Last Updated: Apr 26, 2017

Featured in Success & HuffPost

Step back and find perspective.

Our most recent big stressful situation was a cash flow issue. We were growing so fast that cash flow couldn’t keep up with accounts payable (we were running out of money because we couldn’t buy inventory fast enough to keep up with sales). After a brief moment of panic, I stepped back and tried to look at it from the perspective of coaching one of my clients. I came up with some logical solutions, weighed the pros and cons and implemented a plan; we extended our terms with vendors and secured a line of credit from our main banking partner to resolve the cash flow issue. Detaching allowed me to take the emotion out of the situation and focus on a solution.

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