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Jim Anderson – Losing a Business

Overcomers Overcoming

Release Date: 05/20/2026

Jim Anderson – Losing a Business show art Jim Anderson – Losing a Business

Overcomers Overcoming

Jim Anderson recovered from losing a very profitable information technology business he had started. Through his business failure, he also lost his wife and business partner. That was because he now realizes his business was profitable on paper, but only in the short term. He was unaware of what negative cash flow was, which led to his business's collapse. However,   Do you want to know if your business is as stable as it seems on paper? If the market changes tomorrow, would your company be ready? Most founder-led, privately held businesses earning between $500k and $20M are profitable,...

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Jim Anderson recovered from losing a very profitable information technology business he had started. Through his business failure, he also lost his wife and business partner. That was because he now realizes his business was profitable on paper, but only in the short term. He was unaware of what negative cash flow was, which led to his business's collapse. However,

 

Do you want to know if your business is as stable as it seems on paper? If the market changes tomorrow, would your company be ready? Most founder-led, privately held businesses earning between $500k and $20M are profitable, but cash flow issues persist. You’re responsible for payroll, for families, and for long-term survival. Yet, no one ever trained you to understand the financial story your business is telling.

 

Jim understands that burden well. He has built and led a national company through rapid growth, cash flow challenges, market fluctuations, and the tough lessons when revenue exceeds stability. He has also worked with privately held business owners who were profitable but quietly uncertain.

 

What he has learned from his business experience is that profit measures performance. Cash determines survival. Over the past 30+ years, Jim has helped founder-led businesses uncover the deeper story hidden in their numbers — the patterns, risks, and opportunities often overlooked — and turn that insight into disciplined cash management and long-term resilience. The most common challenges he has identified include: revenue growth masking fragile cash flow, businesses overly dependent on the owner, lack of a clear framework for understanding what’s actually working, growth limited by the “cash Catch-22,” and leaders experiencing more stress than they admit.

 

Jim shares his past business failures as lessons learned. He admits he gained knowledge from his previous ventures without blaming those experiences. Instead, he has benefited from them and now partners with other entrepreneurs to help them avoid his mistakes.

 

You can learn more about Jim and his business at https://www.psalmtreecfo.com/.