Day 5 About Basic Finance and Accounting Concepts Here's Some New Concepts
An asset is anything that an individual, company, or government owns that holds value and can generate future benefits. Assets are essential components in financial accounti
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Mridul Chandhok
Entrepreneur and Ger... • 10m
3 things one must take care while working on a business strategy-
🌟 Set your long-term goals but give the most priority to short- term goals and divide them in short tasks to achieve, which eventually will lead to the achievement of your long-term
Day 8 About Basic Finance and Accounting Concepts Here's Some New Concepts
In finance, Liabilities represent obligations or debts that an individual or organization owes to others. They indicate an outflow of resources, either cash or services, that
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Saket Sambhav
Adjuva Legal • 2m
Profit vs. Cash Flow 💸: The Silent Startup Killer! 💀
Heads up, founders! You can be 'profitable' on paper but still go bankrupt. Why?
Profit: Revenue - Expenses (often accrual-based).
Cash Flow: Actual cash IN ➡️ - Actual cash OUT ⬅️.
Problem:
This kind of short term memory loss happened to you?😭
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Vikas Acharya
Building WelBe| Entr... • 4m
Naval Ravikant (Angel Investor, Entrepreneur)
"Play long-term games with long-term people."
Success in startups comes from building relationships and thinking beyond short-term gains.
Imagine a company's purchasing team negotiates amazing deals with suppliers, getting extended credit terms (like a long payment deadline on your credit card). This frees up cash.
But what if the sales team is so good they collect payments from cust
Short-term stock market investment is a strategy designed to generate profits within 10 days to a month, sometimes even within 2-3 days. Our team has conducted extensive research and developed a strategy where potential losses are minimal, while prof