Young Man's Wallet

Friday, May 12, 2006

Stayin' alive!

As an entrepreneur going the bootstrap road, I've had to learn some new financial management strategies. From returning bottles and cans, cashing in rebates, and depositing every last penny into the bank to gather more interest, to borrowing more money than I ever thought reasonable!

Sometimes I think I'm just "buying time" while I figure out how to actually get my business to make money, and other times I really feel like the research and development efforts I'm committing to will eventually bear financial fruits.

Comparing money to sustenance, right now I'm focused on staying alive - creative enough cash flow to carry on, something like a scavenger, or bottom feeder. Next step will be something of a hunter, identifying the right prospects and tracking them through until the sale. And I feel like the final step will be the farmer, growing massive amounts of crops, food, or money.

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