Richway Industries Snapshot

Richway Industries makes a variety of products, ranging from cellular concrete equipment to foam markers for agricultural and turf spraying. Learn more at the Richway website: http://www.richway.com

Normally published every Friday

Friday, November 22, 2013

Happiness is Positive Cash Flow




This slogan was from Boardroom Reports, a business newsletter to which I subscribed for many years.  "Watch the cash" became sort of a mantra for me by necessity, because a lot of times there was not any too much.  Frederick Adler was the author of a book by the same name (which I never bought) which was published by Boardroom Reports.  I did not buy the tee shirt either, but I did buy  the concept. The founder of Boardroom Reports recently died. The original newsletter is no longer published.


No matter how much profit you are making (on paper), if you do not have positive cash flow, sooner or later you will be in trouble.



This is an original 1982 tee shirt




The Janesville volleyball team won the State Championship in Class 1A last Friday evening.  My Congratulations to them. Coach Shelly Sorensen attributes it, in part, to hard work on the team's part which began when the current seniors were in fourth grade.  I have been planning a "Secrets of a Master Coach" post for a number of months and this makes it even more compelling.  Whatever all the reasons are, it points out once again:  

Success takes hard work!     


(By both the team and the coaches).



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