191 Your Business Is Profitable and Broke with Abir Syed

Your profit report says things are great. Your bank account disagrees. What's actually happening?

In this episode, e-commerce CFO Abir Syed breaks down the profitability paradox that quietly kills growing businesses: why strong margins and a healthy P&L can coexist with a genuine cash crisis, and how founders who don't model their cash conversion cycle find themselves on a treadmill of expensive short-term debt they can never escape.

Abir, Anthony, and Chris dig into the three financial metrics that actually matter for most businesses, when pre-revenue startups can command higher valuations than revenue-generating ones, how big companies weaponize payment terms to manage their own cash flow at your expense, and what a financially well-run business actually looks like from the inside.

If you've ever stared at a profitable P&L while wondering why the bank account feels thin, this episode is the answer.

Keywords: cash flow management, financial statements, e-commerce finance, cash conversion cycle, EBITDA, accounts receivable, profit vs cash, founder finance, DTC brands, working capital