Episode 191 – Doug Peterson – Business & Personal Cash Flow Mastery…

Sterling's Business Success & Coffee Podcast - A podcast by Sterling's Business Success & Coffee Podcast

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Set Yourself Up for Long-term Growth and Success with Doug Peterson   Cash flow is the lifeblood of a business. It allows you to pay your employees, buy inventory, and fund your marketing initiatives. Cash also keeps the checks coming in that are crucial for business survival. Join this conversation with Doug Peterson and learn how you can master cash flow to set yourself up for long-term growth and success. Doug Peterson founded Get Priorities Straight in 2018 to help business owners and high-income earners master their personal and business cash flow so they could reduce stress, eliminate waste and focus on what they do best. Before starting GPS, he coached and mentored business owners and executives for over 18 years to improve business results and find more satisfaction in life. While engaged in this arena, Doug discovered an underserved need; personal and business Cash Flow Mastery. You must be clear on your priorities and proactively align your money with what’s important before spending it. This requires a behaviour change to think and act differently. This is often not taught and is key to personal and business success. Tune in! In This Episode, You Will Learn About: [00:00] Episode intro and a quick bio of the guest; Doug Peterson  [02:53] What type of coffee is Doug drinking during this episode and a bit of coffee chat [09:44] Doug’s inspiration to focus on personal and business Cash Flow Mastery [20:25] Focusing on balancing between revenue and expenditure [14:42] What the current generation has lost in terms of mastery of cash flow [21:45] How culture could have predicted our behaviours with money [24:23] How setting clear priorities has had a shift in Doug’s life [28:42] How to reach out, connect or learn more about Doug’s work [32:30] Key takeaways from the guest for the listeners  [34:57] Doug’s next dream location, the book he would be reading, and why  [36:30] Ending the show and call to action Notable Quotes * When you have knowledge and information, you can make better financial decisions. * Most people who are good at making money are poor at balancing revenues and expenditures.* Our cultures and upbringing can have a great impact on our money mastery.  * Understand where your money is going by tracking down your expenses. Books Mentioned * The 7-Minute Setup: How to Achieve your Business and Personal Goals Faster and Easier by Frank Lopes: https://www.amazon.com/gp/product/B08797DQQ5/ * Habits Of A Champion by Dana Cavalea: https://www.amazon.com/gp/product/B07KPR7MZ3/  Let’s Connect Doug Peterson      Website: https://getprioritiesstraight.com/ LinkedIn: https://www.linkedin.com/in/doug-peterson-gps/ Schedule a meeting: https://go.oncehub.com/DougPeterson *****Thank you so much for listening. You can check out this episode and others on