Prepare Your Business - Capital

In times of uncertainty, the best strategy is to do everything possible to preserve your capital and ensure credit will be available as needed.

D. Brown Management Profile Picture
Share
Leadership Tools for COVID-19: Prepare your business starting with the basics. 3 Key Business Requirements. Protect your Capital.

Learn from the lessons of history

The above points are not prescriptive in nature, but should definitely be considered as you and your management team prepare for the many many tough choices ahead. 

“If you haven't read hundreds of books, learning from others who went before you, you are functionally illiterate – you can't coach and you can't lead.” - General Mattis

We can all learn many lessons from history that are very applicable in today’s situation.  

18 tips that you can use to improve your cash flow:  



Related Training

Always Do the Math and Build Your Own Models
You will learn more in the process of building and refining your own models than you will in just reading 1,000 headlines. How much time do you spend developing your own models as a mechanism to learn?
Types of Trust - Breaking it Down to Build Effective Teams
Build your career, team, project, and company faster by learning to quickly develop trust, including being able to troubleshoot problems. Trust is a very broad term and too often misunderstood. Trust is a verb much more than a noun.
Calm and Deliberate Action
Slow is smooth and smooth is fast. This advice is invaluable when leading a team through a crisis. Calm and deliberate action is what's required, often from incomplete and conflicting information.