A Money Management Secret . . .

Managing cash flow. It is the lifeblood of the business. It is a key aspect of coaching I address early in my journey when coaching business owners. With all of the powerful money management strategies we implement to bring stability in the business and confidence in the heart of the leader, one key concept is essential to understand. Master it and money management becomes much easier. What concept?

Money Management is Primarily Emotional Management.

More on this to come . . . until then, what do YOU think about this statement?

Scott Hay

AI Certified Consultant & Educator | Boosting Business Performance with Smart AI Solutions

9 年

I've seen that people buy on emotion and justify with facts...which leads me to conclude that at least half of the cash flow equation has a connection to emotion

Justin McAuliff

Organizational Development and Effectiveness

9 年

I would agree. I like that you used the word "Primarily" because that is probably where it starts but there are always multiple cogs that make the wheel go around. Thanks for sharing. Looking forward to the rest.

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