How businesses manage money | Cashflow explained

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Practical Wisdom - Interesting Ideas

Practical Wisdom - Interesting Ideas

Күн бұрын

Пікірлер: 131
@PracticalWisdom
@PracticalWisdom 2 жыл бұрын
Want to learn more about money? Join and become a channel member to get access to My Personal Finance Course: kzbin.info/door/YyqGqI-bpzGpo5DBtUcJQAjoin
@jimmyramos6296
@jimmyramos6296 11 ай бұрын
Ingenuity Mags Process - The unique digital transformation
@tahirisaid2693
@tahirisaid2693 7 ай бұрын
Financial management is a vital subject that many avoid, often leading to future regrets.
@samotivationbysami
@samotivationbysami Жыл бұрын
After I graduated, I realized school taught me nothing about money. Then I found the book ‘the Richest Man in Babylon’ and learned everything about money that I was not taught. Also started watching videos like this. Lots to learn!
@tomhosebon4392
@tomhosebon4392 Жыл бұрын
Same journey
@iz8380
@iz8380 Жыл бұрын
They just took your money
@Himothy704
@Himothy704 Жыл бұрын
Great book gave it to my son after his high-school graduation.
@Mr.Lateralus
@Mr.Lateralus Жыл бұрын
They didn’t teach you for a specific reason, other than keeping you poor. If you knew why, you would throw up in anger……….
@vedaintsaint
@vedaintsaint Жыл бұрын
mr money sam is here guys.
@xc.xseiii
@xc.xseiii 3 ай бұрын
as a 14 year old I know that ill achieve being a successful business owner. I'd rather die trying than rather then not try at all. I'm currently developing my knowledge into how a business works since I'm very interested ever since i can remember. I am also improving my self discipline
@alexandrumihaiman7854
@alexandrumihaiman7854 2 жыл бұрын
The most important thing is to pay yourself first!
@philippezevenberg1332
@philippezevenberg1332 3 ай бұрын
You mean last?
@SimpleLifeSG
@SimpleLifeSG 3 жыл бұрын
Cash flow is important for all businesses.
@practicalwisdom-interestin2298
@practicalwisdom-interestin2298 3 жыл бұрын
Wh@ts@pp💬
@practicalwisdom-interestin2298
@practicalwisdom-interestin2298 3 жыл бұрын
+1⃣, 2⃣, 1⃣, 0⃣, 8⃣, 1⃣, 7⃣, 5⃣, 7⃣, 8⃣, 8⃣
@practicalwisdom-interestin2298
@practicalwisdom-interestin2298 3 жыл бұрын
Do well to tell her that I referred you to her, her business strategies are top-notch, she will be very helpful and supportive
@Lawrencekingsley01
@Lawrencekingsley01 Жыл бұрын
"To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis." - Robert Kiyosaki. I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already,got a new business my wife is managing, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made
@skoopqueen
@skoopqueen Жыл бұрын
Hey Lawrence,I will be happy if you could advise me, as I am ready to go the passive income path.
@Lawrencekingsley01
@Lawrencekingsley01 Жыл бұрын
Understanding the intricacies of investing is crucial. That's why it's important to have a reliable support system, such as a financial consultant, who can guide you, especially when it comes to selecting assets. Personally, I work with Regina Louise Collaro, an investment advisor who collaborates with a licensed wealth management firm. I must say that my financial journey has been exceptional under her guidance. Regina is widely recognized for her excellent services, so you may already be familiar with her. Thanks to her expertise, I have achieved financial stability and now earn a consistent monthly income through her passive income strategy.
@skoopqueen
@skoopqueen Жыл бұрын
That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
@Lawrencekingsley01
@Lawrencekingsley01 Жыл бұрын
She is easy to find , make a quick research of her on the internet with her name Regina Louise Collaro and leave her a message. I believe sh works with anyone independent of their location.
@witneywilliam
@witneywilliam Жыл бұрын
Personally, I'm blessed and realizing I'm not the only one working with Regina Louise Collaro. I will consider myself lucky. I've been able to feed and make a living through her advice and great work. For such a person as Regina, I owe her gratitude, support and endless prayers as it is not easy to gain access to such a competent and reliable adviser. Who isn't just wise but has all it takes to handle an investment and is good at what she does.
@SuccessMindset2180
@SuccessMindset2180 4 ай бұрын
Cash flow model is much more practical than model offered by motivational content makers
@wisdom-for-all
@wisdom-for-all 3 жыл бұрын
Revenue is vanity, profit is Sanity, but Cash is King 🖖
@northfinance7680
@northfinance7680 3 жыл бұрын
Nothing equates investing and when it's done properly, you don't need to get all worked up about money any more as it creates a lot of extra income.
@BigMonkLilMonk
@BigMonkLilMonk 3 жыл бұрын
Guess I’m the first and only one that needed this info today
@paulinajordan9047
@paulinajordan9047 3 жыл бұрын
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works
@beckansmith5224
@beckansmith5224 3 жыл бұрын
I totally agree with you, the stock market is the most profitable venture I ever invested in, I reached my goal of $500k yearly trade earnings. Setting realistic goals is an essential part of trading
@andrewpeter6783
@andrewpeter6783 3 жыл бұрын
@@beckansmith5224 Your right . Ever since I started investing in stock I've had a very good life
@jamesmorgan7066
@jamesmorgan7066 3 жыл бұрын
Having a stable investment package keeps you financially stable!
@harperauston3716
@harperauston3716 3 жыл бұрын
@@andrewpeter6783 the stock market is a vast platform to invest in. It's very profitable especially when you've got a trusted professional to assist you
@hunterlandon6280
@hunterlandon6280 3 жыл бұрын
I'm interested in this stock market but I don't know how to come about it . Any advice ??
@ibejibenson6065
@ibejibenson6065 3 жыл бұрын
Cash equivalents? Great content as usual but one crucial mistake there, buildings, machinery, and the rest are not cash equivalents, they are not even liquid assets.
@augustmae9081
@augustmae9081 3 жыл бұрын
I agree. ‘Cash equivalent’ is a technical term so should be used appropriately. Buildings, machinery, equipments would be fixed assets, inventory or investment properties depending on the nature of the business of the company.
@investinstyle-financeinves1181
@investinstyle-financeinves1181 3 жыл бұрын
The best businesses spend their money thoughtfully. The richest people do the same.
@ankitparker7234
@ankitparker7234 2 ай бұрын
Good explanation of business well done buddy
@abunawoscar8904
@abunawoscar8904 8 ай бұрын
Thank you for this knowledge
@leverage2279
@leverage2279 2 жыл бұрын
Could you elaborate on the free cash flow? Why is it very important? And why did you say that it isn't part of operational, investing, and financing cashflows? What's the use of the free cash flow? Is it the emergency fund, or it has other uses?
@adamelizondo6203
@adamelizondo6203 Жыл бұрын
1:12 none of those are cash equivalents. Those were all PP&E… Cash equivalents are things that can be easily converted into cash at least within 3 months.
@scroogemcduckrich9705
@scroogemcduckrich9705 3 жыл бұрын
buildings and equipment are NOT cash equivalent. they are the opposite they are illiquid assets. cash equivalent is commercial paper, bonds etc
@lovestory_billz
@lovestory_billz 10 ай бұрын
Great video
@yasd676
@yasd676 2 жыл бұрын
Insightful
@ouzerouyouhenyi7709
@ouzerouyouhenyi7709 Жыл бұрын
I wish to know how one can calculate their cash flow at the end of the year to know the profit the company has made for it's shareholders while paying employees salaries every month (case of a growing business that receives and spends money daily). Thanks
@ProfitCashGrowth
@ProfitCashGrowth Жыл бұрын
I think its game changing when business owners plan their financial goals, and then monitor them weekly. This really helps drive performance by getting focus on the ultimate goal, of making profit and cash! This really helped me clarify my message in my latest video, thanks!
@aprozek7019
@aprozek7019 Жыл бұрын
You deserve to be popular bud😊😊
@PracticalWisdom
@PracticalWisdom Жыл бұрын
Thanks! Glad you like my content, feel free to share it with you friends if you think you can help them too!
@vickymoore7852
@vickymoore7852 2 жыл бұрын
Thank You
@tevorspace8812
@tevorspace8812 3 жыл бұрын
More lessons, more progression, thank you for the lesson.
@lasvsergi
@lasvsergi 3 жыл бұрын
Love ur channel
@jamessantiagovsky1882
@jamessantiagovsky1882 3 жыл бұрын
awesome video!
@viavohsamuel3706
@viavohsamuel3706 Жыл бұрын
How do you rescue or revive an unhealthy cash flow
@Truthseeker371
@Truthseeker371 2 жыл бұрын
Budget realistically. Cut out all the waste. Stick to your plans. Medium and long term planning is critical.
@jaydenss1
@jaydenss1 Жыл бұрын
At about 3 minutes did anyone else see the lady zoom in on the chart on the ipad and then try zoom in on a piece of paper 🤣🤣
@countryroadrider1669
@countryroadrider1669 Жыл бұрын
😂😂
@WealthbuilderzTV
@WealthbuilderzTV 3 жыл бұрын
Thanks breaking this down completely. I love it.
@orlandogateway5760
@orlandogateway5760 3 жыл бұрын
Diamond sounds like Graham, smile...
@maryfisher8862
@maryfisher8862 3 жыл бұрын
For more information on where to inves your initial capital this year
@maryfisher8862
@maryfisher8862 3 жыл бұрын
My mentor sir kelvin in highly informed and reachable on w.h.a.t.s.a.p.p
@maryfisher8862
@maryfisher8862 3 жыл бұрын
+1-2-0-5-5-4-7-3-3-1-0-
@coinbureauespanol5275
@coinbureauespanol5275 3 жыл бұрын
Thanks so much sir
@coinbureauespanol5275
@coinbureauespanol5275 3 жыл бұрын
Sir kelvin is my mentor too..
@AirbnbRentalEmpire
@AirbnbRentalEmpire 3 жыл бұрын
Informative stuff, keep it up!
@PGPRADEEP988
@PGPRADEEP988 2 жыл бұрын
thanks
@SY-sp8uo
@SY-sp8uo 3 жыл бұрын
Cash is king!
@renata25f
@renata25f 3 жыл бұрын
Jesus is king!
@vincentortega4284
@vincentortega4284 3 жыл бұрын
@@renata25f Amen
@noirbusiness
@noirbusiness 10 ай бұрын
Wow!
@suphanuthpepe6601
@suphanuthpepe6601 3 жыл бұрын
What if your apartment no tenant? Its become debt
@scroogemcduckrich9705
@scroogemcduckrich9705 3 жыл бұрын
fact
@LostCrape45
@LostCrape45 Жыл бұрын
Your apartment has to meet certain quality before you just throw your capital in it
@RamirArcega24
@RamirArcega24 3 жыл бұрын
2:51 LOL!!!
@donovancroker1153
@donovancroker1153 2 жыл бұрын
Same lmao.
@riggsmartins4033
@riggsmartins4033 3 жыл бұрын
Speaking of passive income and investments, I would go for the crypto currency
@lynnkoeffler8326
@lynnkoeffler8326 3 жыл бұрын
Yes, you are right, Bitcoin is a good business, making money is easier through investment, do not save your Bitcoin money and invest.
@brookeoconnor6427
@brookeoconnor6427 3 жыл бұрын
Yes, investing in Bitcoin with the guidance of an expert is the best and most profitable.
@charleyluckey2232
@charleyluckey2232 3 жыл бұрын
Exactly, it's really good to keep an expert with years of experience around. Like I have Mr. Larry Kent Nick, he has made many benefits for me
@susanbaxtron8422
@susanbaxtron8422 3 жыл бұрын
wow i'm surprised someone mentioned and recommended the expert Mr. Larry Kent Nick, Mr. Kent is the best ... he is the plug
@gabrielederson8472
@gabrielederson8472 3 жыл бұрын
I have this little interest in bitcoin, maybe I will give it a try. I could use that experience, but I will need more information about his services.
@ozhazem
@ozhazem Жыл бұрын
use small easy numbers not big ones
@melissalarson2569
@melissalarson2569 2 ай бұрын
Maybe Americans should require the fed gov to watch this video.
@alverzenongkhlaw5688
@alverzenongkhlaw5688 Жыл бұрын
PhD---- Poor,helpless and desperate.. -----Robert Kiyosaki
@PracticalWisdom
@PracticalWisdom Жыл бұрын
That's a good one :)
@momokotakai4688
@momokotakai4688 10 ай бұрын
Right off the bat you were wrong about cash equivalents….
@bvbxiong5791
@bvbxiong5791 Жыл бұрын
in this video you learn what cashflow is by a guy that read 5min of cashflow on wikipedia...
@MiguelSantos-rl1ir
@MiguelSantos-rl1ir Жыл бұрын
🤑💯✅
@theemporium5899
@theemporium5899 9 ай бұрын
2:53 😂
@animeshorts9445
@animeshorts9445 Ай бұрын
💀
@ketoacid3393
@ketoacid3393 3 жыл бұрын
What is this? An ad for rich dad poor dad ?
@casualplayer5504
@casualplayer5504 7 ай бұрын
8:30 She didn't know much people😭😭
@FinanzaDigitale-cw4qu
@FinanzaDigitale-cw4qu Жыл бұрын
😊
@tinaverble8424
@tinaverble8424 3 жыл бұрын
👍
@uutfathiaramadhini888
@uutfathiaramadhini888 5 күн бұрын
🙏🙏👍😊
@alicelang5178
@alicelang5178 2 жыл бұрын
A good attempt to talk about investments, but too superficial. Didn't work for me.
@JByrdLottery2021
@JByrdLottery2021 3 жыл бұрын
👍😎👍
@peaceheart5795
@peaceheart5795 3 жыл бұрын
❤️👍🏼
@maryfisher8862
@maryfisher8862 3 жыл бұрын
Thanks for commenting and do subscribe
@maryfisher8862
@maryfisher8862 3 жыл бұрын
For more information on where to inves your initial capital My mentor sir kelvin in highly informed and reachable on w.h.a.t.s.a.p.p
@maryfisher8862
@maryfisher8862 3 жыл бұрын
+1-2-0-5-5-4-7-3-3-1-0---
@cooky8922
@cooky8922 5 ай бұрын
wtf is wrong with subtitles??
@ritchy8114
@ritchy8114 3 жыл бұрын
Bow this dude got over 500k subs and gets 900 views in an hour 😂🤦🏾‍♂️
@scroogemcduckrich9705
@scroogemcduckrich9705 3 жыл бұрын
bought subs ??
@robertebertjr1951
@robertebertjr1951 3 жыл бұрын
Kiosaki is a joke.
@pickywolf2728
@pickywolf2728 3 жыл бұрын
He’s a legend ..!
@philv2529
@philv2529 Жыл бұрын
Have you seen how much money he charges for his POS boardgame?
@SylivesterMajoh-po3uc
@SylivesterMajoh-po3uc Жыл бұрын
Q
@joshuarichardson3589
@joshuarichardson3589 10 ай бұрын
Poor video. I'm an accountant. Furniture and buildings are not cash equivalents. They are assets, but not equivalent to cash in their liquidity. This video has many words but says nothing helpful.
@sohelam142
@sohelam142 Жыл бұрын
😂 nonsense
@MiguelMejia-wd5cd
@MiguelMejia-wd5cd Жыл бұрын
Yes even when fake companies are add with out permission they still are allowed under who's authority it's wrong
@abunawoscar8904
@abunawoscar8904 8 ай бұрын
Thank you for this knowledge
@theemporium5899
@theemporium5899 9 ай бұрын
2:53 😂
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