Episode 77: Why you should be your own chief financial officer
In this episode you’ll learn what role to never completely delegate and how it makes all your other roles easier
Discussed in this episode:
The 4 main business outcomes the CFO makes happen
The skills you develop as you learn how to do this
How mastering those skills makes your job easier
Taking on this role sets up a level of formality in your business
The real danger of not doing this
What a bookkeeper, an accountant and a financial planner do for you
What parts you should delegate
First steps in taking on the CFO role in your business
Links:
Be Your Own CFO YouTube channel https://www.youtube.com/channel/UCSbBrzq_xFJ66lcWQSXRNpw
Be Your Own CFO newsletter on Linked In https://www.linkedin.com/newsletters/be-your-own-cfo-6869009567674712064/
FREE Be Your Own CFO course https://damp-paper-4668.ck.page/bto-cfo
Day 1: Design Your Ideal Day
- Explore what your ideal day looks like as an entrepreneur and how to allocate your time based on entrepreneurial time rules
- Shed tasks outside your zone of genius and focus on activities that energize and fulfill you
- Analyze tasks and activities, determine their fit in your zone of genius, and understand the cost of holding onto them
- Build a step-by-step process to shed undesired or time-consuming activities, explore delegation in a new way, and escape business jail
- Learn how to execute your ideal day by chunking down activities, overcoming forces of perfection, procrastination, fear, and ego, and amplifying growth drivers for your business.
Register at https://bottlenecktobreakthrough.com/