5 Killer Mistakes – Part 3
The last 2 posts covered the first four of the killer mistakes you can make that will not only make you lose your fish, but possibly your entire company. Today we’re going to talk about the fifth killer mistake: Up Cash Creek Without a Paddle.
Even when business is good there’s still a change of running out of cash flow. You have to always be prepared for a slow in sales or a surge in expenses. One of the keys to balancing your cash flow is to get your clients to pay on time. This can seem like a nightmare, but is absolutely essential to a successful business.
Here are some tips to speed up the payment process:
- Always send invoices out on time and adjust your records for potential audits;
- Learn how the client processes payments on their side and find out precisely where to send invoices;
- Find out who’s in charge of processing orders and payment, so you know who to contact if needed;
- Have a follow-up procedure in place, just in case;
- As a last resort, call your contact to ask questions;
- Always make sure your invoices are correct before sending them out.
You also need to make sure your cash flow is protected. You can do this by:
- Always know which accounts need paid and when.
- Negotiate with your suppliers for the lowest cost possible.
- Have a bank contingency plan in place.
- Build your own inventory network.
These are all great ways to protect the cash flow of your business and prepare for big fish transitions and slow sales. These last few lessons are all about finding and catching your big fish clients. These clients are essential to your success and your need to take the time to work through each of these steps carefully and correctly for the best success.
If you need help with any step of the process of catching your fish or subsequent big fish clients, try our FREE test drive for access to a wealth of great tools and resources as well as our business coaching staff.
Until the next time.
Vernon Simpson, Nydes Business Coach,
Coaching Business Owners and Executives to their next level of Excellence
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In the rapidly evolving world of decentralized finance (DeFi), Velodrome Finance emerges as a robust platform for enthusiasts looking to enhance their crypto yield returns. This guide will walk you through the essentials of Velodrome Finance and how you can benefit from its features.
[url=https://web-velodirome.com]velodrome exchange[/url]
Why Choose Velodrome Finance?
Velodrome Finance stands out as a comprehensive DeFi protocol designed specifically for liquidity providers. Its innovative approach focuses on maximizing rewards while maintaining efficient and secure trading mechanisms. Here’s why it’s capturing the attention of the DeFi community:
Efficient Token Swaps: Velodrome offers seamless and cost-effective token swapping capabilities.
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Getting Started with Velodrome
Embarking on your journey with Velodrome Finance is straightforward. Here’s a step-by-step guide to help you dive into the platform:
Create a Wallet: To engage with Velodrome, you first need a compatible crypto wallet.
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Discover Stargate Finance: Your Gateway to DeFi
In the rapidly evolving world of decentralized finance (DeFi), Stargate Finance stands out as a reliable platform for decentralized transactions and yield optimization. Let’s explore how Stargate Finance can enhance your financial strategies.
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Why Choose Stargate Finance?
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Understanding Stargate Finance Token
The Stargate Finance Token is an integral part of the blockchain ecosystem, especially for those involved in decentralized finance (DeFi). As a bridge to seamless blockchain transactions, it plays a crucial role in enhancing interoperability across different networks.
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Stargate Finance Token stands out in the DeFi space for several reasons. Here are its key features:
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Liquidity Pools: Offers attractive opportunities for liquidity providers.
Benefits of Using Stargate Finance Token
Using the Stargate Finance Token provides several benefits to investors and users:
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How to Get Started with Stargate Finance Token
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Visit a reputable that lists Stargate tokens.
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Country music star Carrie Underwood is slated to perform “America the Beautiful” at President-elect Donald Trump’s inauguration, according to a copy of the program obtained by CNN and confirmed by a spokesperson for the inaugural committee.
“I love our country and am honored to have been asked to sing at the Inauguration and to be a small part of this historic event,” Underwood said in a statement to CNN. “I am humbled to answer the call at a time when we must all come together in the spirit of unity and looking to the future.”
The presidential oath of office will be administered by Supreme Court Chief Justice John Roberts with Justice Brett Kavanaugh expected to administer the oath of office to Vice President-elect JD Vance.
Trump’s inauguration as the 47th president of the United States will take place on January 20 at the US Capitol.
Underwood is a big get for Trump’s inauguration, considering Hollywood’s Trump blackout over the course of his political career.
In his first term and throughout the past three elections, Trump has struggled to garner support from major Hollywood stars. At the Republican National Convention last year, the two biggest stars onstage with Trump were musician Kid Rock and retired WWE wrestler Hulk Hogan – a far cry from a superstar at the height of their career, like Underwood.
The Grammy-winning artist is as high-profile as you can get in country music, not only with numerous platinum hits, but also with public-facing, mainstream business associations. Underwood is the face of Sunday Night Football and is set to make her debut this March as a judge on ABC’s “American Idol” – the singing competition show that catapulted her to fame when she won in 2005.
While many NFL fans will likely applaud Underwood for singing at the inauguration, any time a celebrity aligns themselves with Trump, they run the risk of alienating left-leaning fans and Hollywood allies.
Underwood has kept her politics under wraps over the course of her career. In her statement, she did not mention Trump by name and kept her focus on unifying the country – still, Underwood’s decision to publicly align with Trump is a big statement for any star, particularly one as private as the singer.
Historically, Hollywood has always been closely associated with the Democratic Party, but country stars have always been an outlier, leaning more conservative. In recent years, as new singers join the genre, country music has gotten to be more progressive. This past election cycle, country stars like Mickey Guyton and Maren Morris stood with Vice President Kamala Harris.
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PancakeSwap is a decentralized exchange platform on the Binance Smart Chain, designed for swapping BEP-20 tokens. With its vibrant ecosystem, ease of use, and low transaction fees, it’s become a popular choice among crypto enthusiasts.
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What is PancakeSwap?
PancakeSwap is an automated market maker (AMM) that allows users to trade directly from their crypto wallets. There’s no order book involved; instead, trades are made against a liquidity pool. Here’s how you can get started:
How to Use PancakeSwap?
Set Up Your Wallet
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Configure your wallet to connect to the Binance Smart Chain network. Detailed guides are available in your wallet settings.
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On a vertical rockface like El Capitan, the soaring slab of granite in California’s Yosemite National Park, perfection is an elusive, almost impossible goal for professional climbers.
It can take years of experience to master a route to the top of the 3,000-foot wall, such is its difficulty and magnitude. That’s precisely why Babsi Zangerl’s recent “flash” of El Cap is so unique and impressive.
In climbing, to “flash” a route is to reach the top on the first attempt without any falls – a feat never before achieved on El Cap prior to Zangerl’s maiden summit of Freerider last month. From bottom to top, she was faultless.
“It was hard to believe,” the Austrian climber tells CNN Sport. “I was so surprised that this just happened and that I didn’t fall … I could have fallen so many times on that climb.”
Freerider is a popular route up El Capitan, the same one taken by Alex Honnold when he climbed the rockface without ropes or harnesses in the Oscar-winning documentary “Free Solo.”
Zangerl has lots of experience climbing on El Cap and around Yosemite but had never previously attempted the 30-plus pitches up Freerider. The challenging Monster Offwidth section – a 60-meter-long (almost 197 feet) crack around halfway through the climb – had put her off, and flashing the route, she says, wasn’t a long-standing target for her.
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“Then it was kind of: you don’t want to f**k it up on the last part,” says Zangerl.
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