My Business Has Cash-Flow Issues

The EntreLeadership Podcast

Lampo Licensing, LLC.

Entrepreneurship, Business, Management

4.7 • 4.1K Ratings

🗓️ 31 March 2025

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today we’ll hear about: A business owner struggling to cash flow projects A leader wanting to prepare his team for an ownership transition How a business doubled their revenue in one year Dave Ramsey’s advice on handling credit card fees Next Steps 📞 Have a question for the show? Call 844-944-1070 or send us a message: https://ter.li/ask-us 📚Learn about the EntreLeadership System: https://ter.li/system-p 💻 Get EntreLeadership Elite for your business: https://ter.li/elite-p ✉️ Sign up to receive tactical tools, advice and resources in your inbox every week: https://ter.li/enl 🏢 Attend EntreLeadership Summit: https://ter.li/summit 🎤 Attend EntreLeadership Master Series: https://ter.li/masterseries 📖 Preorder Dave’s new book, Build A Business You Love: https://ter.li/4zfr52 Offers From Today's Sponsors 💼 Go to Belay Solutions or text ENTRE to 55123 for their free resource! 💻 Visit NetSuite today to learn more 🧾 Visit Payority for a free consultation! 📈 Get started with Sales Gravy’s free resource, “The Small Business Owners Guide to Hiring Sales People” 📝 Use code entre15 to get 15% off your first year of Trainual Listen to More From Ramsey Network 🪑 Front Row Seat with Ken Coleman 🎙️ The Ramsey Show 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel Ramsey Solutions Privacy Policy

Transcript

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0:00.0	Hey, business folks.
0:02.1	Today's your last chance to pre-order my new book,
0:04.9	build a business you love,
0:07.1	and get the free e-book two weeks before the official book launch.
0:11.7	Plus, when you reserve your copy from the Ramsey store,
0:14.9	you'll get more than $350 in bonuses for free.
0:18.7	Go to Entreeleadership.com slash pre-order or click the link in the show notes.
0:28.1	From the headquarters of Ramsey Solutions,
0:37.3	this is the Entree Leadership Podcast, where I take calls
0:40.6	from leaders like you about what it takes to win at any stage of business and leadership.
0:47.4	I'm Dave Ramsey, your host, with over 30 years of experience leading alongside people
0:52.2	just like you in the trenches.
0:55.1	If you want to submit a question for this show and beyond the show, go to Entreeleadership.com
0:59.8	slash ask and type in what you're thinking about.
1:03.6	Our team will get with you, put you on the air.
1:05.1	Or you can call us at 844-944-1070, 844-944-1-44-1070, 844-9-44-1070. Bob is with us. Bob is in Minnesota. Hi, Bob. Welcome to the Entree podcast.
1:23.2	Hi, Dave. Yeah, I own a big contracting company, and we have 28 people, and, you know, we're in that $3 million your annual revenue category.
1:34.2	Good for you. Well done.
1:36.2	Yeah, thanks. My question would be is getting some ideas on how to finance large projects.
1:44.0	We run into cash flow issues when we work for a month, we get our contract, we work
1:49.6	for a month, and then all of a sudden we start, you know, incurring the cost up front,
1:54.6	buying the materials, getting things going, and then, you know, submit the pay request
	...

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