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Breaking the $1 Million Barrier: How to Scale Your Service Business

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Manage episode 518739081 series 3449398
Content provided by Jen Fizer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jen Fizer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Breaking the $1 Million Barrier: How to Scale Your Service Business | The Financial Operator Podcast | Episode 70 πŸŽ™οΈ In this episode of The Financial Operator Podcast, host Jen Fizer, CEO of MKB CFO, sits down with Bud Nye, Founder of Nye Technical Services, to talk about what really happens when you grow from a small family business into a multi-million-dollar operation. πŸš€

Bud shares his journey from working alongside his dad in the trades to running two successful companies β€” covering the reality behind scaling fast, building the right team, and managing the cash flow chaos that comes with growth. He opens up about overcoming analysis paralysis, learning to lead, and what it takes to move from owner mindset to scale mindset. πŸ’Ό

πŸ’‘ Whether you're breaking your first million or looking to push beyond it, this episode gives a transparent look at the challenges and mindset shifts every business owner needs to grow sustainably.

⏱️ Timestamps 00:00 Introduction and Guest Welcome 02:00 From Family Business to Building His Own Legacy 08:00 Taking Fast Action and Learning Through Execution 14:00 Growing Pains: Breaking Past the $1M Plateau 18:00 Cash Flow Challenges and Progress Payments 24:00 The Reality of Collections and Revenue Timing 27:00 Mental Health, Coaching, and Leadership Growth 31:00 Building a Legacy: Training and Giving Back 34:00 Lessons on Scaling, Leadership, and Finding Balance 39:00 Final Thoughts and How to Connect with Bud

To connect with Bud: 🌐 Website: https://nyetechnicalservices.com/

πŸ“Œ Don't forget to subscribe for the latest podcast episodes and insights from @mkbcfo Do you have your own financial or business growth questions for MKB? Visit: 🌎 Website: https://mkbcfo.com πŸ“Έ Instagram: https://www.instagram.com/mkb_cfo/ πŸ“˜ Facebook: https://www.facebook.com/mkbcfo πŸ’Ό LinkedIn: https://www.linkedin.com/company/mkbcfo

#BusinessGrowth #Entrepreneurship #ScalingABusiness #CashFlowManagement #LeadershipDevelopment #SmallBusinessGrowth #TheFinancialOperator #MKBPodcast #JenFizer #BudNye #CFOAdvice #ServiceBusiness #BusinessPodcast #BusinessMindset #WomenInBusiness #FinancialPlanning #MKBcfo

  continue reading

154 episodes

Artwork
iconShare
 
Manage episode 518739081 series 3449398
Content provided by Jen Fizer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jen Fizer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Breaking the $1 Million Barrier: How to Scale Your Service Business | The Financial Operator Podcast | Episode 70 πŸŽ™οΈ In this episode of The Financial Operator Podcast, host Jen Fizer, CEO of MKB CFO, sits down with Bud Nye, Founder of Nye Technical Services, to talk about what really happens when you grow from a small family business into a multi-million-dollar operation. πŸš€

Bud shares his journey from working alongside his dad in the trades to running two successful companies β€” covering the reality behind scaling fast, building the right team, and managing the cash flow chaos that comes with growth. He opens up about overcoming analysis paralysis, learning to lead, and what it takes to move from owner mindset to scale mindset. πŸ’Ό

πŸ’‘ Whether you're breaking your first million or looking to push beyond it, this episode gives a transparent look at the challenges and mindset shifts every business owner needs to grow sustainably.

⏱️ Timestamps 00:00 Introduction and Guest Welcome 02:00 From Family Business to Building His Own Legacy 08:00 Taking Fast Action and Learning Through Execution 14:00 Growing Pains: Breaking Past the $1M Plateau 18:00 Cash Flow Challenges and Progress Payments 24:00 The Reality of Collections and Revenue Timing 27:00 Mental Health, Coaching, and Leadership Growth 31:00 Building a Legacy: Training and Giving Back 34:00 Lessons on Scaling, Leadership, and Finding Balance 39:00 Final Thoughts and How to Connect with Bud

To connect with Bud: 🌐 Website: https://nyetechnicalservices.com/

πŸ“Œ Don't forget to subscribe for the latest podcast episodes and insights from @mkbcfo Do you have your own financial or business growth questions for MKB? Visit: 🌎 Website: https://mkbcfo.com πŸ“Έ Instagram: https://www.instagram.com/mkb_cfo/ πŸ“˜ Facebook: https://www.facebook.com/mkbcfo πŸ’Ό LinkedIn: https://www.linkedin.com/company/mkbcfo

#BusinessGrowth #Entrepreneurship #ScalingABusiness #CashFlowManagement #LeadershipDevelopment #SmallBusinessGrowth #TheFinancialOperator #MKBPodcast #JenFizer #BudNye #CFOAdvice #ServiceBusiness #BusinessPodcast #BusinessMindset #WomenInBusiness #FinancialPlanning #MKBcfo

  continue reading

154 episodes

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