Day 10: Unlocking Cash Flow: Creative Solutions for Startups
from The Sales Game Hosted by Josh Mackay
Josh dives into the crucial tasks ahead as he and Jerry, his new Operations Manager, enter crunch time. With deadlines looming, they prioritise setting up a project management tool to streamline their workflow. Josh emphasises the urgency of completing the CRM build and website development to kickstart sales. Facing financial constraints, Josh strategizes on managing cash flow and considers options like using an Amex card to float expenses and build credit lines with suppliers. He discusses the importance of premium pricing and deposits to cover initial costs, highlighting the need for customer support in funding their business journey. Stay tuned for updates on their progress and insights into navigating financial challenges in entrepreneurship.
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