Cash Runway, Gross Profit & Financial Strategy with Kristen Hillman

Cash reserves, gross profit, and knowing whether you're building an enterprise or an owner-driven business might sound like advanced financial concepts, but according to Kristen Hillman of Veticula Financial, they're the foundational metrics every growth-stage entrepreneur needs to understand. In this episode of The Experienced Entrepreneur, Marissa Lawton sits down with Kristen to unpack the "golden triangle" of financial advisors (CPA, wealth planner, and fractional CFO), why your cash runway should include your own pay (not just operating costs), and how to navigate the current "trust recession" by owning your community and making calm, data-informed decisions. Kristen breaks down the difference between scalable enterprise businesses and owner-defined lifestyle businesses, explains how to allocate net profit strategically, and shares why understanding your gross profit is the key to identifying which offers are actually profitable. If you've been running your business on vibes and bank account balances instead of real financial clarity, this conversation is the wake-up call you need. What You'll Learn Discover the "golden triangle" of financial advisors and why fractional CFO services fill the critical gap between your CPA and your wealth planner once you hit $500k in revenue Learn how to calculate and maintain a cash runway of three to six months (including your own pay, not just operating costs) and why tapping into it is a sign of good planning, not failure Understand the difference between enterprise businesses (built to scale and sell) and owner-defined businesses (built to fund your lifestyle and retirement) and why this distinction changes every financial decision you make Find out how to allocate net profit strategically using the 30/20/50 framework (taxes, cash reserve, owner compensation) and when to build in "fun money" for spontaneity Identify why gross profit (revenue minus cost to deliver) is the most important number for service-based businesses with teams, and how it reveals which offers are actually profitable Navigate the current "trust recession" in the online space by owning your community off social media and making decisions from data instead of panic Featured Quote "Without intentionality, we risk becoming slaves to our own businesses. Your business should always support you personally, not the other way around." Resources + Links Mentioned Kristen Hillman's website: https://veticularfinancial.com Connect with Kristen on LinkedIn Money Personality Quiz (link provided by Kristen) Monday Meeting: https://marissalawton.com/monday-meeting Book a Clarity Call: https://calendar.app.google/W2iLo7PbNNosQ6e88 <hr class="border-border-200 border-t-0.5 my-3 m