Ilias Tsagklis Archive

Why Cash Conversion Cycle Matters for Your Business

Cashflow is the bloodline of your business. Without adequate cashflow, operations halt and companies flirt with bankruptcy. As the old adage goes: Revenue is Vanity. Profit is Sanity. Cash is Reality. Given its importance, you would expect entrepreneurs to cautiously track and monitor their incoming and outgoing flows of cash. …

I got lucky…

Every once in awhile, I meet a person or acquaintance that implicitly or explicitly attributes my (quite honestly limited) success in business and entrepreneurship to luck. Trapped in their skewed perceived reality, they somehow fail to see the larger picture. Projecting their own lack of accomplishments to others and me, …

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