Cash Flow Will Humble Even The Best CEO's. Ep 18: Sam Shvarzblat

If you know how much money you're making, then you know how much to charge your client. Right? And then you're able to cover your overhead and you're able to actually deliver on the job. Knowing how long it takes is great, too, cuz I've heard people say, "Oh my gosh, [music] it's a great project. I'm I'm going to make $250,000 building this project." And then the next question I always ask them is, "How long do you think it's going to take you to build that?" Right. Uh I don't know, probably 2 years, 3 years. Great. So, now divide that $240,000 over 3 years. You're looking at a way smaller number [music] if you're looking at it from a perspective of cash flow, because you need to have monthly a certain amount of money in order to cover your expenses in order to deliver that product. So, it's [music] very nice that you're making a lot of money big picture, high level, but if it's not going to implement itself into your daily cash flow, and it's not going to give you what you need, [music] then sometimes it's better to take a smaller project with a slightly smaller fee, but it's going to be paid out much faster.