Amplified Impact with Anthony Vicino This Is How We Tripled Our Cashflow Overnight | Ep. 264
Today, I want to share a game-changing business lesson I learned while building Escape Climbing.
Starting this manufacturing business was a new ballgame for me. I was used to service-based companies like window washing…simple, right? Then there was the gym, another different game.
But Escape Climbing was unique.
Manufacturing meant handling raw materials, long lead times, and massive capital outlays. Cash flow became a puzzle.
Here's the kicker…we were offering net 90 terms to clients, meaning we waited 90 days to get paid. The result? We looked good on paper but had no cash. A big headache.
So, we made two simple tweaks that transformed our business overnight: Net 30 Terms & Supplier Negotiation.
Cash flow management, friends, can change the game. It's not just about profitability; it's about having cash to work with.
Negotiate, understand your cash levers, and master this game. It's essential.
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