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
191 episodes
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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32:24
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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14:52
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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11:52
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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13:18
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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11:14
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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11:07
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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10:54
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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15:15
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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15:25
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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18:42
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130: What Surprised Me About Your Financial IQ Assessments
Uncover surprising insights from over 1,000 Financial IQ assessments and learn why many struggle with financial decision-making. Explore how enhancing your financial literacy can drive business success and personal growth. Discover key strategi...
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Episode 130
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14:35
129: 5 Financial Skills I Wish I Had When Starting in Business
In this episode of Boosting Your Financial IQ, Steve reveals the top five financial skills he wishes he had when starting his business. From mastering financial statements to advanced forecasting and valuation techniques, Steve shares practical...
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Episode 129
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10:13
128: Financial Skills to Pay the Bills
In this episode of Boosting Your Financial IQ, Steve delves into the importance of financial skills and how mastering them can drive business success. Drawing from his experience as a CFO and his work with multi-million and billion-dol...
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Episode 128
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12:07
127: How to Read These 3 Essential Financial Statements
Are you making the same costly mistakes in your business without even knowing it? In this episode of "Boosting Your Financial IQ," we dive deep into the three essential financial statements every business owner must know: the income statement, ...
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Episode 127
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17:50
126: Do You Know Your Financial IQ Score?
In this episode of BYFIQ, I dive into a fascinating analogy between overconfidence in the kitchen and financial literacy in business. It all started while watching an episode of MasterChef, one of my favorite shows. I was struck by the overconf...
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Episode 126
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8:23
125: Calculating Your ROI
If you are looking for a greater return on investment, today I am detailing what business owners and entrepreneurs need to know about how to calculate their ROI and monitor the financial health of a business for an accurate accounting of where ...
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Episode 125
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14:50
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124: The 5 Most Important Finance Skills You Double Down On
In this episode of Boosting Your Financial IQ, I delve into the five essential finance skills you need to become a value creator in any business. Drawing from my extensive career as a CEO, CFO, and investor, I share practical insights into unde...
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Episode 124
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11:58
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123: 6 Key Financial Concepts You Should Master
In this week’s episode of "Boosting Your Financial IQ," I explore critical financial concepts you need to know and understand. While there are countless financial metrics and theories, today, I’m cutting through the noise to focus on the six ke...
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Episode 123
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12:15
122: Don't Make This Mistake with Your Financial Literacy
Are you entrusting your financial future to someone else without understanding the basics? Learn why this approach can be a critical error and how you can avoid it. In this episode of "Boosting Your Financial IQ," I explore the necessity of fin...
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Episode 122
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8:42
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121: How to Read a Statement of Cash Flows Like a CFO
Unlock the secrets to mastering cash flow analysis and elevate your financial savvy to the level of a CFO. In this enlightening episode of Boosting Your Financial IQ, I dive deep into the critical importance of cash flow for any business, revea...
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Episode 121
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19:18
120: How to Read a Balance Sheet Like A CFO
Join me on this enlightening episode, where I dive into the cornerstone of financial analysis: the balance sheet. As a CFO with years of experience navigating financial landscapes, I am taking you on a guided tour through the intricate world of...
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Episode 120
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19:29
119: How to Read An Income Statement Like a CFO
Ever wished you could interpret your company's income statement like a seasoned CFO? Unlock the secrets of financial literacy in my latest episode, where I break down the income statement into its core elements—revenue, expenses, and profits. J...
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Episode 119
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23:38
118: Your Vision, Your Future
In today’s fast-paced world, it's easy to lose sight of our true aspirations amidst daily demands. Consider this episode your weekly dose of inspiration and practical advice, helping you to pause, reflect, and realign with your life's purpose. ...
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9:23
117: Top Career Paths and Opportunities for Finance Majors
From running a landscape company as a teenager to founding a consulting firm, my journey has been anything but ordinary. Join me as I share how dropping out of college and facing numerous setbacks led me to a deeper understanding of financial s...
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Episode 117
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42:35
116: The 3 Things CEOs Should Know About Finance
Join 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 promi...
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Episode 116
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15:12
