The Fundamentals of Financial Growth with Michael King

Information isn’t the gap between failure and success—action is. Path for Growth’s 1-on-1 coaching helps you create a plan and execute on what matters most for your business. Apply today at pathforgrowth.com/coaching.Even if finances aren’t a strength for you, you need to put certain fundamentals in place. In this episode, Alex talks with Michael King, founder of KFE Solutions. Michael shares the four finance fundamentals every business needs and talks through specific action steps for business owners at different stages of growth. He also explains how fractional CFO services — which KFE Solutions provides — can transform a business’ finances. Today Alex is talking with KFE Solutions Founder Michael King (0:00:47) What was your career background that inspired KFE Solutions? (00:01:34) Can you give us the elevator pitch for KFE Solutions? (00:09:43) Why do so many business owners shy away from finances? (00:13:51) What are the foundations of finance, and what holds people back? (00:20:30) How should businesses approach evaluating finances? (00:27:43) Do you see the “sophistication bias” holding people back? (00:36:28) What steps should new business owners take first? (00:41:34) When should a business move beyond working with a bookkeeper? (00:49:27) What makes a great fractional CFO? (00:55:52) What encouragement can you give to someone who’s struggling with finances? (1:05:50) Helpful Links and ResourcesPath for Growth Membership Path for Growth One-on-One Coaching Sign up for the Worth It Wednesday EmailLearn more about the 2023 Path for Growth Experience – Leading LeadersDownload the Free Reading Guide Join Path for Growth on Instagram for more content.KFE Solutions Website If you’re ready to move beyond just gathering information and start executing on what truly matters, Path for Growth’s 1-on-1 coaching can help. Apply now at pathforgrowth.com/coaching.