| Favorite team: | LSU  |
| Location: | Prairieville |
| Biography: | |
| Interests: | |
| Occupation: | Sales |
| Number of Posts: | 4513 |
| Registered on: | 11/29/2008 |
| Online Status: | Not Online |
Recent Posts
Message
re: What do you look for in a CFO, if hiring
Posted by JOHNN on 7/30/26 at 6:23 pm to TX_Tiger23
quote:
Y’all can’t really just ask AI everything and think that’s the real world. There are things like industries, geography etc. to take into consideration. The fact it says “strongly recommended” to give equity to a CFO at this range is ridiculous. Yeah, just give up the equity to some CFO that hasn’t help build anything.
I definitely realize that. I did put in that its a construction staffing firm in Texas handling projects all over the US.
0
re: What would you do between these Home Insurance options?
Posted by JOHNN on 7/30/26 at 6:16 pm to TX_Tiger23
Thats exactly what the second option was. We were considering increasing the deductible so premium would go down but it only went down 800 bucks. We'll just keep it there for now and shop it again earlier next year.
re: What would you do between these Home Insurance options?
Posted by JOHNN on 7/30/26 at 3:56 pm to Chad504boy
Right now I think itll make more sense to just stay with what we have.
quote:
With that said, you need to look for a younger talent. Something where this would be a big step up in their career and they’re motivated by that more than the money. You can evaluate their qualifications and motivation in the interview process. This isn’t rare for smaller companies or start up, just a risk. Downside is this person could not be 100% ready for the role and you deal with bumps and bruises as they learn. Upside is they end up being a rockstar, but 3 years in, they’ll be looking to double their salary somewhere else. It helps to have good references for someone who’s ready to step up in this role.
Honestly, in my career I’ve found more success in challenging the up and comers vs hiring an old overpriced curmudgeon that’s looking for a retirement gig that doesn’t give a shite either way. See Brian Kelly. That experiment has been done 1000 times over in the corporate world. It has a high success rate for failure.
Go after the young guy.
Id have to disagree with hiring an up and comer. While yes theyd be hungry for the role, I think someone would have to at least have experience as a Controller thats handled many different units and managed staffs. You can tell who the curmudgeon types are so itd be easy to pass those up. A lot can be said for someone that has experience with scaling an operation of this size.
re: What would you do between these Home Insurance options?
Posted by JOHNN on 7/30/26 at 3:36 pm to Chad504boy
quote:
please define this. changing deductible with NG or switching companies with a whole new policy?
The broker mentioned that it would be a different company.
quote:
What’s your compensation package look like? That makes a big difference in the kind of talent you could get.
After what CGPT estimates these positions would make for this type of company, that's a pretty big step financially:
Position:
VP of Finance
Base- $180k–$240k
Bonus- 20–35%
Equity- Possible
CFO
Base- $225k–$325k
Bonus- 25–50%
Equity- Strongly recommended
Depending on the company's growth trajectory and location, total compensation could range from $250,000 to $450,000+.
re: What do you look for in a CFO, if hiring
Posted by JOHNN on 7/30/26 at 12:19 pm to JoseVargasTX
quote:
We have reached levels that are going to require a CFO or VP of finance role.
Background… we are about a $65 million construction staffing company, working in 17 states and focus on the MEP trades.
We are self funded. Just got a line of credit in the last six weeks.
What are you looking for in this position?
First of all, its incredibly impressive you've gotten to this point without a CFO. I assume you just have multiple controllers in place?
Second, for a company of your size, it seems like this is one of those hires that might be better suited for a search agency that has experience with this.
If you dont want to go that route, the biggest criteria for me would be finding candidates that have experience scaling companies from 40M to 100M+ and has extensive experience in the Construction, Staffing, or Field Services Industry.
quote:
Making claims or not, it’s going to go up. I say shop around every year. Deductible amount is up to you and how much you are comfortable having to pony up with no notice.
So then with only saving 800/yr, its essentially better to just keep at the 1k deductible.
What would you do between these Home Insurance options?
Posted by JOHNN on 7/30/26 at 11:26 am
Currently have a grandfathered plan through National General but possibly considering changing policies. Home is in Ascension.
Current Coverage:
Dwelling @ 479,258
Other structures @ 47,926
Personal Property @ 191,704
Loss of Use @ 95,857
Deductible of $1k
Wind and Hail Deductible is at $1k as well
Cost is $3420 per year.
Optional Plan:
Deductible of 1% of home value for same exact coverage.
Cost is $2627 per year.
I've been fortunate to have never had to file a claim since having the policy (or ever actually) but obviously it keeps going up every year and I'm sure it'll probably go up every year as well. I know that $1k deductibles are probably pretty unheard of but the $4700 also wouldn't be a hard blow "if" we needed to file. Obviously we are only talking $800 a year savings but does it make more financial sense to just keep what we have?
Current Coverage:
Dwelling @ 479,258
Other structures @ 47,926
Personal Property @ 191,704
Loss of Use @ 95,857
Deductible of $1k
Wind and Hail Deductible is at $1k as well
Cost is $3420 per year.
Optional Plan:
Deductible of 1% of home value for same exact coverage.
Cost is $2627 per year.
I've been fortunate to have never had to file a claim since having the policy (or ever actually) but obviously it keeps going up every year and I'm sure it'll probably go up every year as well. I know that $1k deductibles are probably pretty unheard of but the $4700 also wouldn't be a hard blow "if" we needed to file. Obviously we are only talking $800 a year savings but does it make more financial sense to just keep what we have?
quote:
Seeing all the crews, trucks and equip owned by Treppendahl Landscaping, it must be possible to profit with a scaled up operation. Organizing and paying those Hispanic crews must be a huge headache. Imagine getting a lucrative sounding contract from a HOA only to find that you don't get paid because few people pay their membership. Good Luck.
They do A LOT of FB marketing and other marketing as well.
quote:
How big is your yard, that seems high?
Unless 90% of that is open field, 175 for 3 acres is actually not charging enough.
quote:
you really couldn't check one of the other 1,246 threads on this EXACT SUBJECT?
In his defense, we all know that the search function on this site would be the equivalent of a 1 star at best.
quote:
Scored ONE RUN in two games against Alabama in the Regional.
Bama has only allowed 5 runs in the entire WS. NO ONE has been scoring runs against them.
re: Heard 9 people are transferring from softball team. Tori Edwards & Jayden heavener.
Posted by JOHNN on 6/1/26 at 6:14 pm to Choupique19
quote:
Perhaps LSU doesn't give Top 8 support for softball, but it sure is Top 15-20
There is no way that LSU gives more NIL support for softball than Tx Tech, TX, AL, FL, OR, OK, TN, UCLA, AZ, OkSt, UGA, FSU, AR, TxA&M, UNC, NE, Clemson, Louisville, and probably even MissSt.
re: Heard 9 people are transferring from softball team. Tori Edwards & Jayden heavener.
Posted by JOHNN on 6/1/26 at 4:47 pm to Tigergirl124
Every top program in the country will be after Edwards and Heavener. Id imagine Edwards ends up at TX or TxTech with how much they focus on hitting plus tvey have the NIL budget to easily get her.
As of midnight youd think someone has been made aware by now.
Seems odd to crash your vehicle at the box and then post about it.
quote:
Why is everyone so concerned about NIL with baseball? Baseball is the one sport we don’t have to be concerned with tbh.
This isnt like the past where schools didnt really give a sh!t about baseball. Every team in the SEC is actually putting effort and resources into baseball plus you have to be able to compete with MLB signing bonuses.
re: How do we make sure Jay Johnson and Baseball get more funds?
Posted by JOHNN on 3/26/26 at 10:17 am to CatfishJohn
quote:
Jay had elite recruiting and transfer portal classes, by the rankings. We spent a lot of money. Transfers just haven't worked out...yet.
Its been reported that baseball actually had a smaller budget this year.
quote:
Bookmark this, I’m not wrong.
Way to really go out on a limb there. Gotta love those weatherman predictions with having a 50/50 chance of being right :lol:
re: LSU AD executing two perfect searches in a row
Posted by JOHNN on 3/26/26 at 9:53 am to Big4SALTbro
quote:
two perfect searches in a row
Besides finding the money to be able to pay all the necessary buyouts, what "search" did they do?
Popular
16
