My first year as a first-time CFO – CJ Gustafson, CFO, PartsTech

02/01/2024 47 min Episodio 90
My first year as a first-time CFO – CJ Gustafson, CFO, PartsTech

Listen "My first year as a first-time CFO – CJ Gustafson, CFO, PartsTech"

Episode Synopsis


“I last came on FP&A Today before I started my new CFO gig, and I was pretty nervous. I was talking a lot in theory of what I thought it would be, and now I can tell you a little bit more of the reality. So it's been quite the ride.”

Returning guest CJ Gustafson–master of the hugely popular Mostly Metrics newsletter–delivers in his custom funny and frank style the lessons from his first year as CFO and the practical lessons for anyone in finance (and particularly FP&A).

His worst budget experience - working six months on an operating plan  thrown away within a week during COVID (and the surprising conclusion)

Getting stamps on my finance passport getting me to CFO

The biggest lessons on being a CFO-as removing blockers and letting an organization go faster.

CFO as chief psychologist, chief contract signer, and chief risk officer

How I prioritized my finance hires

Views of FP&A as a CFO 

How knowing numbers better than anybody else projected me to CFO

Why BI was put under the CFO function (“it’s like putting data insights on steroids and you combine FP&A and BI”)

Why ARR per employee is my favorite SaaS metric

CAC payback period as the golden SaaS metric 

How I (painfully) learned about the power of the “meeting before the meeting” 

Creating a category for yourself as CFO


Sign up for the Mostly Metrics Newsletter from CJ Gustafson: https://www.mostlymetrics.com/
Check out Run the Numbers hosted by CJ: a weekly podcast about financial metrics and business models, designed for ambitious people operating tech startups https://podcasts.apple.com/gb/podcast/run-the-numbers-startup-finance-strategy-and-operations/id1704418764
Follow CJ or get in touch with him on LinkedIn https://www.linkedin.com/in/cj-gustafson-13140948/
Or Twitter https://twitter.com/cjgustafson222

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