Brian Kaskavalciyan drove his business into bankruptcy by ignoring warning signs: unprofitable jobs, mounting bills, shrinking cash flow. He worked harder instead of fixing the broken model. He warns entrepreneurs to watch the numbers and shift from doing the work to running the business before it's too late.
One thing I'd never do in my business again is ignore the warning signs, because the truth is I went bankrupt by pretending everything was fine when it wasn't. The signs were all there: jobs that looked big but weren't profitable, bills stacking up, cash getting tighter every week. I kept telling myself I just need one more good month, but one more month never came. I was working nonstop, acting as the executor, trying to outwork problems that could only be fixed by running the business like an owner. Bankruptcy didn't happen overnight. It happened because I wasn't I wasn't looking at the numbers. I wasn't managing the model, and I waited too long to make the changes I needed. If you're seeing the warning signs, don't ignore them. Fix the model now. It's a lot easier to save a business before you're forced to rebuild it.
