EPISODE
13
May 1, 2022

The Three Pillars

The Three Pillars

THE THREE PILLARS - BORING EPISODE ALERT - DO NOT LISTEN This episode is NOT for everyone. Few entrepreneurs know what the THREE PILLARS of financial reporting are, and even fewer know how to interpret them. These entrepreneurs never make a profit. They do not create value in their company. They are constantly out of cash.

THE THREE PILLARS - BORING EPISODE ALERT - DO NOT LISTEN This episode is NOT for everyone.Few entrepreneurs know what the THREE PILLARS of financial reporting are, and even fewer know how to interpret them. These entrepreneurs never make a profit. They do not create value in their company. They are constantly out of cash.

THE THREE PILLARS

PAST - Profit & Loss

PRESENT - Balance Sheet

FUTURE - Cash Flow Forecast

In this episode we are going to DEEP DIVE into each statement to make it explicitly clear how to understand and interpret each. You may not want to know this BUT YOU NEED TO!

Do not rely on your Accountant as they do not know how to use these in your business.

Successful Entrepreneurs are fluent in finance. You MUST be too.

Uncover Your Business's Financial Health

Take The Acid Test and in just 5 minutes, you'll receive a tailored Financial Fitness score, along with instant insights into areas where you can enhance your financial strategies.

Take The Test

More Episodes

Artwork from this episode

April 30, 2023

The Entrepreneurs Official Car Buyers Guide

Lease vs Buy, Ltd vs LLP, Electric vs Non Electric

View Episode Page

Artwork from this episode

March 3, 2024

Explosive Growth 7 Figure Deals Powerful Partnerships

Behind the Scenes with Mark & Martin Pow

View Episode Page

Artwork from this episode

July 21, 2024

Know Your Numbers 2024

Never shared before high level training

View Episode Page

Artwork from this episode

September 11, 2022

Red To Black

Most entrepreneurs are building businesses that will never make any money

View Episode Page