James Schramko of SuperFastBusiness has a great 3-part conversation with business consultant Rob Hanly. This is more for established businesses, but it’s worth a listen. They cover Rob’s comprehensive cheat sheet on how to run a successful business. (The cheat sheet is included on the link above.)
Rob’s work is to help business owners improve their operations and profitability. Businesses often get into trouble from not managing cash flow effectively or chasing the wrong goals.
“So you’ve got the right business model in terms of right customers, right product, you got product-market fit, you got the right partners, you know, that classic business model canvas, but you’re stuffing it up by spending too much on the wrong things and managing your cash flow poorly.”