{"id":12189,"date":"2019-08-02T16:18:52","date_gmt":"2019-08-02T20:18:52","guid":{"rendered":"https:\/\/www.duck9.com\/?p=12189"},"modified":"2019-08-03T00:11:17","modified_gmt":"2019-08-03T04:11:17","slug":"episode-6-money-inmoney-out","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/episode-6-money-inmoney-out\/","title":{"rendered":"Episode 6; Money In,Money Out"},"content":{"rendered":"
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7\/19\/19, 10:08 AM<\/a><\/div>\n
\nEpisode 6; Money In; Money out. <\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/span>Larry Chiang @duck9 (<\/b><\/span>@LarryChiang<\/a><\/b><\/span>)<\/b><\/span><\/p>\n
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7\/19\/19, 10:08 AM<\/font><\/a><\/div>\n

\n<\/span>#HowToNotGoBankruptAsAnEntrepreneur<\/a><\/span>Nothing of this is common sense. It\u2019s all counterintuitive <\/span><\/div>\n

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7\/19\/19, 10:08 AM<\/font><\/a><\/div>\n
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Thermodynamics. Heat transfers from hot to cold<\/p>\n<\/div>\n<\/div>\n

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7\/19\/19, 10:08 AM<\/font><\/a><\/div>\n

\nTiming the money coming in versus going out <\/span><\/div>\n

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7\/19\/19, 10:08 AM<\/font><\/a><\/div>\n
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Getting a cushion of cash<\/p>\n<\/div>\n<\/div>\n

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7\/19\/19, 10:08 AM<\/font><\/a><\/div>\n

\nHow Perpetual Promotion Machining does not violate the 2nd law of Thermodynamics. This is EUTWMPPM<\/span><\/div>\n

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<\/span><\/td>\nLarry Chiang @duck9 (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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\n#<\/a>EUTWMPPM does not need money. <\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
<\/span>Larry Chiang @duck9 (<\/b><\/span>@LarryChiang<\/a><\/b><\/span>)<\/b><\/span><\/p>\n
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7\/19\/19, 10:08 AM<\/font><\/a><\/div>\n

\n<\/span>#HowToNotGoBankruptAsAnEntrepreneur<\/a><\/span>Episode 6; summed up. \u201cYou should be making money while you make money\u201d #HTMMWYMM<\/span><\/div>\n

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7\/19\/19, 10:08 AM<\/font><\/a><\/div>\n

\n#HowToNotGoBankruptAsAnEntrepreneur<\/a>Thermodynamics. The nozzle at supersonic. This applies to money in, money out <\/p>\n

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7\/19\/19, 10:08 AM<\/font><\/a><\/div>\n

\n<\/span>#HowToNotGoBankruptAsAnEntrepreneur<\/a><\/span>At around $50,000 dollars a month, things get topsy turvy. Thermodynamics pun, intended. <\/span><\/div>\n

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7\/19\/19, 10:08 AM<\/font><\/a><\/div>\n
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How many times have you heard a millionaire say, \u201cI made a million and then I lost it. <\/p>\n<\/div>\n<\/div>\n

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7\/19\/19, 10:08 AM<\/font><\/a><\/div>\n
Disconnect money in from money out. Make the two have zero to do with each other AND YOU WILL NEVER GO BK<\/span><\/div>\n

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Larry Chiang @duck9 (@LarryChiang) 7\/19\/19, 10:08 AM Episode 6; Money In; Money out.  Larry Chiang @duck9 (@LarryChiang) 7\/19\/19, 10:08 AM #HowToNotGoBankruptAsAnEntrepreneurNothing of this is common sense. It\u2019s all counterintuitive  Larry Chiang @duck9 (@LarryChiang) 7\/19\/19, 10:08 AM Thermodynamics. Heat transfers from hot to cold Larry Chiang @duck9 (@LarryChiang) 7\/19\/19, 10:08 AM Timing the money coming in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-12189","post","type-post","status-publish","format-standard","hentry","category-stanford-entrepreneurship"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=12189"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12189\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=12189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=12189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=12189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}