105: Building a CPA Firm The Right Way – A Discussion with Marcus Dillon CPA

Marcus Dillon of Dillon CPAs in Katy, Texas, was our guest for this week’s episode of Life In Accounting, a podcast production of Where Accountants Go.

Building a Firm

For the record… the implication in the title of this podcast is 100% solely something I wrote – not a quote from Marcus. I suspect Marcus would feel like that statement is a little egotistical, which is why it’s not something you would hear him say.   As you will be able to tell from the audio interview, Marcus is a very humble individual.  However, you will also notice from the audio interview that he and his team believe in growing a firm that meets the needs of the specific clients they wish to serve as well as the internal employees.  It’s not a firm that values growth simply for the sake if growing.  Purpose is much more important to Marcus than growth.

Analysis To Find The Right Firm

Another aspect of this interview that you may find interesting is that although Marcus looked for a firm to acquire by signing up for broker newsletters and other announcements, ultimately he ended up going through his own analysis to locate potential merger targets. And it was successful!  He ended up starting his practice by locating the perfect merger partner and working out an arrangement that worked well for both of them.  Sometimes you simply have to take charge of the process yourself to get the best results.

Peace

The last thing I wanted to highlight about this episode is simply the peaceful, calm attitude that Marcus had during the recording. I mentioned this to him after the interview (offline), but I wanted to note it here as well.  I was extremely impressed about how well they have managed the growth of their firm, and how they have directed that growth.  They’ve done it in such a way as not to let it overwhelm them.  I’m sure they have some very busy times just like all firms, but they don’t seem to be overly stressed by the growth of their firm.  They truly seem to have a sense of peace, which is very refreshing.

Other episodes you may enjoy: 030 with Matt Malcom, or 092 with JAG CPAs

To listen in on the audio interview with Marcus Dillon, please click on the player below: