Money First CEO

What CEOs Get Wrong When They Do Their Own Bookkeeping


Listen Later

In this episode of 'Money First, CEO,' host Harman Johnston discusses the significant shift in a CEO's role as their business grows, specifically why continuing to handle your own bookkeeping can hinder growth. Harman outlines the mental and practical strains of DIY bookkeeping and explains why delegating this task is crucial for making high-level decisions. She provides a clear, actionable takeaway: scheduling a monthly money review meeting to ensure clean, current, and accurate financial insights. This episode emphasizes the importance of stepping back from day-to-day transactions to focus on strategic decision-making, empowering CEOs to lead their businesses more effectively.

ย 

00:00 Introduction to Money First, CEO

01:00 The Importance of Delegating Bookkeeping

01:50 The Pitfalls of DIY Bookkeeping

03:13 Shifting from Bookkeeper to CEO

05:39 Implementing a Monthly Money Review

07:21 Conclusion and Next Steps

๐ŸŽง Thanks for listening to the Money First CEO Podcast!
If this episode helped you move the needle, make sure to subscribe, leave a review, and share it with someone who needs to hear it.

Link to expense review

๐Ÿ”— Where to Find Harman:
Website: www.blubookkeepers.com.au
Instagram: @blubookkeepers

Facebook: @blubookkeepersau
TikTok: @profitwithharman
LinkedIn: Harman Johnston

๐Ÿ“ž Ready to Take Control of Your Business Finances?
Book a Free Discovery Call here

๐Ÿ“ฉ Have a Question or Want to Be a Guest?
Email me directly at: [email protected]

...more
View all episodesView all episodes
Download on the App Store

Money First CEOBy Harman