This podcast shares insights from entrepreneurs, founders and CEOs on how they have grown themselves, developed their teams and successfully Scaled Up their organisations.
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This podcast shares insights from entrepreneurs, founders and CEOs on how they have grown themselves, developed their teams and successfully Scaled Up their organisations.
Episode 14: Entrepreneurs at Scale : With Alan Miltz , author, entrepreneur and founder of Cashflow Story
Entrepreneurs at Scale
36 minutes
2 years ago
Episode 14: Entrepreneurs at Scale : With Alan Miltz , author, entrepreneur and founder of Cashflow Story
On this edition of the Entrepreneurs at Scale podcast we are joined by Alan Miltz. Alan has dedicated his life to helping business leaders and everyone in their team love the numbers. Revenue is vanity, Profit is sanity and Cash is King (or queen) are usually his opening words.Alan is a co-author of the global best-selling book by Verne Harnish, Scaling Up (having written the financial component of the book).Alan believes that running a business is like managing a sports team, everyone needs to know the score. Every business wants to scale up their profit, cash and value. The Power of One developed by Alan and the team at Cash Flow Story is the code of your company. How many 1% or 1-day changes do you need to make to achieve your desired financial results. Everything Alan has developed has had one common theme – to make the complex simple. As a founder of Inmatrix (known as Optimist software) in 1998, which is now the global standard for over 500 banks in more than 50 countries. And more recently co-founding Cash Flow Story which allows non-financial individuals to easily analyse and improve business Profit, Cash & Value. This has helped 1000’s of businesses to scale 2x Profit, 3x Cash and 10x Business Value. Alan has been voted best speaker in Australia for TEC (the world’s largest CEO forum) and continues to speak at many CEO conferences globally including: CEO syndicate in Australia, Entrepreneurs Organisation and YPO. He also sits on the boards of 15 well-recognised companies globally.Some of the Key Takes outs from the Podcast :The importance of understanding Cash. Everyone needs to understand the story of cash.Simplicity. Remove the jargon and help non financial people love and embrace the numbers.The importance of hard work , persistence and never give up ! Have strong belief in yourself.Develop the art of listening : Listen and Silent share the same letters !!The Power of One is the code to grow your business.The business owner talks about Profit, Banks focus on debt service capacityThe Balance Sheet is as important as the Profit and Loss in your businessCashflow is the movement in your bank account.... and is KING!!Resources :Cashflow Story software - https://www.scalingup.co.uk/cashflow-storyThe Cash Flow Story software delivers unique insights into the financial performance of a business and drives improvement to Profit, Cash and Value using these powerful concepts we have created:Power of OneBusiness Value IndicatorThe 4 ChaptersThe Big 3 Cash MeasuresThe Power of One Template Power of One Blog
Entrepreneurs at Scale
This podcast shares insights from entrepreneurs, founders and CEOs on how they have grown themselves, developed their teams and successfully Scaled Up their organisations.
