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Lee Cohen on Making Accounting Exciting, Giving Back, and Finding Personal Fulfillment | Founder and CEO at LMC Advisors


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Lee M. Cohen is the founder of accounting firm LMC Advisors and a community leader who has redefined what it means to run a successful business. With decades of experience building his firm into a trusted powerhouse, Lee has also made giving back a cornerstone of his life.

In this episode, we explore:

  • The keys to building a business that aligns with your personal values.
  • Lee’s approach to making accounting, an industry known as cookie-cutter and plain, an engaging and rewarding profession.
  • How his commitment to philanthropy has shaped both his life and career.
  • Lee also shares his advice for young adults who want to get ahead.


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    If you enjoyed this episode, check out ⁠my conversation with Alan Shamah, founder of e.l.f. Cosmetics, a cosmetics company that was valued at $12 BILLION at its peak.

    In that episode, we discussed Alan's journey of starting a company in a new industry from the ground up and what every startup founder needs to know.


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    🎙️ Momentum brings you the stories, advice, and wisdom of business visionaries—designed to inspire and guide you on your path to success. We release a new episode every Sunday and tons of clips on our Instagram account. Be sure to subscribe!

    ⁠⁠Follow us on Instagram⁠⁠

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    ⁠themomentumshow.com⁠


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    Enjoyed this episode? PLEASE - leave a comment! I love to hear your feedback!

    I also wouldn't be too angry if you rated the show 5 stars :)


    (0:00) Intro

    (1:37) Who are you and what do you do?

    (2:40) 1st working experience and getting into accounting

    (4:46) What it was like starting his own firm

    (6:24) How did you set yourself apart when starting out?

    (8:16) Biggest failure of your career?

    (12:33) How do you scale a service-based business?

    (14:14) What did starting from the ground up teach you?

    (15:30) 1 act of kindness that changed everything

    (19:09) How to decide between giving back and making money?

    (23:08) Why do you make community service a foundational part of your company?

    (26:44) What can young adults do to put themselves ahead?

    (29:41) How can young adults build up connections / meet people?

    (34:01) Momentum Moment

    (36:37) Closing thoughts

    (37:40) Outro and recap


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