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Q&A: “Managing cash flow across PayPal, Stripe, Venmo, and Etsy…”
Manage episode 504803740 series 2526728
What It’s About
Too many payment apps? Here’s how to turn cash-flow chaos into a clear system.
Notes from Chris
Episode 3171
Collecting money from customers used to be simple: you’d accept cash or a single PayPal payment and call it a day. Now we’ve got Stripe for subscriptions, Gumroad payouts, Etsy deposits hitting on Wednesdays, Venmo tips on Fridays, and maybe a rogue Zelle payment from an old client. Reconciling these streams can devour an entire Sunday—and if you don’t keep up, tax season becomes an archaeological dig.
Today’s caller’s dilemma captures a pain point that many modern creators face: revenue is up, but visibility is down. Money lands in half a dozen silos, each with its own fee structure and payout schedule. Today we’ll stitch those silos together into one clear, auditable cash-flow pipeline.
“My side hustle brings in money from half a dozen places—PayPal for digital downloads, Stripe for course payments, Venmo for one-off consulting, and Etsy deposits for physical products. It’s turning into a bookkeeping nightmare. What’s the smartest way to keep track of cash flow when the money lands in so many different platforms? I need a streamlined system before tax season turns into a disaster.”
Listen to today’s episode to learn more…
SEE ALSO:
- Catholic Designer Creates Stylish Apparel Line: What shall it profit a man to gain the whole world but not sell any t-shirts? This designer cast his bread upon the waters and ended up with a profitable fashion line.
- Seattle Couple Creates New “Income LiveStream”: When a married couple runs into logistical problems at their wedding, it leads to an innovative service that other engaged couples need during the pandemic.
- Role-Playing Pastor Rolls The Dice On $2800/Month Hustle: Listener success story! This Presbyterian minister turns to his lifelong interest in role-playing games to set up a sustainable second income source.
Inspiration is good; inspiration combined with action is better. Now get back to work!
Yours in the revolution,
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