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Ep.205: Alex (@aebridgeman) is joined by Mike Wyman (@michael-k-wyman).\nMy guest today, Mike Wyman, brings over 30 years of experience in various CFO roles to this episode where we dive into the CFO role, especially in newly acquired businesses with limited financial infrastructure. Today Mike advises CEOs throughout the search fund ecosystem on making critical CFO hires and brings his experience to several boards as well. \nIn our discussion, Mike outlines the CFO mentality and focus on constant improvement, what the various phases look like early in a new CEO\u2019s tenure concerning finance, and advice for hiring your financial team. \nListen weekly and follow the show on Apple Podcasts, Spotify, Google Podcasts, Stitcher, Breaker, and TuneIn.\xa0\nLearn more about Alex and Think Like an Owner at https://tlaopodcast.com/\n\nI want to tell you about our audience survey we are currently running. These surveys help us create the best content for listeners and better understand your needs and interests. Thank you in advance for sharing your feedback, we greatly appreciate it. After 30 days we are giving $250 cash to 4 survey responders, just add your email at the end of the survey.\nTake the survey here: https://bit.ly/3QLBB1N\n\nLinks:\nMike on LinkedIn\n\nTopics:\n(00:00:00) - Intro\n(00:04:02) - Mike\u2019s favorite roles during his career\n(00:12:31) - Developing the CFO Mentality framework\n(00:16:19) - Early improvements to implement in a finance department post-acquisition\n(00:18:38) - Phases and priorities in the finance of a search fund company\n(00:30:27) - Hiring a CFO\n(00:34:07) - Responsibilities of a strategic CFO\n(00:36:25) - Personal discoveries about life as a CFO\n(00:38:16) - Common mistakes from CFOs and CEOs post-acquisition\n(00:39:57) - What makes an effective finance team?\n(00:42:25) - Closing advice