GrowCFO Show

GrowCFO Show


#92 Mentoring CFOs in Fast-Growing Businesses with Ian Simpkin, CFO Mentor at GrowCFO

July 26, 2022

As a CFO in a fast-growing business, you have a lot on your plate. You are responsible for ensuring that the company is making money and growing at a healthy rate. But what if you could take your career to the next level by having a mentor? A mentor can help you learn new skills, make important connections, and give you guidance when it comes to difficult decisions. Ian Simpkin specialises in mentoring CFOs who find themselves in that exact situation.

Ian Simpkin is one of GrowCFO's experienced CFO mentors. In this episode, he joins Kevin Appleby to discuss how he mentors CFOs in fast-growing businesses. We talk about his career and experiences and how this impacts his approach to mentoring.

Ian, a Chartered Accountant (FCA), qualified with KPMG and trained at Insead in their International Executive Program. He has over 25 years of finance director experience and was European CFO of a Nasdaq 100 multinational during rapid growth from $20 to $450m.

Ian has a great practical understanding of driving business growth, fundraising, acquisitions and exit planning. Besides mentoring new CFOs, he advises SMEs on financial strategies to help grow their businesses. He is passionate about helping his mentees develop their skills and expertise to realise their potential and provide Board level strategic advice.

Links

Mentoring at GrowCFO Meet the GrowCFO mentorsThe CFO Competency frameworkIan Simpkin on LinkedInKevin Appleby on LinkedIn

Timestamps

00:57 Introducing Ian Simpkin

02:00 Growing a company from $20m to $400m

03:11 Making acquisitions to grow

04:20 What challenges do you deal with day to day as a mentor and portfolio CFO?

05:28 How do you approach mentoring?

06:52 What are the biggest issues you find with CFOs in their first role?

07:57 The CFO competency framework

10:00 The CFO as a strategic business partner

11:48 Ian Simpkin outside the office

13:16 Why choose Ian as a mentor?