If the Income Statement is a movie, the Balance Sheet is a still photograph. It shows exactly where you stand at a specific moment in time.
Entrepreneurs love top-line revenue. It strokes the ego. But revenue is the enemy of intelligence. Profit is small, boring, and cash is silent. If the Income Statement is a movie, the
But here is the harsh reality of Harvard Financial Intelligence : If the Income Statement is a movie, the
Because she finally understood the most important number of all: . If the Income Statement is a movie, the
You have three financial statements. You will be tempted to ignore two of them. That temptation will kill your business.
"But did they pay you yet?"