Quote:
Originally Posted by Leanora Buckley
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From the article, a one sentence summary:
Most operations go out of business because they don’t have enough customers or money—normally at the same time.
A guy named Ben Suarez came to this same conclusion over 40 years ago, and while lifting weights, the NPGS (Net Profit Generator System) came pouring out of his mind like a computer print out.
A few billion dollars later, and 40+ years, too many start-ups still forget the fundamentals of CASH FLOW.
ADD in all start-ups, and the failure rate is more like 1 in 10,000 make it. Most of the time, the failure is found in that one sentence.
Thanks Leanora,
GordonJ