May 16, 2018
051 | Maneesh Sethi Survived 4 Business Deaths and the Shark Tank Squad before the “Shocking” Success!
Maneesh Sethi is the founder of Pavlok. The maker of hardware, software, and services that help people change their habits for good. The two flagship products are Pavlok and Shock Clock.
Do you have a few days every month where you worry and stress over whether your business will have enough money for the month? Whether payroll will be covered or any debt getting paid off?
This week’s guest, Maneesh Sethi, went through 4 near-business-death experiences. His fourth one is what led to his breakthrough, realizing that adjusting his terms with his suppliers would make a huge difference in his finances.
By swapping to 63 day net terms with his supplier and 60 day net terms with Amazon, he got rid of the days where there wasn’t enough money to pay the bills.
If you have a product based business and are continually struggling with a few days gap of cash flow problems, it’s time to sit down and have that tough conversation with your manufacturers, suppliers & distributors. In this episode Maneesh and I discuss how best to do that!
If you’re ready to stop stressing about your finances and ask for new terms from your manufacturers, suppliers, or distributors, this episode of Success Unfiltered is a MUST LISTEN!
Enjoy, and thank you for listening and tuning into Success Unfiltered!
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Special thanks goes out to Maneesh Sethi for taking the time to chat with Michelle. Be sure to join us next week for our next new episode!
P.S. Business Risks Can Be Foolish Sometimes. But NOT taking risks at all is just as short-sighted! If you want to get to the next level in your business, you’re going to have to put yourself out there. But you don’t have to bet the farm to score a win, either. Learn how to take risks in business the smart, savvy, and courageous way. Click HERE for my checklist, “The Calculated Risk Checklist: 3 Ways To Take Business Risks With CONFIDENCE.”
Here are a few key secrets we talked about in this episode:
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P.S. Business Risks Can Be Foolish Sometimes. But NOT taking risks at all is just as short-sighted! If you want to get to the next level in your business, you’re going to have to put yourself out there. But you don’t have to bet the farm to score a win, either. Learn how to take risks in business the smart, savvy, and courageous way. Click HERE for my checklist, “The Calculated Risk Checklist: 3 Ways To Take Business Risks With CONFIDENCE.”
Music produced by Deejay-O www.iamdeejayo.com