today’s bissett bullet: “the best thing you can do for your business is to build a six-month reserve for your personal and business finances.”
by martin bissett
building a three- or six-month cash reserve removes anxiety. it creates calm and confidence and avoids lowballing just to win work. it frees creativity and allows you to think clearly about new ways to help your clients or to communicate your message to potential future clients.
today’s to-do:
calculate your monthly expenses. not income but what it costs you to keep the lights on for a month. budget to save a small percentage of that each month until you have built enough of a reserve to keep going for six months without income.
see more bissett bullets here
