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Relying on Your Cash Cow
It occurred to me while driving to work today that anyone with a job effectively has a cash cow. A cash cow being something that you can rely on to produce income.…
A company that sat solely on it’s cash cow is clearly taking a significant risk. Any person relying solely on their cash cow is also taking a risk – what happens if your employer goes bankrupt? what happens if you fall ill? etc.
Photo by Thomas Hawk.
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Home Business on December 20th, 2005 1:32 am
I agree whole heartedly. A cash cow should be used as a stepping stop to build and grow another cash cow for financial security and hopefully financial independance.
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