Boom! Shake the room, Fire Nation! JLD here and welcome to Entrepreneurs on Fire, brought to you by the HubSpot Podcast Network with great shows like my first million.

Today we are going to go through the income report for March 2022 and it is going to be fantastic.

Due to the time we are recording this in April, our CPAs, I am sure you can imagine, is absolutely underwater with the amount of work he is doing.

So we don't have the numbers at this moment in time, but if you do go to eofire.com slash income 103, we will almost for sure when you are listening to these words, have the gross income, the total expenses, the net profits and all of that jazz.

We are going to have a great episode for you. We are going to be talking about when you should hire a full time CFO, Chief Financial Officer.

We will talk about cease and desist and maybe show you a personal example that we had. So that is going to be from David, our lawyer.

We are also going to be talking about my one month trip in March that I took with some killer pictures and some cool explanations of what I was up to during my Bachelor party and solo trekking expedition.

So we have a lot of cool things to talk about. Kate is obviously going to be sharing some cool things as usual.

We are going to be talking about the projects planning and more that we are doing right now. We are doing a lot of work at our house, which is pretty awesome and exciting.

And there are some fantastic photos from that as well as I am going through this income report. It is just the photos alone.

You have to check out eofire.com slash income 103. And again, the numbers will be updated in there for you too when you get over there.

And we will get started as soon as we get back from thinking our sponsors. Are you looking for more income, more freedom, more time and to make more of an impact on the world.

Then creating an online course should be your next move. Get started with thinkific today at thinkific.com slash eof.

The Gold Digger podcast hosted by Jenna Koocher helps you discover your dream career with productivity tips, social strategies, business hacks and inspirational stories. A recent episode shares her best advice for multi passionate business owners. Listen to the Gold Digger podcast wherever you get your podcasts.

All right, Fire Nation. We are back and we have as I mentioned the intro a lot to talk about. So we're just going to dive in with Mr. CPA on fire. Ron. He's going to talk about when should we hire a full time CFO. Ron take it away.

Hello, John and hello Fire Nation. I'm Ron Parisi with CPA on fire for the March 2022 tax tip to all those fire nation. Hey, I'm really excited to be with you this month.

And today I'm going to be tackling a question that comes from you the audience fire nation. And this question revolves around financial help financial assistance with your business. And this entrepreneur asks when do I hire a CFO.

I just brought in a firm to do bookkeeping and quarterly review. They ask at what level at what revenue level do I want a CFO review monthly or having bring them on full time.

So I think this is a really interesting question. Something that a lot of my clients who come in our doors kind of question and that's you know what do I need to run my business what are need to run my business optimally.

And I always think you know when I look at you know great business books and coach business coaches and they talk about one of the foundations of a successful business is finance right.

And nobody really defines finance for for the entrepreneur. So I just thought I give you guys some real quick practical advice. And in my mind right I've been doing this 20 years CPA on fire we specialize in online businesses who are growing rapidly.

We do a lot of what's called BCF virtual CFO work for our clients. And I think the most important aspect of this is that I think behind every successful entrepreneur there's always you know some financial person some financial relationship to help guide that person you know through the journey.

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