Rs 40,000 but immediate payment, go for the second. Lack of adequate cash flow will give you sleepless nights, eventually draining out all your energy.
Posted on: Sat, 07 Sep 2013 09:33:42 +0000
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