Introduction
Welcome to another episode of Mastery Fractional CFO's Punchy Podcast, where host Ryan Chenier, founder and CEO of Mastery Fractional CFO Services, speaks with business leaders from all walks of life about their insights. Whether you’re an entrepreneur, the CEO of a small to medium-sized business, or just looking to expand your knowledge, this podcast delivers practical, actionable takeaways.
In this episode, Ryan speaks with Hanny Mehari, Founder and CEO of Hannymobile—a thriving cell phone business built from scratch through determination, innovation, and a commitment to community. Ryan and Hanny explore Hanny’s entrepreneurial journey, his philosophy on building relationships, and the importance of cash flow management for business success.
Meet Hanny Mehari
Hanny Mehari is the epitome of an entrepreneur. Starting Hannymobile in 2019, he turned a side hustle into a thriving business specializing in buying, refurbishing, and wholesaling cell phones. From leveraging platforms like Facebook Marketplace to establishing B2B partnerships with mobile stores across Canada, Hanny has carved out a niche through hustle, ingenuity, and perseverance.
But Hanny’s impact goes beyond business. As the facilitator of Hanny’s Lounge at Akin’s Business Centre in Winnipeg, Manitoba, he’s created a platform for entrepreneurs to connect, learn, and grow—building a community that thrives on shared knowledge and mutual support.
Topics Covered in This Episode
Start Small, Think Big
Hanny’s entrepreneurial journey began with reading Rich Dad Poor Dad, a book that sparked his passion for business. He started Hannymobile with minimal investment, buying and reselling phones through platforms like Facebook Marketplace. His advice?
Start with what you have.
Learn as you go.
Let growth come naturally.
Relationships Are Key
For Hanny, business success hinges on relationships. By networking and establishing trust, he expanded Hannymobile’s reach and created valuable partnerships with phone shops across Canada. His success is a testament to the power of genuine connections.
The Power of Giving Back
Hanny lives by the mantra, "Each one, teach one." Through Hanny’s Lounge, he shares his knowledge, mentors aspiring entrepreneurs, and brings people together to create opportunities. This mindset has strengthened his network and left a lasting impact on his community.
Cash Flow Management for Entrepreneurs
Hanny and Ryan discussed the critical role of cash flow forecasting for business growth. Key takeaway?
Cash flow isn’t just about profits—it’s about timing and preparation.
Forecasting your cash inflows and outflows can help you make informed decisions about hiring, investing, or expanding.
A Fractional CFO’s Insight: Cash Flow Challenges
Hanny’s question about managing cash flow opened the door to a critical conversation. Ryan explained that cash flow forecasting is a game-changer for businesses of all sizes. Here’s why:
It helps you anticipate shortfalls and plan proactively.
It enables you to align cash timing with strategic decisions like hiring or investing.
It ensures growth without jeopardizing financial stability.
Pro Tip: If your business isn’t using a cash flow forecast yet, start now—it’s a no-brainer for any company aiming for sustainable growth.
Hanny’s Advice to Entrepreneurs
Hanny’s message to aspiring entrepreneurs is clear: Get started, take action, and figure it out as you go. His tips include:
Find your "why" to stay motivated.
Build a supportive network of like-minded individuals.
Embrace challenges as opportunities to grow.
Stay resourceful—it’s not about how much you have but how you use it.
Key Quote from Ryan
“Business is about people, and people are about relationships. If you’re enjoying yourself doing business, you’re not really working—you’re living life to the fullest.”
Closing Thoughts
This episode highlights the transformative power of business when combined with passion and purpose. From Hanny’s inspiring journey to actionable financial insights, there’s something for every entrepreneur to take away.
If you found this episode valuable, please share it with someone in your network who might benefit from it. You can connect with Hanny on social media (@HannyMehari on Instagram and Facebook) or reach out to him directly if you have old phones you’d like to sell or repair.
To listen to the podcast visit: https://sites.libsyn.com/530067/site
Ready to tackle your cash flow challenges? Contact Mastery Fractional CFO Services today to learn how we can align your finances with your business goals.
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