Young + Co

You have lifetime access to the modules and resources, including future updates!

We run BYOCFO several times throughout the year. The next cohort begins on Monday, January 10, 2022 and runs for 12 weeks. You'll have access to all live calls, support from me and my team, and the members-only Facebook community during the program.

You'll have the option to stay in the community and continue to have access to our calls, Facebook group, and support as you work through your next financial goals after the 12 weeks is up!

BYO CFO is a mix of pre-recorded content, templates for easy implementation, and live coaching calls.

First, you'll start with the On Ramp, where you'll begin to change your money mindset and get your books cleaned up. I'll walk you through how to do that step by step!

Then we'll have our Monthly Finance Date sessions! What I want you to learn here is how to read your financials and assess what's working and what's not. You'll keep your financial system organized, pay yourself, and handle your taxes.

Toward the end of Month 1, we're going to have our Quarterly CFO Roadmap session. This is my favorite! It's a potent session where you'll set intentional financial goals and make a plan for how you're going to make it all happen, with a focus on identifying key action items for the next quarter.

Then, based on the priorities you've set, you're going to focus on one or two "Finance Tracks." For the rest of the program, you're going to work on increasing your cash flow, creating a stabilized and simple business, growing your business, or creating a wealth engine. You have access to all the content for each track, but I want you to focus on only one or two areas before moving on to the next!

We'll have an extra monthly coaching call every month in addition to continuing the Monthly Finance Dates for ongoing accountability.

BYOCFO is going to teach you all the business financial concepts that any business owner needs to know. This program was designed with small business owners in mind and is ideal for you if you're in your first few years of business and/or are in the solopreneur stage, and are ready to grow your business and increase your profit margin. BYOCFO will teach you literally everything you need to know to grow from the solopreneur stage to generating multi-six figures in revenue.

BYOCFO is best suited for sole proprietors, LLCs, and S Corps. If you have a lot of investors or a complicated structure, this course is probably not a great fit.

It's also best to take the course when you've made a sale or two, or have planned out your programs or products. That way you have some numbers to work through!

You'll get what you put into the program! BYOCFO is a comprehensive program, but I've used my teaching and training skills to distill the modules down to focus you on what you really need to know.

You should budget 1-2 hours each week to watch the videos and work through the resources. I also really want you to implement what you've learned in your business, so you should set aside time to work on your homework assignments, check in with us in the Facebook group, and attend the live Q&As! This will help you create a good financial habit of checking in on your business every week.

Remember, part of your role as CEO of your business is to be a good steward of your money, so we'll teach you how to create processes and routines to make that easy.

I fully expect you to have questions as you work through the modules. In fact, if you don't ask me any questions, I'll reach out to make sure you're actually doing the work! 😉

You have many options for support during the 12-week program. We have a private Facebook group where you can post questions, you can submit your files for us to review using our Ask a CFO feature within our course platform, and there will be time for questions on each of our live calls!

After the 12 weeks end, you'll have the option to continue having access to the community, calls, and support as you work through your next financial goals for a lower monthly membership fee.

Heck no! 🙅‍♀️ I want this to be as pain-free as possible!

Fun fact about me - I actually taught high school math for two years before going back to get my Master's in Accounting. I also trained dozens of staff in my public accounting and corporate days. If I can teach them, I sure can teach you!

I know that numbers and accounting can make a lot of people clam up, stress out, fall asleep, or run for a glass of wine. So I've broken down all my knowledge and best tips into easily-digestible, short lessons that teach you exactly what you need to know, no jargon or memorizing debits and credits required.

Yes! The vast majority of the concepts I teach in BYOCFO are applicable to any business owner across the world. In fact, there are only a handful of US-specific concepts I cover - such as US tax rules and hiring rules - but these topics are only a small part of their respective modules.

I think there's a time and place to hire a bookkeeper and CPA, but it isn't always right when you start your business.

For your bookkeeping, you will learn enough in BYOCFO to keep your own books up to date. Even if you do outsource your bookkeeping, BYOCFO will teach you how to interpret your financials and make good decisions, which most bookkeepers don't have the capacity to help with.

After taking this course, you might feel confident enough to use a software like TurboTax to take care of your own tax return. I'll explain all your taxes to you and even walk you through a Schedule C and a few other key parts of your return. However, if you are generating profits that are close to or in excess of $100,000, or if you have multiple owners or file as an S Corp, I HIGHLY recommend hiring a tax accountant.

Whether you outsource these tasks or not, it's important for you to understand the concepts. You need know if everything is done the right way because ultimately, the responsibility for the success of your business and your taxes being done the right way lies with you.

I'm also going to teach you several things that most CPAs or bookkeepers won't cover (at least not proactively) - like how to price for profits, how to create a budget, how to manage your cash flow and invest in your business, how to pay yourself, and how to hire a team.

I want you to be 100% satisfied with your investment! If you put the work in, you will see results and feel clear on your business's finances.

So if you don't feel satisfied for any reason after completing the On Ramp and Quarterly Roadmap exercises, simply reach out to me at hello (at) trustyoungco.com, show me the work you've done, and I'll refund your investment in full.