So this is the goal: To make money by increasing net profit, while simultaneously increasing return on investment, and simultaneously increasing cash flow.— Eliyahu M. Goldratt
Unforgettable Cash Flow quotations
Today I will go out with the flow of life and trust the process. I will not stress over things I can't control.
Never take your eyes off the cash flow because it's the life blood of business.
Overhead will eat you alive if not constantly viewed as a parasite to be exterminated. Never mind the bleating of those you employ. Hold out until mutiny is imminent before employing even a single additional member of staff. More start-ups are wrecked by overstaffing than by any other cause, bar failure to monitor cash flow.
It's better to cry than to be angry; because anger hurts others, while tears flow silently through the soul and cleanses the heart.
The fact is that one of the earliest lessons I learned in business was that balance sheets and income statements are fiction, cash flow is reality.
Pennsylvania is facing challenging economic times, a multi-billion dollar budget deficit, and negative cash flow projections. My Budget Deficit and Fiscal Stabilization Task Force will get to work to determine the scope of the challenges facing Pennsylvania and begin to discuss how we can get Pennsylvania's fiscal house in order.
The notion of saving the planet has nothing to do with intellectual honesty or science. The fact is that the planet was here long before us and will be here long after us. The planet is running fine. What people are talking about is saving themselves and saving their middle-class lifestyles and saving their cash flow.
You don't always need a plan. Sometimes you just need to breathe, trust, let go and see what happens.
Making more money will not solve your problems if cash flow management is your problem.
Rich people use debt to leverage investments and grow cash flows.
Poor people use debt to buy things that make rich people richer.
The most important word in the world of money is cash flow.
The second most important word is leverage.
Read a thousand books and your words will flow like a river.
If an asset has cash flow or the likelihood of cash flow in the near term and is not purely dependment on what a future buyer might pay, then it's an investment. If an asset's value is totally dependent on the amount a future buyer might pay, then its purchase is speculation.
Avoid debt that doesn’t pay you. Make it a rule that you never use debt that won’t make you money. I borrowed money for a car only because I knew it could increase my income. Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer.
The number one idea is to view a stock as an ownership of the business and to judge the staying quality of the business in terms of its competitive advantage. Look for more value in terms of discounted future cash-flow than you are paying for. Move only when you have an advantage.
Just let go. Let go of how you thought your life should be, and embrace the life that is trying to work its way into your consciousness.
You can't look at the intrinsic value of gold as you can a business.
Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.
Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth.
As long as you have more cash flowing in than flowing out, your investment is a good investment.
Time is like a river. You cannot touch the same water twice because the flow that has passed will never pass again. Enjoy every moment of life.
Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, it’s a good investment. Investors then just hope that those cash flows - and thus the company’s value - don’t decrease faster than they anticipate.
I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
We were always focused on our profit and loss statement.
But cash flow was not a regularly discussed topic. It was as if we were driving along, watching only the speedometer, when in fact we were running out of gas.
Empty your mind, be formless, shapeless, like water. If you put water into a cup, it becomes the cup. You put it in the teapot, it becomes the teapot. Water can flow or it can crash. Be water my friend.
If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction and cash flow.
We've done price elasticity studies, and the answer is always that we should raise prices. We don't do that, because we believe -- and we have to take this as an article of faith -- that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term.
Our greatest lack is not money for any undertaking, but rather ideas, If the ideas are good, cash will somehow flow to where it is needed.
To be weird is... to be braved and to be strong and to be against the flow and that is wonderful condition.
It is easier to invest for cash flow during a financial crisis.
So don't waste a good crisis by hiding your head in the sand. The longer the crisis lasts, the richer some people will become.
If you look at academic studies, you can see that stock prices are most closely correlated with cash flow. It's such a straightforward number. Cash flow is what will drive shareholder returns.
A one-night stand that waited three years to tell me I had a son.
I needed cash flow fast, It was time to get into the business.
Yesterday is a cancelled check. Today is cash on the line. Tomorrow is a promissory note.
Just as a fisherman must watch the ebb and flow of the tides, an investor and businessperson must be keenly aware of the subtle shifts in cash flow.
America should be working more with the Mexicans to prevent the flow of guns going south into Mexico that have fueled so much of the violence there, and the smuggling of cash and the money laundering that transnational criminal organizations have instituted in North America, including in the United States.
When I looked at my life’s ledger I realized I was a very rich woman.
What I was experiencing was merely a temporary cash-flow problem. Finally, I came to an inner awareness that my personal net worth couldn’t possibly be determined by the size of my checking account balance. Neither can yours.
Yesterday is cancelled check. Today is cash on the line. Tomorrow is a promissory note.
In a truly great company profits and cash flow become like blood and water to a healthy body: They are absolutely essential for life but they are not the very point of life
Without doubt, there are lots of ways to measure the pulse of a business.
But if you have employee engagement, customer satisfaction, and cash flow right, you can be sure your company is healthy and on the way to winning.
I had three weeks of prep on 'Wolfman,' a ridiculously inadequate amount of time to try to bring together the fractured and scattered pieces of the production. I had taken the job mostly because I had a cash flow problem, the only time in my career I've ever let finances enter into the decision process.
The freedom I give myself for the business is in deciding to take part in the Paris collections, but also having other retail strategies that are unlike anybody else's. Not necessarily going into malls, doing the business my own way - having different brands to cover different concepts, to be able to have the cash flow to carry on.
Our attitude toward cash generation and asset management came out of our own thought process. After we acquired a number of businesses we reflected on aspects of business. Our own conclusion was that the key was cash flow.
In Business School they taught us about cash flow, not about corporate politics;
about return on equity, not about egos and pride. Oh, there were optional courses on 'Organizational Behavior' and 'Managerial Skills,' but these were a little too bloodless to convey what I learned on the job.
The three most dreaded words in the English language are 'negative cash flow'.
Entrepreneurs believe that profit is what matters most in a new enterprise.
But profit is secondary. Cash flow matters most.