Listen "Why cashflow is better than ego"
Episode Synopsis
In this episode of the Savvy or Surrender Podcast, host Steven Young dives deep into the importance of cash flow over ego for business owners. He explains why big revenue numbers can be deceiving, shares actionable tips for managing cash flow, and discusses the Profit First method for financial health. Steven also shares real-world stories, common ego traps, and practical strategies to help you build a more profitable, stress-free business.Show Notes & Timestamps:00:00 — Introduction: Why cash flow matters more than ego00:44 — Welcome, subscribe, and podcast housekeeping01:03 — The problem with focusing on revenue over cash flow01:39 — Defining cash flow and its real impact03:18 — Phantom cash flow and the reality of business finances04:04 — Vanity metrics vs. real business health06:31 — The Profit First method explained09:10 — Understanding P&L, balance sheet, and cash flow statements11:40 — Real-world client story: Turning a business around with Profit First14:39 — Ego moves vs. savvy moves in business decisions16:51 — Smart investments and hiring strategies19:44 — How to get help and next steps for your business20:24 — Closing thoughts and quote: "You can impress people or you can pay yourself first. You decide."@savvytaxes savvyceoalliance.com savvyceoshop.com meetwithsavvy.com
More episodes of the podcast Savvy or Surrender - The Main Street Business Owners Guide to Maximizing Profit and Minimizing Taxes
Why Is My $1 Million Service-Based Business Broke?: Savvy or Surrender Podcast Episode 10
12/11/2025
Episode 9: When to DIY and When to Hire
05/11/2025
From Confusion to Clarity: Entity Structuring and Tax Write-Offs That Really Save You Money
15/10/2025
The Real Cost of Playing It Safe in Business
19/09/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.