About this episode

Marcus Crigler discusses hidden financial traps with entrepreneur David Phelps.

There's a lot of white noise in your financials that doesn't matter for anything. A lot of the time, it is what many CEOs are going after. In this episode of the Strength in Numbers podcast, Marcus Crigler talks with an entrepreneur and financial expert to talk about the hidden financial traps that many business owners fall into while trying to scale. Listen as David Phelps shares why understanding your numbers goes far beyond reading financial statements, and why tracking the right KPIs and ...

People in this episode

Host: Marcus Crigler

Guest: David Phelps

Topics covered

• financial traps
• entrepreneurship
• business scaling
• KPIs
• financial statements

Keywords

• financials
• entrepreneurs
• business owners
• scaling
• KPIs

Mentioned in this episode

Organizations: Strength in Numbers

More episodes of Strength in Numbers with Marcus Crigler

• Episode 69: Why So Many High-Income Entrepreneurs Still End Up Broke (and How to Fix That) · May 26, 2026 · 23 min
• Episode 68: The IRS May Owe Real Estate Investors Thousands of Dollars · May 22, 2026 · 28 min
• Episode 67: Why Thach Nguyen Thinks Most Investors Buy Rentals the Wrong Way with Thach Nguyen · May 19, 2026 · 44 min
• Episode 66: How to Build Monthly Cash Flow With Self Storage Units - Bree Hartman · May 15, 2026 · 38 min
• Episode 65: Tax Strategy Masterclass - Why Smart Investors Pay Less (And W2s Pay More) · May 12, 2026 · 23 min

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