the.com/cashflow
profit is an opinion, cashflow is a fact.
means the actual movement of money in and out of a business or life, measured in real dollars on real dates, not promises.
from from accounting practice distinguishing paper profit from liquid reality; popularized as businesses realized you can be profitable on paper and still go bankrupt waiting for invoices to clear.
kills companiesmost bankruptcies happen to profitable businesses, not losing ones
three typesoperating, investing, financing — each tells a different lie
timing problemrevenue booked today, cash arrives in 90 days