Business Quote by Robert Herjavec
“Cash is the lifeblood of your business. There are very few things in business that will kill you, but running our of cash is one of those things. You can recover from almost any other mistake, but if you run out of cash you're dead.”
About This Quote
Source Speech: Business Advice, Robert Herjavec, 2015
Cash flow is essential; without it a business cannot survive despite other recoverable errors.
In simple terms: Cash is vital for survival.
Key Takeaway
Prioritize cash management.
Themes
finance
risk
survival
Mood
urgent
cautious
Type
advisory
practical
When to use this quote
- startup funding
- operational budgeting
- crisis planning
- investment decisions
Key Concepts
Liquidity
cash flow management
Questions to Reflect On
- How do you monitor cash daily?
- What buffers can you set?
A Different Perspective
Even with cash, other factors can cause failure.
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