In today's episode, we have a special treat for you as we dive into Shannon’s recent interview with Ryan Pineda on the "Wealthy Way" podcast. Get ready to gain valuable insights into wealth creation, financial decision-making, and the mindset required to achieve your goals.

 

Shannon shares her knowledge and experiences as a fractional CFO, providing strategic financial guidance to entrepreneurs. She emphasizes the importance of understanding your numbers, making informed decisions, and viewing financials as a tool for progress rather than a restriction.

 

Join Shannon and Ryan as they discuss various topics, including tax strategies, scaling businesses, language learning, personal finances, and the challenges and rewards of being an entrepreneur. They also touch on Shannon's journey from a corporate CPA to a successful business owner and the dynamic duo's plans for their future.

 

So grab your favorite beverage, sit back, and get ready to delve into this captivating episode as we uncover the secrets to financial success and the mindset required to keep what you've earned! Stay tuned for an enlightening and engaging conversation with Shannon on the "Wealthy Way" podcast.

 

What you'll hear in this episode:

[00:08:33] Lost bet with dad, became accountant, burnt out.

[00:15:45] Cash flow is crucial to meet expectations.

[00:20:50] Creating scenarios for business owners to foresee outcomes.

[00:35:45] Immerse yourself in language, practice and read.

[00:42:04] Internship, retail experience, developed skills, operations appreciation.

[00:51:22] Founder's goals: team, scale, time, family, business. Analyzing data to guide business decisions.

[00:56:15] Numbers: tool or restriction? Overcoming mindset.

[01:00:20] Find experts, focus on goals, allocate resources.

[01:11:57] Podcast brings friendly, relatable tax advice.

[01:18:41] Worldview shapes behaviors, even against inclinations.

[01:27:12] "Focus on earning, not saving, for success"

[01:34:12] Forecast: ballpark July and August. Pro formas and tax return prediction. Cash flow options: plot or chip away. High yield savings account recommended for liquidity and interest.

If you like this episode, check out:

Real Talk on Social Media Tax Advice

The Power of a Tax and Accounting Combo Team

3 Steps to Preventing Tax Season Stress

 

Want to learn more so you can earn more?

CFO On Demand click here

Visit keepwhatyouearn.com to dive deeper on our episodes

Visit keepwhatyouearncfo.com to work with Shannon and her team

Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ

Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/

 

Connect with Ryan: 

@ryanpineda: Instagram 

@RyanPineda: X (Twitter) 

Facebook: https://www.facebook.com/allstarinvestor/

https://www.ryanpineda.com/

 

The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.