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Grow My Accounting Practice | Tips for Accountants, Bookkeepers and Coaches to Grow Their Business

A fun show dedicated to accounting, bookkeeping, and coaching firms looking to grow their practice, stand out from the competition and help their customers even more.
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Grow My Accounting Practice | Tips for Accountants, Bookkeepers and Coaches to Grow Their Business
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Now displaying: July, 2024
Jul 25, 2024

Show Summary

In today's episode of the Grow My Accounting Practice podcast, we're thrilled to welcome Amy Baltimore, a seasoned accountant who has revolutionized her financial landscape through disciplined strategies. Amy shares her transformative journey from facing annual losses of tens of thousands of dollars to generating over $300,000 in income. Her remarkable turnaround involves not only clearing all her debt but also implementing key principles from "Profit First," "Pumpkin Plan," and "Clockwork" to reshape her business operations.

Amy delves into the bold steps she took to achieve financial freedom and operational efficiency. By cutting 75% of her clientele and reducing her expenses by 50%, she realigned her business to serve her better both professionally and personally. These changes allowed her to reduce her workweek from grueling 80-hour weeks to a more balanced four-day schedule. Her story is a powerful testament to the impact of strategic decision-making and prioritization in business.

Furthermore, Amy discusses the life-changing benefits these adjustments have brought her, including the ability to take a month-long vacation in 2023 without jeopardizing her business's functionality or profitability. Her experience illustrates the profound impact that structured financial planning and targeted business strategies can have, not just on a company's ledger, but on the personal life of its owner. Amy's insights provide invaluable lessons for our listeners on how to harness similar strategies to transform their own practices and achieve substantial, sustainable growth.

 

Website:
www.amybaltimorecpa.com

 

Corporate Partner:
People Processes - https://peopleprocesses.com/

Jul 18, 2024

Show Summary

In today’s episode of the Grow My Accounting Practice Podcast, we’re thrilled to welcome Christian Brim, a Profit First Professional and the distinguished author of "Profit First for Creatives." Christian dedicates his career to helping small business owners achieve financial stability and growth through innovative accounting strategies. His expertise is specially tailored for the creative industries, where financial management often takes a backseat to artistic pursuits.

During the episode, Christian dives deep into the concept of Target Market, discussing how creative businesses can identify and effectively serve their ideal customers. He explains the importance of understanding who your customers are, what they truly need, and how to align your business offerings to meet these needs. This segment is crucial for creatives who often struggle to position their services in a competitive market.

Furthermore, Christian sheds light on Value Pricing and its significance in maximizing profitability while fostering customer satisfaction. He explores the distinctive dynamics between Builders and Artists within business settings, emphasizing the need for balance between operational efficiency and creative freedom. Lastly, Christian’s talk highlights how passion drives success in the creative sector, encouraging listeners to harness their passion to create sustainable and profitable business models. This episode is a must-listen for any creative professional looking to elevate their business acumen and financial prowess.

 

Website:
www.coregroupus.com

LinkedIn:
https://www.linkedin.com/in/christianbrim/

X:
@coregroupus
https://twitter.com/coregroupus

Facebook:
https://www.facebook.com/coregroupus

YouTube:
https://www.youtube.com/channel/UCeO0QG2ygjLQz9TvEm_osyQ

Instagram:
https://www.instagram.com/coregroupus/ 

 

Corporate Partner:
People Processes - https://peopleprocesses.com/

Jul 11, 2024

Show Summary

In today's episode of the Grow My Accounting Practice Podcast, we are thrilled to have Venus Michael as our guest. Venus is the author of "Profit First for Photographers," a groundbreaking book designed to help photographers escape the cycle of entrepreneurial poverty and achieve financial clarity. She shares insights into common financial pitfalls that many creatives face and offers a practical, step-by-step roadmap to financial success that is both relatable and actionable.

Venus Michael's expertise goes beyond traditional financial advice, as she delves into the unique challenges faced by photographers. She guides readers through setting up a tailored banking structure, understanding cash flow management, and applying the Profit First principles to their businesses. Each chapter of her book provides essential insights into addressing issues like underpricing and overspending while celebrating the joy of taking a Profit First distribution. Her approach is designed to empower photographers to achieve financial freedom and business success.

Beyond the mechanics of money management, Venus addresses the mindset shifts necessary for lasting success. She combines analytical techniques with emotional intelligence to guide photographers to a place of financial clarity and confidence. Her method is both a science and an art, offering photographers a comprehensive guide to transforming their financial health. To learn more about her transformative approach and get a copy of her book, visit this link.

 

Website:
www.venusmichael.com
www.one21accountability.com

Facebook:
https://www.facebook.com/one21accountability

Instagram:
https://www.instagram.com/one21accountability/

Corporate Partner:
People Processes - https://peopleprocesses.com/

Jul 4, 2024

Show Summary

In today's episode of the Grow My Accounting Practice podcast, we have the pleasure of hosting Chad T. Jenkins, a lifelong entrepreneur and visionary known for reshaping businesses to deliver remarkable returns. Chad introduces his innovative FILM methodology, which stands for Friction, Identification, Leverage, and Market. He coaches entrepreneurs to embrace the frictions that others avoid, turning these challenges into opportunities for growth and eliminating competition. By leveraging market demands and addressing common complaints, Chad demonstrates how to set unique margins and attract built-in clients.

Chad also discusses the powerful concept from his latest book, "Just Add A Zero," which encourages exponential growth thinking. This methodology, based on the simple act of adding a zero at the beginning or end of a number, has significantly moved the needle of opportunity for Chad and countless other entrepreneurs. He emphasizes that this mindset shift is crucial for achieving substantial business growth and exploring new possibilities.

Another key topic Chad delves into is the importance of collaboration as a business strategy. He defines collaboration as the unique value creation resulting from the natural attraction of authentically expressed people, places, and things. By focusing on authentic expressions and leveraging existing resources, entrepreneurs can overcome obstacles and unlock growth opportunities. Chad's upcoming book, "Nothing New Without a Who," further explores this theme, emphasizing the need for collaboration to achieve exponential outcomes. He shares how this approach has fueled growth for him and other entrepreneurs, highlighting the value of working together to navigate challenges and seize opportunities.

 

Website:
https://seedspark.com/

Facebook:
https://www.facebook.com/SeedSpark/

YouTube:
https://www.youtube.com/channel/UCaSD-HmywcGJP4VaDa828dQ

LinkedIn:
https://www.linkedin.com/in/chadtjenkins/
https://www.linkedin.com/company/seedspark/

Instagram:
https://www.instagram.com/seedsparkclt/


Corporate Partner:
Tripp Crosby, Very Very Video - www.veryveryvideo.com

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