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Forget accounting standards, forget what the market values, forget what e-commerce companies tell you, forget terms like GMV, GTV, topline revenue, contribution margin, cost of goods, and licensing costs. If you’re an entrepreneur, the ONLY two numbers that should matter to you are: What do you get to keep? What did it cost you to […]
22 Feb 2016
Startups that focus on cash flows with messianic zeal are more likely to survive and grow faster than companies focused on their topline only. Here are the’ ‘Big Five’ in managing cash flows: 1) Focus on cash flow as well as your P&L: Revenue is vanity, cash flow is sanity. Making sure your company has […]
21 Mar 2014