I used to think negative cash flow meant something was wrong. If more money went out than came in during a month, my brain immediately went, âWe need to make more money.â Coming from poverty and livin...
I used to think working harder made me worthy of making more money. Coming from poverty, foster care, and government assistance, struggle felt normal to me. So, when I became a business owner, I knew ...
13 years ago, I suffered a traumatic brain injury that completely altered my life. During a soccer game, I took a ball to the head so hard that I had to be resuscitated three times. For the next six m...
18 years ago, I was laid off with no notice. At lunch time, I was called into HR and told that I was going to be let go, effective immediately. No warning. No performance plan. And no severance. But t...
It took 10 years for my company to provide true income for myself and my family. For years, I treated my salary as âextra moneyâ for us. It helped us pay off debt, covered sports fees, vacations, went...
Most business owners say they want a long-term vision. A business they can grow into, pass down, or eventually sell. A company that supports their life instead of consuming it.
But many of those same...
There is a strange chicken-and-the-egg problem when it comes to building cash reserves. When business is slow, there is not enough money to save. When business is good, we finally are able to catch up...
The Power of the Reschedule: Your Business Does Not Need You Available 24/7
I used to think having awesome customer service meant that I was available all the time, no matter what was happening in my...
Financial leadership is one of the most misunderstood responsibilities of being a CEO. Many business owners assume it means being good at math, loving spreadsheets, or watching every dollar like a haw...
Resilience And Grit In Rebuilding: How I Survived
Two years ago, I thought one of my businesses was going to go belly up. Bankrupt. Doors closed.
I had failed to oversee (let go of) an employee corr...
Hereâs Exactly the Process Every Small Business Owner Needs to Know About Tax Liability
Tax liability can feel unnecessarily complicated when you own a business. You have federal taxes, state taxes, ...
Starting a bookkeeping business does not require a massive investment (I invested $9k into My CFO and paid my loan back in full within a year), a full team (I hired employees within months of launchin...
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