Summary

In this episode of Founders Podcast, Ash interviews Mike Milan, known as Cash Flow Mike, who shares his journey from being a state trooper to becoming a successful entrepreneur and educator in cash flow management. Mike discusses the importance of understanding cash flow, the challenges he faced while building his businesses, and the lessons learned along the way. He emphasizes the significance of patience, controlling what you can control, and the innovative solutions he has developed in the banking sector. The conversation also touches on the role of software in business and Mike's current projects aimed at helping business owners and accountants manage cash flow effectively.

Chapters

00:00 Introduction and Motivation

02:51 The Journey to Cash Flow Mike

05:59 Understanding Cash Flow Through Experience

08:53 Building a Business from the Ground Up

11:51 Scaling and Diversifying Business Ventures

15:02 Transitioning to Software and New Opportunities

22:40 The Pain of Small Business Financing

24:03 Building Credibility in the Banking Sector

27:10 Transitioning to Teaching and Coaching

29:23 Innovative Cash Flow Management Strategies

32:21 Lessons Learned from Rapid Growth

36:33 Lightning Round: Quick Insights and Advice