INSPECT WHAT YOU EXPECT #investing #realestate #shortvideo #shortsvideo #business

5 Mar 2025 · 1 min

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Steve D Valentine delivers brief business advice emphasizing the importance of active financial oversight. He argues entrepreneurs and CEOs must have someone monitoring and maintaining financials (PLs, cash flow) so leaders can "inspect what you expect," and shares a personal anecdote about Tammy, who manages his personal and professional finances and liaises with their CPA. He notes common year-end spending behaviors (buying for write-offs) and the value of a financial manager who suggests ways to save or spend wisely.

Chapters

They're really good at spending money. We need to save money. It's a really weird thing. If you're running and operating a business as an entrepreneur or CEO or whatnot, you need to have somebody that is monitoring and maintaining the financials so that you can inspect what you expect. And understanding the P Ls and where your money's going and where it's flowing and have somebody putting it all in one place that you can see it is absolutely critical. I've been very fortunate to have the same woman in my life, Tammy, who has managed all of our finances, both personal and professional. And it is really important to find that person that can understand and communicate with your CPA so that they're constantly moving those things in the background and then they're coming to you with either ideas or ways to either save money, spend money. They're really good at spending money. We need to save money. It's a really weird thing, but it happens. A lot of us are trying to spend money at the end of the year for the write off and that's the guidance you need because it can save or impact you in a lot of different ways.