Today, I want to share a game-changing business lesson I learned while building Escape Climbing.Starting this manufacturing business was a new ballgame for me. I was used to service-based companies like window washing…simple, right? Then there was the gym, another different game.But Escape Climbing was unique. Manufacturing meant handling raw materials, long lead times, and massive capital outlays. Cash flow became a puzzle.Here's the kicker…we were offering net 90 terms to clients, meaning we waited 90 days to get paid. The result? We looked good on paper but had no cash. A big headache.So, we made two simple tweaks that transformed our business overnight: Net 30 Terms & Supplier Negotiation.Cash flow management, friends, can change the game. It's not just about profitability; it's about having cash to work with. Negotiate, understand your cash levers, and master this game. It's essential.LEAVE A REVIEW if you liked this episode!! Let’s Connect On Social Media! youtube.com/anthonyvicino twitter.com/anthonyvicino instagram.com/theanthonyvicino https://anthonyvicino.com Join an exclusive community of peak performers at Beyond the Apex University learning how to build a business, invest in real estate, and develop hyperfocus. www.beyondtheapex.com Learn More About Investing With Anthony Invictus Capital: www.invictusmultifamily.com Multifamily Investing Made Simple Podcast Passive Investing Made Simple Book: www.thepassiveinvestingbook.com

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related