Stop Managing Money Like a Startup: The EOS Way to Financial Success

By kalwiggins / June 7, 2025

Transcript

(00:00)
Hi, this is Ryan with Synergy. I’m here to discuss an EOS-inspired approach to financial management—and how it can boost your business performance and growth.
Disclaimer: I’m not an EOS Implementer. I’m just a passionate fan who has worked with many EOS companies. If you’re doing boot camp or want professional implementation, I encourage you to do that.

(00:38)
The first thing we do is align your financial goals with the Vision Component.
You’ve got to do your VTO and make sure your 7–10 year goals—your BHAGs—are in place. Then, backtrack from there:
3-year picture
1-year plan
90-day rocks
Everything should align with reaching that 10-year BHAG.

(01:14)
We take a top-down approach: from your 10-year goal to your 3-year target, to your 1-year goal, and finally your four 90-day rocks.
Also, your financial goals should become rocks.
If you want to implement Profit First or open a second location, then that research and planning needs to become a 90-day priority.

(01:46)
The second thing: drive financial performance with data.
You need the right KPIs in your scorecard. You should be reviewing those metrics:
Weekly
Monthly
Quarterly
Annually
And more importantly—talking about them regularly. These KPIs help you gauge if you’re running your business effectively.

(02:13)
Next up: improve cash management.
Make it easy for your customers to pay you.
Follow up on past-due collections.
Manage your vendor relationships well.
You can create processes for all of this, and build related rocks and issues to support positive cash flow.

(02:47)
Finally, solve financial problems using the Issues Component.
Identify them. Discuss them. Solve them.
When you notice common patterns in your issues, go upstream—fix the process, not just the symptoms.
Open discussion as a leadership team allows more thoughtful solutions across departments.

(03:16)
EOS is a long-term, sustainable way to run your business.
There’s no reason to neglect the financial part of it.
Stick to these simple tools, and you’ll be well on your way to financial success and sustainability.
Thanks for watching! Be sure to subscribe, and check the link in the description if you need help in your business.

If you’re running your business like a startup when it comes to money, it’s time to stop.
In this insightful video, Ryan from Synergy Solutions shares how to apply the Entrepreneurial Operating System (EOS) to your financial management strategy—so you can gain clarity, make smarter decisions, and scale sustainably.

Whether you’re familiar with EOS or just starting to explore it, this video walks through practical ways to integrate finance into your vision, scorecard, and rocks. You’ll learn how to think long-term, use your numbers as a leadership tool, and solve recurring financial headaches by improving your processes.

🔑 What You’ll Learn (with Timestamps)

▶️ (00:38) – Align financial goals with your long-term vision
Learn how to connect your financial strategy to your 10-year target using EOS tools like the VTO and BHAGs. This alignment trickles down to your 3-year, 1-year, and 90-day goals.
▶️ (01:14) – Turn your financial strategy into actionable “rocks”
Make financial goals—like implementing Profit First or expanding locations—part of your 90-day execution plan to keep momentum.
▶️ (01:46) – Use scorecards and KPIs to drive performance
Don’t fly blind. Use EOS scorecards to track the right financial data weekly, monthly, and quarterly so your leadership team can stay accountable.
▶️ (02:13) – Master cash management with process and follow-up
From overdue collections to vendor management, build cash-positive habits into your business through repeatable processes.
▶️ (02:47) – Solve money problems using the Issues List
Recurring financial problems? Use the EOS IDS (Identify–Discuss–Solve) approach to trace them to their root and fix the process—not just the symptom.

EOS is About Getting Traction

EOS isn’t just about vision—it’s about traction. And that means applying discipline to your finances, just like you would any other part of your business. With Ryan’s breakdown, you’ll walk away with real-world examples of how to stop reacting to financial issues and start leading with clarity and confidence.

Watch the video above.

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