212. How to Manage Budgets, Forecasting and Cash Flow Like Matt Risinger - Matt Risinger

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A few weeks ago, Danny cohosted a web class with Matt Risinger (Host of The BUILD Show) on one of the most important topics in business: finances.

On top of teaching the hundreds of attendees our approachable financial management systems, I had a chance to pick Matt’s brain about his experience managing cash flow as he grew his company into the monster it is today.

So we’re releasing the web class on the podcast to give you everything you need to run your finances like a 7-figure contractor.

We’re covering budgets, forecasting, cash flow, and how to drive results with your team.

If the thought of financial management gives you a migraine, this webinar replay is for you.

Episode Highlights:

• Discover the least painful way to track your budgets, forecasting, and overhead—without wasting hours with mind-numbing numbers.
• Learn how to take the guesswork out of your financial decision-making by understanding your industry benchmarks.
• Get insight into how Matt Risinger avoids lumpy cash flow and why Risinger Build NEVER bids on work.

00:00-Intro

06:12-About Danny and Matt

10:06-Purpose and outcomes

12:18-Why is staying on top of your numbers so hard?

20:39-Matt Risinger on Breakthrough Academy

23:15-Budgeting

38:43-What does “good” look like?

41:20-Gross profit margins as you evolve

46:14-Financial forecasting

52:19-Driving numbers with your team

59:37-Implementing change

01:07:09-Q&A