Business Mastery Podcast
Business is dynamic. And everything affects you and your business. Fight with your mother-in-law? Mindset struggle? Market Changes? YUP. So, we're going to talk about it all. No topic is off limits.
The goal for every episode is to offer a new and different perspective or provide actionable strategies you can implement now. On the topics you need, to help you run the small business you love, more successfully. To master your own business and to master yourself as its leader and decision maker.
Every Wednesday Dawn K. Kennedy, an attorney, author, mentor and the CEO of Convoy Road Coffee Roasters, releases a new episode for your middle of the week dose of ideas and inspiration. In 45 minutes or less.
Small bites, expert guests, big impacts.
Whether you are a new or seasoned entrepreneur, this show is about all the things around making a bigger impact with your pursuit and growing into your entrepreneurial vision.
Business Mastery Podcast
156. “Why You Need a Personal CFO” with Joseph F. LoPresti
Dawn talks with Joseph F. LoPresti. A seasoned founder of Arlington Wealth Management, with 39 years in the financial services industry and a history spanning more than two decades at the helm of his firm. Dawn and Joseph talk about why you need a personal CFO, not just for your business, but you need one personally.
In this episode…
Who is Joseph F. LoPresti and whom does he serve? (00:46).
What is the role of the CFO in business? (2:23)
A personal CFO has a different role from that of an accountant. (3:35)
How does owner financing in business sales impact your personal finances, especially when you're required to hold onto a portion of the equity or carry risk longer? (7:31)
How far in advance should someone bring in a CFO to assess the holistic financial picture and guide personal financial decisions based on the business's outlook? (9:36)
Is there a specific net worth or business size at which it makes sense to hire a dedicated CFO, especially for smaller businesses? (12:00)
How did you get into the role of a personal CFO, acting as a conductor for someone's personal finances? (14:47)
When applying the personal CFO approach to someone with years of siloed advice, where do you typically see the biggest impact first? (17:55)
Joseph F. LoPresti’s Information.
Website: http://www.arlington-wealth.com/
LinkedIn: https://www.linkedin.com/in/joeloprestiria
Youtube: https://www.youtube.com/@arlingtonwealthmanagement4262
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