The Rise of Remote-Fractional CFO’s
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 15 October 2023
⏱️ 8 minutes
🧾️ Download transcript
Summary
Do you like the idea of a remote or fractional CFO?
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About Ryan Pineda:
Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.
Ryan has amassed over 2 million followers on social media and has generated over 1 billion views online. Starting as a minor league baseball player making less than $2,000 a month, Ryan is now worth over $100 million. He shares his experiences in building wealth and believes that anyone can change their life with real estate investing.
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Transcript
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| 0:00.0 | So for just typical CFO stuff, right? |
| 0:03.7 | Because you want to go higher as CFO. |
| 0:06.0 | I mean, obviously it's going to vary on industry, |
| 0:07.8 | but you're hiring a six-figure position to get a true CFO. |
| 0:11.9 | And I've seen the rise of remote CFOs or fractional CFOs. |
| 0:17.6 | And I think it's just such a great solution |
| 0:21.4 | for businesses at certain sizes. |
| 0:23.6 | Yeah, and you can leverage. |
| 0:24.8 | The cool thing is you can leverage the fractional part. |
| 0:26.8 | So what you may not realize with a fractional CFO |
| 0:29.3 | is they're spending part of their time on you, |
| 0:31.1 | but it's part of their time on 8, 10, 20 other businesses. |
| 0:35.4 | So they're actually using the Intel from that to serve you. |
| 0:38.7 | And vice versa. |
| 0:39.5 | So there's a lot of information gathering. |
| 0:42.1 | And personally, for me, it's a rewarding job |
| 0:44.8 | because I get to help all these different types of businesses |
| 0:47.3 | and see what's going on and be able to help them |
| 0:49.8 | and help them through content and across the table |
| 0:52.6 | to different business owners |
| 0:53.6 | and tell them what's working and what isn't. |
| 0:55.5 | Yeah, I'll tell you one thing I've loved |
... |
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