Ok, be honest, how many nights have you stayed up staring at the ceiling scared sh**less about payroll…

I’ve definitely had times in the past where “I” did…I remember the questions:

• Where is the money going to come from?
• Should I lay someone off? But, that’s horrible…
• Should I try to raise money? But that’ll take so long…
• Should I go borrow money? But, I already have so much debt…
• Maybe that big account will close this week?

I always used to tell myself, “this must just be a problem that ‘I’ have because I’m a small business, once I get bigger it’ll go away…” Little did I know, it gets worse!

I was recently talking to the CFO and VP of Business Development of a company that does over $20 Million in revenue a year and has 120 employees. I was cracking jokes about the days that I’ve scrambled to launch a product just to get enough money to make payroll…honestly, I was looking for a glazed look on their face.

What did I get?

I got a loud, “Oh man, we know how THAT feels…hahahahahahaha” as they smiled and winked at each other.

I thought to myself, “what the heck? are you serious, how in the WORLD can you guys have payroll problems doing $20 Million a year?”

The more thinking I’ve done, I realized that actually the faster you grow, the more you hire, the more your expenses go up. It seems that BIG corporations really do run quite tight most of the time.

It’s not even bad financial management, it’s just the results of aggressive growth.

So, tell me, have you ever stayed up at night thinking about payroll?

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