Growth feels like success. But for many South African SMEs, it’s the beginning of a cash flow management challenge. Rapid expansion without a liquidity strategy can quickly turn profit on paper into a real-world cash crisis.
We’ve seen it too often: founders chase expansion, add stores, hire fast — then get blindsided by liquidity pressure. The reality is simple: growth eats cash before it feeds it. Without discipline, success can sink you.
Here are four stories — Drip Footwear, Naspers/Prosus, WeWork, and Amazon — that reveal the difference between scaling smart and scaling into trouble.
Continue reading “Turning Growth into Cash: Lessons from Businesses That Got It Right—and Those That Didn’t”