
Pull Up And Thrive with Stephen Capps
Many start their businesses seeking more flexibility and family time, but instead, they often feel overwhelmed by insurmountable work, stressed by growing responsibilities, burned out from long days and sleepless nights, and guilty for losing precious time with loved ones. I'm Stephen Capps, and I help overwhelmed business owners overcome adversity to achieve the life and business they desire. But my journey wasn't smooth. I started with a dream that quickly turned into a nightmare. In less than a year, I lost my wife to cancer, our largest customer, got remarried, and faced near financial ruin. I learned that hard work alone wasn't enough. Through trial and error, I made every mistake possible, but I turned my business around from the brink of bankruptcy to debt-free and thriving. In each episode, I'll share the nuts and bolts of running a successful blue-collar business. You'll gain practical insights and strategies to overcome adversity, avoid burnout, and build the life and business you want. Tune in for actionable advice that will propel your business forward, featuring Stephen Capps, the expert who transformed his own setbacks into success.
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- Stephen Capps podcast
- Achieving work-life balance in business
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Pull Up And Thrive with Stephen Capps
Managing Cash Flow 101. Managing The Flow So You Can Avoid The Crash And Burn
What is cash flow? Why is it important? And why should I care? If you can’t answer these 3 questions you are what we call in the industry, out of business! In this episode, Stephen answers these questions and gives you the nut and bolts for cash flow management.
Are you living life at 40%? Take your life and business to the next level 1 on 1 coaching with Stephen
1- Take responsibility
Episode 38 No Excuses
2- Use booking software not a shoebox
3- Pay attention
-How much cash is on hand
-Payroll taxes due for next month
-Sales taxes due for next month
-Total bills due, bills due this week, is there a large bill or expense that I need to have money set aside for?
- If you get a large deposit for a job, set money aside for materials and other job expenses even if you “have other money coming in” don’t count on money that you don’t have in your bank account.
4- Have an accountant in your corner
5- Plan ahead
6- Avoid debt
Stephen's email connect@stephencapps.com
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