Financially Savvy Entrepreneur

Welcome to Unit 2: Let it

Flow

Financially Savvy Entrepreneur

Cash flow and why it’s important

Financially Savvy Entrepreneur

Cash flow projections v. Cash flow statement

Financially Savvy Entrepreneur

Financially Savvy Entrepreneur

Financially Savvy Entrepreneur

Financially Savvy Entrepreneur

Financially Savvy Entrepreneur

Financially Savvy Entrepreneur

Financially Savvy Entrepreneur

Emergency Fund3

3-6 months of non-discretionary expenses

Financially Savvy Entrepreneur

War Chest

“A million dollars is a great thing. Then you can just put it in the bank, and

relax. Sometimes people tell me "I have a million dollars. What should I invest

in?" I say don't invest in anything. That is great, man. Put it in the bank. Just

have the cash for awhile. Cash is cool.” - James Altucher

Financially Savvy Entrepreneur

Your Salary

Financially Savvy Entrepreneur

Profitability of Individual Products or

Services

80/20 Rule