Bill Gates reveals the cash rule Microsoft learned after one customer stopped paying:"We had a dispute with our customer. They weren't paying us.""I'm gonna have enough money in the bank to pay everyone's salary for a year, even if nobody pays me anything.""So I was very conservative financially."The one-year payroll buffer was not fear. It was operating leverage: enough runway to outlast bad customers, slow payments, and bigger competitors with more capital.Cash buys judgment.@BillGates
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Bill Gates reveals the cash rule Microsoft learned after one customer stopped paying:"We had a dispute with our customer. They weren't paying us.""I'm gonna have enough money in the bank to pay everyone's salary for a year, even if nobody pays me anything.""So I was very conservative financially."The one-year payroll buffer was not fear. It was operating leverage: enough runway to outlast bad customers, slow payments, and bigger competitors with more capital.Cash buys judgment.@BillGates
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x.comandrew engler
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