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Richard Saltz Discusses Importance of Cash Versus Profitability

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Total Case Duration :

  • Date Added : 4/19/2002
  • Clip Duration : 1 min. 4 sec.

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Richard Saltz

  • Principal, Business Innovative Strategies, Int.
  • male
  • Caucasian
  • 1951 (Age: 68 years old)
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • Video 1 of 31 in this Case
  • View All Available Videos

Biography

Richard Saltz is the founder of Business Innovative Strategies International. His consulting company provides custom-tailored financial management, interim CFO, public relations and marketing management services to its clients who consist of emerging and middle market companies. He is also CFO for the Westport YMCA in Connecticut.

Richard Saltz has a B.S. and an M.B.A. from Cornell University. Richard currently serves as an Advisory Council member to Cornell's Entrepreneurship and Personal Enterprise Program.

When you look at financials and you look at, everyone says you have to be profitable. In my opinion, yes, eventually you have to be profitable. But to start out the only one who makes money when you're profitable is the government, you have to pay taxes on profitability. The more important thing ...(Full transcript available to logged in subscribers.).

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Richard Saltz videos

Video 1 of 31 Richard Saltz Discusses Personal Background
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 49 sec.
Video 2 of 31 Richard Saltz Shares Thoughts on Entrepreneurship
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 55 sec.
Video 3 of 31 Richard Saltz Discusses Experiences in Corporate Life and Decision to Become Entrepreneur
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 1 min. 6 sec.
Video 4 of 31 Richard Saltz Discusses Decision to Go Out On His Own
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 1 min. 5 sec.
Video 5 of 31 Richard Saltz Discusses Controlling Your Life As An Entrepreneur
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 27 sec.
Video 6 of 31 Richard Saltz Discusses Risk and Trade Offs of Being In Business For Yourself
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 30 sec.
Video 7 of 31 Richard Saltz Explains Temporary CFO Service Provided By His Company
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 1 min. 22 sec.
Video 8 of 31 Richard Saltz Shares Thoughts on the Consulting Mindset
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 17 sec.
Video 9 of 31 Richard Saltz Discusses Measuring A Business
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 42 sec.
Video 10 of 31 Richard Saltz Discusses Customer Base and Growth Plans
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 41 sec.
Video 11 of 31 Richard Saltz Discusses Revenue Strategy
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 57 sec.
Video 12 of 31 Richard Saltz Discusses Learning Analytical Skills From Mentors
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 35 sec.
Video 13 of 31 Richard Saltz States Being Quick is a Key To Success in Consulting
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 50 sec.
Video 14 of 31 Richard Saltz Shares Thoughts on Business Plans
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 2 min. 55 sec.
Video 15 of 31 Richard Saltz Discusses Importance of Executive Summary
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 57 sec.
Video 16 of 31 Richard Saltz Discusses Positives and Negatives of Hype
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 1 min. 2 sec.
Video 17 of 31 Richard Saltz Discusses Management Team Information that Should Be in Business Plan
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 54 sec.
Video 18 of 31 Richard Saltz Discusses Importance of Business Plan Establishing a Clear Leader
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 1 min. 8 sec.
Video 19 of 31 Richard Saltz Discusses Importance of Cash Versus Profitability
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 1 min. 4 sec.
Video 20 of 31 Richard Saltz Discusses Plan of Operations
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 1 min. 55 sec.
Video 21 of 31 Richard Saltz Discusses Helping Startups Define Their Strategy
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 2 min. 29 sec.
Video 22 of 31 Richard Saltz Discusses Methods of Getting Industry Information
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 59 sec.
Video 23 of 31 Richard Saltz Discusses Importance of Ethics
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 57 sec.
Video 24 of 31 Richard Saltz Stresses Importance of Controlling Cash Flow
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 2 min. 28 sec.
Video 25 of 31 Richard Saltz Discusses How to Determine the Amount of Cash You Need
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 59 sec.
Video 26 of 31 Richard Saltz Discusses Presenting the Business Plan to the VC
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 1 min. 8 sec.
Video 27 of 31 Richard Saltz Discusses Importance of Knowing Business Plan and Being Prepared
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 59 sec.
Video 28 of 31 Richard Saltz Discusses Process of Meeting with VCs
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 1 min. 19 sec.
Video 29 of 31 Richard Saltz Suggests Caution with Boutique VCs and Warns to Protects Ideas
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 57 sec.
Video 30 of 31 Richard Saltz Discusses Importance of Nondisclosure Agreements
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 0 min. 30 sec.
Video 31 of 31 Richard Saltz Discusses Surprises in the Field of Entrepreneurship
  • Richard Saltz - Interview - Business Innovative Strategies, Int.
  • 4/29/2002
  • Richard Saltz
  • 1 min. 13 sec.

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Richard Saltz Discusses Importance of Cash Versus Profitability
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