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Advice on questions to ask founders / CEOs on cash flow management? (alien.top)

submitted 1 year ago by SadSheepherder4971@alien.top to c/entrepreneur@indiehackers.space

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Hello - Cash flow management is the topic! I'm interested in learning how founders and CEOs think about, track, and monitor cash flows for your business. As I am reaching out to do my interviews, I am really interested in the following: What is one question, that if asked to you, would make you pause, think, and say 'hey that's a great question... here's how I would answer that question"

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[–] scotchtapeman357@alien.top 1 points 1 year ago

What exactly is your goal?

[–] YourAverageExecutive@alien.top 1 points 1 year ago

Built and sold ventures with vc/pe. I don’t, and haven’t had, any cash flow management or monitoring issues. It’s not that hard to do. Just a good financial model in excel and some type of accounting software checks the boxes until you’re big enough to warrant the bit kids of netsuite, sage, msft dynamics, SAP, etc. The important things are around setup of said software, export of said data, and import into financial models. Again, all very simple to do.

[–] travelguy23@alien.top 1 points 1 year ago (1 children)

Ask the questions you want the answer to.

Do you actuallly have a business or are you procrastinating.

[–] SadSheepherder4971@alien.top 1 points 11 months ago (1 children)

Testing hypotheses prior to building is the name of the game. Build after I understand the problem space better. So, my question is really centered around cash flow and what issues founders/ceos have when thinking about it for their businesses. That's all!

[–] travelguy23@alien.top 1 points 11 months ago (1 children)

You're trying to solve problems you don't have. You'll achieve more by starting a business.

[–] SadSheepherder4971@alien.top 1 points 11 months ago (1 children)

Fair. Except I'm attempting to understand if there is pain and problems for founders/ceos of their companies when it comes to cash flow management. And using that understanding to build a business solving that pain. So, different intent, but your comment is making me think my approach. Thanks~!

[–] travelguy23@alien.top 1 points 11 months ago

Solutions: use factoring, borrow money, raise investment money.