Ep. 613 - Ways to Increase Cash Flow, Feat. Zaid Rahman

Jason Schroeder talks with Zaid Rahman, CEO of Flexbase, about the cash flow crisis that quietly kills more construction businesses than bad projects ever do. Zaid shares the personal story behind building Flexbase, a client who stiffed his father's construction company, and explains how a credit card with sixty days of zero percent interest and integrated payment tools can give small businesses real breathing room. The conversation closes with a hard fact: every business that fails does so because it ran out of money, not because it ran out of good work. Additional Resources: =================== Playlist -    • Integrated Project Delivery (IPD): Why You...   Related Podcast - Ep. 5 - Finances - https://elevateconstruction.libsyn.co... Related Podcast - Ep. 558 - The Key 3 for Finances! - https://elevateconstruction.libsyn.co... What to Watch Next -    • How To Create A Construction Budget   What to Watch Next -    • How To Calculate Profit In Construction Pr...   Suggested Book - Traction - https://www.amazon.com/dp/B00A9Z973M Blog - https://elevateconstructionist.com/wa... Key Moments in this Podcast: ========================== 00:36 - Welcome to guest Zaid Rahman, CEO of Flexbase 01:52 - Zaid's background and how his family's construction ties led to Flexbase 05:05 - The 10 stages of a business life cycle and cash flow at every stage 05:47 - The origin story: his father's client who refused to pay 07:31 - The real pain point: getting paid 100 days late 08:16 - How the Flexbase card works: 0 percent interest for 60 days 11:26 - Offering net 60 terms directly to merchants and customers 13:04 - The full platform: payments, bill pay, and eventually banking and insurance 16:36 - Clarifying that Flexbase is a software company, not just a credit company 18:36 - Expanding beyond construction to other small businesses 19:44 - Blockchain and the future of instant payments 21:12 - Why cash flow is the number one killer of businesses 22:19 - Closing thoughts on inflation, interest rates, and helping businesses when they need it most Ask yourself honestly whether your business plan accounts for cash flow as seriously as it accounts for winning the work in the first place. Resources ======================== Check out our website for more info: https://www.elevateconstructionist.com/ Access resources to elevate your operations: https://elevateconstructionist.com/re... Listen to the Elevate Construction podcast: https://elevateconstructionist.com/po... Check out our training programs and certifications: https://elevateconstructionist.com/tr... Subscribe to my YouTube channel:    / @jasonwilliamschroeder   Learn More About Jason ======================== Jason Schroeder is the founder and COO of Elevate Construction IST, a company focused on elevating construction by providing valuable insights, effective solutions, and high-quality training. With his extensive experience in the construction industry, he created the Field Engineer Boot Camp and Superintendent Boot Camp, immersive training courses designed to produce high-performing leaders who can lead their teams in the right direction. Through Elevate Construction IST, he aims to scale his training programs throughout the nation to help more construction companies elevate their operations to the next level. ======================== Email: jasons@elevateconstructionist.com Phone: +1 (602) 571 8987 #Construction #ProjectManagement #Leadership