Chapter
Building for the Future
49:25 - 52:19 (02:53)
In building a business, it is important to anticipate future needs and invest in infrastructure accordingly, which often incurs debt. Even if a business starts off without financial debt, they still face other forms of debt like management and technical debt.
Clips
The speaker discusses how to quickly build the enterprise value of an asset by stretching, getting uncomfortable, eliminating all cash flow to yourself, and transferring money into the asset.
49:25 - 50:20 (00:55)
Summary
The speaker discusses how to quickly build the enterprise value of an asset by stretching, getting uncomfortable, eliminating all cash flow to yourself, and transferring money into the asset.
ChapterBuilding for the Future
EpisodeHow Your Beliefs Are Keeping You From Being A Millionaire w/ Alex Hormozi EP 1324
PodcastThe School of Greatness
Starting a business always involves incurring some sort of debt, whether it be financial, time, management, or technical.
50:20 - 50:47 (00:26)
Summary
Starting a business always involves incurring some sort of debt, whether it be financial, time, management, or technical. Even if you don't start with monetary debt, other forms of debt are inevitable in the process of building a successful business.
ChapterBuilding for the Future
EpisodeHow Your Beliefs Are Keeping You From Being A Millionaire w/ Alex Hormozi EP 1324
PodcastThe School of Greatness
This podcast discusses how businesses in partnership can generate steady cash flow every month, and its benefits in terms of investment.
50:47 - 52:19 (01:32)
Summary
This podcast discusses how businesses in partnership can generate steady cash flow every month, and its benefits in terms of investment. Cash flow is a consistent way to reinforce positive behavior without sacrificing personal savings.