LaTasha reads Larry’s financial statement, she is silent for about 5 minutes, then she speaks. ‘This is an impressive financial statement. You are a millionaire on paper, but your cash flow is very weak. You have no debt except for your property mortgages. The South Bronx property was a good addition. You spend no money except for necessities. I was right from the start, you are a hardworking man on his way to becoming a wealthy man.’ Larry is now the one who is caught off guard, “You can read a financial statement?” LaTasha, “Why are you so surprised? My major in college was Marketing, I had to have 3 finance classes to graduate.” Larry, “I’m not really that surprised, I’m more shocked on your sense of acknowledgement. Your attitude towards my work is much appreciated. Well time to get busy, let me show you the current strategy for La La’s Jewelry, then you can point out the weaknesses and make changes if need be.” LaTasha now feels vindicated about her decision to move forward with Larry as a business partner, “Alright partner, show me what’s on the table.”
