Mark MacLeodFounder, Limitless.ceo · The Startup CEO Coach | Helping ambitious CEOs & founders scale world-changing companies without sacrificing their health, happiness, purpose, or humanity

No more short-term strategy, Nicholas Reichenbach CEO at Flow Mineral - Startup CEO SHOW

6 Sept 2024 · 1 min

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Excerpt from a YouTube interview where Nicholas Reichenbach (CEO of Flow Mineral) emphasizes the critical CEO–CFO partnership, describes hiring a new CFO and transforming the company over 18 months, and announces the company will be profitable this quarter for the first time in 10 years after $250 million invested; he adds the company no longer needs a short-term strategy.

Chapters

There's two people that, like, really matter, the CEO and the cfo. And if they have a great partnership, boy, oh, boy, watch out, watch out, right? Those two people, like, are the cornerstones to progress and management. And so I hired a new cfo. We went in and we transformed the entire thing. It took us 18 months to do that. Now we announced to the market that we're going profitable this quarter for the first time in 10 years, $250 million later. And I just recently, two weeks ago, I said to the team something that's been on my mind for like, six months. I said, we, for the first time ever, don't have to think about a short term strategy.