E65: Becoming Homeless Due to Cash Flow, with Stu Davidson

How bad can cash flow problems get?   Sadly, the answer is that you can lose nearly everything.   In this episode of De-stress Your Business, I chatted with Stu Davidson, the host of The Construction Cashflow Podcast.   In this candid conversation, he shared how one bad construction project and a series of unfortunate events ended up pulling his customer down and him with it.    He lost his business, his home, and his partner.    The construction industry is notorious for its challenges around cash flow, with a culture of 'Robbing Peter to Pay Paul' when it comes to managing cash flow.     However, this can have disastrous consequences, as it did for Stu.    Listen to our latest episode as Stu shares his story of transformation, resilience, and the grit to turn adversity into a ladder for growth. Hear his journey, learn from his experience, and get gold nuggets on how to manage cashflow successfully — even in a tough industry like construction!   ---   Helpful resources for today’s episode:   The Construction Cashflow podcast: https://podcasts.apple.com/gb/podcast/construction-cashflow-podcast/id1498077041 Stu Davidson on LinkedIn: https://www.linkedin.com/in/stuartdavidsonmrics Cashflow ebook: https://airmanual.link/cashflow/ebook The Business Leader’s Guide to Improving Cashflow Ask me anything on 24 May 13:00 https://airmanual.link/cashflow/webinar   ---   Want to learn more? Join our weekly webinar and we'll show you how to free up 15 hours per week and remove the constant stress of running a business, without slowing down growth. Visit www.airmanual.co/webinar for all the details!