

140. No BS Advice For Starting a Fractional CFO Firm in 2025
11 snips Nov 12, 2024
Discover crucial insights for launching a fractional CFO firm, emphasizing the need for strong sales skills and a supportive team. Learn how effective task delegation can enhance efficiency and scalability, with Giacon emerging as a vital tool for automating report generation. Gain practical tips for managing time and transitioning from a full-time job to entrepreneurship, while understanding the value of embracing imperfections in your journey. Great advice awaits for those eager to make a significant impact!
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Prospect and Sell
- To succeed in the fractional CFO business, you must prospect and sell.
- Prospecting involves telling people what you do and the problems you solve.
Prospecting Is Key
- The main reason fractional CFO firms fail is a lack of consistent prospecting, not other common reasons.
- Prospecting and sales are crucial for client acquisition and revenue generation.
Create a Sales Playbook
- While hiring someone for sales is recommended, create a playbook first.
- This playbook should outline target audience, problems, solutions, prospecting methods, and sales process.