Let Go of Millions of Dollars

I'd be shocked if there's a top 200 firm that did not send out a letter letters like this and let go of millions of dollars of clients. If they're just looking at revenue, are you really freeing up time in your firm? We're all trying to grow profitable, efficient accounting practices. Is that only going to be for the successful companies? You know, we'll only A and B clients get served by accountants because there's just not enough accounts anymore.

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(00:00) - Thank you to our sponsor, Zoho
(00:27) - Preview: We need to make accountants aware of accounting career paths with real work life balance
(01:11) - Introduction and quick overview of Blake's week and FAA meltdown
(11:22) - What logic did the firm give David for letting him go?
(21:15) - Thank you to our sponsor, Zoho
(22:40) - Not enough firms are offering remote work
(25:38) - Accountants don't need help getting clients
(27:56) - Blake shares a story about his friend switching firms
(29:44) - Blake shares a chart from CPA Trendlines
(33:35) - What is the starting salary for a CPA at a medium to large firm?
(37:16) - Thank you to our sponsor, LiveFlow
(38:25) - Quick follow up on the story of a recent accounting graduate choosing the military over a Big 4 firm
(40:06) - What is Profit First? And what do you do?
(46:20) - Parkinson's Law
(49:53) - Thank you to our sponsor, Anchor
(52:39) - Jennifer's voicemail about her networking event for students
(56:19) - Going over some comments in our live chat
(01:02:47) - Linda's message about Illinois lowering the CPA hours requirement from 150 to 120 hours to sit for the exam
(01:06:26) - Bernard's feedback on the Ron Baker episode
(01:10:25) - David makes a new 2023 prediciton
(01:11:08) - Rusty's message about North Carolina's CPA license requirements
(01:13:54) - Wrap up and where to reach Blake and David
(01:15:14) - Classifieds
(01:15:16) - Client Hub
(01:15:53) - RightTool
(01:16:15) - Federal Tax Updates Podcast
(01:17:27) - How to advertise in these classifieds