Ending Soon! Save 33% on All Access

How Crises Are Learning Opportunities The CEO of private equity company Daulat shares lessons he's learned about optimizing cash flow during difficult times.

By David Meltzer

Opinions expressed by Entrepreneur contributors are their own.

Rick Mirza is the founder and CEO of Daulat, a global private equity company. He talks with #ThePlaybook host David Meltzer about crisis management, generating cash flow, his relationship to money and adding value to people's lives.

Mirza discusses the importance of learning, using crises to gain knowledge. He recommends learning every day by seeking out those people with wisdom and experience.

Mirza talks about cash flow, not only as a source of business stability during uncertain economic periods but as a metaphor for happiness — prioritizing experiences with family and others to generate "life cash flow."

Mirza talks about his relationship to money, saying that consistently successful people make money work for them and not the other way around. He also discusses his favorite quote, "If you come across something of value that can do good for other people, it is your duty to share it with the world."

Related: The Importance of Partnership for Co-Founders

David Meltzer

Co-Founder of Sports 1 Marketing, Speaker, Author and Business Coach

David Meltzer, co-founder of Sports 1 Marketing and host of Entrepreneur's podcast, “The Playbook”, is a Top 100 Business Coach, global public speaker and three-time international best-selling author who has been honored by Variety as “Sports Humanitarian of the Year”.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.