“Cash is oxygen.”
— Gary Vaynerchuk
Simplified Meaning:
Imagine you are trying to do anything important, like starting a business or even just taking care of basic life needs like food and shelter. Just as a person cannot survive without breathing air, businesses and day-to-day living cannot go on without money. Think about a store that sells delicious cakes. If the store runs out of cash, it can't buy ingredients, pay its employees, or keep the lights on; essentially, it stops functioning, just like a person would if they had no air to breathe. Money, or cash, keeps things running smoothly. For example, think of a family that has to pay bills, buy groceries, and save for emergencies. If they don’t have enough cash, they might struggle to meet these needs, leading to stress and difficulties. By managing money wisely, like saving a portion of what you earn and not spending more than you have, you ensure that you have the "oxygen" you need to keep your life, or your business, healthy and operating well.
