Podcast appearances and mentions of cash you need

Dreaming of owning your own machine shop but hitting a wall when it comes to the money? You're not alone—and you're definitely not out of options. In this episode of MakingChips' Machine Shop MBA series, host Mike Payne sits down with Jon Hughes, Principal and CFO Consultant at CliftonLarsonAllen (CLA), to unpack what it really takes to fund a manufacturing business in today's economy. Too many would-be shop owners assume they need a mountain of cash sitting in the bank before they can even begin. But what if we told you that buying an existing shop—yes, even one with tired machines and outdated systems—could actually be less risky than starting from scratch? What if seller financing, SBA loans, or creative capital stacks could unlock the dream faster than you thought? This isn't just about borrowing money—it's about funding your future wisely. From assessing your own personal runway to building a mixed financing strategy that includes banks, lines of credit, equipment lenders, and even friends and family, this conversation goes deep. Mike and Jon cover the practical tools every owner should use (hint: you'll want to Google “13-week cash flow”) and how to present a rock-solid financial plan that banks will actually take seriously. If you're wondering how to turn your machining expertise into a business that's not only viable—but scalable—this is the episode to hit play on. Because if you're not MakingChips, you're not making money… but if you can't fund the shop, you can't make chips either. Segments (00:00) Why funding is the next step in your Machine Shop MBA journey (0:21) Learn how to grow your top and bottom line with CLA (1:36) Introducing Jon Hughes and his role helping manufacturers at CLA (3:49) The two big funding buckets: operations and equipment (08:18) The case for buying a shop over building from scratch (12:16) Seller financing explained: benefits, risks, and how it works (19:12) The reality of personal capital—and when to tap family, home equity, or personal loans (24:58) Bank loans vs. SBA loans: how they differ and when to choose each (31:40) Why you need to take the Modern Machine Shop Top Shop survey (33:23) What can and can't be financed—especially when it comes to equipment vs. working capital (35:18) Determining how much working capital you really need (39:54) Cash flow crunches: how a 13-week forecast can keep you afloat (46:32) Planning for the unexpected: best-case, worst-case, and baseline budgets (49:20) What a blended funding structure could look like (54:35) Using equipment financing and lines of credit creatively (57:20) Final takeaways + the importance of building your financial advisor network (1:03:00) Why you have to check out the Machine Shop Mastery podcast Resources mentioned on this episode Learn how to grow your top and bottom line with CLA 7(a) loans through the SBA Take the Modern Machine Shop Top Shop survey Connect with Mike to get a 13-week cashflow sheet Connect with Jon Hughes at CLA Jon.Hughes@CLAConnection.com Smart Money Moves: Equipment Financing Tips with Ty Willis, Ep #5 The Cashflow Advantage: Why the Right Banker Makes All the Difference, Ep #6 Banking Secrets for Manufacturers: How to Secure the Cash You Need, Ep #12 Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube

Hey Mama,   Today we are going to be digging a little deeper into saving money. As a beginner the idea is simply to put money into your savings account each and every month. And while this is a great start it's even more important to make sure each dollar has a job even in the savings account. That's why in this episode you are going to learn about sinking funds and how with their help you will always have the cash you need on hand!    Go plug in your headphones, grab a cup of tea and let's dive in.    Xo  Molly    P.S. I am offering free Clarity Calls to help you figure out why you are struggling to stick to your budget and help you create your personal solution to stay on budget. Go to calendly.com/mollybenell and book your call today.  . . . Next Steps:  . Book a FREE Clarity Call . Join The One Income Family Community  . Become a One Income Family Insider . Questions? Email me at mollybenell@gmail.com .  Resources:  96. Is Your Money Spread Thin So You Never Actually Reach Your Goals? How to Budget Your Goals for Success. 97. Are You Spending Too Much Money? How to Know if Your Spending Money Is Keeping You From Reaching Your Goals. 100. Looking To Save and Pay Debt off Quickly? 3 Ways to Stay on Track With Your Savings and Debt Goals.  

My new coaching & learning community, Rental Property Mastery is now LIVE.  Join us here

Tiffany C. Wright, The Resourceful CEO, and the Author of The Funding Is Out There! Access the Cash You Need to Impact Your Business (North Fulton Business Radio, Episode 585) Tiffany C. Wright, President of The Resourceful CEO and Author of The Funding Is Out There! Access the Cash You Need to Impact Your Business, joined host […] The post Tiffany C. Wright, The Resourceful CEO, and the Author of

Welcome to the Evolvepreneur (After Hours) Show I am your Special Host Mechelle McDonald Join me today where we dig deep with our guests and get you the best concepts and strategies to fast-track your business. My very special guest today is Tiffany C. Wright ... Tiffany C. Wright is the author of The Funding Is Out There! Access the Cash You Need to Impact Your Business, a serial entrepreneur and a former CFO / COO. Her firm, The Resourceful CEO® , helps B2B companies structure their operations and finances to generate strong cash flow, high profits and owner freedom.

In this week's podcast, Christine Benz discusses how much you should have in cash and then shares her tips for stock exposure; then, Russ Kinnel and Susan Dziubinski talk wide-moat funds; and finally, Dan Kemp fills us in on the crisis between Russia and Ukraine. 

On today's podcast Mark discusses  the importance of keeping the right amount of cash or liquid assets on hand and just how money works for you in retirement. Click here to learn more about Mark Rowlette, founder of South Shore Retirement Services.

Entrepreneurs do a lot of planning - planning their launch, or how to get more customers, planning who to hire.  Often planning their capitalization strategy never happens. There are many options available for equity investment capital and loans / debt. Knowing when to seek and use different short term and long term debt and how they affect your cash flow and your balance sheet is critical for maintaining growth momentum and for positioning your company for acquisition.   Tiffany C. Wright is the Founder of The Resourceful CEO and author of 'The Funding is Out There!  Access the Cash You Need to Impact Your Business'. After more than 20 years as a business owner, business investor, business & finance consultant, and interim CFO and CEO, she is an excellent guest to discuss small business finance challenges and opportunities with host, Karen Rands, on the Compassionate Capitalist Podcast Radio.  Tiffany helps small to medium B2B companies restructure their operations and finances to generate higher revenue, stronger cash flow, and greater profits. This podcast is also available as a video on youtube:  https://youtu.be/fm7V0YCbV6g Karen Rands, at http://karenrands.co , helps angel investors and angel investor clubs with due diligence and advising.  She works with companies with growth potential that have plateaued and need business and capital strategy to scale. 

Get All the Cash You Need to Survive & Thrive the Coronavirus Economy Click to find us on Apple Podcasts and other podcast players. Roland has been sharing a series of live Zoom calls on his Facebook page. We’ve been sharing some of this super helpful content on the podcast. Today, Roland and Ty Crandall talk about leveraging SBA loans, availability, and strategy to access crisis funding, how to grow and maximize your business credit, and so much more! For the record, this call/episode was aired on March 21st, 2020. “It’s really going to be critical to get in front of it… People who are acting decisively and moving quickly will be in the best position.” Roland Frasier Ty Crandall is a Business credit expert who helps entrepreneurs get capital by improving 'fundability,' building business credit, and access loans and credit lines. “I feel like a weatherman in a hurricane. I’ve spent the last 12 years preparing for this moment. I had a mortgage company in 2008 when everything went down - wrong place wrong time. But I realize that thereafter that there was a lot of financing that I could have got”. Ty Crandall. If you're enjoying the podcast, make sure you're subscribed and share this episode with your business leading friends. It will be entrepreneurs that help our world recover!  Listen Today For • Q & A from real entrepreneurs asking today’s questions • Expert Advice for different kinds of companies, including service-based companies, hotels, restaurants, and Veteran small businesses. • An overview of the SBA Disaster relief loans. • Alternative Lenders that actually makeup 90% of loans.  • The Three ‘C’s that determine your ‘fundability’: Cash Flow, Credit, and Collateral. What’s your strong point? Have all three? Listen to Ty’s advice on the best route to pursue.  • The relationship between your credit, cash flow, and the term length of your loan. • A caution on applying for credit cards on your own. • Why you are better off applying for credit from multiple sources as opposed to one. • So much more! “There’s tremendous opportunity right now to get capital for your business, not only for immediate cash needs but also for going forward. There are 50 billion dollars in SBA money that’s come online, and all kinds of other stuff”. Roland Frasier Click to find us on Apple Podcasts and other podcast players.

Funding your small business with Tiffany C. Wright – entrepreneur, business adviser, author. She shares her story of transitioning from a successful corporate career to becoming her own boss, and experience and insights on funding a small business. She is the author of several books: "The Funding Is Out There! Access the Cash You Need to Impact Your Business", "Solving the Financial Equation: Financing Solutions for Small Businesses" and "Help! I Need Money for My Business Now". Henry Lopez is the host of this episode of The How of Business show – dedicated to helping you start, run and grow your small business. (TheHowOfBusiness.com)

The Funding Is Out There! Access the Cash You Need to Impact Your Business.

The Funding Is Out There! Access the Cash You Need to Impact Your Business.

The Funding Is Out There! Access the Cash You Need to Impact Your Business.

Stephen is the CEO of Predictive ROI and the host of the Onward Nation podcast. He is the author of two bestselling books, speaker, trainer, and his digital marketing insights have been featured in SUCCESS, Entrepreneur, The Washington Post, Forbes, Inc. Magazine, and other media. Good Morning Onward Nation…welcome to Episode 367…I’m Stephen Woessner. Before we dig deep into today’s solocast and the lesson I prepared for you — I want to take a minute to say thank you! Thank you because as we rapidly close in on our 400th episode — amazing — 400!!! — we are experiencing another level of growth. Downloads worldwide are up, the number of countries we are reaching on a daily basis continues to increase, the number of guests reaching out to us requesting to be on our show is up, and the amazing — awesome — and incredible feedback we receive from you, Onward Nation — is up. And I want you to know how much you being here and making what we do part of your daily routine means so much to my team and me. We are very grateful to have this opportunity to share the lessons we collect from today’s top business owners — and we rejoice with every piece of feedback you share with us — good or bad — because you help us get better. We love all of your Facebook comments, Tweets, LinkedIn comments, and your emails, too. Please keep them coming. And remember, my direct email address is stephen@onwardnation.com. Drop me a line anytime and let me know what you think about the show — I always want your ideas and to hear your thoughts. Rest assured — I read and reply to every single email. So thank you, Onward Nation — my team and I appreciate you more than you will ever possibly know… Okay, just wanted to begin today’s lesson by expressing some gratitude. So now let’s jump into what we are going to cover today. And that topic is cash or capital you can apply toward the growth of your business — but more specifically — if you are considering outside investment as part of your growth strategy — what’s the recipe — what steps must you take in order to make your team and business attractive to investors so you go from invisible to investible, as my good friends Judy Robinett and John Livesay shared last week during Episode 362. Judy and John shared some excellent insights and very specific tactical steps, which I am going to summarize for you here — but I am also going to share some additional context about approaching investors because I understand first-hand how intimidating the process can feel like — especially when you are on the outside looking in, don’t know the players, how no idea what your message ought to be, and then fear creates this feeling of being trapped. And that is exactly what happened to me. In August of 1999, several business partners and I founded a company called FortifiedNutrition.com, back when everyone had a dot com company, taking the companies public, and cashing in once the IPO soared to record levels. So as the tech and product distribution sides of our business were being built out by my co-founders, I was in charge of attracting investors. And I was terrible at it and it really showed. My prospecting consisted of aimlessly wandering around the Internet to find venture capital firms who were typically located in the valley, then emailing them our PowerPoint overview of the business (and wow was it horrific!) and then receiving lots of thanks but no thanks emails. But finally, we made our way in front of a couple of investors and our initial ask was $7 million for 20 percent of our business. Yes, $7 million. We had placed a valuation of our business at $35 million — but wait — here’s the best part — we had not made one single sale at the point of the ask. Yep, we felt confident our company was worth $35 million even though we had zero sales. Good grief! Now, you have probably seen some of those ill-fated pitches on Shark Tank, right? When the business owner has zero sales and then tries to justify a ridiculous valuation to the Sharks. Yep, that was me, Onward Nation. My team and I in a conference room — as I floundered my way through my pitch. Plus, I had very inconsistent valuation numbers. The valuation I had put together for Ernst & Young’s review a couple of weeks earlier was only — HA — only — $10 million. Yeah, I had missed the inconsistency — I failed to see the problem of $10 million a couple weeks ago, and now that I am in front of investors, yeah, let’s go with $35 million. Thankfully, the investors we were presenting to saw something in us — some glimmer of hope — that with the right mentorship — we could build something valuable. They took us under their wing, mentored us, shortened our learning curve through powerful education, and ultimately invested in us at a $3 million valuation — not $35 million — and it wasn’t until we had six months of growing sales under our belt. So why am I sharing this painful and embarrassing story with you? Because all of the pain, suffering, and time lost in countless meetings, phone calls, and emails could have been avoided if I would have had a system — a process — a recipe to follow. Which I have now learned as a result of spending hours with Judy Robinett and John Livesay during our episodes as well as outside of the show. They are brilliant subject matter experts — they really know their stuff — but beyond that — they are generous with sharing their expertise. So if you have listened to and studied Episodes 329, 360, and 362 — I highly encourage you to add them to your list of vital priorities — you will be glad that you did. So let’s dig into the ingredients to a “Getting Funded Recipe” that I wish I had had for attracting investors back in the days of FortifiedNutrition.com. Ingredient #1: kick fear to the curb Judy and I talked a lot about fear during Episode 329 and how it can rise up and attempt to keep her trapped. And it isn’t because she doesn’t know what she is doing — my goodness, no. Judy is one of the most connected — deeply networked people I have ever met. She is an in-demand global thought leader, plugged into the investment community, sits on the right boards, knows all the right players, and even attended two business and networking events at The White House this year. What!?! Yeah, Judy has a titanium Rolodex. Yet despite all of that — there is fear. So Judy has to force herself to kick fear to the curb, where it belongs, and push past it! Why is getting past the fear important? Because if you don’t, I guarantee you the first excuse you will tell yourself as to why investors have not knocked down your door with briefcases full of money with your name on it is because “No one is investing — there isn’t any money available — or — investors don’t want to invest in a company like mine.” You need to know — thoughts like that are simply the Imposter Syndrome trying to rise up and keep you from your destiny. Because here is the reality — Judy shared some estimates she collected from Credit Suisse — that by 2019 there will be over $329 trillion in household wealth worldwide. $329 trillion, Onward Nation. More specifically, within the venture capital and angel investor communities, there are estimates of $70 billion sitting on the sidelines and that is likely on the light side. So to Judy’s point — there is not a lack of capital. In fact, it is the complete opposite — there is an abundance of capital — but — and because Judy is on the inside she hears these conversations — investors are frustrated because they cannot find good, solid, investable companies to put their cash to work. That was a game changing paradigm shift for me, Onward Nation, when Judy shared the data points. So let me say that again…availability of cash is not the issue. The cash is there. But positioning your company correctly so an investor sees you as investable — and — getting yourself into the right room with the right investors — now that is a whole different story. But, what investors are craving right now is deal flow — a steady stream of investable companies. You solve that problem for them — you get funded and you get funded fast. So how do you do that? Let’s move to Ingredient #2: how do you show an investor — or group of investors — that you are investable? As you might imagine, it is a process. You begin by answer two key questions that I learned from John Livesay (who by the way Inc. Magazine calls the Pitch Whisperer) and the questions are: 1) Why you? and 2) Why now? To even get a seat at the table, you have to be able to answer these two questions succinctly. In fact, John helps business owners craft what he calls a “pitch deck”, which is essentially 10-minutes worth of content involving 10-12 slides all following a very specific formula. For example, you have to grab an investor’s attention in the first 90-seconds, even if you’re given 10-minutes. If you don’t grab them with a compelling opening, they won’t pay attention for the whole 10-minutes because they hear pitch after pitch. They literally hear 2,500 pitches a year and might only fund 25. So you really need to give deep consideration, Onward Nation to the content on your slides, what you are going to say, how you will answer the “Why you? / Why now?” questions and then be ready for the rapid-fire Q&A that follows. I laughed — but when John shared these insights with me — he said, “Stephen, if you got the questions before you took a test, it would be cheating, but following this recipe is called preparation.” And he is so completely right. But there is more to the preparation and transforming your business from invisible to investable. And John was kind enough to break it down for me so I could really see behind this green curtain that he and Judy work behind every day. John let me know that a business owner needs to think of the investment process as kind of a ladder with different rungs on it. The bottom rung would be labeled “Invisible”. Much like dating, when you see somebody you’re attracted to, but they don’t know you exist. Awesome! Well with investors, it’s the same thing. You have an idea, you don’t have anybody on your team yet, so you’re invisible. Then the next rung up is “Insignificant”. What’s worse, being invisible or being insignificant? They see you but they don’t really care — that happens when you’re insignificant. Ouch. So you have a couple of people on your team, but you really haven’t tested out your business model to see if anybody wants to use it or would be willing to pay for it. Then you get to the “Interesting” rung of the ladder. Going back to John’s dating scenario, let’s say you say something clever or funny, the person is interested in you but they’re not going to go out on a date with you yet. So now you have some people on your team, you’ve got a business that has some scalability to it, but you don’t have connections and you aren’t really great at pitching. But with the right coaching and mentors, and some hard work, you finally move up to the next rung of the ladder, which is where you’re “Intriguing”. You’re not quite investable yet, but you’re getting a whole lot closer. And my guess is, Onward Nation — this has happened to you before — you pitch someone something and in response, they say to you, “I’m intrigued. Tell me more.” That’s what you want to hear from an investor because as I learned from Judy and John, your vital priority with the initial 10-minute pitch and the 10-minute Q&A is simply to get the second date — or the second presentation. Then you get to the “Irresistible” level. That’s really where you become investable and that’s where you and your team receive multiple offers from multiple investors. But, this is also where you want to have experienced mentors in your corner who can help you negotiate the best deal — and — mentors who have the capability to help you leverage all that is going on during this process for your benefit. So once you and your team have ascended the ladder and become investable and Irresistible, you now need to get in front of the right investors. And that is where having influential and well-connected advisors and mentors as part of your team can deliver a major return on investment. Why? Because as I learned again from Judy and John, let’s say an investor decides to fund 25 deals in a 12-month period of time…it is highly likely…that 24 of those 25 deals came to them by way of a warm introduction. So, you can do all of the hard work and reach the Irresistible stage — but — if the right investors never meet you — you are still stuck. You need to build a board of advisors by connecting with people who are capable of opening the right doors for you. Because when you are in the right room, with the right investors, and you have followed the recipe for becoming Irresistible in their eyes, and you deliver a compelling pitch — you will create FOMA — or the fear of missing out — so the investors will compete for your attention. And that is a game changer, Onward Nation! So before we close out for today…I want to share one final and very important lesson that Judy shared with me — and it was a question that I never answered while running Fortified Nutrition…and that was…what is the exit strategy of the business — and while you are in the business — how you will grow and capture market share? This is critically important because investors do want their money back with a significant return so you need to be really clear on your exit strategy — and you get there by having a deep understanding of your market and what is happening in your industry. You also need to be able to articulate your customer acquisition cost and how you are going to acquire customers. And lastly, be sure to avoid the amateurish mistakes. One of the biggest ones is saying things like, “If we just get one to two percent of the market in China, we’ll be a billionaire in six months.” That’s a top-down sales forecast and sophisticated investors know you’re going to have to start from the bottom up with metrics like how many phone calls are you going to have to make, how will your leads convert, and really understanding those customer acquisition cost are critical to your success. And then let’s end with some resources you can use and study further. First…be sure to listen to Episodes 329, 360, and 362 for deeper dives into blueprints and recipes you can apply to put yourself in the best position possible to access the cash you need to grow your business. In addition, Judy and John teach a detailed webinar that goes even deeper with more examples and action steps. You can find it here. Register for it and drop me a line — would love to hear more about what you learned. So with that…I want to thank you again for taking the time to be here with me today. It is an honor to have you here — thank you for tuning in — I am delighted you chose this episode to be what you listen to, study, and take with you on your morning run, or maybe Onward Nation has become part of your daily commute, or in some other way has become part of your morning routine. I want you to know how much I appreciate you sharing some of your invaluable 86,400 seconds you have in your day with me and the strategies we learn and share each day from today’s top business owners. And please continue to let me know what you think of Onward Nation…good or bad…I always want your feedback. You can hit me up on Twitter, find us on Facebook, me on LinkedIn, or you are always welcome to email me directly at stephen@onwardnation.com — and yes — that is my actual email address — no fancy filters or filing system — it will come directly to me. We will be back tomorrow with an incredible encore interview with Mitch Russo — don’t miss it because Mitch shares the recipes behind building constant and steady cash flow into your business. The conversation with Mitch is rock solid awesome — you will love it. Until then, onward with gusto!

Tiffany C. Wright has helped numerous small and medium businesses find funding for a variety of purposes from many sources.  She is the founder and president of The Resourceful CEO where she provides packaged solutions and educational products focused for business strategy and finance.  Tiffany is also the author of The Funding Is Out There! Access the Cash You Need to Impact Your Business. Our conversation touched upon the importance of tracking business activities in order to ensure value creation. We also talked about how to manage cash flow to strengthen business operations. Her Philosophies Reach for the stars; if you don't reach the stars, you'll at least reach the moon and if you don't reach the moon, then you'll just fall back down to earth.  Reach higher than you think you can.  You'll be amazed at what you can achieve.   Reach for something that makes you nervous. Cash is king. Her advice That which is not tracked does not get measured.  Track everything.  CRM (Customer Relationship Management) software and QuickBooks can help with tracking your sales efforts. Always be cash flow positive and check this weekly so that you can see where any problems exist. To raise money, you have to know why the investor would invest in your business.  You have to be confident about what your business will do. You have to be able to talk about what it will do, why it will do it, how it will do it, when it will do it and what the bank or investor will get out of it. For more advice, Tiffany can be reached by phone:  404.642.0509 or  866.466.3692 Links http://theresourcefulceo.com/ The Funding Is Out There! Access the Cash You Need to Impact Your Business by Tiffany C. Wright Subscribe to the Beehive on iTunes  Join us on Facebook

Expert Tiffany Wright wants you to know: The Funding Is Out There! Access the Cash You Need to Impact Your Business provides more than thirty in-depth yet succinct case study examples of what actual business owners have done to raise capital to grow their businesses-covering not just what is available but the "how to" to obtain it, what works best, and why for a particular business type.

TIFFANY C. Wright, is the author of The Funding Is Out There! Access the Cash You Need to Impact Your Business, which provides more than thirty in-depth yet succinct case study examples of what actual business owners have done to raise capital to grow their businesses. Tiffany has helped numerous small and medium businesses find funding for a variety of purposes from many sources. She’s also a serial entrepreneur. She formerly started and ran a residential real estate investment firm which operated in California, Texas and Georgia. See her beautiful infographic show notes, plus her top tips and advice for entrepreneurs and aspiring entrepreneurs at www.TodaysLeadingWomen.com or by clicking here!

On today's episode of Getting Social with Miriam, Tiffany C. Wright will be interviewed about funding your business. She's helped numerous small and medium businesses find funding  for a variety of purposes from many sources, but today Tiffany C. Wright will talk to us about how you, too, can generate the business financing you need to grow and achieve your business goals. She's the author of a new book called The Funding Is Out There! Access the Cash You Need to Impact Your Business. Whetheryou've got a $300,000 transportation business, a $20 million business services company, or are an aspiring entrepreneur considering your options – Tiffany C. Wright has the information and strategies for getting your business needs financed. Go to the website http://www.thefundingisoutthere.com/. 

During this hour with Marnie and special guest, Tiffany Wright, you'll discover:   1.  Why you must be resourceful in order to grow your business when you currently don’t have the funds you need. 2.  An overview of funding strategies and how to decide which one(s) to use. 3.  An brief overview of traditional and non-traditional funding sources. 4.  Why even consultants and solo entrepreneurs with no employees can get funded and how to approach this unique scenario. 5.  How to create the financial statements and supporting narrative documents needed to bring in financing. 6.  What to do if you do not have the time or interest in personally obtaining funding.    Tiffany C. Wright spent over twenty years as an engineer, financial manager, owner and CFO/COO. She understands firsthand the challenges small and medium businesses face and has strategized and executed funding and financing plans that have helped businesses obtain funding or financing in amounts ranging from $100,000 to $6.5 million. She is the author of the new book The Funding Is Out There! Access the Cash You Need to Impact Your BusinessTheFundingIsOutThere.com