May 18, 2009
Start a startup, become a low-income household

You look at assets and liability to judge the strength of established companies, but when you have a startup, you look at cash flow. Low-income families are the same way. When we talk about poor people living on a dollar a day, you don't get a dollar every day. It is a lump sum, and it is very irregular. The poorest households can recall their cash flows a month ago.”

Daryl Collins

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