May 30, 2024

Graduating Debt Free with Lauren Rilling

On this episode of the Gross Profit Podcast, James Kennedy sits down with Lauren Rilling, Fractional CFO at KFE Solutions. Lauren shares her unique journey from teacher to solopreneur to Fractional CFO, and how she managed to graduate from her Master’s program debt-free.
The Gross Profit Podcast
The Gross Profit Podcast
Graduating Debt Free with Lauren Rilling
Loading
/

Show Notes

This week James Kennedy chats with Lauren Rilling, Fractional CFO at KFE Solutions. Lauren shares her unique journey from teacher to solopreneur to Fractional CFO, and how she managed to graduate from her Master’s program debt-free.

About Lauren Rilling: Lauren Rilling is a Fractional CFO who aids business owners in growing more profitably with a focus on biblically based financial strategies. At KFE Solutions, she works to make business finances easy to understand, enjoyable, and integral to achieving mission goals. Lauren’s expertise is especially tailored to CEOs of construction trades, moving companies, and professional service providers, helping them grasp and utilize their financial data to make sound business decisions.

What You’ll Learn:

  1. Path to Graduating Debt-Free: The practical steps and strategies Lauren employed to save for her Master’s degree without accruing debt.
  2. Transition from Teaching to Business: Insights into how Lauren shifted her career path towards financial empowerment and entrepreneurship.
  3. The Role of a Fractional CFO: Exploring the impact and benefits of having a strategic financial leader who works with you to enhance your business’s profitability and sustainability.

Episode Highlights:

  • “Lauren, could you walk us through how you planned your education financing to graduate debt-free?”
  • “What inspired your transition from teaching to becoming a solopreneur, and eventually a Fractional CFO?”
  • “Can you explain the ‘three-step formula’ your firm uses to help business owners break past financial barriers?”
  • “How do you tailor your financial strategies to different industries, and what common challenges do you help your clients overcome?”

Beyond her role at KFE Solutions, Lauren is passionate about demystifying financial concepts and making strategic financial management accessible and actionable. Her approach is not just about balancing the books but also about fueling business missions and achieving long-term success.

This podcast is tagged under:

The Gross Profit Podcast

More Episodes

Merushka Chetty

Wendy Laxton – Fund Accounting Explained: Why Grant Money Gets Spent Wrong

In this episode, James Kennedy sits down with Wendy Laxton, founder of Laxton CFO Services, to unpack the “modern” version of fund accounting – how nonprofits manage restricted vs. unrestricted funds, align grant requirements with real-world operations, and avoid credibility-killing misallocations. Wendy shares how the 2008 recession unexpectedly led her into fractional CFO work, why niching down to nonprofits was a defining move, and what she’s learned from guiding organizations through system complexity – from overbuilt ERPs to intentionally “resetting” in QuickBooks and rebuilding structure over time.

Listen Now »
Merushka Chetty

Kerry Peters – Microsoft MVP Exposes the #1 ERP Mistake Companies Make

In this episode, James Kennedy sits down with Kerry Peters, Microsoft MVP and Co-Founder of New View Strategies, to unpack why so many ERP implementations fail – and how businesses can finally get the financial clarity, process efficiency, and operational visibility they were promised.

Kerry shares how her unique blend of corporate controller experience, ERP expertise, and a passion for business process has helped hundreds of companies turn struggling implementations into scalable, high-performing systems. From a publishing company with 21,000 general ledger accounts to organizations stuck in endless month-end closes, Kerry explains the root causes, the fixes, and how to prevent the pain in the first place.

She also reveals how she unintentionally built a thriving fractional CFO practice – simply by helping companies bridge the gap between software, people, and process.

Listen Now »
Merushka Chetty

Shane Bender – Agency Finances Are BROKEN – 3 Blind Spots Killing Your Profits

In this episode, James Kennedy sits down with fractional CFO Shane Bender, founder of Bender CFO Services, to dig into the financial realities of running a marketing or digital agency. Using his love of weather models as a metaphor for forecasting, Shane explains why most agency owners are flying blind on margins, cash flow, and growth targets – and how better data, simple models, and discipline can turn chaos into clarity. From client-level profitability to weekly cash planning and “smarter” goals, this conversation is a practical roadmap for agencies that want to grow without blowing up their finances.

Listen Now »