EPISODE · Dec 7, 2021 · 45 MIN
Why Cash Flow is King with Erick Rheam
We have to start somewhere right? And we've all been there, trying to build a business, cash is tight, and we need to make ends meet.Erick Rheam, a great friend of TSL, has found incredible success in recent years as his speaking career has taken off. He's about to release his sixth book and year after year he's breaking his own income records. So, how is he doing it?Erick joined us for a deep dive into cash flow management. We're talking about four must-haves when it comes to building a sustainable business with a solid financial foundation.There's no claim here to financial expertise, but you'll see from our conversation that there is a ton of life experience and business success to learn from as you grow your own speaking career!THE FINER DETAILS OF THIS SHOW:The cyclical nature of a speaking careerWhy you need to treat your speaking career like a real businessWhat are money buckets and why do they matter?What it means to "run lean"Why you need a cushion of cashDetermining an ROIEvaluating recurring expensesAnd much more!EPISODE RESOURCESGet Free Speaker ResourcesBook a Call with The Speaker LabCalculate Your Speaking FeeJoin The Speaker Lab Community on FacebookSubscribe on Apple PodcastsSubscribe on SpotifySee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Why Cash Flow is King with Erick Rheam
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