In my book A Quick Start Guide to Financial Forecasting, I included a fun chapter at the end titled Thoughts About Forecasting, Business, and Money.
Here’s a fun sample about embracing reality.
From the book Loving What Is
by Byron Katie
“When I argue with reality, I lose—but only 100% of the time.”
“Arguing with reality is like trying to teach a cat to bark—hopeless.”
“If I think you’re my problem, I’m insane.”
“I’m a lover of what is, not because I’m a spiritual person, but because it hurts when I argue with reality.”
“Thoughts aren’t personal. They just appear, like raindrops. Would you argue with a raindrop?”
“When we stop opposing reality, action becomes simple, fluid, kind, and fearless.”
“We’re often quite sure about what other people need to do, how they should live, whom they should be with. We have 20/20 vision about other people, but not about ourselves.”
“Once you see the truth, the thought lets go of you, not the other way around.”
“Reality rules, whether we’re aware of it or not.”
Coming to Grips with Reality in Your Business
One of the central themes in these quotes is the importance of coming to grips with reality.
From a business perspective, it is super-important to get up close and personal with the financial reality of your business.
Do you have a minimum of one month of expenses sitting in the bank?
Is your debt under control? Is your debt going down… or going up?
Can you explain, in a 2-minute conversation, what happened to your cash last month?
Are you generating cash every month (as opposed to being a net user of cash every month)?
Do you fully understand that profits do not equal cash flow?
Your answers to those questions will go a long way in helping you embrace the financial reality of your business.
More Fun Thoughts on the Subject of Business and Money
Here are some more fun quotes about business and money that I included in my most recent book on financial forecasting.
A Quick Start Guide to Financial Forecasting: Discover the Secret to Driving Growth, Profitability, and Cash Flow Higher provides a straightforward, easy-to-understand guide to one of the most powerful financial tools in business: a reliable financial forecast. It will transform the financial future of your company and help you make better, faster, smarter business decisions. Order the book at Amazon. Or learn more here.