Natalie Gingrich with The Ops Authority
February 19, 2020
Hey there! Lydia here. Welcome back to our She Knows Her Numbers Blog series!
This year, I really want to dive into the idea that you can understand your numbers. I thought the best way to show you this is to give you examples of real women business owners who are taking imperfect steps to know and understand their numbers.
This week, I’ll be featuring Natalie with The Ops Authority! She is incredible with Operations and teaches business owners all about the back end of their business. Her podcast ‘The Ops Authority’ has helped me tremendously!
Without further ado, here is Natalie!
Natalie Gingrich is the founder and host of The Ops Authority. She has been in operations for two decades – either in healthcare, corporate America or as an entrepreneur. Her goal is to bridge the gap and overwhelm when it comes to processes and systems, growing a team, and setting up solid business foundations. She spent 15 years in corporate operations and leadership at a Fortune 150 company. When given the opportunity to leave, she put the knowledge, certifications, and experience to work by creating her own consulting firm as well as a certification. She developed the Director of Operations certification to equip existing ops experts a flexible profession, outside of corporate but still playing a huge role in small businesses, globally.
What accounting system do you use?
Do you consider yourself a natural numbers girl?
Conceptually, I am analytical and curious which has lent me to being interested in numbers.
What are you doing to become more comfortable with your numbers?
Set and monitor KPIs, look at metrics, stay involved in P+L reviews.
How often are you checking your numbers?
Have you outsourced this? Give your bookkeeper a shout out!
What’s your best advice for someone just starting out in regard to their money?
Know what you need to make/bring home and price offerings accordingly. Control expenses from the beginning. We have an advantage today because we can have very little overhead or investment. Don’t comingle. If possible, debt free business.
What’s your Starbucks order? (Just for fun!)
Dragon drink 🙂
What report is most helpful for you to look at?
P+L (Profit and Loss)
How do you stay organized?
My Strategic Mapping exercise which is held in Trello. I have an assistant and a Proj Mgr who keeps me in line.
How do you make looking at your numbers more fun?
I am constantly challenging myself to contribute more to my family so tracking profit is my thing. I put overages into various accounts such as family vacations, a special treat for me, or retirement.
How can readers contact you?
Thank you for sharing, Natalie!