{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/617209191ce80e001468fb1a/6a37e5194a8189f2c3740be7?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Founders Only S2 EP10: CFO Reveals Why Most Founders Stay Broke (And Don't Know It Yet) w/ Jay Olos of OneCFO","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/617209191ce80e001468fb1a/1782047636524-ee5c6eff-b290-4633-9682-0107f7f8ad12.jpeg?height=200","description":"<p>Success isn't defined by how much you earn—it's shaped by how you manage, invest, and grow what you have. In this episode, Jay Olos of OneCFO shares the financial principles behind building businesses that last, explaining why long-term thinking, disciplined capital allocation, and intentional decision-making often create stronger results than chasing quick wins or external validation.</p><p><br></p><p>From avoiding the trap of treating a business like a personal source of income to understanding the role of patience in creating sustainable growth, this conversation offers practical insights for entrepreneurs, professionals, freelancers, creators, and anyone looking to make smarter financial decisions. If you're focused on building lasting value instead of temporary success, this episode provides timeless lessons that extend well beyond business.</p><p><br></p><p>00:00:00 – Why revenue doesn’t always mean real wealth</p><p>00:01:12 – Jay Olos and the biggest financial mistakes founders make</p><p>00:04:07 – The danger of confusing revenue with wealth</p><p>00:08:00 – Quiet wealth and how real billionaires think about money</p><p>00:12:37 – Why founders build businesses and the pursuit of ownership</p><p>00:16:51 – Investors now want founders with skin in the game</p><p>00:23:09 – Why not paying yourself distorts your financials</p><p>00:29:23 – Why clean financial systems matter for every startup</p><p>00:32:19 – The costly mistake of cheap accounting and bookkeeping</p><p>00:40:29 – The benefits of cloud accounting and financial visibility</p><p>00:45:12 – Budgeting, forecasting, and long-term planning</p><p>00:50:34 – Managing expenses, taxes, and cash flow properly</p><p>00:58:30 – Overspending, founder salaries, and lifestyle inflation</p><p>01:04:10 – How AI is changing hiring and organizational structures</p><p>01:06:27 – Building AI-enabled finance systems at OneCFO</p><p>01:14:12 – The financial mindset of truly successful founders</p><p>01:17:24 – Building wealth through multiple businesses and ownership</p><p>01:19:52 – The real flex: freedom, peace of mind, and financial independence</p><p>01:20:39 – Where to connect with Jay Olas and OneCFO</p><p><br></p><p>The conversations happening on Founders Only are the ones every entrepreneur needs to hear. Don't be the last to know. Watch the full episode on YouTube. ⏭️</p><p><br></p><p>Follow now and never miss an episode. 🎧</p><p><br></p><p>💡Follow Founders Only on YouTube: https://www.youtube.com/@foundersonlypodcast</p><p><br></p><p>💡Follow Founders Only on Spotify: https://open.spotify.com/show/6fPsNbi8m8mCIyGZH1YGm1?si=2c67a0451949498b</p><p><br></p><p>💡Visit Hustleshare Website: https://www.hustleshare.com/</p>","author_name":"Ronster Baetiong and Podcast Network Asia"}