Welcome to the CASH MACHINE Reading Room

1
Welcome to theCASH MACHINEReading Room
CASH MACHINE
Weekly at 12 noon, Pacific Time
July 12 September 6, 2007
2
Homework Review

• Questions?

3
Chapter 8

• Operations Finance
• Systems Structure

4
The Entrepreneurial Skill Set
Management
Marketing
Operations
Finance
Sales
6
5
Operations

• The machine that makes everything go
• The inner workings, infrastructure, systems and
  structure of your business

6
Team and Organization

• Future pace your team so you know whom you need
• At the BEGINNING
• As you get GOING
• As you GROW

7
Systems

• Accounting programs
• Marketing and sales databases
• Information technology

8
Finance

• NUMBERS drive business
• Income statement
• Balance sheet
• Cash flow statement

9
Entity Structuring

• Legal structures that help PROTECT you and your
  business
• Take ADVANTAGE of the governments intention to
  support entrepreneurship

10
MONEY MAKEOVER Dolly G.
FREEDOM PLAN
What I want financially per year from my Cash
Machine 30,000
Bookkeeping, QuickBooks trainer, payroll
processing, rentals/flip property
Ideas for my Cash Machine
Revenue to be generated 2,500/month
BUSINESS MODEL
SALES IDEAS
MARKETING IDEAS
TEAM

• Radio ads
• Flyers
• Office signage

• Researching book-keepers w/ QB advising
• Make extra revenue for QB file system setup

• Word of mouth from current clients
• CPA colleagues
• Banker colleagues

• Sister (teacher) to help w/ QB classes
• Mother to manage bookkeeping office as begin Cash
  Machine

BASELINE
Bookkeeping, payroll, billing, rental property,
superintendent at state fair
Current skills and how I get paid now
How much money I make
2,000/month
The most amount of money I have ever made
2,400/month
11
MARKET! MARKET! MARKET!
12
ASK FOR THE SALE!
13
The Secret Phrase
?
14
CASH MACHINE WORKSHOP
1,795
1,995

• Discover how to earn money with your skills
• Find Cash Machines you can build, buy or partner
  with
• Determine the best company model for you
• Learn how to build a skilled team
• Implement successful sales and marketing
  strategies

15
TAKE ACTION TODAY!
Register for Cash Machine http//www.liveoutloud.c
om/programCashMachineWorkshop.php Contact
Us strategy_at_liveoutloud.com or 1-877-7-GET-LOL