Jalila Frazier

And it all came to a head, I want to say last year, because in my business, because we work with school districts, government contracts, our pay cycle changed. or how we get paid is sometimes net 30, a lot of times net 60. So we would have rendered services and we don't get that check until cash flow became an issue. It still is an issue for my business access to cash.

Now we get the contracts, but we also have to make sure that we pay our staff on a timely basis so that they stay with us. So there's always this gap in time. And so it all came to a head last year where we had tons of contracts out and it's the summertime. School boards don't meet in the summer. So I was strapped for cash. I didn't know what to do to get this cash to make payroll at least.

Now we get the contracts, but we also have to make sure that we pay our staff on a timely basis so that they stay with us. So there's always this gap in time. And so it all came to a head last year where we had tons of contracts out and it's the summertime. School boards don't meet in the summer. So I was strapped for cash. I didn't know what to do to get this cash to make payroll at least.

Now we get the contracts, but we also have to make sure that we pay our staff on a timely basis so that they stay with us. So there's always this gap in time. And so it all came to a head last year where we had tons of contracts out and it's the summertime. School boards don't meet in the summer. So I was strapped for cash. I didn't know what to do to get this cash to make payroll at least.

And I had to like tap into my personal cash fund so many times. But this one was large as well as reach out to my family. And at that time, my friend, she was she worked in the business. She even loaned me money for the business. And she said, hey, don't worry about paying me this payroll. Just put it in the next payroll. That was such a humbling experience. Right.

And I had to like tap into my personal cash fund so many times. But this one was large as well as reach out to my family. And at that time, my friend, she was she worked in the business. She even loaned me money for the business. And she said, hey, don't worry about paying me this payroll. Just put it in the next payroll. That was such a humbling experience. Right.

And I had to like tap into my personal cash fund so many times. But this one was large as well as reach out to my family. And at that time, my friend, she was she worked in the business. She even loaned me money for the business. And she said, hey, don't worry about paying me this payroll. Just put it in the next payroll. That was such a humbling experience. Right.

I'm in this business. We have all these contracts. We're doing all these things. And I don't have the money to pay my staff. Like, but it was at that moment where if I could be transparent with this in this moment, that means I could be transparent with anything because everything is temporary. And literally when that happened, I was, I was depressed. So that happened.

I'm in this business. We have all these contracts. We're doing all these things. And I don't have the money to pay my staff. Like, but it was at that moment where if I could be transparent with this in this moment, that means I could be transparent with anything because everything is temporary. And literally when that happened, I was, I was depressed. So that happened.

I'm in this business. We have all these contracts. We're doing all these things. And I don't have the money to pay my staff. Like, but it was at that moment where if I could be transparent with this in this moment, that means I could be transparent with anything because everything is temporary. And literally when that happened, I was, I was depressed. So that happened.

Um, you know, the next phase cycle, I was able to pay everyone back and then I've never been short of payroll since then. Um, so we have to change a lot of things. So I would say finances, I would be very much more, um, forward thinking about things and structuring how people get paid. We even changed how we pay our consultants. Now, we used to pay them immediately.

Um, you know, the next phase cycle, I was able to pay everyone back and then I've never been short of payroll since then. Um, so we have to change a lot of things. So I would say finances, I would be very much more, um, forward thinking about things and structuring how people get paid. We even changed how we pay our consultants. Now, we used to pay them immediately.

Um, you know, the next phase cycle, I was able to pay everyone back and then I've never been short of payroll since then. Um, so we have to change a lot of things. So I would say finances, I would be very much more, um, forward thinking about things and structuring how people get paid. We even changed how we pay our consultants. Now, we used to pay them immediately.

Now, we pay them net 30 because we don't have the cash flow until we get it.

Now, we pay them net 30 because we don't have the cash flow until we get it.

Now, we pay them net 30 because we don't have the cash flow until we get it.

If you're taking the leap and making a side hustle, be very clear that you want to do it. And you have to start like just follow the breadcrumbs. OK, one, make a decision that you want to do it. And once you do it, follow the breadcrumbs. What do I mean by that? You won't know your capacity until you start something.

If you're taking the leap and making a side hustle, be very clear that you want to do it. And you have to start like just follow the breadcrumbs. OK, one, make a decision that you want to do it. And once you do it, follow the breadcrumbs. What do I mean by that? You won't know your capacity until you start something.

If you're taking the leap and making a side hustle, be very clear that you want to do it. And you have to start like just follow the breadcrumbs. OK, one, make a decision that you want to do it. And once you do it, follow the breadcrumbs. What do I mean by that? You won't know your capacity until you start something.

And the minute you start something, you're going to see so many different breadcrumbs just laying in front of you like, oh, OK, I can do it like this. Oh, they're helping me with this. Oh, this is where I get this resource. Oh, this is how I turn this person into a possible staff member or someone that can be aligned with my vision. I say you have to start and follow the breadcrumbs.