The CFO Report: Recent Episodes
Michael King
Building a fractional CFO firm is HARD - but now you don't have to do it alone! Join Michael King each week on The CFO Report to hear the biggest lessons, tips, tricks, and hacks that he has discovered over the past 7+ years while building his top-rated online fractional CFO firm. You'll get actionable, practical ideas that will help you successfully scale your business and your impact.
What if I told you there's one simple thing that you can do in your firm that will result in
👉 better clients
👉 better paying clients
👉 increased operational efficiency
👉 more profits and more fulfillment
You might be surprised to find out that 73% of firm owners that I've surveyed aren't doing this.
What is it? It's defining a niche.
In today's episode, I'm going to share with you a four step process that you can follow to get a niche in your firm and start reaping all of these benefits.
Let's dive in.
✅ G-Accon - I save 40 hours a month with G-Accon.
Save 30% here: https://cfo.thecfoaccelerator.com/accon
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale,
and optimize your CFO services (and you can read it in 5 minutes or less!) -
https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients -
https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing:
https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Here's a question we don't spend enough time thinking about:
"How can I tell if a business is even ready for a fractional CFO?"
When you don't have that answered, you end up getting on dead end sales calls or leads try to haggle prices with you.
Both of those situations are a waste of everyone's time.
I've put together a list of 5 signs that signal that a business IS ready for a fractional CFO.
📌 PS - I'm also debunking a common myth about the role quality accounting plays as well! I'm sure this is going to fire up some people haha
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale,
and optimize your CFO services (and you can read it in 5 minutes or less!) -https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients - https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing:
https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
The fastest AND most sustainable way to scale your revenue and get yourself more time is by scaling your team.
But having a team can end up taking MORE of your time if you're not careful.
Especially if they're coming to you EVERY time they hit a snag or need to make a decision.
This happened to me early in my career.
I had to stop what I was doing, help them, and then get back to my work.
🤬 Ugh. Total time suck!
Luckily I had a mentor that helped me work through it.
In today's episode, I'm sharing the framework my mentor taught me so that you can empower your team, grant them more autonomy, and you can spend more time doing your work.
📌 PS - Be sure to share this episode with any other leaders on your team as well!
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) -https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients - https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing:
https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
I got the dreaded breakup text from a client recently.
When clients cancel, I take that as an opportunity to see if I can figure out what went wrong and how my firm can grow from it.
I also try to see if there's anything I can do to save the client.
In this week's episode, I'm diagnosing where things went wrong, what we're doing about it going forward, and what I'm doing to try to save the relationship.
LINKS REFERENCED IN THIS VIDEO -
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale,
and optimize your CFO services (and you can read it in 5 minutes or less!) -https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients - https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing:
https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
$500,000
That's how much just ONE fractional CFO client could be worth to your firm.
When you consider how much is on the line, you realize how vitally important it is to close every (good) lead that comes your way.
In this week's episode of The CFO Report, I'm sharing 3 things I do AFTER the sales call that helps me land more clients.
📌 PS - I PROMISE you aren't doing all three of these!
LINKS REFERENCED IN THIS VIDEO -
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale,
and optimize your CFO services (and you can read it in 5 minutes or less!) -https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients -https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing:
https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
One of my favorite quotes of all time is
"You will be the same person in five years as you are today except for the people you meet and the books you read." - Charlie ‘Tremendous’ Jones.
That is why I’ve read over 300 books in the last 10 years.
Today, I’m going to reveal 3 books that I’ve read that have had the most profound impact on my life and business.
BOOKS MENTIONED IN THIS VIDEO -
1. The 7 Habits of Highly Effective People by Stephen R. Covey→ https://amzn.to/43PU944
2. Unreasonable Hospitality by Will Guidara → https://amzn.to/3Kloz7C
3. The Advantage by Patrick Lencioni → https://amzn.to/3OzFUMD
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale,
and optimize your CFO services (and you can read it in 5 minutes or less!) -
https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients - https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing:
https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
One of the most common questions I get asked is:
Mike, if you were going to start a firm from scratch tomorrow, what would you do?
So I decided to answer that question in this week's episode of The CFO Report!
I'm sharing The CFO Starter Blueprint. These are the EXACT steps I would take if I was going to start over from scratch.
LINKS MENTIONED IN THIS VIDEO -
👉 G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
👉 Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
👉 How to Build Your Entire CFO Firm's Strategy (2023):
https://youtu.be/CCzJwTG0E38
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) -
https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients -
https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm -https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing:
https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
If you are even thinking about starting a fractional CFO firm in 2023 then you have to be aware of the 4 roadblocks that stop fractional CFO firm owners.
In this episode, I’m going to explain:
👉 Why RIGHT NOW is the best time in history to start a fractional CFO firm.
👉 The 4 roadblocks that are stopping people before they start.
👉 The 4 secrets to success - how maximize getting started and being successful!
If you'd like to check this episode out on YouTube you can do so here --> https://www.youtube.com/watch?v=st1TEIRAyrc
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) -
https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients -
https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing: https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
If you ignore these tips for your Fractional CFO firm, you're probably going to regret it later.
Whether your firm is stuck and you're
👉 Not gaining any traction
👉 Not getting any new clients
👉 Not increasing revenue and it’s just plateaued
It's probably because of one of these seven mistakes that we're going to talk about today.
LINKS I MENTIONED IN THIS EPISODE -
👉 Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
👉 FREE 8 Step CFO Framework: https://www.cfosalesframework.com/
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) -
https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients -https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing:
https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
The lifetime value of a fractional CFO client can easily exceed half a million dollars.
That's why it breaks my heart to see so many new fractional CFOs making the same five big mistakes when it comes to sales calls. 💔
Even one of these mistakes can be the difference between landing a client and losing them forever. Over the last seven years of running my own firm, I've made these mistakes. Countless times, and it's cost me millions of dollars.
I’m breaking down each of these five mistakes, and I'm gonna show you how you can avoid them forever.
LINKS I MENTIONED IN THIS EPISODE -
👉 Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
👉 FREE 8 Step CFO Framework: https://www.cfosalesframework.com/
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) -
https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients -
https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing:
https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
We all have the same 1,440 minutes each day, so time management becomes a crucial differentiator to achieving your goals and finding balance.
Learn how to be strategic, intentional, and disciplined with your time to maximize your productivity and impact with my time management system that I call the ACE method.
LINKS I MENTIONED IN THIS EPISODE -
👉 Pomodoro Timer
https://pomofocus.io/
👉 Stop Wasting Time (Time Management for CFOs)
https://youtu.be/uYsdojOWll0
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) -
https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients-
https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing:
https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Are you a fractional CFO looking to take your fractional CFO firm to the next level?
One crucial skill you need to master is camera confidence.
Plus, I share the 6 hacks that helped me develop camera confidence which has had one of the highest ROIs of any other business skill that I’ve developed.
FAVORITE GEAR -
Lights:
Key - GVM 100W Bi Color
Fill / Back - GVM 800D
Mic Stand:
Adjustable Boom Height Microphone Stand with Tripod Base
Tripod:
K&F 67”
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) -
https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients - https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing: https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Welcome to the CFO Report with Michael King, where we discuss starting, scaling, and optimizing fractional CFO services.
In this episode, we tackle a question we're frequently asked: Do you need a partner to build a successful firm in 2023?
Join us as Carlos discusses the topic of partnerships and the 3 key takeaways to creating and maintaining a strong partnership.
This is an episode you don't want to miss!
CHECK OUT MY FREE WEEKLY NEWSLETTER -
😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) -
https://cfo.thecfoaccelerator.com/newsletter
MY FREE ONLINE COURSE:
💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients -
https://cfo.thecfoaccelerator.com/sales
MY FRACTIONAL CFO PROGRAMS:
👉 The Inner Circle - Live training every month to help you scale your Fractional CFO firm - https://cfo.thecfoaccelerator.com/innercircle
👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm - https://cfo.thecfoaccelerator.com/academy
MY FAVORITE FIRM TECH:
✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon
✅ Ignition - The only platform I trust for contracts and payments. Save 50% for 3 months: https://cfo.thecfoaccelerator.com/ignition
✅ Kajabi - Love this for my website and marketing: https://app.kajabi.com/r/WaFg8TLv
MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking
WHO AM I?
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Ever wish your clients could understand their P&L so you didn't have to explain EVERYTHING to them?
Sure, we all do.
But figuring out how to explain it to them in terms they can understand can be challenging.
In this episode, I'm going to show you how I explain the P&L to our CFO clients.
My hope is that this gives you some ideas or inspiration as to how you might break it down.
Enjoy!
4 Steps to Launch a CFO Firm Playlist
Can YOU offer CFO services? (Part 1 of 4)
4 ESSENTIAL CFO Services (Part 2 of 4)
The REAL Pros and Cons of Offering CFO Services (Part 3 of 4)
7 Crucial Steps To Launch CFO Services Faster in 2022 (Part 4 of 4)
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Cash Flow Forecasting is fundamental to fractional CFO and virtual CFO services!
In this episode, my team and I answer 3 questions asked by our community about Cash Flow Forecasting.
👉 How complex does the Chart of Accounts need to be in order to produce a meaningful cash flow forecast?
👉 What should you do if your clients make big spending decisions without letting you know (thus making your cash flow forecast completely obsolete and meaningless!)?
👉 How can you reduce the amount of time it takes to generate a cash flow forecast?
🔥Our Black Friday Sales are now LIVE🔥
Head to www.theconnectedaccountant.com/black-friday to see the savings from our ONLY sale of the year!
More energy. Better relationships. Better attitude. Better business.
How'd I do it?
Three years ago today, I stopped drinking alcohol - and it changed everything for me.
In this episode, I walk through the benefits I've enjoyed as a result of quitting alcohol - along with 1 unexpected downside!
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Your fractional CFO or virtual CFO firm needs a strategy!
👉 How much should you charge?
👉 What services should you offer?
👉 What do you need to focus on RIGHT NOW?
But no one ever talks about HOW to set a strategy for your firm. This is part 3 of a 3-part series where I'm talking all things CFO Strategy.
In this part, I explain how I set quarterly priorities and monthly goals for my firm so that I know I'm working on the right things at the right time.
In part 1, I shared with you how I set personal goals and use them to inform the goals for my firm. I HIGHLY encourage you to check out part 1 before watching this video.
Click Here to listen to Part One
In part 2, I walked you through my 7-step framework for setting financial goals for my firm. I'll include how I make pricing decisions, determine how many clients I can serve, and how many clients I need.
Click Here to listen to Part Two
The 8-Step CFO Sales Framework👇👇👇
https://www.theconnectedaccountant.com/8-step-sales-framework-o
Onboarding with Excellence
CFO Tech Stack
Your fractional CFO or virtual CFO firm needs a strategy!
👉 How much should you charge?
👉 What services should you offer?
👉 What do you need to focus on RIGHT NOW?
But no one ever talks about HOW to set a strategy for your firm.
This is part, I'll walk you through my 7-step framework for setting financial goals for my firm. I'll include how I make pricing decisions, determine how many clients I can serve, and how many clients I need.
In part 1, I shared with you how I set personal goals and use them to inform the goals for my firm. I HIGHLY encourage you to check out part 1 before watching this video.
Click Here to listen to Part One
In part 3, I'll explain how I set quarterly priorities and monthly goals for my firm so that I know I'm working on the right things at the right time.
Click Here to Listen to 4 Essential CFO Services
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join nearly 1000 other fractional CFOs here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Your fractional CFO or virtual CFO firm needs a strategy!
👉 How much should you charge?
👉 What services should you offer?
👉 What do you need to focus on RIGHT NOW?
But no one ever talks about HOW to set a strategy for your firm. This is part 1 of a 3-part series where I'm talking all things CFO Strategy.
In this part, I'm going to share with you how I set personal goals and use them to inform the goals for my firm.
In part 2, I'll walk you through my 7-step framework for setting financial goals for my firm. I'll include how I make pricing decisions, determine how many clients I can serve, and how many clients I need.
In part 3, I'll explain how I set quarterly priorities and monthly goals for my firm so that I know I'm working on the right things at the right time.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
What does it take to go from part-time fractional CFO to full-time CEO of a fractional CFO (virtual CFO) firm?
Shannon Weinstein, CPA made the transition earlier this year.
In this episode, she shares some of the biggest lessons learned, mistakes, and tips that she learned in her journey.
Learn more about Shannon 👇
https://www.fitnancialsolutions.com/about
Are you serious about taking your firm to multiple 6 figures or 7 figures in 2023?
Check out The CFO Mastermind 👇👇👇
https://www.theconnectedaccountant.com/mastermind
Do fractional CFOs have to offer tax strategies in order to grow in 2022 and 2023?
More and more clients are asking for it - but is it the right move for you?
In this episode, I have a conversation with one of my coaching clients about offering tax strategies.
🔥Want more tips on how to start, scale, or optimize your advisory firm?🔥
TCA is a one-of-a-kind membership experience designed to shorten the learning curve and amplify results for fractional CFOs looking to build a multiple 6-figure business.
Join the community here: 👇👇👇 https://www.theconnectedaccountant.com/community
I just finished a sales call with a potential client that would be worth about $84,000/year.
At the very end of the call, they hit me with ONE question and I don't think they liked my answer!
The question was a valid one and it was totally reasonable.
But it was outside my boundaries and I had to stay disciplined - so I told them no.
Did it cost me the client???
Click here 👇👇👇 to sign up for the free 60-minute training, the 8-Step Sales Framework:
http://www.cfosalesframework.com
Where I break down the exact framework that:
• I used to raise my prices from $500/month to $5000/month• I've taught to 100+ other firm owners who have used it to raise their prices bythousands of dollars a month.
In 2011, I realized I had failed at success.
I thought I knew what success was and I thought I had achieved it - until one day I realized that I hadn't achieved anything AT ALL.
That day was the beginning of my journey to finding my WHY and redefining how I view SUCCESS.
In this episode, I share some of the painful truths of my journey along with the 4 big lessons I learned along the way.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO! Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Your monthly or quarterly CFO calls with clients have to stay strategic!
But what about:
👉 Urgent issues?
👉 Tactical questions?
👉 Topics that need to be addressed in between monthly calls?
That's where the CFO check-in call comes in!
In this episode, we walk one of our TCA PRO members through CFO check-in call best practices.
🔥Want more tips on how to start, scale, or optimize your advisory firm?🔥
TCA is a one-of-a-kind membership experience designed to shorten the learning curve and amplify results for fractional CFOs looking to build a multiple 6-figure business.
Join the community here: 👇👇👇
https://www.theconnectedaccountant.com/community
Are you tired of CONSTANTLY getting asked:
"What should I do about (question/problem/situation)"?
It can be SO annoying because you spend all of this time and money on hiring great people - but then they're constantly asking you how you want them to handle things.
Why can't they just figure it out on their own!?!
The harsh truth is that it's probably your fault.
Yikes.
In this episode, I walk you through a game-changing leadership mental model that will empower your team to take more initiative.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO! Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Are you already offering advisory services and now you're curious how to go from forecasts and projections to helping your clients achieve their goals and dreams?
In this coaching session, one of my clients asks how to take her CFO services to the next level.
🔥Want more tips on how to start, scale, or optimize your advisory firm?
🔥 TCA is a one-of-a-kind membership experience designed to shorten the learning curve and amplify results for fractional CFOs looking to build a multiple 6-figure business.
Join the community here: 👇👇👇
https://www.theconnectedaccountant.com/community
Getting negative feedback from clients STINGS.
As accountants and fractional CFOs, we pride ourselves on excellence - so negative feedback tends to hit us even harder.
But here's a hot take: Over the last 6+ years of running a firm, I've learned that negative feedback can actually be a HUGE advantage - if you handle it the right way.
In this episode, I share my 4 step process for handling and responding to negative feedback so you can get the most value from a bad situation!
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
"Why won't they just do what I tell them!?!"
It's so frustrating when our CFO clients won't do the things we advise!
We show them the numbers.
We give them the answers.
And then nothing.
Any time I'm faced with a client not taking action, I run through The Human Action Model.
In this TCA PRO group coaching call replay, I walk through the human action model and describe how to apply it to CFO clients.
🔥Want more tips on how to start, scale, or optimize your advisory firm?🔥
TCA is a one-of-a-kind membership experience designed to shorten the learning curve and amplify results for fractional CFOs looking to build a multiple 6-figure business.
Join the community here: 👇👇👇
https://www.theconnectedaccountant.com/community
A lot of firm owners think they need to drop their prices as we head into a potential recession.
The truth is, pricing isn't what's holding you back right now.
It's risk.
People are just more cautious right now - and understandably so!
The best way to overcome that perceived risk is by offering a money-back guarantee on your services.
Here's how to do it and why it's a great motivator for your team.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
One of the fastest ways to kill growth in your firm is by adding additional layers of complexity.
The thing is, sometimes that complexity feels necessary. But it rarely is.
Complexity actually robs us of the opportunity to fulfill our mission, scale our firms, and maximize our impact.
Today, I'm going to share with you:
• The 4 most common areas where people add unnecessary complexity in their firms
• What to focus on instead of complexity
4 ESSENTIAL CFO Services
https://www.theconnectedaccountant.com/podcasts/the-connected-accountant/episodes/2147742325
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
There is so much technology out there for fractional CFO firms and accounting firms!
Some of the tech is absolutely amazing! (Hello, G-Accon and Canva)
...while other tech doesn't quite deliver on the hype.
Today, I'm sharing my firm's absolute favorite, must-have tech!
And be sure to let me know your can't-live-without-tech in the comments section!
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Building a healthy team is hard.
Building a healthy virtual team is even harder.
As a firm owner, one of the most impactful things you can do to build a healthy team is to have periodic in person meetings.
For me, in person meetings have resulted in:
• More buy-in
• Increased trust
• Better collaboration
• Multiple 6-figure idea creation
In this episode, I share some of the benefits I've found from in person meetings along with some tips for how to maximize the ROI your firm can get from the investment.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Fractional / Virtual CFOs, Bookkeepers, and Accountants: there's an epidemic that's polluting our industries:
👉 It's accounting and bookkeeping work being disguised as CFO work.
In this episode, I cover why this is such a problem and what we can all do to solve it.
💥 Join our live panel discussion on August 29, 2022 at 7pm EDT / 4pm PDT. 👉 https://www.thecfodebate.com 👈
Hiring hot take:
It's hard to get great talent today.
What can you do to attract the best talent while not wasting a ton of time on the 4000 pretenders that apply for your positions?
In this episode, I'm going to share 4 game changing hiring hacks that will answer both of these questions.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
As the owner of a virtual CFO firm or accounting firm, you'll realize quickly that you need some help if you want to grow.
But who should you hire FIRST?
• A bookkeeper?
• A financial analyst?
• Another fractional CFO?
In this episode, I explain why hiring an assistant should be your first hire.
Plus I explain how an assistant will help maximize the value of your technical hires.
Your World-Class Assistant by Michael Hyatt
https://yourworldclassassistant.com/
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Leadership vs Management: What's the difference?
As a CEO of a firm, you not only need to understand the difference between the two...
But you also need to know the right time to lean into each.
In this episode, I explain the difference between leadership and management and explain when you should fill each role.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Have you been thinking about launching CFO services in your firm...
...but you're not sure exactly what steps to take to get started?
I've got you covered... and it's not as hard as you might think!
In this episode, I walk through the 7 steps you need to take to launch CFO services in your firm FASTER.
All things CFO services 4 part series links:
Part One
Part Two
Part Three
🔥 If you're serious about starting or scaling CFO services in your firm, you should check out The CFO Academy 🔥
The CFO Academy is built on the 7 playbooks I used to scale my firm over the past 6 years.
These are the playbooks that would have saved me years and hundreds of thousands of dollars in lost profits.
Go to www.thecfoacademy.com to learn more!
Accountants: Are you ready to start offering CFO services?
⚠️WARNING: IT MIGHT NOT BE RIGHT FOR YOU ⚠️
If you've been thinking about kicking off CFO or advisory services in your firm, this series is an ABSOLUTE MUST!
This is Part 3 of a 4 part series where I break down all things virtual/fractional/outsourced CFO services.
Is offering CFO services all that it's cracked up to be? Or is it just hype?
In this episode, I share the pros AND cons of offering CFO services.
🔥 If you're serious about starting or scaling CFO services in your firm, you should check out The CFO Academy 🔥
The CFO Academy is built on the 7 playbooks I used to scale my firm over the past 6 years.
These are the playbooks that would have saved me years and hundreds of thousands of dollars in lost profits.
Go to www.thecfoacademy.com to learn more!
Accountants: Are you ready to start offering CFO services?
If you've been thinking about kicking off CFO or advisory services in your firm, this series is an ABSOLUTE MUST!
This is Part 2 of a 4 part series where I break down all things virtual/fractional/outsourced CFO services.
In this episode, I share the 4 services ALL fractional CFOs should be offering to maximize client impact while balancing scalability.
🔥 If you're serious about starting or scaling CFO services in your firm, you should check out The CFO Academy 🔥
The CFO Academy is built on the 7 playbooks I used to scale my firm over the past 6 years.
These are the playbooks that would have saved me years and hundreds of thousands of dollars in lost profits.
Go to www.thecfoacademy.com to learn more!
Accountants: Are you ready to start offering CFO services?
If you've been thinking about kicking off CFO or advisory services in your firm, this series is an ABSOLUTE MUST!
This is Part 1 of a 4 part series where I break down all things virtual/fractional/outsourced CFO services.
In this episode, I explain what a virtual CFO is and how their services are different from a bookkeeper or an accountant.
🔥 If you're serious about starting or scaling CFO services in your firm, you should check out The CFO Academy 🔥
The CFO Academy is built on the 7 playbooks I used to scale my firm over the past 6 years.
These are the playbooks that would have saved me years and hundreds of thousands of dollars in lost profits.
Go to www.thecfoacademy.com to learn more!
I made a huge mistake as a leader - and I didn't even realize I was doing it.
In this episode, I'm going to share a huge lesson I learned about leadership that is GUARANTEED to help you level up your leadership game!
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
No one likes getting bad clients.
But the thought of actually FIRING them can be terrifying!
In this episode, I share my 5 step framework for firing bad clients, and doing it in a way that drastically reduces drama and anxiety.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
I needed some pro tips on time management and prioritizing my time.
My coach suggested that I start by writing my own obituary.
My only regret: I wish I had done it years ago.
It forced me to reflect on the kind of life that I want to live, the legacy I want to leave, and ultimately how I need to shape my fractional CFO firm so that it aligns with those goals!
This is a MUST LISTEN if you want help making sure your firm is helping you build the kind of life that you had in mind when you started!
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Accountants, Bookkeepers, CFOs: Do you struggle to STAY FOCUSED during the work day?
I do.
That's why this tool has been an absolute GAME CHANGER for me and my firm.
It allows me to stay productive, longer which means I get more done without working longer hours.
10/10 recommend.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
I don't belong here.
I'm not far enough along.
I don't have enough experience.
Even after 6+ years in business, I still suffer from imposter syndrome.
But over the years, I've found some ways to take action DESPITE those voices and so today, I want to share a handful of those lessons with you!
If you're a bookkeeper, accountant, or Virtual CFO (fractional CFO) that gets inside your own head from time to time, THIS IS FOR YOU!
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
If you want to amaze your new clients then you've go to NAIL the onboarding process! It is absolutely CRITICAL for starting off on the right foot with new bookkeeping, accounting, or virtual CFO (fractional CFO) clients!
A good onboarding experience will set the tone for the value you add, healthy boundaries, and what good communications look like.
In this podcast, I'm sharing my FIVE BEST PRACTICES for creating a world class onboarding experience for your clients.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
If you run a financial services firm, you should absolutely listen to this!
My firm just turned 6 years old (www.kfesolutions.com) and I'm breaking down the most impactful lessons learned and biggest mistakes I've made along the way!
All of these lessons are applicable to bookkeepers, accountants, and CFOs.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
THIS MISTAKE COST MY CFO FIRM OVER $100,0000!
I waited WAY too long to get processes documented in my CFO firm and it cost my team and I a ton of time, money, and frustration.
One of the biggest challenges I had was knowing WHICH PROCESSES to document.
I mean, we do hundreds of things a day.
In this episode, I'm breaking down the TOP SIX processes and procedures that changed the game for my firm.
They've saved me time, money, and my team is SO thankful for it.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
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https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
At some point in your business, you will most likely have to fire a client.
I know this isn't fun, but it's part of running a business. I've been in business for 6 years and I've had to fire many clients. There was actually a point in my business where I had to fire all my clients. How do you know when you should fire a client though? And what are the signs you should look out for?
In this episode, I'll be sharing 3 big indicators that tell me it's time to consider firing a client. This advice can help anyone with a business, but it's specifically for accountants, bookkeepers, and fractional CFOs.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
My pricing model has changed a lot from when I first started my fractional CFO firm.
In the beginning, I priced my services on an hourly basis - which was not great because of price shopping and constant comparison shopping. Not only that, but my income was unpredictable, which is not ideal in business. Over time, I changed to a MRR (monthly recurring revenue) pricing model which has worked great for my business.
In this episode, I'll be sharing some mistakes I made with previous pricing models and how I transitioned to MRR. If you're an accountant, bookkeeper, or fractional CFO who needs pricing guidance, this video is for you.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
We all deserve a roster full of clients that you are THRILLED to wake up and serve every day!
But I've learned that if you aren't intentional about how you select clients, you might end up with less than ideal clients (we've all had at least one of these, am I right?).
In this week's episode, I share the 3 step process my firm goes through to help ensure that we get clients we're passionate about serving!
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Should you raise prices right now?
Maybe!
In this week's episode, I share the top 3 indicators that it's time to raise prices for new clients. This is perfect for new firm owners and for firm owners who have been in the game for a while.
These indicators will help take the guesswork out of knowing when it's the right time - and when you should probably hold back.
I also share my top tip for how to approach price increases. If you're super anxious about "if I raise my prices and I get no new business, then I'm done for!", then is episode is just for you!
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
As financial types, we tend to put a lot of pressure on ourselves to increase our top line, bottom line, or cash flows at some rate or we feel like we're not growing fast enough.
But it's important to remember that not all growth in business is found on financial statements.
In this week's episode, I'm redefining what it means to grow in business.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description
Building a bookkeeping, accounting, or fractional CFO firm is HARD!
Especially if you want to make great money, serve great clients, and NOT work 80+ hours a week (like you probably did back in corporate America).
After almost COMPLETELY burning out several years ago, I started the process of completely rebuilding my business - this time on my terms.
Each week, I'm going to share the wins, the losses, the mistakes, and the lessons I've learned from the trenches of building the CFO firm of my dreams.
My hope is that you will be able to apply these lessons so that you can build the firm of YOUR dreams.
🔥 Want more tips on how to start, scale, or optimize your advisory services? 🔥
Check out The 5 Minute Fractional CFO!
Every Friday, I share 1 actionable tip to help you start, scale, and optimize your fractional CFO services. And you can read it in under 5 minutes!
Join here: 👇👇👇
https://www.theconnectedaccountant.com/blog?utm_campaign=Newsletter&utm_source=Podcast&utm_medium=description