<ul><li>This article provides 18 key financial strategies for first-time entrepreneurs to navigate the complexities of starting a business.</li><li>Advice includes building a self-funding business model, focusing on cash flow over profit, and generating revenue quickly.</li><li>Other tips involve maintaining liquidity, separating business and personal finances, and automating savings for taxes and emergencies.</li><li>Developing recurring revenue streams, mastering financial reports, and setting aside taxes immediately are also highlighted.</li><li>Additionally, advice includes cutting personal expenses while bootstrapping, building wealth through strategic investments, and controlling cash flow to control the business.</li><li>Furthermore, investing in the stock market for passive income, ensuring profitable unit economics, and growing slowly with a debt-free approach are emphasized.</li><li>The importance of paying yourself first for purchases is also underscored in the article.</li></ul>

18 Pieces of Financial Advice for First-Time Entrepreneurs

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