Cashflow is EVERYthing

Well, it was great to meet Bruce Whitfield yesterday when I collected the R1000 "Business Startup" cash and touched base briefly with some of the Team from Radio 702.. Cecile, Pearl, Alistair and Tshego, a worthy competitor..

How High Can You Fly With R1000 Startup Capital?

My schedule for Wednesday includes an early morning shopping session to purchase materials for making new bracelet designs which will then be posted on the website, including a few tried-and-tested, much loved versions of the bracelet. I already have a few people (friends) who wish to make purchases. Someone once said to me that you first sell to your family, then your cousins, then your friends, then to strangers... That is a good technique for building a business... ripple effects, making the circle bigger each time.

I really need to get my team of ladies together, the new employees of this startup business, to make the bracelets... this business needs to fly. The best advice for a brand new business with very little start up Capital, is to drive sales, to sell as much as possible, as quickly as possible. Cash flow is everything in a new business and I'm already sensing that I need to build more stock early on in this R1000 Moneyshow  Business Startup Challenge, and to do that I need to multiply the Cash On Hand. Sales, sales, SALES... I call in the business from the North, the South, the East and the West. And if you're reading this, please get onto the website immediately and order your Christmas presents! These bracelets make wonderful stocking fillers!

Bear in mind that for every person in this Business Startup Challenge we each have a whole other life: a "day job"!! Can't drop the ball. But I am firmly convinced that an ideal way to start a new business is actually "moonlighting". What that really means, I think is, you work a full 8-10 hours in one job. Then after hours, you work a full 8 hours again on the Moonlighting Project... Am I getting enough sleep? Maybe after 12 November.