This is a YouTube video titled "Financial Literacy is key" containing a monologue or single-speaker discussion recorded on June 5, 2024. The speaker talks about financial education for business owners making under a million dollars a year, explaining the role of teaching financial understanding before hiring a fractional CFO.
I have a buddy. He doesn't do fractional CFO work. He teaches owners to understand their finances. He tries to play the gap between, like, you say, you're making like, 250 a year. Maybe you don't need a fractional CFO, but once you start making like, 500amillion a year, you're like, income. Then you have enough money to hire someone for $5000 a month to, like, figure stuff out for you. So he teaches the gap underneath fractional cfo, so, like, kind of like, you know, under a million dollars a year. And he teaches them how to manage their finances. And he does a lot of pts are in his program, which means I would assume a lot of pts would be in a category than that of needing a fractional CFO or a productized fractional CFO, which is maybe just $1,500 a month.
