Earlier this month I had the pleasure of being on a speaker’s panel with top entrepreneur Sandra Yancey, founder of eWomen network. She was a bundle of energy and extremely motivating. She spoke openly to the room full of women business owners how she became a successful business owner.
Her presentation included a discussion about how important cash is to running and managing a small business. I nodded my head knowingly—having experienced cash flow problems many years ago in our business.
But she didn’t mean the cold hard kind of cash she meant this:
C: Care for yourself and take the time to improve yourself
A: Take action. Ask people you really want and need to meet how you can help them
S: Share what you have. Put good things into the universe and it will come back to you.
H: Harvest your relationships. Great relationships require care and feeding and harvesting.
Yes, it sounds like Steven Covey’s 7 Habits combined with Dale Carnegie and The Secret, but her point is that businesses are run by people and buy from people. Having strong personal relationships can take your business far—farther than a strong bottom line.
How is your CASH flow? Take the time today to work on it and you should reap the rewards later!