The CFO Report

Discover how to transition from a part-time CFO to a full-time CEO, optimize productivity through energy management, and master trust-based marketing and sales skills for fractional CFOs in this insightful podcast.

In this episode, I'm breaking down 7 Fractional CFO firm myths - that I fully bought into - that slowed my firm's growth by over 70%. Don't make the same mistakes I made! _________________________ LINKS MENTIONED IN THIS EPISODE: The CFO Accelerator LIVE: https://www.thecfoacceleratorlive.com Have clients that need bookkeeping? Trust the bookkeeping firm we trust. Click here to learn more about Decimal: http://www.decimal.com/lp/cfo-accelerator?utm_source=CFOAccelerator&utm_medium=Referral&utm_campaign=Partnership&utm_content=&utm_term= _________________________ Interested in hiring MY firm to be your Fractional CFO? https://www.kfesolutions.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 📚 Have clients that need bookkeeping? Trust the bookkeeping firm we trust.Click here to learn more about DecimalMY FAVORITE FIRM TECH: ✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon✅ 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 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 😀

In this episode, I'm breaking down 7 Fractional CFO firm myths - that I fully bought into - that slowed my firm's growth by over 70%. Don't make the same mistakes I made! _________________________ LINKS MENTIONED IN THIS EPISODE: The CFO Accelerator LIVE: https://www.thecfoacceleratorlive.com _________________________ Interested in hiring MY firm to be your Fractional CFO? https://www.kfesolutions.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/new... 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/inn... 👉 The CFO Academy - My flagship course for quickly starting and scaling your CFO firm -https://cfo.thecfoaccelerator.com/aca... 📚 Have clients that need bookkeeping? Trust the bookkeeping firm we trust.Click here to learn more about Decimal MY FAVORITE FIRM TECH: ✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon✅ Kajabi - Love this for my website and marketing: https://app.kajabi.com/r/WaFg8TLv MY KEY LINKS 🌎 Website - https://www.thecfoaccelerator.com 👋 LinkedIn - / iammichaelking 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 😀

There are two types of Fractional CFO firm owners: There are those that are willing to take action and those that are paralyzed by perfection. In today's episode of The CFO Report, I'll share four areas where Fractional CFOs let perfection ruin their firms (and how to overcome it)._________________________ LINKS MENTIONED IN THIS EPISODE: The CFO Accelerator LIVE: https://www.thecfoacceleratorlive.com _________________________ Interested in hiring MY firm to be your Fractional CFO?https://www.kfesolutions.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📚 Have clients that need bookkeeping? Trust the bookkeeping firm we trust.Click here to learn more about Decimal MY FAVORITE FIRM TECH: ✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon✅ 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 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 😀

 I'm about to drop some brutally honest advice to Fractional CFO's that are struggling to get clients. The number one problem most Fractional CFO's face is getting more leads and closing more clients.  But somehow, I see way too many CFOs sitting back and waiting for the clients to come to them.  They think that if they post a few random things on LinkedIn or use AI to improve SEO, or maybe they think that they can drop $ 30,000 on a website, the clients are going to start somehow just to show up.  But guess what? They won't.  And you know that's true because those new leads haven't been showing up for you, have they?  In today’s episode of The CFO Report, I’ll share some harsh truths and honest advice about what you need to start doing differently to get more leads and close more clients.  Let's dive in. _________________________ LINKS MENTIONED IN THIS EPISODE -  💰 CFO Sales Masterclass - My 8 Step Sales Framework for closing CFO clients -  https://cfo.thecfoaccelerator.com/sales  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  📚 Have clients that need bookkeeping? Trust the bookkeeping firm we trust.Click here to learn more about DecimalMY FAVORITE FIRM TECH: ✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon ✅ 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 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 😀

Eight years ago, I became a Fractional CFO. It was the best decision I've ever made because, within a year of starting, I became a multimillionaire. That statement isn't just false; it's completely BS.  That's why I decided to move from being a Fractional CFO to being the CEO of a Fractional CFO Firm.  Today, I will share the five biggest lessons I've learned about the mindset shifts I had to make on that journey from being a solo Fractional CFO to being a CEO.  Let's dive in. _________________________ Interested in hiring MY firm to be your Fractional CFO? https://www.kfesolutions.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 📚 Have clients that need bookkeeping? Trust the bookkeeping firm we trust.Click here to learn more about Decimal MY FAVORITE FIRM TECH:  ✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon  ✅ 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 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 😀

How does somebody go from handing out lollipops at a bank to becoming a co-founder of a  Fractional CFO firm?  That's exactly what we're going to find out today in this week's episode of The CFO report. I'm talking with my friend Aaron Hill, who literally started his career handing out lollipops as a teller at a bank. And now he's running a very successful Fractional CFO firm in Atlanta, Georgia.  One of the most interesting things about Aaron and his firm, Watchpoint Group, is that they do the normal Fractional CFO  things like forecast and projections, but they also offer a service that  I haven't seen any other Fractional CFO firm offer.  What is that other service, and how did Aaron get his start? Let's dive in. LINKS MENTIONED IN THIS EPISODE:Aaron’s website:https://www.watchpointgroup.com/  Aaron’s LinkedIn: https://www.linkedin.com/in/aaron-w-hill/      _________________________   Interested in hiring MY firm to be your Fractional CFO? https://www.kfesolutions.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 📚 Have clients that need bookkeeping? Trust the bookkeeping firm we trust.Click here to learn more about Decimal  MY FAVORITE FIRM TECH:  ✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon ✅ 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 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 😀  

I just completed my eighth year in business, and honestly, it was a completely wild ride. Over the last 12 months, I adopted a 10-year-old boy, bought a home, and hosted the world's first-ever conference for Fractional CFOs. I also saw my second company hit seven figures, and I lost $500,000 in recurring revenue in one night….but my team and I made it all back up again over the next 60 days. As you might imagine, I learned a ton about myself and about business through the course of all of that. In today's episode of The CFO report, I will share the eight biggest lessons I learned in my eighth year in business. You're going to want to stick around until the end, because number eight was hands down the biggest lesson I learned this year, and it was the one that's made me the most money. Let's dive in. LINKS MENTIONED IN THIS EPISODE: Necessary Endings by Dr. Henry Cloud: Hardcover - https://amzn.to/43AWgKWKindle - https://amzn.to/3TNK3iD _________________________ Interested in hiring MY firm to be your Fractional CFO?https://www.kfesolutions.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   📚 Have clients that need bookkeeping? Trust the bookkeeping firm we trust.Click here to learn more about Decimal MY FAVORITE FIRM TECH: ✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon✅ 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/iammichaelking     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 😀  

You can probably see that I am not in my normal studio. In fact, I'm at the Louisville, Kentucky airport. And if you're wondering why in the world I'm here, well, it's for marketing purposes.  Today’s episode of The CFO Report is all about marketing, prospecting, and lead generation.  I see a lot of people who are doing marketing and prospecting wrong right now, and I see a lot of people making mistakes and having mindset errors around what marketing and prospecting should look like for a Fractional CFO firm.  I’ll also share with you some of the mistakes that I've made that I see other people making today with marketing and prospecting. In fact, one of these mistakes cost me over $100,000, and it was a complete bust.  I'm also going to show you what are some of the biggest and most successful firms doing for marketing and business development in 2024. Let's dive in. LINKS MENTIONED IN THIS EPISODE: The CFO Accelerator Live, held in Dallas, TX May 15-17, 2024:  https://thecfoacceleratorlive.com _________________________ Interested in hiring MY firm to be your Fractional CFO?https://www.kfesolutions.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   📚 Have clients that need bookkeeping? Trust the bookkeeping firm we trust.Click here to learn more about Decimal MY FAVORITE FIRM TECH: ✅ G-Accon - I save 40 hours a month with G-Accon. Save 30% here: https://cfo.thecfoaccelerator.com/accon✅ 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/iammichaelking    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 😀

Nicolas Boucher, a finance expert with experience at PwC and Thales, dives deep into the relationship between AI and fractional CFOs. He discusses whether AI will replace CFOs or enhance their roles, focusing on the transformative power of generative AI in finance. Key topics include how AI tools can streamline reporting, manage costs, and analyze financial data for SaaS companies. Boucher emphasizes the need for CFOs to adapt by embracing these technologies while maintaining a human touch in their practices.