- The Finance Gem 💎
- Posts
- The Finance Gem 💎 #104: How Budgets aren't Strategy and EBITDA isn't Cash
The Finance Gem 💎 #104: How Budgets aren't Strategy and EBITDA isn't Cash
Oana Labes, MBA, CPA & Jakub
August 09, 2025
Hi there,
Quick question: If your bank refused to increase your credit line tomorrow, would you survive?
Don't answer too quickly. A distributor with over $52 million in annual revenues I worked with would have said 'yes'—right up until it actually happened.
The CEO had told me straight up: "I don't have time for budgets. I'm busy growing my business."
What happened next is a case study in how the wrong financial focus leaves leaders blind to risks that are already in motion.
Upgrade to continue reading.
Become a paying subscriber of The Finance Gem to get access to this post and the entire archive of past posts, indexed by topic. Enjoy additional exclusive benefits like access to masterclass courses, webinars and Q&A sessions.
Already a paying subscriber? Sign In.
Reply