Life First Accounting Firm

S1E8 Starting Stories: Firm Ownership After Burnout w. Andrew Parks

Subscribe to The 15 Hour Accountant Newsletter [https://mailchi.mp/ericagoode/15hr-podcast] Get free CPE for this episode on Earmark [https://earmarkcpe.com/] ======== Andrew Parks | Momentum Strategic Advisors [http://momentumstrategy.co] | LinkedIn [https://www.linkedin.com/in/andrew-parks-4134bb103/] Resources Mentioned: Aligned Accountants [https://www.alignedaccountants.com/] Andrew Parks shares his journey from nonprofit work to starting his own accounting firm, highlighting the evolution of his career and facing burnout along the way. He discusses the process of self-reflection, networking, and the formation of his business with a partner, emphasizing the importance of listening and learning from others. Andrew Parks discusses his experience in managing a business, developing partnerships, and navigating the challenges of entrepreneurship. He shares insights on client acquisition, financial management, and the flexibility of running his own firm. Chapters 00:00 Meet Andrew Parks 05:47 Experience in Accounting and Advisory Services 13:08 Engaging with the Network and First Client 20:43 Business Growth and Service Offerings 25:55 Adapting to Business Changes 32:52 Client Size and Revenue Target 39:09 Navigating Burnout and Decision-Making Content ID Code: CKKC2DILY76LPKKU

S1E7 Starting Stories: A Side Gig Firm w. Monique Reece

Subscribe to The 15 Hour Accountant Newsletter [https://mailchi.mp/ericagoode/15hr-podcast] Get free CPE for this episode on Earmark [https://earmarkcpe.com/] ======== Monique Reece | Reece Accountancy [https://reeceaccountancy.com/] Resources Mentioned: ProConnect [https://accountants.intuit.com/tax-software/tax-online/] Calendly [https://calendly.com/] Aligned Accountants [https://www.alignedaccountants.com/] This conversation covers the journey of Monique Reese, a CPA, from starting her accounting firm as a side hustle to transitioning it into a full-time business. It explores the impact of the pandemic, client acquisition strategies, and the challenges of balancing a side hustle with a full-time job. Monique shares personal challenges and the importance of work-life balance in her entrepreneurial journey. It also delves into the significance of starting with referrals and the challenges of marketing a side hustle. The conversation provides valuable advice for individuals considering starting a side hustle and emphasizes the need for flexibility and adaptability in the journey. Chapters 00:00 Introduction and Podcast Debut 07:11 Impact of the Pandemic on Business 15:16 Balancing Work Hours and Client Load 38:34 Advice for Starting a Side Hustle Content ID Code: CKKC2DILY76LPKKU

S1E6 Starting Stories: Traveling the World + Running a Firm w. Alex Ostrov

Subscribe to The 15 Hour Accountant Newsletter [https://mailchi.mp/ericagoode/15hr-podcast] Get free CPE for this episode on Earmark [https://earmarkcpe.com/] ======== Alex Ostrov | Nomad CPA [https://nomad.cpa/] | LinkedIn [https://www.linkedin.com/in/alex-ostrov] | X (Twitter) [https://x.com/nomad_cpa] Resources Mentioned: Aligned Accountants [https://www.alignedaccountants.com/] HoldCo Conference [https://www.holdcoconference.com/] Alex Ostrov shares his journey from working in a traditional accounting firm to starting his own firm, Nomad CPA, while living a nomadic lifestyle. He discusses the challenges and rewards of remote work, building a global team, and the importance of work-life balance. Chapters 00:00 Transition from Traditional Accounting to Nomad CPA 09:42 Client Base and Global Presence 18:36 Managing a Global Team and Time Zone Challenges 25:12 Professional Satisfaction and Growth 31:29 Advice for Aspiring Fractional CFOs and Controllers Content ID Code: CKKC2DILY76LPKKU

S1E5 Starting Stories: Using Upwork to Get Clients w. Katie Rau

Subscribe to The 15 Hour Accountant Newsletter [https://mailchi.mp/ericagoode/15hr-podcast] Get free CPE for this episode on Earmark [https://earmarkcpe.com/] ======== Katie Rau | Blessed Books LLC [https://blessedbooksllc.com/] | LinkedIn [https://www.linkedin.com/in/katierau-blessedbooksllc/] | Facebook [https://www.facebook.com/people/Blessed-Books-LLC/61559843682847/] Resources Mentioned: Upwork [https://www.upwork.com/] QuickBooks Online Accountant [https://quickbooks.intuit.com/accountants/pricing/] The conversation covers the journey of starting a solo accounting practice, client acquisition through Upwork, work-life balance, long-term vision, and advice for aspiring entrepreneurs. Katie Rau shares insights into her experience and offers valuable advice for those considering a similar path in the accounting industry. Chapters 00:00 Introduction and Personal Update 11:19 Client Acquisition through Upwork 18:38 Work-Life Balance and Future Plans 26:22 Long-Term Vision and Business Growth 33:09 Advice for Aspiring Entrepreneurs Content ID Code: CKKC2DILY76LPKKU

S1E4 Starting Stories: Coming From a Non-Accounting Background w. Steve Nay

Subscribe to The 15 Hour Accountant Newsletter [https://mailchi.mp/ericagoode/15hr-podcast] Get free CPE for this episode on Earmark [https://earmarkcpe.com/] ======== Steve Nay | Daybreak Tax [https://www.daybreaktax.com/] | LinkedIn [https://www.linkedin.com/in/nsteven/]  Resources Mentioned: Business Strategies for CPAs [https://www.businessstrategyforcpas.com/] podcast by Geraldine Carter EA Journal [https://eajournal.naea.org/] National Association of Enrolled Agents [https://www.naea.org/] Tax in Action [https://tax.show/episodes] podcast by Jeremy Wells All the Money in the World [https://a.co/d/0evVOvuj] by Laura Vanderkam The conversation with Steve Nay covers his journey from a non-accounting background to starting a tax practice while working full-time. It explores the challenges and decisions involved in this transition, from becoming an enrolled agent to choosing tax software and managing the workload. The conversation covers the experience of balancing a side business with a full-time job, the growth and revenue of the business, client relationships, marketing, and the challenges of being a sole practitioner. It also provides advice for aspiring accountants coming from a different industry. Chapters 00:00 Meet Steve 11:26 Choosing Tax Software and First Clients 17:01 Experience and Expertise 23:30 Client Relationships and Marketing 28:47 Challenges of a Sole Practitioner Content ID Code: CKKC2DILY76LPKKU