The Rise of Remote-Fractional CFO’s

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.8 • 2.1K Ratings

🗓️ 15 October 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Do you like the idea of a remote or fractional CFO?
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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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