Episode 142: Considerations for Becoming Cash Flow Positive
What We Cover In This Episode:
Some of the common ways to fund your fitness business [2:13]
The pros and cons of obtaining funding from outside of your personal savings [5:49]
What to be aware of in terms of equity investments [8:04]
Why are you considered cash flow negative once funded [9:42]
How to ensure that you become cash flow positive, and stay there [12:03]
Quotes:
"Maybe you could do personal income, a grant and maybe an investor, that would probably be the quickest way to get started, because you definitely want to limit the amount of money you're taking from other people, whether…
The skinny
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