Connor Abene
16.4K posts

Connor Abene
@ConnorAbene
Fractional CFO & Bookkeeping services helping $3m-$30m SMBs streamline their financials & accelerate growth | Tweets on business & finance | DM’s wide open
Katılım Mart 2020
1.3K Takip Edilen29.3K Takipçiler
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My biggest surprise when I started working with SMBs was finding out how many healthy-looking businesses are one bad quarter away from serious trouble.
• Unquestioned overhead
• Razor-thin margins
• Slow receivables
Basic operational problems that most founders are too busy to address.
Review your P&L. Stay on top of expenses. Protect margins.
Don't wait until the business forces you to.
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If I were starting a fractional CFO business today, I'd do it differently.
I'd niche down by industry from day one.
When I started, I thought I needed to take on any client who would pay. It felt like the safe move.
But it makes everything more complex.
10 clients across 10 different business models are basically 10 different jobs.
Every new industry is a new learning curve. New terminology, benchmarks, and problems that come up again and again.
It all adds up faster than you expect.
Narrowing down makes the whole business run better.
The 2nd client is easier than the 1st. The 5th is easier than the 2nd. You start to recognize the same problems, build the same frameworks, and deliver better work in less time.
You also become easier to refer to.
Pick one lane. Become the expert.
Go all in.
You'll build a stronger business than you would going broad.
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If you're struggling to grow profitably – check out Finance of Scale.
Each Saturday you'll pick up a few tactical tips to improve your business finances.
Join here:
finance-of-scale.kit.com/2bb94b9fb3
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The best CFOs translate financial risk into plain English.
Not “liquidity risk.”
“We’ve got 4 months before we run out of cash.”
Not “margin compression.”
“We’re making $18K less on the same revenue as last quarter.”
Not “customer concentration risk.”
“If we lose Client X, we lose 32% of our revenue.”
Help them visualize it so they act.
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@ConnorAbene Yep, see a lot of companies trying to run before they can walk.
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Don't hire a fractional CFO...
Until you’ve hired for these 2 roles:
1. Bookkeeper
2. CPA
A Fractional CFO isn’t there to clean up your books. They’re there to make strategic decisions based on accurate financial data.
Messy numbers = Bad decisions.
Get your foundation right first.
Then bring in a CFO to help you scale.
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I spent most of my 20s without making much progress.
Then, all of a sudden, everything changed.
During my 20s, I dove into finance books, worked for small businesses, and started ventures on my own.
But it felt like I was pushing a boulder uphill, with no clear end in sight. Every step seemed small and uncertain, and I often questioned whether I was getting anywhere at all.
Until I started Scalable.
After years of grinding, things began to click into place. I started to see the patterns, the insights, and the needs that hadn’t been obvious before.
I worked A LOT.
There were days when giving up seemed easier, days when I wondered if all the effort would ever pay off.
But I pushed through. I embraced every job, every failure, every experience as another piece of the puzzle.
And in the end, it paid off.
Building something meaningful takes time.
Sometimes, it feels like you’re putting in all this effort with little to show for. But what you don’t realize in those early stages is that every bit of that grind is building something bigger. It’s setting you up for the breakthroughs that, one day, come seemingly “all of a sudden.”
So, to anyone out there who feels like they’re stuck or moving in slow motion, keep going.
Hustle now, work hard, put in the hours.
You may not see it today or tomorrow, but when your time comes, you’ll look back and see how every single struggle was worth it.
Grind now to enjoy forever.

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@MarcusMilione Got my pair, have always run using @SauconyOrigs 🫡
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