After the First Million Leading the shift to AI-first accounting with Jody Padar
Building a successful firm requires more than just number-crunching; it demands foresight, adaptability, and a willingness to innovate.
For the Radical CPA, Jody Padar, embracing the ever-changing landscape of accounting has been crucial. From pioneering cloud accounting to mentoring others in adopting technology, Jody’s career is a testament to transformative leadership. She has discovered that accounting is about more than transactions, and that they're more about making meaningful impacts in clients' lives through strategic, outcome-based approaches.
In this episode, Jody explores her journey from launching her firm to becoming a leader in AI integration for accounting. Her passion for technology has been her driving motivation, and believes aligning technology with business problems is essential. Whether you're an accounting professional or an entrepreneur in any field, you’ll find her expertise on growth, technology adoption, and redefining business models invaluable.
In this episode, you’ll learn:
- Why adopting a growth mindset is crucial: Adaptability is key for accountants facing rapid technological change. Embracing unknowns can lead to growth.
- The importance of aligning technology with business needs: Successful firm transformation starts by identifying business problems before choosing technology solutions.
- How AI can elevate strategic advisory roles: AI is not replacing accountants, rather freeing them to become the strategic advisors clients need.
Jump into the conversation:
(00:00) Meet Jody Padar
(02:13) Pioneering the cloud business model in accounting
(05:10) Defining the AI-first firm and preparing for 2030
(08:59) The necessity of a growth mindset for navigating change
(12:06) Leveraging personal agency in career development
(17:38) Intentional work-life balance design in accounting
(26:11) Productization and business model shifts in firms
(36:33) Enhancing advisory roles through AI-driven insights
(44:59) The evolving role of accountants with AI integration
(47:29) Embracing change, applying tech, and the future of accounting