Built by Margin with Laurie Chen

Laurie Chen, CPA, MBA

Built by Margin is the podcast at the intersection of risk, numbers, and decision-making for founders, CEOs, and high performers. Hosted by CPA, fractional CFO, and author of the upcoming book Risk Worthy, Laurie Chen, CPA, MBA, the show explores how better decisions create better businesses, stronger leadership, and more meaningful long-term outcomes. From financial strategy and entrepreneurship to intelligent risk-taking and growth, each episode helps you think sharper and build with intention.

  1. 1d ago

    No Margin, No Mission: Scaling Crisis Care with Justin Chase

    What does it take to lead an organization where the decisions you make can directly affect people on the worst day of their lives?  In episode 57 of Built by Margin, Laurie sits down with Justin Chase, CEO of Solari, to talk about leadership, risk, financial sustainability, and scaling crisis-response systems without losing sight of the people they exist to serve. Justin began his career as a social worker and has spent more than 20 years in behavioral health, including 12 years leading Solari. Today, the organization has nearly 800 employees and manages approximately 40,000 crisis calls each month. Justin explains why managing risk in crisis care isn’t about eliminating risk altogether, but about identifying the factors that matter most and balancing speed, safety, outcomes, and stewardship. He shares how Solari uses transparent operational dashboards to track metrics like response times, abandonment rates, call outcomes, and whether a caller’s immediate need was actually resolved. He also discusses one of the biggest challenges of scaling across multiple states: technology may scale quickly, but trust and relationships do not. The conversation also dives into the financial realities of running a large nonprofit organization. Justin explains how government reimbursement structures can create 120- to 180-day delays in cash flow and why nonprofit leaders still have to think seriously about margins, reserves, and long-term sustainability. His guiding principle is simple: “No margin, no mission.” Without financial health, an organization cannot continue delivering on its purpose for the long term. Laurie and Justin also explore how Solari is investing in AI and technology ahead of demand. Rather than replacing human interaction, Justin sees AI as a way to reduce administrative work, improve efficiency, and give crisis counselors more time to spend directly with people. He shares how Solari is using technology to streamline post-call documentation, improve scheduling and analytics, and ultimately make human-to-human interactions more valuable. Justin also opens up about board governance, organizational culture, and the philosophy behind his book, Heart-Led Leadership. He explains why strong leadership requires both compassion and accountability, and why listening to employee feedback, maintaining transparency, and setting clear expectations become even more important as an organization grows. Finally, Justin explains what many people misunderstand about 988. Unlike 911, which frequently results in dispatching emergency responders, more than 80% of 988 calls can be resolved directly over the phone by trained crisis counselors. He argues that crisis care should be viewed as essential infrastructure, not only because it helps people in moments of need, but because effective early intervention can also reduce downstream costs associated with emergency rooms, hospitalization, and the criminal justice system. This episode is a conversation about what happens when mission, margin, technology, and human-centered leadership all have to work together, and how leaders can build organizations that are both financially sustainable and capable of making a meaningful impact. Laurie Chen Instagram: https://www.instagram.com/lauriechencpamba/ LinkedIn: https://www.linkedin.com/in/lauriechen/ Risk Worthy: https://www.riskworthy.co/   Justin Chase LinkedIn: https://www.linkedin.com/in/jnchase/ Order Heart-Led Leadership on Amazon: Heart-Led Leadership

  2. Sep 10

    Build It Scared: Finding Purpose and Serving Small Businesses with Antonia Blanco

    In Episode 56 of Built by Margin, Laurie sits down with Antonia Blanco, founder of Trusty Transactions, to explore what it means to build a business through fear and discover a renewed sense of purpose along the way. What would you build if you stopped worrying about what other people might think? As her children grew older and she entered a new season of life, Antonia found herself searching for an identity beyond the roles of wife and mother. Starting Trusty Transactions gave her a new mission: helping small-business owners access the tax knowledge, financial guidance, and professional resources that are often reserved for larger companies. Antonia shares how her father’s 40 years as a business owner shaped her entrepreneurial foundation and inspired her to serve the mom-and-pop businesses she considers the backbone of America. Her work is especially focused on first-generation and immigrant entrepreneurs in Southern California who may be building businesses without a clear understanding of entity selection, bookkeeping, tax compliance, or the importance of separating business and personal finances. Laurie and Antonia discuss the difference between tax preparation and proactive tax strategy, the importance of setting clear client boundaries, and why forming an S corporation is not automatically the right decision for every business. They also explore tax resolution, ITIN-related challenges, California’s layered tax requirements, and the growing role of AI in the accounting profession. On the business-building side, Antonia opens up about finding the right clients, learning marketing and sales through trial and error, and tripling her book of business through trust, retention, and referrals. She also shares her long-term ambition to pursue a law degree so she can bring even more sophisticated resources to the small-business community. At the center of Antonia’s story is a risk nearly every entrepreneur understands: the risk of being seen. Starting the business, creating content, appearing on podcasts, and putting her ideas into the world all required her to move beyond the fear of failure and judgment. This conversation is a reminder that courage doesn’t always mean feeling ready. Sometimes it means taking the first step, putting yourself out there, and choosing to build it scared. Laurie Chen Instagram: https://www.instagram.com/lauriechencpamba/ LinkedIn: https://www.linkedin.com/in/lauriechen/ Risk Worthy: https://www.riskworthy.co/   Antonia Blanco Instagram: https://www.instagram.com/antonia_trusty_transactions/ LinkedIn: https://www.linkedin.com/in/toni-blanco-672616173/

  3. Sep 1

    Don’t Just Build the Product - Build the Business with Stephanie Musinsky

    In Episode 55 of Built by Margin, Laurie Chen sits down with Stephanie Musinsky, founder and principal of VIA Product Development, to talk about what it really takes to turn technical ideas into viable products and build a company around them. Stephanie shares her path from biomedical and electrical engineering into entrepreneurship, including how early exposure to startups and her experience as a HealthTech Fellow at Harvard Medical School shaped the way she evaluates products, markets, and risk. Rather than focusing only on whether something can be built, she explains why founders also need to understand the customer, regulatory environment, business model, and path to market. The conversation also explores how Stephanie thinks about risk as a founder. Her approach combines data, confidence in the team, and what she calls knowing “what is figureoutable” recognizing when you may not have every answer yet but have the capability to solve the problems ahead. Laurie and Stephanie dig into the operational side of entrepreneurship as well, including project estimation, prioritization, outsourcing, and determining the true value of a founder’s time. Stephanie explains why one of the hardest parts of owning a business is constantly deciding which task actually deserves your attention. They also discuss how AI is changing both technical and business workflows. Stephanie shares how she uses AI for firmware development, proposals, dashboards, administrative automations, and repetitive processes, while Laurie emphasizes the importance of human expertise and fact-checking when using AI-generated financial or operational work. Finally, Stephanie shares her long-term vision for VIA, including potentially incubating products and helping promising founders build early prototypes in exchange for equity, as well as the story behind Running Booth, her side venture that uses group runs to create more meaningful networking experiences at conferences. This episode is a conversation about building beyond the prototype: making better bets, allocating your time intelligently, using technology without outsourcing judgment, and creating a business around the work you genuinely want to keep doing. Laurie Chen Instagram: https://www.instagram.com/lauriechencpamba/ LinkedIn: https://www.linkedin.com/in/lauriechen/ Risk Worthy: https://www.riskworthy.co/   Stephanie Musinsky LinkedIn: https://www.linkedin.com/in/stephanie-musinsky/

  4. Aug 17

    Transformation Is Not Outperformance: Building Competitive Advantage in the Age of AI with Roberto Espinosa⁠

    What if the transformation you’re investing in changes your business, but doesn’t actually make you better than your competition? Transformation is everywhere, but transformation alone doesn’t guarantee outperformance.  In Episode 54 of Built by Margin, Laurie Chen sits down with Roberto Espinosa, founder and principal of Enetgize, to explore how leaders can make better decisions before committing significant time, money, and resources to technology and business transformation. Drawing on nearly three decades of experience across entrepreneurship, enterprise technology, startups, and consulting, Roberto explains his “Transform ≠ Outperform” framework: the idea that changing or modernizing a business only creates meaningful competitive advantage when the result is difficult for competitors to quickly replicate. Laurie and Roberto also dig into the rapidly growing role of AI. They discuss how AI can dramatically increase productivity and help leaders multiply their capabilities, but also create new dependencies, unreliable outputs, and systems that become difficult to untangle. Roberto argues that successful AI adoption requires guardrails, verification, and one especially important principle: whatever you implement should be reversible. The conversation also explores one of the most overlooked risks of transformation: the cost of undoing a decision when things don’t go as planned. Leaders often calculate the potential upside of a new system or initiative without asking what it would cost to reverse course 18 months later. This episode is a conversation about technology, AI, risk, and decision quality, and why the smartest transformation isn’t necessarily the newest or most ambitious one. It’s the one that creates lasting advantage while preserving your ability to change course. Quotes " Make sure that whenever you implement the technology, whatever it does is reversible." – Roberto Espinosa“The AI is only as good as the data that you feed it." - Laurie Chen Laurie Chen Instagram: https://www.instagram.com/lauriechencpamba/ LinkedIn: https://www.linkedin.com/in/lauriechen/ Risk Worthy: https://www.riskworthy.co/   Roberto Espinosa LinkedIn: https://www.linkedin.com/in/robertoespinosajr/ Enetgize: https://www.enetgize.com Transform ≠ Outperform: https://www.transformoutperform.com/

  5. Aug 12

    Pricing is a Decision Problem, not just a Numbers Problem with Etinosa Agbonlahor

    In Episode 53 of Built by Margin, Laurie Chen sits down with Etinosa Agbonlahor, founder and CEO of Decision Alpha and a behavioral economist who has spent more than a decade studying how people make financial decisions. The conversation explores one of the most emotionally charged decisions every business owner has to make: what should I charge? Etinosa explains why pricing often becomes tangled with identity, confidence, fear of rejection, and self-worth—and why the better question isn’t “What am I worth?” but rather, “What value does my service create for the customer?” They also unpack Decision Alpha’s approach to pricing, including the “pricing house” framework: understanding your cost floor, identifying the customer’s willingness to pay, studying competitors and alternatives, and determining the price ceiling. Etinosa explains why founders shouldn’t simply copy competitor pricing and why customer research can reveal entirely different markets, positioning, and willingness to pay than expected. The conversation goes deeper into how to raise prices without unnecessarily damaging customer relationships, why price increases should be framed around the value already delivered and the value still to come, and why businesses should treat pricing as an evolving feature—not a decision they make once and forget about. Laurie and Etinosa also discuss difficult pricing conversations such as back-billing customers after an error, payment plans, sales-tax mistakes, and when preserving a valuable client relationship may matter more than recovering every dollar. Finally, Etinosa shares how Decision Alpha is using AI to make sophisticated pricing thinking more accessible to smaller businesses through Fred, its AI pricing guide, as well as how her team uses AI to stress-test ideas, support research, manage pipeline visibility, and accelerate content and product development while remaining cautious around sensitive financial data. If you’ve ever wondered whether you’re charging too much, too little, or simply presenting your price the wrong way, this episode offers a practical behavioral-economics lens for building a pricing strategy that reflects the value you actually create. Quotes " As business owners, all our fears, our anxieties, our doubts, our worries show up in the pricing." – Etinosa Agbonlahor“My price is my price, and I think it’s fair given the scope of work." - Laurie Chen Laurie Chen Instagram: https://www.instagram.com/lauriechencpamba/ LinkedIn: https://www.linkedin.com/in/lauriechen/ Risk Worthy: https://www.riskworthy.co/   Etinosa Agbonlahor LinkedIn: https://www.linkedin.com/in/etinosasere/ Website: https://etinosaa.com/ Decision Alpha: decisionalpha.co 📘 Behavioral Pricing Playbook: https://playbook.decisionalpha.co 🤖 Meet Fred – AI Pricing Advisor: https://fred.decisionalpha.co

  6. Aug 5

    The Risk of Not Deciding: How Founders Navigate Controlled Chaos with David Niccolini

    What’s more dangerous for a founder: making the wrong decision, or waiting too long to make one?  In episode 52 of Built by Margin, David Niccolini joins Laurie Chen to explore how founders can manage risk without allowing fear or overanalysis to stall progress. They discuss the three major threat surfaces facing modern organizations—physical, virtual, and human—and how artificial intelligence has expanded both the opportunities and vulnerabilities available to businesses. David has spent nearly three decades working across enterprise risk management, entrepreneurship, investing, and board advisory. After launching eight companies and helping leaders navigate everything from cybersecurity threats to early-stage uncertainty, he has learned that the greatest danger is not always making the wrong decision—it is failing to make one at all. David also shares the story of a small NASA subcontractor who nearly lost $24,000 through an AI-enabled wire fraud attempt, explains why startup life is best understood as “controlled chaos,” and offers a practical framework for distinguishing a calculated risk from one that could destroy a business. The conversation also examines why visionary founders need financial and operational counterbalances, what effective boards do differently, how investors evaluate coachability, and whether venture-backed, for-profit companies can help combat human trafficking at scale. This episode is about making decisions with imperfect information, understanding the consequences behind the probabilities, and building the systems required to keep moving when certainty is impossible. Quotes " I can’t guarantee that choosing A or B is the right decision. What I can tell you is your inability to make that decision will kill you." – David Niccolini“You’ve got to make the decision, collect the data, and then let the data inform what your next step should be." - Laurie Chen Laurie Chen Instagram: https://www.instagram.com/lauriechencpamba/ LinkedIn: https://www.linkedin.com/in/lauriechen/ Risk Worthy: https://www.riskworthy.co/   David Niccolini LinkedIn: https://www.linkedin.com/in/davidniccolini/ StatCrux: StatCruxLLC.com

  7. Jul 15

    The Risk of Staying Comfortable: Brad Lauter on Reinvention, Systems, and Building in Mexico

    What if the greatest risk isn’t making a dramatic change—but staying comfortable in a life that no longer fits?  In episode 51 of Built by Margin, Laurie sits down with entrepreneur Brad Lauter, who shares how the loss of his father forced him to confront a powerful question: What are you exchanging your life for? That realization led Brad to leave behind his job and established life in the United States, move to Mexico, and ultimately build a technology company providing reliable, self-healing internet infrastructure for businesses and properties. Laurie and Brad explore why remaining stuck can be riskier than stepping into uncertainty, while also questioning whether external change can truly create internal happiness. They discuss the importance of mindset, systems, mentorship, and surrounding yourself with people who challenge and inspire you. Brad also explains how he is using AI to identify problems before customers experience them, automate operations, and create more resilient technology—while emphasizing that human judgment and real-world context remain essential. This conversation is about building a business and life intentionally, using systems to turn bold decisions into sustainable progress, and recognizing when comfort has quietly become the riskiest choice of all. Quotes "The risk is always greater that you just stay somewhere because you’re comfortable." – Brad Lauter“We’re trained to think risk is doing something dangerous and uncertain. But the real risk is not changing." - Laurie Chen Laurie Chen Instagram: https://www.instagram.com/lauriechencpamba/ LinkedIn: https://www.linkedin.com/in/lauriechen/ Risk Worthy: https://www.riskworthy.co/   Brad Lauter Instagram: https://www.instagram.com/brad.lauter

  8. Jul 14

    Three Questions That I'll Still Be Thinking About One Year From Now. Pink Skirt Summit Reflections with Laurie Chen

    Episode 50 marks a major milestone for Built by Margin. Laurie Chen reflects on the journey from launching the podcast in May 2025 as an extension of Advanced CFO to building a platform that now reaches founders, CEOs, and entrepreneurs through meaningful conversations about business, leadership, risk, and decision-making.  Fresh off a 4,751-mile journey to Kelowna, British Columbia for the Pink Skirt Summit, Laurie shares the three questions that impacted her most—questions she expects will still shape her thinking a year from now. Rather than focusing on tactical business advice alone, Laurie explores the deeper identity shifts behind these questions and how they challenge us to eliminate what holds us back from the next level, embrace success without apology, and compress the timeline between who we are today and who we are going to become. The episode closes by connecting these lessons to the central thesis of Laurie's upcoming book, Risk Worthy. She explains why the greatest returns in life aren't always financial—they're qualitative. True risk-worthy decisions are the ones that align our actions with our authentic identity and future self. As Laurie shares, it's not ultimately about what you do—it's about who you are becoming. Whether you're building a business, leading a team, pursuing a dream, or simply trying to live more intentionally, this milestone episode offers a powerful reminder that your greatest competitive advantage is becoming the most authentic version of yourself - and that is the greatest return on investment. Laurie Chen Instagram: https://www.instagram.com/lauriechencpamba/ LinkedIn: https://www.linkedin.com/in/lauriechen/ Risk Worthy: https://www.riskworthy.co/

About

Built by Margin is the podcast at the intersection of risk, numbers, and decision-making for founders, CEOs, and high performers. Hosted by CPA, fractional CFO, and author of the upcoming book Risk Worthy, Laurie Chen, CPA, MBA, the show explores how better decisions create better businesses, stronger leadership, and more meaningful long-term outcomes. From financial strategy and entrepreneurship to intelligent risk-taking and growth, each episode helps you think sharper and build with intention.