117. How I'd Start a Fractional CFO Firm From Scratch!
whatshot 10 snips
Jun 4, 2024
Ever thought of starting your own fractional CFO firm? Discover a strategic three-part blueprint to launch successfully, focusing on defining core values and targeting the right niches. Learn how to create efficient processes for client engagement and ensure your operations can scale. Dive into actionable tips that help you start and optimize your journey in the world of financial consulting!
09:33
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
volunteer_activism ADVICE
Define Your Values
Define your values before building a team or acquiring clients.
This prevents burnout by ensuring alignment and passion in your business.
volunteer_activism ADVICE
Prioritize Personal Goals
Prioritize personal goals over business goals.
This ensures your business serves your life, not the other way around.
volunteer_activism ADVICE
Price Before Service
Determine your desired income and work hours to inform your pricing.
Build your service offerings around your pricing needs.
Get the Snipd Podcast app to discover more snips from this episode
Mike, if you were going to start a firm from scratch tomorrow, how would you do it?
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.
Let's dive in!
_________________________
😀 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
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent nearly a decade 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 scale their firms and maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
The CFO Report