Growing Broke – Cashflow (Part II.)
(For part I of this two part series, click here) The business world seems to be really hot right now, no matter what sector you’re in, and that probably means jumping on each and every opportunity that comes along. That’s just naturally what most business owners do because their main goal is growth. Frankly, if […]
How to Calculate Marketing Budget Efficiently for Financial ROI
It’s not a new thing to see a CFO and a CMO are trying to bite each other’s heads off during the board meeting. It is the exact story that just happened a few days ago. In this episode, Michael shares the story, and the four things that help both departments to get along with […]
Growing Broke – Cashflow (Part I)
At DeepSky, we know that unfortunately just working hard at your small or medium-sized business sometimes isn’t quite enough. Even rapid growth and making money with your goods or services might not be enough. In fact, you can “grow broke” and end up with your business becoming an epic fail! Rapid Growth = Big […]
3 Things Successful People Do Differently
One of Michael’s badass entrepreneur friend owns 10 companies. And she shares the three things she wishes to know at 21 years old. Let’s jump right in! 1. Know what you are good at, and stick with it Every business can be broken down into three departments: Sales & Marketing, production (what you do/what you […]
Using Priorities and KPIs to Hold Your Team Accountable
[01:42] Opening It’s crazy hiring season now. One of Michael’s friend Steve is trying to hire 12 people at a time. Six of them are salespeople. Check out the video below see how they came up with setting expectations and KPIs to achieve such a big round of hiring. Quick recap: How to Hire the […]
How to Stay Sane Running Multiple Businesses
How to Stay Sane Running Multiple Businesses Schedule creates freedom. Many entrepreneurs heard this saying. Establishing a rhythm/cadence is one of the most effective ways to increase productivity. In this episode, we introduce a few examples of rhythm we built in DeepSky, which help us grow insanely in the past year. [00:36] Quarterly Retreat From […]
Financial Services Offered by Accountants in LA
There’s no doubt about it. Just like every other entrepreneur who starts a small or medium-sized business in LA, you didn’t start yours so that you could spend all of your time processing financial statements, researching tax compliance laws, or even stressing out over all of the little details and deductions on your company payroll. […]
Professional Accounting Services in Orange County, LA
If you’re a small to a medium-sized business owner, you’ve got a lot to do every single day. After all, owning and operating any business is never an easy task. To be successful, you need a combination of dogged determination, enterprising expertise, a touch of talent, and at least a little bit of business sense. […]
How Can Small Businesses Use an Outsourced CFO
As a small business owner, you probably think, like many others do, that you’re just not quite big enough to have a CFO. You may just muddle through every month putting your numbers into Quicken or Quickbooks or some other program and thinking that’s all you can afford. Then you may hand it all over […]
CFO Services for Service Based Companies
Are you the owner of a service-based company in Orange County? Some people aren’t really sure but any commercial enterprise that’s providing work performed for its customers rather than products supplied is a service-based business. The typical ones provide an intangible product, like accounting, consulting, banking, education, insurance products, cleaning services, gardening, landscaping, treatments, and/or […]
