Eric Siu walks through how a business he worked with increased its monthly profit after his intervention. He explains why cash flow matters for hiring, reinvestment, and starting new ventures.
That business today does more in profit per month than it was doing in revenue when we got involved. Wow. What it did show was we are able to go in and get these businesses cranking. And then what you do is you use that cash flow and you can hire more people. The team has grown. We can take that cash flow and we can reinvest it in other things in that business. We can take that cash flow, we can go and we can invest in the public or private market. We can take that cash flow and go start another company. Cash flow is so important when you're doing this.
