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

ByDavid 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#ThePlaybookhost 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

Wavy Line
David Meltzer

Entrepreneur Leadership Network Writer

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”.

Editor's Pick

Related Topics

Business News

An 81-Year-Old Florida CEO Just Indicted for a $250 Million Ponzi Scheme Ran a Sprawling Senior Citizen Crime Ring

Carl Ruderman is the fifth senior citizen in the Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam.

Business News

Steve Jobs's Son Is Diving Into Venture Capital — and His Focus Hits Close to Home

Reed Jobs, 31, launched venture capital firm Yosemite, which already boasts $200 million from investors and institutions.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Business News

Goldman Sachs Senior Analyst Vanishes After Concert in Brooklyn

John Castic, 27, was last seen around 2:30 a.m. Saturday.

Marketing

Creating Your Marketing Strategy? Make a Pot of Gumbo First

Discover how to create a memorable marketing strategy by using the same steps as cooking a pot of gumbo.