What happens when a nuclear engineer decides to redefine the finance world?
This is the story of
Michael King, a former Nuclear Engineer who became a visionary Fractional CFO. Michael's career has been marked by resilience and determination, transitioning from the disciplined world of the U.S. Navy to the dynamic field of finance. He founded
KFE Solutions, a growing fractional CFO shop, and didn't stop there. He also established
The CFO Accelerator, a thriving business supporting other fractional CFOs, turning his professional network into a flourishing community and leveraging that into a successful business venture.
Tune in to learn how courage, consistency, and clear values can transform challenges into opportunities and make running a business a rewarding adventure.
Key takeaways:
- Align with Your Values: Self-reflection is essential for realigning business models with personal values, often leading to significant adjustments that enhance focus and satisfaction.
- Cultivating Valuable Connections: The shift from transactional to meaningful client relationships transforms service interactions into trusted advisory roles, significantly boosting client satisfaction and business success.
- Encouraging Collective Development: Creating a specialized community fills gaps in professional support, fostering shared growth and enhancing engagement and progress within the community.
Timestamps:
01:50 When did you know you were one of the crazy ones?
06:21 Michael’s journey to entrepreneurship
12:51 Career swings lead to diverse business skills
17:06 Self-improvement and serving others through faith.
19:26 Emphasizing growth mindset in hiring and relationships
21:14 Growing the business
27:39 Building trust and relationships with clients
29:14 Hiring for team, trust, and deeper conversations
32:23 Prioritizing personal values over money
43:34 Clarifying values led to business success and alignment
45:28 Michael’s best pieces of advice
What is After the First Million?
This is your destination for feeling empowered in building your business.
These are the real, raw stories of entrepreneurs and business owners who have built their businesses through the messy middle of $1-20 Million, hosted by serial entrepreneur Matt Tait.
Matt knows what it’s like to scale past the first million, and on this show he’ll be bringing on other serial entrepreneurs and business owners who have been there, done that (or, are currently in it) to share what’s worked, what hasn’t, and what’s next.