Better Accounting = $$ = Growth (Daniel of Bags)
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Better Accounting = $$ = Growth (Daniel of Bags)
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Secure those bags! Let's dive deep into the wild world of financial management and small-business growth! It isn't just about traditional accounting and capital, but the reasons why...
- Every small business owner hates their accountant
- Black, Latino, and immigrant-owned businesses outperform in profitability
- The changing landscape of venture-backed versus bootstrapped businesses
It's time for Episode 025 of The Sherveen Show!
Featuring Daniel Taylor, co-founder and CEO of Bags, a financial growth platform helping businesses manage their finance and fund their growth with good debt.
Follow Daniel on LinkedIn: https://www.linkedin.com/in/daniel-taylor-95973662
Secure those Bags! https://securebags.com
Follow Sherveen on X: https://www.x.com/sherveen
Follow Sherveen on LinkedIn: https://www.linkedin.com/in/sherveenm
We get into:
How accounting firms for small businesses often fall short, leaving founders with a hot mess come tax season.
Bags's pivot, going from purely lending to a full-fledged “financial growth platform” that manages your books, secures funding, and strategically deploys working capital.
Capital access as a forcing function: the ways in which a business's books can either help or hurt in the moment in which they need more cash to grow.
Overlooked communities & their underestimated ROI: how Black, Latino, and immigrant-owned businesses often outperform in profitability – yet lack consistent credit access. TLDR: Bags is proving that inclusion is good business.
Why Bench collapsed, and the story it tells us about the missed opportunity to serve the long-tail (and how venture capital is now trying to fill that gap).
Building tech-enabled services: why manually helping customers at first can be the fastest route to real product insights and AI-driven scale.
From figuring out the perfect domain to raising capital (or just being profitable from day one!), we cover all the ways founders can ditch boring old spreadsheets and finally start making data-driven decisions.
Join us for more unfiltered founder stories every week, and subscribe to catch all the ways innovators are reshaping the future – one bold idea at a time.
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