If this is you, start at the root of the uncertainty - your bookkeeping. This seems to always be the task that is saved for last minute tax prep, but you may have missed a year’s worth of good decisions, scaling, paying yourself!
@FiSavvy I think I may have saw you posting about this book before…as a result I am about halfway through eye opening the actual relationship with money I and most people have!
@mikehoffmann It’s possible but finding quality locations is the biggest piece that you don’t know until you know, this 100% makes or breaks your profitability.
The business model is simple, it’s scaling that is the challenge. Especially if you start while working full time.
You only need to know 3 things to understand finance.
I could have saved myself:
• Accounting degree
• Master's in accounting
• 10 years working at KPMG
• 10+ years as a VP of Finance / CFO
If I just learned to read these 3 financial statements:
The LIV analysts went off on the OWGR decision yesterday.
Jerry Foltz:
“This time last year, 15 players outside the PGA Tour were inside the top 50 of the OWGR. Right now, there are only 2 and both of those are LIV players who’ve won a major in the last 16 months. The only way to break into the top 50 on the OWGR, and thus get into the majors as it currently stands, is to be a PGA Tour member. They are truly just PGA Tour rankings.”
David Feherty:
“There’s really only one big loser in the whole thing, and that’s the golf fan. And the most important fans we have are sponsors that want the biggest names in their tournaments. There’s people above my pay grade who should be able to do the math.”
This clip is worth a listen.