Erica Goode has been a Certified Public Accountant for 15 years. She runs a virtual accounting firm that provides coaches and consultants with bookkeeping, accounting, and CFO services, and she also hosts the Coaches, Consultants, and Money podcast. She’s a former Director of Finance at a Fortune 50 company and began her career as an auditor at a Big Four public accounting firm. Erica is also a mother of two and the wife of a fellow CPA. She lives with her family in the mountains of Idaho.

In today's episode of Smashing the Plateau, Erica will discuss the unique financial challenges that come with running a consulting or coaching business and how to navigate them confidently for a successful financial future.

Erica and I discuss:

• The common fears and misunderstandings about small business finance [00:00:00]
• Leaving a corporate career for entrepreneurship [00:03:30]
• Starting a business from scratch [00:04:10]
• The journey to specializing in coaching and consulting [00:06:35]
• The benefits of having a niche [00:12:59]
• Financial challenges and cash flow management in consulting [00:16:35]
• Retirement savings and benefits for entrepreneurs [00:19:55]
• The importance of community for entrepreneurs [00:22:15]
• Continuous learning in finance [00:24:35]

Learn more about Erica at https://www.ericagoode.com, https://www.ericagoode.com/newsletter-signup, and listen to her insights on the Coaches, Consultants, and Money podcast.

Thank you to our sponsor: 

The Smashing the Plateau Community