Just want to delegate that, but yet every single successful entrepreneur I’ve ever met really has a fundamental grasp of the financial aspects of the business and so on today’s show, we’re interviewing a certified public accountant check. They will have that same ceilings and visions and new deal, new deals and growth and build out, but no one ever wants to talk about financials. They want to talk about the holy triumvirate. Yeah, but one of the things people always want to talk about is marketing and branding and sales, but people never want to talk about accounting and bookkeeping. You’re a little bit down and we’ve helped repair them, help them get into a level of success. We’ve also worked a lot of entrepreneurs that didn’t come to us. Now, Chubb as a business coach, you and I have both worked with a lot of of top level high flying entrepreneurs. It is the thrive time show on your radio and podcast download. Welcome back into the business coach conversation. NOTABLE QUOTABLE – “Mentors are priceless.” – Sharon LechterĪll right.NOTABLE QUOTABLE – “Comfortable can turn into complacency.” – Sharon Lechter.The owners are not there running the business, teenagers are. You have to begin creating systems and processes to grow from a small to a big business. People get too busy and forget to work ON the business because they are In the business.
Where do people get stuck in the Self-Employed quadrant?. The money is not there until you get paid. So you have to have cash flow to sustain the business until you get paid. When you start your business one of the things that can kill you is that you think you have made a bunch of sales and no realize that you will not be paid for maybe 60-90 days. The sooner you can find out about them the sooner you can recover. 
You have to know the costs of the labor so that when there is a delay you will know what to pivot to keep things under control. There are stages to the home building process and each stage has to be times properly for the spread of the labor over the project.
Aaron’s business is a perfect example of the timing of cash flow. What do we need to know about cash flow?. You do not have to be the one doing the accounting but you have to stay connected with those numbers or you will wake up to a bad story. You have to know those numbers and control the path that the story is on. At the end of the day, your numbers tell a story. Why you cannot delegate your financials?. Can you explain what the Play Big Movement is and why you are passionate about it?. Some CPAs are helping people by sharing their experience and wisdom in choosing what to do when planning their financial future. Josh, I appreciate that questions and applaud you for going the extra mile. Sharon, many of our listeners have a CPA, and in fact we are working with a great CPA by the Josh in Canada, and he wanted to know, from your perspective as a CPA where are most CPAs missing it when it comes to helping their clients?. As long as I can continue supporting people to help them take care of their financial lives I want to. I carry that with me today and I believe that I have a gift and can help people create financial freedom. Growing up as a kid my father would ask me “did you add value to someone’s life today?”. I know that you are passionate about financial literacy, so from your perspective how is our education system failing to teach people about financial education?. Can you share your role with writing the Rich Dad Poor Dad book series, and how both you and Robert were able to sell 26 million copies of the book?. Sharon today has a team of over 5,000 people who help her with her various entrepreneurial projects. In 2009 Sharon was appointed to the National CPA Financial Literacy Commission as a national spokesperson, this is the same council that served both President George Bush and President Obama. After helping Robert Kiyosaki to scale out his Rich Dad business, she then helped the Napoleon HIll Foundation with the writing of multiple best-selling books including, Think and Grow Rich: Three Feet from Gold and Outwitting the Devil. #CASHFLOW RICH DAD POOR DAD BGG SERIES#
For over 10 years she and Robert Kiyosaki released 14 additional books in the Rich Dad series while she served as the CEO of the company. On today’s show we are interviewing Certified Public Account and entrepreneur Sharon Lechter who is the best-selling co-author of the 1997 international best-seller Rich Dad Poor Dad. Are you trying to save time by delegating the auditing of your finances to an employee? If so, listen is as Clay Clark interviews the author of the best selling book Rich Dad Poor Dad, Sharon Lechter on the Thrivetime show podcast.
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