This Is How We Tripled Our Cashflow Overnight | Ep. 264

0 Views· 09/17/23
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Today, I want to share a game-changing business lesson I learned while building Escape Climbing.<br/><br/>Starting this manufacturing business was a new ballgame for me. I was used to service-based companies like window washing…simple, right?  Then there was the gym, another different game.<br/><br/>But Escape Climbing was unique. <br/><br/>Manufacturing meant handling raw materials, long lead times, and massive capital outlays. Cash flow became a puzzle.<br/><br/>Here's the kicker…we were offering net 90 terms to clients, meaning we waited 90 days to get paid. The result?  We looked good on paper but had no cash. A big headache.<br/><br/>So, we made two simple tweaks that transformed our business overnight: Net 30 Terms & Supplier Negotiation.<br/><br/>Cash flow management, friends, can change the game. It's not just about profitability; it's about having cash to work with. <br/><br/>Negotiate, understand your cash levers, and master this game. It's essential.<br/>LEAVE A REVIEW if you liked this episode!! Let’s Connect On Social Media! youtube.com/anthonyvicino twitter.com/anthonyvicino instagram.com/theanthonyvicino https://anthonyvicino.com Join an exclusive community of peak performers at Beyond the Apex University learning how to build a business, invest in real estate, and develop hyperfocus. www.beyondtheapex.com Learn More About Investing With Anthony Invictus Capital: www.invictusmultifamily.com Multifamily Investing Made Simple Podcast Passive Investing Made Simple Book: www.thepassiveinvestingbook.com

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