With a background spanning 32 years at GE, Ron Barker's expertise is undeniable. So, when he decided to share his experience with FocusCFO, he did it in a format he knows best: a Top 10 countdown.
Before we get to Ron's insights, here's a little bit about his journey from traditional CFO to Fractional CFO: Ron spent his 32-year career with multiple GE businesses, including as the CFO of a $1.2B P&L with 22 global sites. He is a certified Six Sigma Master Black Belt and led a business-wide initiative to improve cash and cash processes. After seeking opportunities post-GE, Ron found FocusCFO.
"FocusCFO offered flexibility and the ability to run a business without a large capital investment. They put a high value on experience and continued learning, and their process really differentiates them from other consulting firms. FocusCFO gives me the opportunity to give back to the community, learn, and help multiple businesses."
| 1 | Good ROI on Fee |
CFOs are paid based on actual services provided to clients. As a finance guy I, of course, had to do an ROI calculation, and I was pleased with the return on my initial investment in FocusCFO. |
| 2 | Business Model |
Area Presidents + Experienced CFOs + Playbook = Small business success. After retiring from GE, I interviewed for a few positions and quickly discovered that my experience was not always valued. Some assumed I was too expensive, others decided I was too old. When I found FocusCFO it was clear that FocusCFO and their clients valued the 30+ years of experience and insights that I bring to the table. |
| 3 | Variety | My long-term clients run the gamut from IT services and manufacturing to pet subscription boxes and contractor services. The variety keeps me engaged and constantly learning from my work. |
| 4 | Less Stress | After serving for a large public company for so long, I was used to the quarter-point stress. With small- to mid-sized businesses, the books must still be closed, but it tends to be much smoother, with fewer layers of red tape and significantly less stress. |
| 5 | Continuous Learning | Everyone is committed to the value of continuous learning. I enjoy participating in FocusCFO’s Book Club and weekly learning sessions. In fact, in the past 18 months, I have read more books than in the previous 56 years of my life. It has been a wonderful opportunity to learn and know more about myself. |
| 6 | Culture of Support | The willingness and responsiveness of everyone to help are unbelievable. Our clients are not only tapped into my 30+ years of experience but also into the collective well of knowledge of the other 100+ associates I work with. |
| 7 | Identifiable Impact | When working with small businesses versus large corporations, your impact is much more easily identified. You can see the value that you add, and where you are adding the value, much more quickly. |
| 8 | Relationships | It’s extremely rewarding to build relationships with clients, partners, my business community, and my fellow associates. I have had the opportunity to meet a lot of wonderful new people. |
| 9 | Schedule Control | I have valued having flexibility and control of my own schedule—being able to manage my vacation time, work at the pace that is most comfortable for me, etc. |
| 10 | Simply Fun | I have not only had the opportunity to guide a handful of wonderful small businesses towards sustainable, transferable value—I have also gotten to engage with these businesses in unique, meaningful ways. I enjoy opportunities to be able to truly learn about and participate in my clients’ businesses—and even to get my hands a little dirty! I recently had the opportunity to hop behind the driver’s seat in an excavator and deliver a load of dirt. |
Ron’s journey is a powerful example of how the fractional career path can breathe new life into an experienced executive's professional journey. By stepping away from the traditional corporate grind and into a role that prioritizes flexibility and impact, he found a way to apply his decades of wisdom to the unique challenges of the small business community.
If you are seeking a career "next chapter" that values your hard-earned experience and knowledge while giving you total control over your schedule, we invite you to explore what’s possible. Schedule a Discovery Call or learn more about our Fractional CFO and Area President opportunities today.