🎙Meet @RyanLHolden, Group CFO on a mission to guide select service companies to the $100 million mark. 🎯Discover how he navigates the path to middle-market success without losing the essence of small business chaos. 🎧🚀
#RyanHolden#BusinessGrowth#MiddleMarketSuccess
@jayvas haha
I like the idea (I think @SecretCFO?) of clawing back executive pay by some % of consultant spend
basically penalize those using consultants to defer/pass the buck, give them skin in the game
Spoke with an owner operator today - business is good, but feels fragile at his stage
"survival mode" previously, "need more support"
"even losing 1 person is a major risk"
working long hours, context of increasing costs
"hard to get an answer" about how to grow out of it
@aymanalabdul Sounds like someone who can talk the path forward from DIY Entrepreneurship, but hasn't yet gained the self-awareness to effectively delegate in that context
I don't think I'm the cheapest around
but when I realize the systems overhaul* I can put together in 90 days can save my client a FTE hire
then in the right contexts I'm price competitive with a $6/hour VA
*esp if this is a one-off that "addbacks" for EBITDA purposes
@coo_jenni@erikfike Ok
Psalm 90:10 "The length of our days is seventy years--or eighty if we are strong"
current US life expectancy 2023 is 79.11 yrs (Macrotrends)
--the big diff has been avoiding things like infant mortality, not increasing genetic ceilings, so I find this still relevant
After 20+ years a family friend is closing shop due to personal health, couldn't sell
6 bay auto mechanic shop + mechanic in place + prime location + weekly spot on a top local radio station + 100k person city
Reminder - y'all's work mainstreams SMB ETA & improves communities
@lawyer4SMBs Solo dentists. I currently CFO a group practice, seeing what the next tier smaller needs, probably looking at more of a one-to-many solution.
@andrewglynch 1) flaw - people testing different personality types in work vs social, primary language vs acquired language contexts
also zone of mastery differentiates the 1) outcome, even if input process is the same
My job is to basically take a strength of Corporate America (financial management) and graft it into SMBs, helping them navigate through adolescence into the world of LMMs, without killing their spirit.
I love my job.