Hey Reader, I used to check my bank account way too often. We'd finish client work, send the invoice, and then... I'd just wait. Checking QuickBooks every couple days to see if payment came through. Wondering if I needed to send another reminder. It wasn't just the waiting. It was the mental space it took up. I'm trying to work on forecasts for clients but I'm thinking about who still owes us money. I see the same thing with so many of the firm owners and consultants I talk to. Accountants,...
3 days ago • 1 min read
The client reached out and said, "Josh, our customer wants a discount. Can I still record the revenue on this deal?" Honestly? I wasn't really sure. My team didn't know either. And the client needed an answer fast. So I opened ChatGPT and explained the situation. Within two minutes, I had an answer. But I wasn't about to just copy and paste it... I mean, let's be real, ChatGPT probably hallucinated half of it. So I asked for the source. Then I actually read it. And there it was. The...
29 days ago • 8 min read
Hey Reader,Back in college I joined the fencing club. I'd never fenced before, but I loved reading books like The Three Musketeers and The Count of Monte Cristo. I thought... how cool would it be to learn how to handle a sword? A few weeks in, I was getting the hang of it. Moving faster. Feeling confident. Then the instructor told me to stop. "Take off your mask," he said. "You're going way too fast. You still need to learn the fundamentals." Then he said something that completely changed how...
about 1 month ago • 8 min read
Stop doing all of that…you’re in your own way. I was talking with a coach I had hired, and he was giving me advice about how to free up my time. It was the same coach who had pushed me to start posting on LinkedIn every day and had offered countless other advice that made a huge difference in the way I operated my business I took his advice and canceled a number of weekly meetings I had with my direct reports, and I was amazed at how much better I felt about my time. At the same time…there...
about 1 month ago • 6 min read
Hey Reader, Summarized financial statements are a huge value add in any sort of financial reporting…and they are actually really easy to prepare. If you have the Model Wiz plugin, you can instantly generate dashboards like these right in your Excel file with a few clicks of a button. Today, I'll walk you through the importance of preparing summarized financial statements and provide you with a step-by-step guide on how to create them on your own. What We’re Going to Talk About 1. Exporting...
about 2 months ago • 6 min read
Hey Reader, I'm not a morning person. Like... at all. I need my beauty sleep. And when I wake up, the absolute LAST thing I want to do is exercise. But here's the thing. Our daughter's arriving next week. Which means early mornings are about to become my new reality whether I like it or not. So I've been forcing myself to hit the gym in the mornings. You know, to prepare. And honestly? It's been rough. But I go to this special gym where we all do classes together. Kind of like CrossFit but...
about 2 months ago • 7 min read
We were on a call with a high-value prospect — more than a prospect, really. A potential partner who could send us dozens of clients. My COO and I were excited. At one point, I asked, “How are things with your controller?” He laughed and said, “He’s a f***ing moron.” The room went quiet. Did we really just hear that? When we wrapped up, I asked my COO what she thought. “I can’t put our team in front of someone who talks that way about his own people,” she said. She was right. If this is how...
2 months ago • 6 min read
It was the most prestigious talk I had ever given. Fifty-five CEOs, all of them doing over $3M in revenue. The community? One of the most elite masterminds, SaaS Academy, founded by the impressive Dan Martell. (If you haven’t read Buy Back Your Time, you absolutely need to.) This talk had to go right. It was my one shot, and I didn’t want to blow it. So I prepared for weeks and weeks with the plan of giving them everything that I had, and more. Teaching Finance & Accounting to 50+ SaaS CEOs...
3 months ago • 6 min read
Hey Reader, You know what drives me crazy? When people talk about departmental budgeting like it's all about the spreadsheets. I mean seriously... most finance pros obsess over formulas and formatting while ignoring the actual hard part: Working with people. After building financial processes for dozens of companies, I can tell you this: departmental budgeting fails because of relationship breakdowns, not calculation errors. Your fancy Excel model means nothing if your Marketing Director...
7 months ago • 6 min read
Hey Reader, I’m super excited to share some big news with you today - we’re growing the team here at Your CFO Guy! 🎉 Over the past few years, it’s been incredible watching our community grow to over 400,000 LinkedIn followers and 100,000+ newsletter readers like yourself. All this growth means we need more awesome people to help us continue creating valuable content and supporting our community. We’re Looking for Talented Team Members We have three positions open, and honestly, they have a...
9 months ago • 1 min read