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	Podcast:		Optimal StartUp Daily
	Episode:		1934: [Part 1] Inventory Management And How To Handle Cash Flow For An Online Store by Steve Chou of MyWifeQuitHerJob
	Category:		Business
	Duration:		00:06:43
	Publish Date:		2026-01-16 08:00:00
	Description:		Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1934: Steve Chou shares hard-earned lessons from scaling an inventory-based ecommerce business, emphasizing the hidden financial pitfalls of managing cash flow and taxes while trying to grow. Learn why strong paper profits can still leave you cash-poor, and how smart planning is essential to avoid being blindsided during periods of rapid growth. Read along with the original article(s) here: https://mywifequitherjob.com/how-to-handle-inventory-for-your-home-business-using-principles-of-microprocessor-design/ Quotes to ponder: "You could be insanely profitable but from a cash flow perspective, you could be broke." "Writing 6 figure checks can be scary. But we make these large purchases because we KNOW that everything will sell over the holidays." "You can only deduct the cost of a product once you've completed the sale."
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