Boosting Your Financial IQ Strategy and Finance
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- Business
The Boosting Your Financial IQ podcast deconstructs accounting and financial concepts to provide listeners with a holistic understanding of how money works and how to create more value. The host, Steve Coughran, brings his wealth of experience working as a business owner, management consultant, and CFO to share examples, stories, and analogies that deepen business acumen and build skills related to financial literacy. Boosting Your Financial IQ centers in on financial and accounting topics that will empower you to identify value drivers and boost financial performance. Whether you are new to finance or a seasoned professional, this fresh podcast will equip you with real-life financial knowledge that will enable you to speak the language of money. Visit www.byfiq.com to learn more.
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118: Your Vision, Your Future
In today’s fast-paced world, it's easy to lose sight of our true aspirations amidst daily demands. Consider this episode your weekly dose of inspiration and practical advice, helping you to pause, reflect, and realign with your life's purpose. By spending time intentionally plotting your goals, you’ll cultivate a clearer vision of your future, make more meaningful decisions, and experience a deeper sense of satisfaction and accomplishment. I'm dedicated to empowering you to shape your future ...
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117: Top Career Paths and Opportunities for Finance Majors
From running a landscape company as a teenager to founding a consulting firm, my journey has been anything but ordinary. Join me as I share how dropping out of college and facing numerous setbacks led me to a deeper understanding of financial statements and the value of paying for my own education. Discover how choosing the harder path and pursuing a finance degree equipped me with indispensable skills that have fueled my business success.I recount the tumultuous times during the financial cr...
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116: The 3 Things CEOs Should Know About Finance
Join host Steve Coughran in this enlightening episode of the Boosting Your Financial IQ podcast as he unveils the three essential financial insights every CEO should master. Without revealing the specifics, Steve teases listeners with the promise of valuable knowledge that can transform your business approach. Discover how understanding the language of money can empower you to run a more profitable, cash flow positive business that consistently grows in value. Tune in to gain actionable insig...
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115: Throughput--One of the Most Important Metrics in Business
Welcome to Boosting Your Financial IQ, I'm Steve Coughran, your host. Today, we're exploring one of the most crucial yet often overlooked metrics in business: throughput. Throughput measures the rate at which a system can produce results, whether it's revenue per hour, gross margin per hour, or any other financial metric as a function of time. Understanding and optimizing throughput is essential for maximizing efficiency and profitability in your business operations. By focusing on improving ...
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114: The Most Critical Things to Know About Free Cash Flow
Welcome to Boosting Your Financial IQ. Today, we're diving deep into "The Most Critical Things to Know About Free Cash Flow." Free cash flow (FCF) is a cornerstone metric for investors, analysts, and business leaders alike, offering a window into a company's financial health and operational prowess. Here are the five key takeaways: Firstly, FCF represents the cash generated by a company's operations after deducting capital expenditures. It's the cash available for debt repayment, dividends, a...
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113: What You Need to Know About Working Capital
Welcome back to Boosting Your Financial IQ, I'm your host Steve Coughran. Today, we're delving into "What You Need to Know About Working Capital." Understanding this financial metric is essential for maintaining the health of your business. We'll define what working capital is and unravel the distinction between operating and working capital, providing clarity on their respective roles. Drawing from my experiences with various companies, we'll examine real-world examples showcasing the impact...