From Zero to Millions: Accounting Edition

Get ready to dive into the fascinating parallels between coaching in business and sports. We emphasize the crucial role a business coach plays in guiding companies toward achieving their goals. We also tackle the ever-present challenge of staffing. Our discussion extends to the distinct nuances of different industries, illustrating how understanding these differences can inform better business decisions and strategies.

We further explore the key elements of building a successful accounting firm, focusing on the importance of cultivating strong team dynamics and creating efficient work schedules. Effective collaboration and well-structured workflows are essential for any firm's success, and we provide insights on how to achieve these.

Additionally, we share essential growth strategies tailored to the accounting industry. Whether you're an accounting professional or someone interested in business growth strategies, this episode is packed with actionable advice and insights!

What you'll hear in this episode:

[0:30] Coaching in business vs. sports

[1:40] The role of a business coach

[2:10] Staffing challenges and solutions

[6:35] Differences between industries

[8:10] Building a successful firm

[14:55] Team dynamics and work schedules

[16:25] Marketing and growth strategies

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

We're thrilled to welcome Greg O'Brien, the CEO of Anomaly CPA. Greg takes us on a journey through his impressive career, starting with his early days in public accounting. He shares how these experiences laid the foundation for his transition into private real estate and set the stage for his entrepreneurial journey. We dive into the story behind founding Anomaly CPA, including the initial challenges he faced and how he navigated them.

Greg's journey is a masterclass in diversification and strategic focus. He talks about how Anomaly CPA has evolved, especially during the pandemic, where remote work became a pivotal factor in their growth. We explore Greg's client acquisition and marketing strategies, highlighting how they continue to attract and retain clients in a competitive market.

Investing in growth is a core theme in our conversation, as Greg discusses the importance of coaching and continuous learning. He also shares insights into creating and selling educational courses, a venture that has broadened Anomaly CPA's offerings. As we wrap up, we delve into the challenges of scaling a business and maintaining operational efficiency. Join us!

What you'll hear in this episode:

[1:00] Meet Greg O'Brien the CEO of Anomaly CPA

[1:50] Greg's early career and public accounting experience.

[3:25] Transition to private real estate and entrepreneurial journey.

[5:05] Founding Anomaly CPA and initial challenges.

[6:10] Diversification and strategic focus.

[8:30] Remote work and growth during the pandemic.

[11:00] Client acquisition and marketing strategies.

[13:35] Investing in growth and coaching.

[21:10] Creating and selling educational courses.

[25:50] Scaling the business and operational challenges.

[30:10] Conclusion and contact information.

Connect with Greg https://www.linkedin.com/in/greg-o-brien-cpa-88a3472b/

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

Today, we dive into the incredible journey of Ronald Withaeger. Join us as we chat about his fascinating experience as he went from working for a firm to managing and growing a full-fledged tax practice. We'll explore the challenges and strategies he employed in client retention and how purchasing a small practice became a game changer for him. Ronald shares his insights on scaling and then selling parts of the business. He also reveals his passion for empowering employees to start their own firms!

Balancing family and business is no easy feat, and Ronald discusses the importance of finding that perfect equilibrium. We also delve into his outreach and community engagement efforts, highlighting the impact of giving back. Don’t miss Ronald’s introduction of his latest project, Prosperity Society, and get an inside look at his "Launch Your Firm" event, designed to inspire and guide aspiring accountants.

Tune in to hear Ronald's story and learn valuable lessons on managing a thriving tax practice while maintaining a healthy work-life balance. This episode is packed with actionable advice for anyone looking to make their mark in the accounting industry!

What you'll hear in this episode:

[0:30] Meet Ronnie Withaegar

[2:15] Building a side practice and taking the leap

[2:50] Managing and growing a tax practice

[5:25] Challenges and strategies in client retention

[7:45] How purchasing a small practice can be a game changer

[12:40] Scaling and selling parts of the business

[13:15] Empowering employees to start their own firms

[17:20] The importance of balancing family and business

[21:05] Outreach and community engagement

[21:55] Launch your firm event

[24:10] Introduction of Ronnies' project, Prosperity Society

Connect with Ronald https://www.linkedin.com/in/ronaldwithaeger

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

Tom Wheelwright joins us today! Tom is a visionary in the world of tax strategy and wealth creation. His journey from early career to founding his own firm will show you what's possible and inspire you to take action. He shares information about the evolution of tax strategy and the inception of WealthAbility, his groundbreaking network that helps individuals and businesses navigate the complexities of tax planning.

Tom's expertise isn't just confined to his practice; he's also a prolific author. We dive into his impressive books, each a treasure trove of insights on building wealth and mastering the tax game. As we discuss the challenges and changes in the CPA industry, Tom sheds light on the innovative WealthAbility franchise model, which is revolutionizing the way CPAs operate and grow their practices.

Looking ahead, Tom offers his predictions on the future of the CPA profession, emphasizing the crucial role of technology in shaping the industry. His forward-thinking perspective is a must-listen for anyone interested in accounting and wealth management. Join us as we explore these topics and more, gaining valuable knowledge from one of the industry's leading figures!

What you'll hear in this episode:

[1:00] Introduction of Tom Wheelwright

[1:40] Tom's early career and founding of his firm

[2:40] The evolution of tax strategy and WealthAbility

[3:50] Rundown of books that were written by Tom Wheelwright

[5:45] Challenges and changes in the CPA industry

[13:25] The WealthAbility franchise model

[19:10] Future of the CPA profession and technology

Connect with Tom https://www.linkedin.com/in/tomwheelwright

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

Dive into a comprehensive recap of our recent experiences at the Bridging the Gap and the Taxposium conferences. We share our networking adventures, from insightful conversations with industry leaders to the innovative software recommendations that are reshaping our practice.

As the accounting landscape continues to evolve, we discuss the rising trends in outsourcing and the global market, offering a fresh perspective on leveraging these opportunities. Finally, we reflect on what we've learned and Bilal outlines future plans to stay ahead in this dynamic field. Tune in for an engaging and professional discussion that will leave you inspired and informed, ready to take your accounting practice to new heights.

What you'll hear in this episode:

[01:00] Networking and experiences at Taxposium

[03:55] Software recommendations and implementations

[07:10] Bridging the Gap conference highlights

[11:20] Outsourcing and global market trends

[17:40] Bilal's reflections and future plans

Learn more about the National Pipeline Advisory Group

https://www.accountingpipeline.org

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

Today we're joined by Ilya Radzinksky, the innovative mind behind TaxDome. Ilya shares his journey and the inspiration behind TaxDome, revealing how this groundbreaking tool is revolutionizing the client experience in the accounting world. We discuss how we have integrated TaxDome into our own practices and how it's transformed the way we interact with clients and streamlined our processes!

Ilya provides valuable insights into the profound impact technology is having on accounting firms, highlighting the ways it enhances efficiency and accuracy. We also explore the future of AI in accounting, considering its potential to further revolutionize our industry. Ilya’s expertise offers a glimpse into the future, discussing strategies for scaling and eventually selling your accounting firm. This episode is packed with invaluable advice and forward-thinking strategies that you won’t want to miss!

What you'll hear in this episode:

[01:00] Meet Ilya Radzinksky of TaxDome

[01:35] How Kelly and Bilal use TaxDome

[04:05] The client experience revolution

[10:20] The impact of technology on accounting firms

[16:50] The future of AI in accounting

[20:10] Scaling and selling your accounting firm

Contact Ilya: [email protected]

Learn more about TaxDome https://taxdome.com

Connect with TaxDome https://www.linkedin.com/company/taxdome/

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

In this episode we sit down with the remarkable Chase Birky to dive into his inspiring career journey. Chase shares his story from the early days of his career to the pivotal moment when he decided to establish Dark Horse CPAs, a firm that stands out with its unique and innovative business model. We explore how Dark Horse CPAs differentiates itself in the crowded accounting landscape, offering insights into its distinctive approach to client service and firm management. Chase also discusses the impressive growth of Dark Horse and shares exciting future plans for the firm, giving us a glimpse into what's next for this trailblazing company.

This episode is a must-listen for anyone interested in the intersection of accounting and entrepreneurship. Join us for an engaging and informative discussion that not only highlights Chase's entrepreneurial spirit but also provides valuable lessons and actionable insights for aspiring accountants and business owners!

What you'll hear in this episode:

[0:30] Meet Chase Birky, the CEO of Dark Horse CPAs

[1:40] Chase's career journey

[3:45] Founding of Dark Horse CPAs

[6:50] Dark Horse's unique business model

[14:30] Growth and future plans for Dark Horse

Learn more about Dark Horse CPAs https://abetterway.cpa

Connect with Chase https://www.linkedin.com/in/chasebirky/

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

In this exciting episode, we dive deep into the world of international tax with our distinguished guest, Mariya Luqmani. She is an international tax expert whose incredible journey from India to the US has equipped her with unique insights and expertise.

Mariya provides invaluable advice on staying compliant with international tax regulations, which is crucial for any business operating on a global scale. Furthermore, we discuss the benefits of outsourcing and the power of collaboration in the accounting field. We emphasize how these strategies can lead to substantial growth and success.

Tune in to gain a wealth of knowledge and practical tips from Mariya and learn how to navigate the complex landscape of international tax with confidence!

What you'll hear in this episode:

[1:00] Introduction to Mariya Luqmani, international tax expert

[2:55] Mariya's journey from India to the US

[6:10] Leveraging technology in accounting

[13:05] International tax compliance

[20:55] Outsourcing and collaboration

Connect with Mariya https://linkedin.com/in/mariyaluqmani/

Email your questions regarding international tax [email protected]

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

In this episode we dive deep into our experiences at the AICPA and Tax & Legal conferences. These events are the gold standard for professionals in our field, and we can't wait to share the invaluable insights and networking opportunities we discovered. From the high-caliber sessions to the impressive lineup of industry experts, these conferences offered a wealth of knowledge that has significantly impacted our professional journeys. We'll take you through the highlights, discussing key takeaways and the moments that stood out to us, ensuring you get a comprehensive overview of what these conferences have to offer.

We also compare and contrast the different conferences, shedding light on their unique aspects and what sets them apart. Plus, we're looking ahead to future conferences, sharing our plans and recommendations to help you make the most of your own conference experiences. Whether you're a seasoned conference-goer or considering your first event, this episode is packed with tips and insights to elevate your professional journey. Tune in and get ready to enhance your career with the knowledge and connections we’ve gained along the way.

What you'll hear in this episode:

[0:30] Engage AICPA and Tax & Legal conference experiences

[2:55] Networking and insights from conferences

[6:45] Comparing different conferences

[12:20] Future conference plans and recommendations

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

Today we're joined by Marcus Dillon, a pioneering figure whose journey from modest beginnings to industry leader is both remarkable and instructive. Marcus shares his early steps in the accounting world and reflects on key milestones that shaped his career, including major acquisitions and strategic pivots that propelled his firm forward.

Marcus provides actionable insights into adapting to digital transformation within professional services. We delve into Marcus's effective approach to client acquisition, and his perspectives on team structure and capacity planning. Tune in to learn how he overcame challenges, capitalized on opportunities, and built a thriving multi-million dollar firm from the ground up!

What you'll hear in this episode:

[01:00] Introduction of Marcus Dillon

[01:55] First steps and early acquisitions

[03:45] Growth and challenges Marcus faced in his journey

[04:35] Major acquisitions and shifts

[07:20] The transition to a virtual firm

[16:10] Marketing and client acquisition

[21:35] Team structure and capacity planning

[27:00] Advice for Legacy Practices

Connect with Marcus https://www.linkedin.com/in/marcusdillon/

Check out his website https://www.dillonadvisors.com/

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/