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#AccountexUSA: Meet Cash Flow Mike

#AccountexUSA: Meet Cash Flow Mike

FromThe Accounting Podcast


#AccountexUSA: Meet Cash Flow Mike

FromThe Accounting Podcast

ratings:
Length:
21 minutes
Released:
Nov 3, 2019
Format:
Podcast episode

Description

SponsorsRight Networks: https://cloudaccountingpodcast.promo/rncloudShow Notes
00:17 – Meet Cash Flow Mike! 
00:36 – Cash flow is king - It's how businesses keep their doors open
01:26 – Mike teaches banks effective methods for communicating with small-biz owners
01:50 – Mike teaches from the standpoint of necessary advising, instead of trusted advising
03:41 – Want to add advisory to your practice? Learn how to tap into your experiences and tell that story
04:49 – Mike says it's imperative to start with the end in mind - and map out that advisor/client relationship 
06:55 – Since everything you do impacts cash flow, you need to know the reason why  you're making every single transaction
09:01 – Run your firm like you're going to sell it - keep it show-ready every day
09:34 – Stupid cash flow tricks 
12:01 – You don't need fancy tools and software, but you do need to track everything - what's coming in, what's going out, and the timing of it all
14:15 – When it comes to cash flow, looking ahead gives you time and options
14:35 – Practice what you preach. When it comes to advisory, if you believe in what you're selling, why aren't you doing it? 
15:20 – What comes in should match what's going out
18:39 – A discussion on how having more month than money and oversized growth affects startups like WeWork | NYT 
Connect with Mike Milan
Linkedin: linkedin.com/in/mikemilan/

Website: https://www.elevatefinancialtraining.com/

Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. Meet Blake and David in person! 
November 5-8: QuickBooks Connect in San Jose
November 5: Practice Ignition PreCon Party in San Jose
November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose
December 9-11: Digital CPA Conference in Seattle
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Released:
Nov 3, 2019
Format:
Podcast episode

Titles in the series (100)

The Cloud Accounting Podcast is the #1 accounting and bookkeeping podcast in the world! Join Blake Oliver and David Leary at the intersection of accounting and technology for a weekly news roundup, plus interviews with industry leaders.