Short YouTube monologue (Mark Evans DM, Oct 27, 2022) arguing that pure cash-focused businesses experience large revenue volatility ("huge ups and huge downs") and that creating residual-model businesses smooths cash flow; advises continuing cash generation while staying conscious of cash flow.
I don't know about you, but what kind of business you're in. But when I was in just the straight cash business of just making money, we would have huge ups and huge downs. Huge ups and huge downs. Huge up, up and then massive down. Because you're playing catch up. When I created the residual model businesses inside of that. And I'm not saying you can't run these businesses in tandem. You can still go generate cash, but also be conscious of cash flow.
