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Vinnie Fisher is the founder of Fully Accountable, a company that provides back office solutions for small businesses, allowing them to focus their time and resources on building their businesses. Vinnie started out as a lawyer, but eventually moved into the accounting space, where he is now doing something truly revolutionary. Being at the forefront of these changes, Vinnie talks about how his company helps small businesses, while also sharing some tips, tricks and sound advice for entrepreneurs. Tune in to find out more!
Key Takeaways:
[:18] John introduces his guest for this episode — Vinnie Fisher.
[1:04] Vinnie is an attorney! How did he get into the accounting space?
[3:06] Vinnie’s is a perfect entrepreneurial story. His business grew from an internal problem that needed solving, into a solution used by hundreds!
[5:14] What is the Accounting Dashboard? Why is it so important for the small business owner?
[8:28] Most entrepreneurs lack any expertise to analyse and understand financial statements, so that aspect of the business ends up getting ignored.
[10:04] Higher revenue does not solve all problems!
[11:18] The question is do you go for growth, or profit? Unless you have unlimited access to capital, always prioritize profit, not growth!
[14:14] What kind of work does Vinnie do with CEOs of companies?
[16:53] John does something similar to Vinnie, in surrounding himself with his customers.
[19:10] If you want to change something, you’re going to have to accept the responsibility of the effort.
[20:48] Vinnie talks a little more about the benefits of the dashboard.
[22:35] Vinnie has some great giveaways on his website — his newest book, the metrics small businesses should use in their operation, and a strategy session!
[24:27] What are some of the failures that Vinnie has encountered that have brought him to where he is today?
[29:58] Failure is not fun, but it’s not about what didn’t happen. It’s about what you can do now.
[31:30] Get out of your own head! Build a network of people who are fighting the good fight!
[32:37] Vinnie’s wife is his business partner. How does he manage the personal and business aspects of his relationship, on top of raising four children?
[37:24] John’s company is using the services of Fully Accountable to scale up his business.
[38:21] What are some tools and apps that Vinnie uses that help him run his life better? He shares some life hacks, and advice, too!
[44:17] Check out Vinnie’s website and don’t forget to cash in on the great giveaways!
Mentioned in This Episode:
Financial Gravity
The Financial Gravity Podcast with John Pollock
Vinnie Fisher
Fully Accountable
False Profits: It's Not the Top Line that Pays You!, by Vinnie Fisher and Chris Giorgio
The Total CEO
Financial Gravity Podcast Episode 10: Profit First Professionals — Ron Saharyan
Vinnie’s Giveaways for Listeners
OurPact
Audible
Vinnie Fisher is the founder of Fully Accountable, a company that provides back office solutions for small businesses, allowing them to focus their time and resources on building their businesses. Vinnie started out as a lawyer, but eventually moved into the accounting space, where he is now doing something truly revolutionary. Being at the forefront of these changes, Vinnie talks about how his company helps small businesses, while also sharing some tips, tricks and sound advice for entrepreneurs. Tune in to find out more!
Key Takeaways:
[:18] John introduces his guest for this episode — Vinnie Fisher.
[1:04] Vinnie is an attorney! How did he get into the accounting space?
[3:06] Vinnie’s is a perfect entrepreneurial story. His business grew from an internal problem that needed solving, into a solution used by hundreds!
[5:14] What is the Accounting Dashboard? Why is it so important for the small business owner?
[8:28] Most entrepreneurs lack any expertise to analyse and understand financial statements, so that aspect of the business ends up getting ignored.
[10:04] Higher revenue does not solve all problems!
[11:18] The question is do you go for growth, or profit? Unless you have unlimited access to capital, always prioritize profit, not growth!
[14:14] What kind of work does Vinnie do with CEOs of companies?
[16:53] John does something similar to Vinnie, in surrounding himself with his customers.
[19:10] If you want to change something, you’re going to have to accept the responsibility of the effort.
[20:48] Vinnie talks a little more about the benefits of the dashboard.
[22:35] Vinnie has some great giveaways on his website — his newest book, the metrics small businesses should use in their operation, and a strategy session!
[24:27] What are some of the failures that Vinnie has encountered that have brought him to where he is today?
[29:58] Failure is not fun, but it’s not about what didn’t happen. It’s about what you can do now.
[31:30] Get out of your own head! Build a network of people who are fighting the good fight!
[32:37] Vinnie’s wife is his business partner. How does he manage the personal and business aspects of his relationship, on top of raising four children?
[37:24] John’s company is using the services of Fully Accountable to scale up his business.
[38:21] What are some tools and apps that Vinnie uses that help him run his life better? He shares some life hacks, and advice, too!
[44:17] Check out Vinnie’s website and don’t forget to cash in on the great giveaways!
Mentioned in This Episode:
Financial Gravity
The Financial Gravity Podcast with John Pollock
Vinnie Fisher
Fully Accountable
False Profits: It's Not the Top Line that Pays You!, by Vinnie Fisher and Chris Giorgio
The Total CEO
Financial Gravity Podcast Episode 10: Profit First Professionals — Ron Saharyan
Vinnie’s Giveaways for Listeners
OurPact
Audible