The Boardroom PodcastThe Boardroom Podcast

๐“๐ก๐ž ๐๐จ๐š๐ซ๐๐ซ๐จ๐จ๐ฆ ๐๐จ๐๐œ๐š๐ฌ๐ญ: ๐“๐ก๐ž $๐Ÿ ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐Œ๐ข๐ฌ๐ญ๐š๐ค๐ž ๐Œ๐จ๐ฌ๐ญ ๐…๐จ๐ฎ๐ง๐๐ž๐ซ๐ฌ ๐Œ๐š๐ค๐ž (๐€๐ง๐ ๐‡๐จ๐ฐ ๐ญ๐จ ๐€๐ฏ๐จ๐ข๐)

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In this comeback episode of ๐“๐ก๐ž ๐๐จ๐š๐ซ๐๐ซ๐จ๐จ๐ฆ ๐๐จ๐๐œ๐š๐ฌ๐ญ, Iggy sits down with Nolan Bradbury, an experienced accountant who offers unique insights into the relationship between personal and business finances.ย 

Nolan shares his journey from psychology to accounting and discusses how his understanding of human behavior informs his approach to helping entrepreneurs grow and scale their businesses.

๐–๐ก๐š๐ญ ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐ค๐ž๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐Ÿ๐ซ๐จ๐ฆ ๐ญ๐ก๐ž ๐ž๐ฉ๐ข๐ฌ๐จ๐๐ž?

  • ๐“๐ก๐ž ๐ˆ๐ฆ๐ฉ๐จ๐ซ๐ญ๐š๐ง๐œ๐ž ๐จ๐Ÿ ๐’๐ž๐ฉ๐š๐ซ๐š๐ญ๐ข๐ง๐  ๐…๐ข๐ง๐š๐ง๐œ๐ž๐ฌ.

    Nolan emphasizes treating personal and business finances as separate entities for both financial and mental health.

    Entrepreneurs should view themselves as ๐ž๐ฆ๐ฉ๐ฅ๐จ๐ฒ๐ž๐ž๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž๐ข๐ซ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ and ensure they are paying themselves first.

  • ๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ๐ข๐ง๐  ๐š๐ฌ ๐š ๐“๐จ๐จ๐ฅ.

    Nolan views accounting as a "Rosetta Stone" for understanding business.

    He highlights how meaningful metrics and tailored financial reports can serve as early indicators of potential issues, much like a "canary in a coal mine."

  • ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐  ๐‹๐จ๐ง๐ -๐“๐ž๐ซ๐ฆ ๐‘๐ž๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ๐ก๐ข๐ฉ๐ฌ.

    Nolan advises treating your accountant as a long-term team member, not just a one-time hire.

    This ensures better communication, understanding, and alignment of business goals.

  • ๐๐ซ๐จ๐ ๐ซ๐ž๐ฌ๐ฌ ๐Ž๐ฏ๐ž๐ซ ๐๐ž๐ซ๐Ÿ๐ž๐œ๐ญ๐ข๐จ๐ง.

    One of Nolanโ€™s guiding principles is that "perfection is the enemy of progress."

    Entrepreneurs should focus on moving forward, rather than waiting for everything to be perfect before taking action.

๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐  ๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐’๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ ๐“๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ˆ๐ง๐ญ๐ž๐ง๐ญ๐ข๐จ๐ง๐š๐ฅ ๐€๐œ๐ญ๐ข๐จ๐ง

This episode of ๐‘ป๐’‰๐’† ๐‘ฉ๐’๐’‚๐’“๐’…๐’“๐’๐’๐’Ž ๐‘ท๐’๐’…๐’„๐’‚๐’”๐’• offers an essential lesson for every entrepreneur: managing your finances with intention is the cornerstone of sustainable growth. Nolan Bradbury shares invaluable insights on the importance of separating personal and business finances, treating your accountant as a trusted, long-term partner, and setting clear expectations for financial success. But the heart of his message is the idea that progress matters more than perfectionโ€”reminding us that consistent, mindful action is more impactful than waiting for the perfect moment.

๐„๐ฉ๐ข๐ฌ๐จ๐๐ž ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

  • Welcome to The Boardroom Podcast [00:00]ย 
  • Nolan's Journey into Accounting [2:10]
  • How Nolan helped entrepreneurs grow and scale their businesses. [6:40]
  • Why should you not rely on traditional financial reports? [7:08]
  • Common Mistakes in Hiring Accountants [11:32]
  • Separating Business and Personal Life [19:19]
  • Whatโ€™s the right technique for working with clients? [28:06]

๐Œ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ง ๐๐ซ๐š๐๐›๐ฎ๐ซ๐ฒ:

Nolan Bradbury is an experienced accountant with a unique approach to helping entrepreneurs grow their businesses by aligning financial health with personal well-being.ย 

With a background in psychology, Nolan emphasizes the importance of treating accountants as key team members and maintaining clear expectations to ensure business success.ย 

Connect with Nolan on LinkedIn or visit his website at https://bradfieldco.com/ย  for more insights. You can also reach him directly via email at Nolan@BradfieldCo.com.

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๐“๐จ ๐ฌ๐ž๐ž ๐š ๐ฅ๐ข๐ฏ๐ž ๐๐ž๐ฆ๐จ ๐จ๐Ÿ ๐‚๐ก๐š๐ซ๐ฅ๐ข๐ž ๐š๐ง๐ ๐ญ๐ก๐ž ๐‹๐ž๐š๐๐ฌ ๐๐ซ๐ž-๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ฌ๐ข๐จ๐ง ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ ๐จ ๐ญ๐จ https://demo.ai-setters.com/charlie ย ย 

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