E83: Fly Your Business Three Mistakes High: Why Cash Flow Is the Oxygen That Fuels Success
ThriveMore with Roger Martin: Business, Health, & Wealth
Release Date: 06/12/2024
ThriveMore with Roger Martin: Business, Health, & Wealth
In this episode, Roger sits down with Victoria Pelletier, a seasoned corporate executive, board director, public speaker, and bestselling author of . The discussion begins with answering the essential question: Is personal branding narcissism or a necessity in today's business world? Victoria delves into her rapid career progression, sharing how she became a COO at 24 and a CEO at 41. Her journey highlights resilience, starting from working at a young age to climbing corporate ladders while leveraging confidence and authentic leadership. Victoria emphasizes the importance of personal branding,...
info_outlineThriveMore with Roger Martin: Business, Health, & Wealth
In today’s episode, Roger continues sharing business insights and wisdom from his book, . In this installment he delves into some crucial financial principles for small to mid-sized business owners, emphasizing the importance of cash flow management. Roger discusses the four leading financial indicators that are vital for your business to succeed. Key takeaways include maintaining at least three times the working capital you think you need, the significance of daily cash flow monitoring, and strategic ways to free up cash tied up in inventory and other assets. Roger stresses knowing your...
info_outlineThriveMore with Roger Martin: Business, Health, & Wealth
In this episode, fitness expert and author of the book, Diana Chaloux-LaCerte discusses strategies for high-performing professionals to improve their health and fitness. Diana is a seasoned entrepreneur, business consultant, fitness expert, author, and motivational speaker who is passionate about empowering people to build strength in mind, body, and spirit. As a two-time world champion fitness athlete, Diana is committed to arming her clients with the tools they need to embrace whole-body wellbeing. In this chat, Diana shares her personal transformation journey, the importance of...
info_outlineThriveMore with Roger Martin: Business, Health, & Wealth
In this episode, Marco Torres joins the show and shares his journey of building a billion-dollar business in real estate, losing it to the 2008 crash, and then pivoting to create a successful marketing company. Marco dives into his experiences with entrepreneurship from a young age, emphasizing the importance of value-add incentives over price cuts. In addition, he discusses his upbringing in Puerto Rico, various ventures in restaurants, nightclubs, and travel services, and the creation of , a marketing firm that helps entrepreneurs boost their sales using incentive-based marketing. In this...
info_outlineThriveMore with Roger Martin: Business, Health, & Wealth
In this episode, Roger sits down with Jesse Simpson, a former Marine and firefighter turned entrepreneur and advisor. Jesse talks about his mission to help entrepreneurs access business credit to finance their vision. This rollercoaster of a convo delves into the U.S. financial system, its fiat currency, and market instability. Jesse also shares his personal journey, including how a transformative one-way flight to Costa Rica seeking greater purpose resulted in subsequent travels around the world volunteering with work exchange programs to help improve the lives of others. Roger and Jesse...
info_outlineThriveMore with Roger Martin: Business, Health, & Wealth
In this episode, Roger engages with Brenden Kamarasamy, the founder of , a coaching program aimed at refining communication skills for executives and entrepreneurs. Brendan shares his journey from studying accounting to becoming a renowned communication coach, underlining the importance of effective public speaking and communication in business and personal growth. Brenden introduces actionable advice and frameworks, such as the RQV model, designed to help listeners overcome their fear of public speaking and enhance their communicative abilities. Brenden and Roger’s discussion further...
info_outlineThriveMore with Roger Martin: Business, Health, & Wealth
In this episode, Roger sits down with Fitz Koehler, an elite athlete, prominent race announcer, and best-selling author of , and Fitz has helped countless people live better and longer by making fitness understandable, attainable, and fun. As CEO of , she masterfully uses every form of mass media to lead people toward health and athletic adventure. After facing a life-altering breast cancer diagnosis Fitz turned her challenges into triumphs, becoming a beacon of resilience for countless cancer survivors around the world. In this hour Fitz shares her powerful story of determination, how she...
info_outlineThriveMore with Roger Martin: Business, Health, & Wealth
In this episode, Roger welcomes Lara Jones, aka “The Global Grit Expert.” Lara shares her incredible insights on developing grit - a quality she likens to a muscle that everyone can strengthen with practice. Having faced her own series of personal and traumatic challenges, including the loss of a child, Lara has crafted a unique framework known as the Global G.R.I.T. System. This unique blueprint is aimed at helping individuals and organizations identify and harness their grit and adversity. Through her story and expertise, Lara and Roger discuss the importance of belief in oneself, and...
info_outlineThriveMore with Roger Martin: Business, Health, & Wealth
This episode features an inspirational talk with four-time Olympic medalist and former world record-holding swimmer Kaitlin Sandeno. Roger and Kaitlin dive into her amazing journey from jumping into the deep end of elite swimming at a young age, clinching medals at the Pan-American Games, winning Olympic gold, and finding her calling outside the pool. In this chat, Kaitlin addresses the mindset required for high-level competition and how it translates into her present endeavors, including a cherished role as the national spokesperson for the If you've ever been curious about what it takes to...
info_outlineThriveMore with Roger Martin: Business, Health, & Wealth
In the midst of Q2 for 2024, Roger continues breaking down fundamental business facts from his book, . This snapshot pod addresses the difference between perceptive and objective data in business decisions. Drawing from chapter two, Roger emphasizes how decisions based on data, rather than perceptions, lead to fairer employee treatment and better company performance. This episode highlights the significance of linking every job role to specific, quantifiable outcomes to enhance transparency and motivation. Roger shares practical advice on confronting generalized statements with critical...
info_outlineIn today’s episode, Roger continues sharing business insights and wisdom from his book, An Insider's Guide to Business: Secrets from an Entrepreneur's Journey. In this installment he delves into some crucial financial principles for small to mid-sized business owners, emphasizing the importance of cash flow management. Roger discusses the four leading financial indicators that are vital for your business to succeed.
Key takeaways include maintaining at least three times the working capital you think you need, the significance of daily cash flow monitoring, and strategic ways to free up cash tied up in inventory and other assets. Roger stresses knowing your financial KPIs and using your balance sheet effectively to ensure your business has the 'oxygen'—cash—it needs to thrive and fly high.
Topics Include:
- Understanding Financial Leading Indicators
- The Importance of Consistent Cash Flow
- Managing Cash Flow and Credit Lines
- Monitoring Your Business's Financial Health
- Tips for Optimizing Your Balance Sheet
Roger’s Book: An Insider's Guide to Business Secrets from an Entrepreneur's Journey.
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