Oct 13 • General discussion
Bank Account Blindness - Don’t Fall Into This Trap
If you’re running your business by checking your bank account balance…you’re likely flying blind.
Your bank balance tells you what’s there right now, but it tells you nothing about:
👉 What’s coming in (or not) next week
👉 What bills, taxes, or payroll are about to hit
👉 How much profit you’re actually making
👉 How much you can safely take home
👉 Whether that marketing campaign actually worked
We’ve seen 7 figure business owners with $200k in their account… and zero profit.
We’ve also seen business owners feel “broke” with $150k in the bank when they were actually sitting on healthy margins and just needed better allocation systems.
The truth is your bank account is just a snapshop and doesn’t tell the whole story about how much cash you have on hand.
Here’s what to do instead:
✅ Use a simple weekly financial dashboard that shows you
→ cash in / cash out
→ profit margins
→ what you owe (taxes, debt, upcoming payments)
→ what you can take home
→ and where your money is leaking
✅ Review it every month based on your profitability from the prior month before you make any big decisions.
This one change alone has helped 250+ of our clients feel more confident about what cash they actually have on hand.
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Bank Account Blindness - Don’t Fall Into This Trap
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