Steve Coughran - Podcast Details

Shows

Boosting Your Financial IQ155: The One Truth I'll Never Stop Sharing About FinanceMaster business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/Most professionals know financial literacy is crucial, yet few follow through.In this episode, Steve Coughran uncovers why so many start strong but fail to finish—and what it takes to break the cycle. Through real-world insights and hard-hitting truths, Steve shares why there are no shortcuts to financial success, how distractions derail progress, and what separates those who thrive from those who stay stuck.If you’re ready to take control of your financ...2025-02-2410 min

Building Profit For Construction91: 5 Financial Metrics You Should Know in Your BusinessAre you running your business blind?In this episode, Steve Coughran, founder of Coltivar, reveals the five critical metrics you need to know to stop guessing and start growing. Learn how to optimize margins, improve cash flow, and make smarter, data-driven decisions—lessons Steve learned from scaling multi-million and billion-dollar companies.Discover the one metric that trumps them all and start building a more profitable, iconic business.Tune in now and take control of your numbers.Disclaimer:The views expressed here are those of the individual Coltivar Group, LL...2024-12-1810 min

Boosting Your Financial IQ139: Is Your Company Really Making Money?Is your business truly profitable, or just looking good on paper? In this episode of Boosting Your Financial IQ, Steve Coughran dives deep into the often-misunderstood world of profitability.Drawing insights from his book Outsizing and research on 300+ companies, he explains why accounting profit doesn’t always reflect a company’s real financial health. Steve reveals the critical metrics every business owner should know—like return on invested capital (ROIC) and cash flow—and shares surprising findings on how only a small percentage of businesses capture the majority of profits.Tune in to uncover what it reall...2024-11-1114 min

Building Profit For Construction83: I've Spent 15 Years Studying Strategy. Here's What I've LearnedIn this episode, Steve Coughran reveals six key lessons learned from over 15 years of helping companies grow and thrive. Discover how to simplify your strategy, avoid common traps, and focus on execution using Steve's IAR framework (Initiatives, Actions, Results). Perfect for business leaders looking to streamline strategy and drive real results.Tune in to build a more profitable, impactful business!Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been...2024-11-0711 min

Building Profit For Construction82: The 4 Ways Initiatives Help You to Crush Your StrategyIn this episode, Steve Coughran shares how to turn a solid strategy into real results using his IAR framework: Initiatives, Actions, and Results. After defining purpose, principles, and market focus, the next step is execution—and that’s where most companies stumble.Steve explains how to set the right strategic initiatives—ones that tackle core problems, elevate customer experience, drive innovation, and strengthen competitive advantage. Drawing from his work scaling and turning around businesses, he shows how execution isn’t about doing more—it’s about doing what matters.Perfect for leaders ready to move from plannin...2024-11-0512 min

Boosting Your Financial IQ138: Why You Should Pay Yourself FirstIn this episode of Boosting Your Financial IQ, Steve Coughran emphasizes the importance of proactively managing finances in both business and personal life by following a simple yet powerful principle: pay yourself first. He guides listeners on how to set aside profit consistently by calculating a desired profit percentage, establishing a separate profit account, and making monthly transfers. Steve explains that if transferring money isn't possible, it acts as an early warning sign of potential issues like insufficient working capital or low profitability. He discusses managing accounts receivable, inventory, and accounts payable to maintain healthy cash flow...2024-11-0411 min

Building Profit For Construction80: Straight Up Advice for Those Making Strategic DecisionsMany business owners struggle to grow because they overlook the one key constraint that holds them back. In this episode, Steve Coughran shares a proven framework he’s used to turn around and grow multi-million and billion-dollar companies. Discover how to identify your business's biggest obstacle and focus your resources on solving it for exponential growth. Steve discusses real-world examples and offers practical, actionable steps to boost your company’s value, improve cash flow, and drive long-term success—without burning out. Tune in and learn how to pinpoint the constraint that’s limiting your potential.Disclaimer:T...2024-10-2209 min

Boosting Your Financial IQ137: I Spent 8 Years Studying Finance In School. Here's What I LearnedNot understanding cash flow can put your business at serious risk. In this episode of Boosting Your Financial IQ, Steve Coughran emphasizes the critical importance of mastering free cash flow for business success. Drawing from his own experiences and real-world examples, Steve highlights how businesses often focus too much on profit while overlooking cash flow, which can lead to devastating consequences. Whether you're a student learning the ropes or a seasoned business owner, this episode will equip you with the knowledge to effectively manage your cash flow and prevent potential financial pitfalls.2024-10-2112 min

Building Profit For Construction78: 6 Key Financial Concepts You Should KnowMastering key financial concepts is essential for driving business success. In this episode, Steve Coughran cuts through the complexity and explains the six critical concepts you need to know for maximizing free cash flow and firm value. From NOPAT and working capital to growth strategies and WACC, Steve breaks down how these drivers can transform your business. Whether you’re a CEO or business leader, this episode offers clear, actionable insights to help you focus on what really matters and build long-term value. Disclaimer:The views expressed here are those of the individual Coltivar Gr...2024-10-1510 min

Boosting Your Financial IQ136: How to Start Learning Finance to Avoid Costly MistakesNot understanding financial statements can cost your business big time. In this episode of Boosting Your Financial IQ, Steve Coughran shares his personal experience of guessing his way through business finances early on and the costly mistakes he made. Steve discusses why mastering financial literacy is critical for making smarter decisions and running a profitable business. Whether you're just starting out or looking to improve your financial knowledge, this episode will help you understand the numbers that truly matter for long-term success. Disclaimer:BYFIQ, LLC is a wholly owned entity of C...2024-10-1410 min

Boosting Your Financial IQ133: Listen to This to Avoid Growing Yourself Out of BusinessIn this episode of Boosting Your Financial IQ, Steve Coughran discusses a critical yet often overlooked issue for fast-growing businesses—managing capital intensity. He explains how, even with profitability, a business can face bankruptcy if working capital and capital expenditures are mismanaged. Steve shares insights and practical calculations to help entrepreneurs avoid growing their businesses into financial trouble. Tune in to learn how understanding your capital requirements can keep you on the path to sustainable growth. Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The vi...2024-09-2314 min

Building Profit For Construction65: 4 Fundamentals of Strategy You Must KnowIn this episode, Steve Coughran breaks down what it really takes to build a winning strategy. He starts by clearing up a key misconception—strategy isn’t the same as strategic planning. Before execution comes clarity.Steve walks through the fundamentals: defining purpose, identifying your core strategic problem, evaluating options, and building customer-focused initiatives that drive long-term value. He also explains why aligning strategy with finance—especially around growth and return on capital—is essential for building a high-performing, resilient business.Whether you’re scaling a startup or rethinking your next move, this episode gives you the fr...2024-08-0113 min

Building Profit For Construction64: The Most Important Ratio to Measure Your Sales and Marketing EffectivenessIn this episode, Steve Coughran breaks down one of the most important metrics for scaling profitably: the LTV to CAC ratio. He explains how to calculate it, why aiming for at least 3:1 matters, and how it can attract investors and fuel sustainable growth.Drawing from real-world experience turning around and scaling companies, Steve shares actionable tips to boost customer lifetime value, lower acquisition costs, and track these numbers over time to guide smarter decisions. If you’re serious about scaling, this is one metric you can’t afford to ignore.Disclaimer:...2024-07-2507 min

Building Profit For Construction61: Strategy for The NowIn this episode, Steve Coughran unpacks the critical role business strategy plays in driving long-term success. He explores how strategic planning fuels innovation, sharpens competitive advantage, and positions companies for sustainable growth.Steve also highlights what’s at stake when businesses fail to adapt—missed opportunities, market irrelevance, and financial setbacks. With practical advice tailored for business leaders, this episode offers clear steps to align your strategy with shifting trends and real-world demands.Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the...2024-07-0410 min

Building Profit For Construction60: Why I Want You to Invest in Your Strategic AcumenIn this episode, Steve Coughran dives into why developing strategic acumen is essential for thriving in today’s fast-moving business world. He breaks down how mastering strategic thinking can lead to better decisions, sustainable growth, and a lasting competitive edge.Steve shares practical tips on identifying your core strategic problem, defining a clear purpose, and building principles that actually guide execution. Whether you’re leading a startup or scaling an established company, this episode will help you think more strategically and lead more effectively.Disclaimer:The views expressed here are those of t...2024-06-2717 min

Building Profit For Construction59: Why You Should Love What You Do In BusinessIn this episode, Steve Coughran explores one of the most underrated drivers of entrepreneurial success: passion. Drawing from his own journey as a founder and CFO, Steve shares why passion isn’t fluff—it’s fuel. It drives creativity, resilience, and purpose, turning a business into a mission and teams into believers.Packed with real stories and practical takeaways, this episode helps founders and leaders tap into what truly motivates them—and shows how to turn that energy into a strategic advantage.Disclaimer:The views expressed here are those of the individu...2024-06-2120 min

Building Profit For Construction56: What You Need to Know About Financial StatementsIn this episode, Steve Coughran breaks down the three core financial statements every business leader should understand: the income statement, balance sheet, and statement of cash flows. Drawing on his experience as a CFO, Steve explains how these tools reveal the true health of a business—and how they connect to strategic decisions. Whether you're tracking revenue, cash flow, or equity, this episode will give you the financial clarity you need to lead with confidence.Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not th...2024-05-3024 min

Boosting Your Financial IQ116: The 3 Things CEOs Should Know About FinanceJoin host Steve Coughran in this enlightening episode of the Boosting Your Financial IQ podcast as he unveils the three essential financial insights every CEO should master. Without revealing the specifics, Steve teases listeners with the promise of valuable knowledge that can transform your business approach. Discover how understanding the language of money can empower you to run a more profitable, cash flow positive business that consistently grows in value. Tune in to gain actionable insights and elevate your financial acumen, ensuring your leadership drives sustainable success and growth. Disclaimer:2024-05-2914 min

Building Profit For Construction55: How to Develop a Strategy for Your BusinessIn this episode, Steve Coughran walks through his proven 10-step strategy blueprint for building a winning business. From defining your purpose and pinpointing your core problem to researching the market and choosing the right strategic path, Steve shares a practical approach to creating clarity and momentum. It’s a must-listen for any founder looking to boost profits, outmaneuver the competition, and lead with purpose.Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in her...2024-05-2312 min

Boosting Your Financial IQ109: If You Like This Podcast, Listen to ThisDive into an exciting episode of the Boosting Your Financial IQ podcast with host Steve Coughran! Join us as Steve unveils significant changes to the show's format, promising to elevate your business success by delving deeper into the language of money. Discover how these tweaks will enhance your learning journey and provide even greater value. Plus, gain insights into Steve's personal introspection sparked by a profound scriptural passage, leading to adjustments aimed at better serving our valued audience. Tune in for an enlightening discussion that will empower you on your path to financial mastery and entrepreneurial triumph! 2024-04-0917 min

Building Profit For Construction48-What You Need to Know About the 4 Phases of StrategyIn this episode, Steve Coughran unpacks his signature framework: Diagnose, Design, Execute, and Empower. Drawing from years of experience, Steve shares a holistic approach to strategy that blends data, finance, and leadership. He explains how to uncover root issues through benchmarking, build a strategic blueprint, drive execution with clear accountability, and create a culture of continuous improvement. It’s a practical playbook for turning big ideas into real results.Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its af...2024-04-0410 min

Boosting Your Financial IQ107: 3 Things to Measure in Any BusinessIn today's episode of "Boosting Your Financial IQ," host Steve Coughran delves into the "3 Things to Measure in Any Business," simplifying the complex world of finance for leaders inundated with metrics, KPIs, and detailed reports. This clutter of data can often cloud judgment, steering focus away from the true drivers of financial success. Steve champions the power of simplicity, arguing that the essence of financial clarity can be distilled into three pivotal measures: sales, margin, and profit. Each of these metrics forms the cornerstone of effective financial management, providing clear insight into the health and direction of a business. "...2024-03-2610 min

Building Profit For Construction46: Every Company a Tech CompanyIn this week's episode, host Steve Coughran dives deep into the transformative idea that, in the coming decade, nearly every company will essentially become a tech company. This sweeping change isn't limited to sectors traditionally associated with technology; it spans across industries like plumbing, electrical, advertising, food and beverage, healthcare, retail, and beyond. The dichotomy between tech companies and 'everyone else' is blurring, accelerated by the pandemic's push towards digital and the continuous evolution of artificial intelligence. Today, technology isn't just a part of business operations; it's central to them, making it clear that regardless of the industry, every...2024-03-2106 min

Building Profit For Construction42: If You Want Better Results in Business, Listen to ThisIn this episode, host Steve Coughran dives into the crucial topic of achieving better results in business. He emphasizes the significance of having everyone in the organization on the same page and strategically aligned to drive success. Steve underscores the importance of putting the customer at the center of the strategy, highlighting how customer-centric approaches can lead to sustainable growth and competitive advantage. Furthermore, Steve discusses the necessity of making strategy relatable at all levels of the organization to ensure successful execution. By ensuring that every member of the team understands and embraces the strategic direction, businesses can effectively...2024-02-2208 min

Boosting Your Financial IQ101: What You Need to Know About Financial StatementsIn this episode of Boosting Your Financial IQ, your host Steve Coughran delves into the crucial topic of "What You Need to Know About Financial Statements." As a seasoned financial expert, Coughran guides listeners through the essential components of the income statement, balance sheet, and statement of cash flows. By breaking down these key financial documents, he empowers business professionals to gain a deeper understanding of their company's financial health and make informed decisions. Whether you're a seasoned executive or an aspiring entrepreneur, grasping the intricacies of financial statements is paramount for success and profitability in any business venture...2024-02-2018 min

Boosting Your Financial IQ99: The Power of Financial Modeling and FP&AWelcome, financial enthusiasts, to another episode of Boosting Your Financial IQ with our host, Steve Coughran. Today, we have a captivating discussion with Paul Barnhurst, the visionary Founder of The FP&A Guy, focusing on "The Power of Financial Modeling and FP&A." Steve delves deep into the conversation, exploring not just the importance of financial modeling but also the critical skills required to decipher the narrative within the numbers. Paul sheds light on the art of not only understanding the story behind financial data but also mastering the ability to communicate it with precision, empathy, and clarity. In...2024-02-0622 min

Building Profit For Construction39: It's Time to Fire that Toxic EmployeeIn this episode, your host Steve Coughran dives into the critical topic of "It's Time to Fire that Toxic Employee." Drawing on his extensive experience working with companies of various sizes and industries, Steve sheds light on the game-changing impact toxic employees can have on an organization. Sharing anecdotes from his days as the CFO of a major construction company, Steve emphasizes the detrimental effects of retaining toxic individuals, even if they are high performers. He discusses the delicate balance between the professional and personal aspects of such decisions and explores the widely recognized HR mantra: "Fire fast." Steve...2024-02-0113 min

Boosting Your Financial IQ97: How to Recover from Financial Trauma with Joyce MarterIn a highly anticipated episode of the Boosting Your Financial IQ podcast, acclaimed host Steve Coughran engages in a transformative conversation with Joyce Marter, the esteemed author behind Financial Mindset Fix. Together, they address the pressing topic of "How to Recover from Financial Trauma." With a focus on empowering individuals who have faced financial setbacks such as divorce, bankruptcy, or business failure, Coughran and Marter provide invaluable insights on reclaiming the financial life we deserve to live. Drawing from their expertise and real-world examples, they guide listeners towards overcoming adversity, rebuilding financial stability, and embracing a future filled with...2024-01-2315 min

Boosting Your Financial IQ95: Shifting from a Scarcity to Abundance Mindset with Joyce MarterIn a captivating episode of the Boosting Your Financial IQ podcast, host Steve Coughran engages in a thought-provoking conversation with Joyce Marter, the esteemed author behind Financial Mindset Fix. Together, they explore the transformative concept of "Shifting from a Scarcity to Abundance Mindset." By delving into the depths of our limiting beliefs and challenging our preconceived notions about money, Coughran and Marter provide listeners with valuable insights on how to change their relationship with finances. In this illuminating discussion, they guide us towards reframing our mindset and embracing a world of boundless opportunities, where we can overcome scarcity and...2024-01-0919 min

Boosting Your Financial IQ90: Why You Need to Think Like a Family Office with Nolan BradburyWelcome to the Boosting Your Financial IQ podcast, where host Steve Coughran engages in thought-provoking conversations with industry leaders. In this captivating episode, Steve sits down with Nolan Bradbury, Founder of Bradfield Accounting, to explore the intriguing concept of "Thinking Like a Family Office." Together, they unravel the essence of a family office and the importance of building a team of trusted advisors. Join us as we delve into the significance of getting your financial house in order and shifting your mindset towards long-term thinking, focusing on legacy planning rather than solely covering expenses day-to-day. Nolan shares valuable insights...2023-12-0540 min

Boosting Your Financial IQ88: Successful Trading with Tony GreerIn an engaging episode of the Boosting Your Financial IQ podcast, esteemed host Steve Coughran engages in a thought-provoking conversation with Tony Greer, Editor of the Morning Navigator, focusing on the intriguing subject of "Successful Trading." Together, they delve into key aspects of the trading world and explore the reasons behind the staggering statistic that 97 percent of traders are not profitable. Additionally, they shed light on the technology required to embark on a trading journey in financial assets, outlining the essential steps to get started. The episode also provides valuable insights on how to achieve success in trading stocks...2023-11-2146 min

Boosting Your Financial IQ87: The Dupont Analysis ExplainedIn the Boosting Your Financial IQ podcast, hosted by Steve Coughran, listeners are taken on a journey to expand their financial knowledge and make informed decisions. One important concept discussed is the DuPont analysis. This analytical tool, named after the DuPont Corporation, helps investors and business owners understand the factors that contribute to a company's return on equity (ROE). By breaking down ROE into its key components, such as profit margin, asset turnover, and financial leverage, the DuPont analysis provides a comprehensive view of a company's financial health and performance. Steve Coughran explains why the DuPont analysis matters, highlighting...2023-11-1418 min

Boosting Your Financial IQ86: Finance Fundamentals You Should KnowIn the Boosting Your Financial IQ podcast, hosted by Steve Coughran, listeners are taken on a journey to understand the fundamentals of finance. Steve Coughran, with his wealth of experience as a business owner, management consultant, and CFO, provides valuable insights and knowledge to empower individuals in their financial lives. One of the highlights of the podcast is the BYFIQ Financial Assessment, a free tool that allows you to gauge your financial literacy. By reviewing the answers to this assessment, Steve Coughran guides listeners towards a deeper understanding of personal finance and helps them improve their financial IQ. It's...2023-11-0725 min

Building Profit For Construction25: The Ins and Outs of Strategic Finance with Keith DownhamIn this episode, Steve Coughran is interviewed by Keith Downham, Co-Founder of Coltivar Growth Partners, on "The Ins and Outs of Strategic Finance." They discuss Steve's entrepreneurial journey, the synergy between strategy and finance, and the difference between a strategic CFO and a traditional CFO. This insightful conversation offers valuable lessons on how strategic finance drives long-term business success. Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from thir...2023-10-1848 min

Boosting Your Financial IQ82: The Power of Paying YourselfIn the latest episode of the Boosting Your Financial IQ podcast, hosted by Steve Coughran, listeners are taken on a journey to understand the transformative power of paying yourself first. With his extensive experience as a business owner, management consultant, and CFO, Coughran shares valuable insights on how individuals can invest in their financial future. He emphasizes the importance of increasing earnings, reducing costs, and creating margin to set aside for savings accounts, retirement funds, or individual brokerage accounts. Furthermore, Coughran delves into how businesses can adopt a profit-first mentality to achieve the desired level of profitability. Through clear...2023-10-1013 min

Building Profit For Construction23: How Momentum and Speed Make or Break a Startup with Thomas WalleIn the latest episode of the Business Strategy podcast, host Steve Coughran dives deep into the world of startups with a special guest, Thomas Walle, the CEO of Unacast. Together, they explore the critical role that momentum and speed play in the success or failure of a startup. Throughout the conversation, Walle shares valuable insights on how to harness momentum by implementing OKRs (Objectives and Key Results) to align the organization and achieve desired results. They also discuss the comparison between OKRs and Coltivar's proprietary IARs systems (Initiatives, Actions, and Results). Additionally, Coughran and Walle provide expert advice on...2023-10-0444 min

Boosting Your Financial IQ81: How to Begin Trading Options With Jason BrownIn the informative and educational Boosting Your Financial IQ podcast, host Steve Coughran engages in a thought-provoking conversation with Jason Brown, Founder of the Brown Report. Together, they delve into the topic of "How to Begin Trading Stock Options" and emphasize the importance of investing in one's education, finding margin, and taking calculated risks. As Jason shares his expertise, listeners gain valuable insights on how to navigate the world of stock options and make informed investment decisions. This enlightening episode serves as a reminder that continuous learning and strategic decision-making are crucial elements in the journey towards financial success.2023-10-0352 min

Building Profit For Construction22: Defining Your Strategic ProblemIn this episode, hosted by Steve Coughran, listeners are enlightened about the criticality of clearly identifying their strategic problem. Steve emphasizes that understanding and articulating the strategic problem at hand is fundamental to pursuing the right initiatives that will effectively overcome the challenge. By defining the strategic problem, businesses can align their resources, efforts, and strategies towards addressing the core issue. This comprehensive approach enables organizations to build resiliency, adapt to market changes, and maximize firm value in the long run. Steve's insightful discussion underscores the significance of a strategic problem as the foundation for developing impactful solutions and...2023-09-2715 min

Boosting Your Financial IQ80: The Upside of Business EquityIn the latest episode of the Boosting Your Financial IQ podcast, titled "The Upside of Equity," host Steve Coughran delves into the compelling advantages of participating in business equity. This enlightening episode highlights the potential for high returns that investing in business equity can bring. As companies experience growth and success over time, investors have the opportunity to reap significant rewards on their investments. Moreover, owning business equity grants investors a sense of ownership and control, enabling them to have a say in the company's decision-making processes. Steve emphasizes how some companies distribute profits to shareholders through dividend payments...2023-09-2625 min

Building Profit For Construction21: Crafting an Ideal Customer ProfileIn this episode, hosted by Steve Coughran, listeners are guided through the art of crafting an ideal customer profile. With an emphasis on clear, concise language and a persuasive tone, Coughran dives into the process of identifying customer values, digging deep into their urgent problems, and analyzing macro trends that impact their space. By leveraging statistics, anecdotes, and direct address, he compels listeners to understand the importance of creating an ideal customer profile. Highlighting the significance of triggers and using data-driven insights, Coughran empowers individuals to align their companies with their target customers' needs. Through this strategic approach, businesses...2023-09-2024 min

Boosting Your Financial IQ79: Decoding Publicly Traded Financial StatementsIn the Boosting Your Financial IQ podcast, hosted by Steve Coughran, listeners gain valuable insights into Decoding Publicly Traded Financial Statements. Coughran, drawing from his extensive experience as a business owner, management consultant, and CFO, provides a clear and comprehensive breakdown of the key components to pay attention to in these statements. He takes listeners on a quick walk-through of financial statements, emphasizing the importance of understanding financial statements such as the income statement, balance sheet, and cash flow statement. By leveraging this data, Coughran highlights how listeners can make better business and investment decisions. Through practical examples, stories...2023-09-1923 min

Building Profit For Construction20: Aligning Business Strategy and Exit Planning with Dawn BloomerIn this episode, host Steve Coughran sits down with renowned Business Strategist Dawn Bloomer to delve into the critical topic of aligning business strategy with exit planning. Throughout the episode, they emphasize the significance of making informed decisions when it comes to selecting the right business entity. They also explore strategies for building a business in a way that mitigates keyman risks, ensuring the continuity of success even in the face of unexpected changes. Furthermore, Coughran and Bloomer shed light on the importance of thoughtful exit planning to maximize firm value. By considering various exit strategies, listeners gain valuable...2023-09-1353 min

Boosting Your Financial IQ78: Navigating Asset Bubbles and Financial CrisesIn the "Navigating Asset Bubbles and Financial Crises" episode of the Boosting Your Financial IQ podcast, Steve Coughran delves into the intriguing world of asset bubbles and provides valuable insights on how to navigate their perils while capitalizing on potential opportunities. Coughran starts by offering a concise history of asset bubbles, shedding light on their patterns and the factors that contribute to their formation. He then explores the correlation between asset bubbles and debt cycles, emphasizing how excessive borrowing can fuel the growth of these bubbles and eventually lead to their bursting. Using a mix of statistics, anecdotes, and...2023-09-1238 min

Building Profit For Construction19: Choosing the Right Entity StructureIn this episode of the Business Strategy podcast, Steve Coughran explores the importance of choosing the right entity structure when starting or scaling a business. From sole proprietorships to LLCs and corporations, Steve highlights how aligning your structure with your strategy can protect assets and drive growth. Tune in for essential insights to help you make informed decisions for long-term success. Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obta...2023-09-0626 min

Boosting Your Financial IQ77: How to Use Capital Budgeting to Make Better Financial DecisionsIn the latest episode of the podcast Boosting Your Financial IQ, host Steve Coughran dives deep into the world of capital budgeting and its significance as a powerful financial tool. Steve emphasizes the importance of coupling capital budgeting with a well-defined strategy to make great long-term investment decisions. With insightful examples and expert analysis, Steve unravels the complexities of capital budgeting and demonstrates how it can help individuals and businesses alike in maximizing their financial growth and stability. Don't miss this enlightening episode that will surely boost your financial knowledge and empower you to make smarter investment choices. Tune...2023-09-0530 min

Building Profit For Construction18: From Software to Skis With Ted EynonIn this episode of the Business Strategy podcast, host Steve Coughran sits down with the Founder of Meier Skis, based in Denver, Colorado, to delve into his remarkable journey from selling Christmas trees to building a thriving business of crafting handmade skis. The conversation touches on the various pivots and transitions along the way, including detecting gas leaks and developing software. Together, they explore the challenges and grind of entrepreneurship, highlighting the importance of putting the customer at the center of every decision. They also discuss the delicate balance between strategy and intuition that has been instrumental in the...2023-08-3048 min

Boosting Your Financial IQ76: From Teenage Entrepreneur to Financial Visionary With Marco BavettaIn this insightful episode of the Boosting Your Financial IQ podcast, host Steve Coughran engages in an enlightening conversation with special guest Marco Bavetta. The discussion covers a range of topics, starting with the intricacies of entrepreneurship and the key factors that contribute to success in business ventures. Coughran shares valuable insights on how to get started in business, emphasizing the importance of aligning our daily patterns with long-term goals. He highlights the power of taking small and simple steps consistently, as they can lead to significant achievements over time. Coughran and Bavetta also delve into the future of...2023-08-2955 min

Building Profit For Construction17: The Do's and Don'ts of Expanding Abroad With Dr. Shan NairIn this episode of the Business Strategy Podcast, host Steve Coughran talks with Dr. Shan Nair, President of Nucleus, about key strategies for expanding businesses abroad. They discuss the importance of hiring culturally competent leaders, leveraging local experts, and evaluating a company's readiness based on financial strength and market demand. Dr. Nair emphasizes how understanding cultural nuances and working with local professionals can boost the chances of success in new markets. Tune in for valuable insights on unlocking profitable growth through international expansion. Disclaimer:The views expressed here are those of the individual Coltivar...2023-08-2352 min

Boosting Your Financial IQ75: The Difference Between Profit and Cash FlowWelcome to another episode of "Boosting Your Financial IQ" with your host, Steve Coughran! In today's episode, we'll be diving deep into an essential topic that often confuses even seasoned entrepreneurs and business leaders: the difference between profit and cash flow. Understanding this distinction is crucial for making sound investment decisions and running a business successfully. So, let's break it down.When we talk about measuring value, there are different ways to approach it. Accounting profit is a common metric, but it doesn't always give us the full picture. That's where economic profit and intrinsic value come...2023-08-2228 min

Building Profit For Construction16: How to Integrate Finance With Your StrategyIn this episode of the Business Strategy podcast, Steve Coughran discusses the importance of integrating finance with strategy. He explains how clear strategic initiatives guide financial decisions, resource allocation, and long-term success. Coughran highlights the need for a financial plan that aligns with business goals, covering revenue, expenses, and cash flow. He also emphasizes regular financial analysis and continuous monitoring to adapt and stay aligned with strategic objectives. This episode offers valuable insights on merging finance and strategy for business growth. Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Co...2023-08-1620 min

Boosting Your Financial IQ74: How to Get Control of Your SpendingIn the episode, host Steve Coughran delves into the significance of various aspects related to personal finance. He emphasizes the importance of paying yourself, which involves setting aside a portion of your income for savings or investments. Coughran also highlights the need to cultivate the right mindset when it comes to money, shifting our perspective from instant gratification to long-term financial goals. Additionally, he discusses the concept of overcoming our small selves, which refers to the ego-driven and limited aspects of our identities that can hinder financial growth. By transcending these self-imposed limitations, we can feel empowered to make...2023-08-1539 min

Building Profit For Construction15: The Customer First Approach to Strategy With Debbie LevittIn the podcast episode titled "The Customer First Approach to Strategy," host Steve Coughran engages in a thought-provoking conversation with Debbie Levitt, Chief Experience Officer at Delta CX. This captivating discussion delves into the power of adopting a customer-centric strategy and its potential to enhance various aspects of business performance. By placing the customer at the heart of strategic decision-making, organizations can experience a boost in sales, heightened engagement levels, improved employee morale, and an overall increase in firm value. The episode provides valuable insights and practical advice for businesses looking to prioritize the customer experience in their strategic...2023-08-0944 min

Boosting Your Financial IQ73: 3 Reasons Why Most People Don't Become RichIn the captivating podcast episode titled "The 3 Reasons Why Most People Don't Become Rich," the enthusiastic host, Steve Coughran, delves deep into the core factors that hinder wealth creation. With expert analysis and engaging storytelling, Coughran unveils the first reason: the failure to take action. He emphasizes the crucial importance of seizing opportunities and implementing ideas, highlighting how inaction can stagnate financial growth. Moving on, Coughran explores the second reason - the lack of financial acumen. Through practical examples and insightful anecdotes, he underscores the significance of acquiring the knowledge and skills necessary to make informed financial decisions. Lastly...2023-08-0829 min

Building Profit For Construction14: Preparing People For the Uncertainty of Tomorrow with Chris MarshallIn this captivating episode of the Business Strategy podcast, host Steve Coughran engages in a thought-provoking conversation with renowned behavioral scientist, Chris Marshall. Together, they delve into the crucial topic of preparing individuals and organizations for the uncertainties of tomorrow. Chris introduces his groundbreaking "pause-pause" framework, which empowers influential leaders to embrace a moment of reflection, enabling them to navigate ambiguity with clarity. By adopting this approach, leaders can make better decisions, drive greater value, and ultimately thrive in an ever-changing business landscape. Tune in to gain invaluable insights on how to embrace uncertainty and unlock limitless potential in...2023-08-0246 min

Boosting Your Financial IQ72: Creating a Rich Life-Strategies for Financial SuccessIn this inspiring episode of "Boosting Your Financial IQ," host Steve Coughran engages in a captivating discussion with Dean Thurman, the visionary founder of InvestWise. Dean shares his remarkable entrepreneurial journey, recounting the challenges and triumphs he experienced while building his successful financial advising firm and various other ventures. Join us as Dean imparts invaluable insights and strategies for creating a rich and financially successful life. From mastering investment strategies to cultivating a growth mindset, this episode is a must-listen for anyone seeking to enhance their financial IQ and achieve lasting prosperity. Don't miss out on this opportunity to...2023-08-0155 min

Strategic Financial Leadership52: Leveraging AI to Drive Better and Faster Decisions at ScaleIn this episode of the Strategic Financial Leadership Podcast, host Steve Coughran sits down with Kurt Stein, President of DCT Strategy, Inc, to explore the power of leveraging artificial intelligence (AI) in driving better and faster decisions at scale. Join Steve and Kurt as they delve into the world of AI and its transformative potential for strategic financial leadership.Steve and Kurt begin by discussing how AI technologies can augment decision-making processes within organizations. They explore how AI algorithms and machine learning techniques can analyze vast amounts of data, detect patterns, and provide valuable insights to inform...2023-07-3140 min

Building Profit For Construction13: What is a Strategic InitiativeIn this episode of the Business Strategy podcast, Steve Coughran breaks down strategic initiatives and their role in driving business success. He explains how these initiatives help companies tackle challenges, build competitive advantages, and enhance customer experiences. Through real-world examples, Steve shows how aligning strategic initiatives with company goals can fuel innovation, improve efficiency, and expand markets. Whether you're a business owner or strategist, this episode offers valuable insights into the power of strategic initiatives.Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the...2023-07-2614 min

Boosting Your Financial IQ71: 5 Financial Mistakes Most Entrepreneurs Make in BusinessIn this episode of Boosting Your Financial IQ, host Steve Coughran delves into the world of financial management for entrepreneurs and explores the five most common financial mistakes made in business. Join Steve as he uncovers the pitfalls that many entrepreneurs fall into and shares insights on how to avoid them. First, Steve highlights the importance of maintaining a clear and streamlined chart of accounts. He discusses how an overly complicated chart can lead to confusion, errors, and inefficiencies in financial reporting, and provides tips on simplifying and organizing financial records effectively. Next, Steve tackles the issue of a...2023-07-2528 min

Strategic Financial Leadership51: Leveraging Alternative Assets Like the Ultrawealthy With Ben FraserGet ready for an insightful conversation on the latest episode of Strategic Financial Leadership, as host Steve Coughran sits down with Ben Fraser, Chief Investing Officer at Aspen Funds, to explore how alternative assets can benefit investors, particularly the ultrawealthy. In this exciting episode, Ben shares his expert insights on investing in real estate, a popular choice among high-net-worth individuals. Steve and Ben delve into the specifics of alternative investments and how they differ from traditional investments like stocks and bonds. You'll learn why ultrawealthy individuals often favor alternative investments and what types are most common among them. They...2023-07-2454 min

Building Profit For Construction12: How To Use IARs to Drive ExecutionIn this episode of the Business Strategy podcast, Steve Coughran introduces the IAR framework—Initiatives, Actions, and Results—as a methodical approach to creating agile strategies that reduce risk, differentiate from competitors, and drive outcomes. IARs help teams assign ownership, set clear initiatives, design actions to advance them, and measure results. Steve explains how strategy can often feel overwhelming, but IARs simplify the process by establishing strategic patterns that make execution a habit. By ingraining strategy into everyday operations, teams can be proactive, align actions with goals, and track progress effectively. Tune in to learn how IARs can streamline stra...2023-07-1939 min

Boosting Your Financial IQ70: Asking for More Money and Increasing Your IncomeIn this episode of Boosting Your Financial IQ, host Steve Coughran shares unconventional tips for people who want to successfully ask for more money at work and increase their overall income. Drawing on his years of experience in finance and business, Steve provides actionable strategies that can help listeners take control of their earning potential. Steve discusses the importance of focusing on the value that you bring to the table, rather than just your qualifications and experience. He stresses the need to create a plan for increasing your contributions to the company, whether that means taking on additional responsibilities...2023-07-1830 min

Strategic Financial Leadership50: Using Data to Transform the CFO Role With Aneal VallurupalliTune in to the latest episode of Strategic Financial Leadership, where host Steve Coughran talks with Aneal Vallurupalli, CFO of Airbase, to discuss how technology and data analytics are empowering CFOs and their finops teams to make more informed strategic decisions. In this engaging conversation, you'll learn from an experienced finance leader about how leveraging the right tools and insights can help organizations enhance cash flow, manage costs, and improve efficiencies. Aneal shares his insights on the key challenges facing finance teams today, and how innovative solutions can help mitigate these issues. Whether you're a CFO, financial analyst, or...2023-07-1750 min

Strategic Financial Leadership49: The False Economic Narrative of Youth With Vadim VerkhoglyadWelcome to the Strategic Financial Leadership podcast! In this episode, host Steve Coughran chats with Vadim Verkhoglyad, Vice President and Head of Research Publication at dv01. Together, they dive into a thought-provoking summary that challenges common media narratives about American households.The summary suggests that many media narratives focus on the constant struggles of American households and miss the substantial income gains and wealth effects experienced by a wide variety of households in recent years, particularly those at the lower end of the income spectrum. Gen Z is a prime example of this trend, with economic prospects...2023-07-1150 min

Boosting Your Financial IQ69: How to Get Your Financial House in OrderJoin Steve Coughran, a seasoned finance leader and host of Boosting Your Financial IQ, for an informative and engaging episode focused on taking action to improve your financial life. In this episode, Steve shares his valuable insights and provides listeners with practical steps to get their financial house in order, whether from a personal or business perspective. Steve covers key topics such as budgeting, investing, and managing debt, and shares tips on how to increase your financial literacy. He also provides guidance on how to set specific financial goals and create a plan to achieve them. Whether you're just...2023-07-1130 min

Building Profit For Construction10: The Courage to Make Bold Moves with Steven GinsburgJoin host Steve Coughran as he interviews Steven Ginsburg, Founder of Restore Detox Centers and author of the book "Filling the Void" in this inspiring episode of the podcast. Steven shares his personal story of healing and transformation, and how he was driven by his passion to start a detox center to help others who were struggling with addiction. He discusses the bold moves he made to follow his heart and turn his vision into a reality, as well as the challenges and obstacles he faced along the way. Steven's journey is a testament to the power of faith...2023-07-0546 min

Boosting Your Financial IQ68: Will More Money Make You Happy?Join host Steve Coughran as he interviews Chris Budd, the author of the Four Cornerstones of Financial Wellbeing, in this episode of the podcast. In this thought-provoking discussion, they delve into the question of why so many of us feel dissatisfied and unfulfilled when it comes to money. Chris challenges the conventional wisdom that accumulating more wealth is the key to financial independence, and suggests that true contentment lies in becoming more aware of what truly makes us happy. By focusing on the four cornerstones of financial wellbeing - security, freedom, options, and happiness - we can unlock new...2023-07-0453 min

Building Profit For Construction09: The Old and New Way of Building a StrategyIn this episode, Steve Coughran explores the evolution of strategy, from its military origins to its modern business application. He contrasts the old, traditional frameworks with today's focus on agility, innovation, and adaptability. Steve shares key insights into building effective strategies using data-driven decisions, collaboration, and customer-centric approaches. He challenges listeners to rethink their strategy and embrace new ways of strategic planning. Whether you're a leader or entrepreneur, this episode offers valuable inspiration for enhancing your strategic thinking.Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quot...2023-06-2827 min