According to entrepreneur Tai Lopez, who discusses how to read a financial report, 80 percent of all entrepreneurs go out of business in five years. Full video below.
I was reading this little #knowledgesociety book of the day before I went to bed tonight. It emphasizes how as an entrepreneur you have to watch three key financial markers: your profits, your balance sheet, and your statement of cash flow’s. You can’t neglect any of those three.
For more information on financial reports, check out “How to Read a Financial Report: Wringing Vital Signs Out of the Numbers.”
