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About Mike Milan
Mike is one of the highest rated instructors in the nation on the topic of financial management for small business owners. He has built or helped build multiple companies from the ground up by transforming ideas into multi-million dollar enterprises.
Cash Flow Mike solved his first major cash flow problem with a combination of cash and receivable based businesses. To offset the lag time his hotel staffing company experienced while collecting invoices, he started a restaurant with the staff that was being underutilized in the hotels. This brought in cash every day and kept his workforce employed. Both services helping each other and creating a cash flow machine. You can expect this type of innovative solution, in every lecture, book or video produced by Cash Flow Mike.
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The course is great for small business owners and their advisers, who are trying to solve cash flow problems, secure bank financing or looking to increase the value of their company. Mike Milan explains the concept of D.U.M.B. (Don’t Understand My Business) business owners which means that flying by the seat of your pants, isn’t the way to build a lifestyle friendly business that creates wealth for the owner.
This book will arm new and seasoned business owners with the tools to better understand their business and avoid being D.U.M.B.
Here's an excerpt:
I lost ten years of my life. Yes, ten years. Lost might be a harsh term, but honestly, I just didn’t see it happen. Ten
years had come and gone before I could stop to think about what I had done. I had lived the “average” entrepreneur’s
dream and now lived to tell the story. At the time, it was chaos and bliss. I laughed and cried. I made mistakes and
executed a few phenomenal successes. I wouldn’t trade a day of the last ten years. The nagging question I had was why did it have to be so hard? Why did I have weeks/months where I didn’t get a paycheck, so I could pay everyone else? I agonized over cash flow and even changed my business strategy completely to alleviate some of the pressure. I never felt
like I was a D.U.M.B. business owner, but I was only kidding myself. Here is what I realized. My “trusted advisors” just
talked over my head. I didn’t understand half of what they said, especially when they used words like solvency and
Here's an excerpt:
Okay, so I never set out to write this book, but while I was writing, “Don’t Be a D.U.M.B. Business Owner,” I got stumped on Chapter 3 – The Home Run Financial System. Stumped might not be the right word, but I just couldn’t figure out how to cut down such a powerful topic into chapter-length without losing context. Therefore, now we’re stuck with yet another book on the shelf. The 7 Minute Conversation is the written adaptation of my most popular conference seminar presentation. I have performed it live over 100 times, and it never gets old. The information is timeless and super easy to use. So, I thought I could give it more respect if I just expanded on Chapter 3 and wrote this book as a supplement. The cool thing is, it can stand on its own. Here is the problem with this book. On stage, it takes me 60-90 minutes to explain The Home Run Financial System. In written form, it took me almost 100 pages. The goal? To have you work through the process in 7 Minutes per month or less! Thanks for taking the time to check it out.