Making a few mini money mistakes here and there isn’t uncommon for budding entrepreneurs. I made a habit of this during my first few years of entrepreneurship. Here’s the trouble with the philosophy I adopted: Over time, tiny neglect resulted in a cash flow crisis.
Individually, the money mistakes I made weren’t financially crushing. I got into trouble when I began to layer these babies on top of each other. After making several mistakes, I made matters worse by not taking the time to undo the mess or get myself organized -- I considered this time to be non-revenue generating and non-productive. I told myself that when I hit my revenue goal, I would take a few days or a week to get organized, fix my habits and ask my accountant for help. I didn’t want to distract myself from making money.
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