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Boosting Your Financial IQ
The Boosting Your Financial IQ podcast deconstructs accounting and financial concepts to provide listeners with a holistic understanding of how money works and how to create more value. The host, Steve Coughran, brings his wealth of experience working as a business owner, management consultant, and CFO to share examples, stories, and analogies that deepen business acumen and build skills related to financial literacy. Boosting Your Financial IQ centers in on financial and accounting topics that will empower you to identify value drivers and boost financial performance. Whether you are new to finance or a seasoned professional, this fresh podcast will equip you with real-life financial knowledge that will enable you to speak the language of money. Visit www.byfiq.com to learn more.
Episodes
206 episodes
154: 3 Things I Learned as CFO of a Billion Dollar Company
Master business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/What does it really take to lead the financial strategy of a billion-doll...
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Episode 154
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13:20
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153: Don't Let Numbers Be an Excuse for Inaction
Master business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/Too many leaders hide behind financial data, delaying action until every ...
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Episode 153
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8:35
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152: If You Want to Be a Profitable Entrepreneur, Listen to This
Master business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/Got a brilliant business idea? Great! But can you explain your unit econ...
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Episode 152
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7:18
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151: Can You Fake It Till You Make It in Finance?
Master business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/Ever felt the panic of being promoted into a leadership role, only to re...
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Episode 151
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8:02
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BYFIQ Hits One Million Downloads!
Master business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/What began as a simple idea to teach financial literacy has grown beyond...
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3:41
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150: The X Factor and How it Drives Higher Profits
Master business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/What if a single number could transform how you think about discounts, b...
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Episode 150
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7:49
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149: The 4 Levers of Profit You Must Know
Master business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/Are you leaving money on the table without even knowing it?In th...
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Episode 149
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11:35
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148: If You Are 15-25 Years Old, Listen to This
Master business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/Are you ready to make decisions today that your future self will thank y...
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Episode 148
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15:10
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147: Want to Increase Your Financial IQ? Here's Exactly How to Get Started
Master business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/In this episode of Boosting Your Financial IQ, Steve shares a game-c...
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Episode 147
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22:22
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146: I Promise This Will Change Your Financial Future
Master business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/Finance is the language of business, and becoming fluent in it can t...
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Episode 146
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18:17
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145: What is Invested Capital and Why Should You Care
Is your business truly profitable, or is it running on borrowed time?In this episode of Boosting Your Financial IQ, Steve dives into the game-changing concept of invested capital—what it is, why it matters, and how it can trans...
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Episode 145
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13:17
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144: Profit Explained. The Difference Between Gross, Operating, and Net
In this episode of Boosting Your Financial IQ, Steve dives deep into the three critical types of profit every business leader must understand. Gross profit, operating profit, and net profit each hold the key to uncovering your ...
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Episode 144
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12:20
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143: Neglecting This Aspect of Revenue Recognition Can Harm Your Business
Is your profit really profit—or just an illusion? In this episode, Steve pulls back the curtain on the hidden traps of cash-basis accounting, exposing how tools like QuickBooks can trick business owners into celebrating wins that don’t exist. W...
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Episode 143
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8:12
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142: Want to Learn Finance? Here's How to Get Started
Discover how Steve turned early struggles into a roadmap for financial mastery. From building multimillion-dollar businesses to creating over $1 billion in value, Steve shares the seven steps that transformed his financial IQ.Packed wit...
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Episode 142
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15:42
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141: Lessons from Three Decades of Financial Expertise
Ever wondered what separates successful business leaders from the rest?In this episode, Steve shares his journey from a broke 16-year-old hustling at Dairy Queen to creating over a billion dollars in value for companies. Packed with rea...
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Episode 141
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9:30
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140: Finance, Business, and Life: Q&A with Steve
In this episode of Boosting Your Financial IQ, Steve dives into an engaging Q&A session fueled by real questions from listeners who took the Financial IQ Assessment at BYFIQ.com.From bootstrapping your business and masterin...
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Episode 140
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32:27
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139: 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 O...
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Episode 139
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14:55
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138: Why You Should Pay Yourself First
In 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 liste...
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Episode 138
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11:55
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137: I Spent 8 Years Studying Finance In School. Here's What I Learned
Not 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 experienc...
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Episode 137
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13:21
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136: How to Start Learning Finance to Avoid Costly Mistakes
Not 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 ...
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Episode 136
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11:17
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135: You Have Profits, But No Cash. Here's Why
Learn why having profits doesn't always mean having cash and how it could be holding your business back. Steve breaks down common cash flow issues and explains how your inventory and accounts receivable might be tying up cash. In this episode, ...
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Episode 135
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11:10
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134: Here's a Pivot You'll Want to Hear About
In this episode of Boosting Your Financial IQ, Steve takes you behind the scenes and shares a personal story about how the podcast started and how it evolved over time. He also reveals a shift in focus towards his other podcast, Business Strate...
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Episode 134
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10:57
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133: Listen to This to Avoid Growing Yourself Out of Business
In 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 bankrup...
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Episode 133
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15:18
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132: The #1 Skill You Should Master From Billionaire Tilman Fertitta
In this episode of Boosting Your Financial IQ, Steve emphasizes the critical importance of knowing your numbers to achieve success in business. Drawing insights from billionaire Tilman Fertitta’s book Shut Up and Listen, he shares how ...
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Episode 132
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15:28
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131: The 6 Drivers of Financial Fitness
In this episode, Steve discusses the key strategies for boosting financial success, including innovative investment ideas, smart savings tips, and effective debt management techniques. Tune in to learn practical advice for improving your financ...
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Episode 131
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18:45
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