Think Like an Owner

Brett Kelly - Building a Global Accounting Firm with Permanent Capital - Ep.228

Jun 25, 2024

Brett Kelly, CEO of Kelly Partners, shares insights on building a global accounting firm through strategic acquisitions and innovation. He discusses his consolidation playbook, technology integration, and future goals. Inspired by leaders like Warren Buffett, Brett emphasizes the importance of partnerships, self-awareness, and continuous improvement for success in the industry. The podcast explores Kelly Partners' journey, the impact of going public, and the role of AI in accounting.

01:16:46

Episode guests

Brett Kelly

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Quick takeaways

Brett Kelly built Kelly Partners through 80 acquisitions and a focus on high-net-worth clients.

Kelly Partners adopts a strategic growth approach inspired by Warren Buffett's principles.

Kelly Partners transforms accounting practices with a robust business management system and strategic leadership.

Deep dives

Building Kelly Partners - Origin Story and Entrepreneurial Journey

Brett Kelly, founder and CEO of Kelly Partners, shares the story of starting the accounting tax and advisory firm in 2006. Inspired by personal experiences with financial turmoil in his family, Brett's interest in accounting began early, leading him to work with big firms and eventually launching his own business. Through relentless effort and diverse experiences, including writing books and interviewing prominent personalities, Brett grew Kelly Partners organically, focusing on high net worth clients and strategic acquisitions, positioning the firm as a player in the accounting industry.

Nothing Takes The Place of Enthusiasm

00:47

Comprehensive Progress Strategy in Business

01:33

McDonald’s Front End (limited, branded SKUs), Walmart backend (become large, secretly)

00:58

Know Who You Are

01:08

Intro

4min

Journey of Building a Successful Accounting Firm

26min

Building a Global Accounting Firm

19min

The Impact of Going Public and Building Credibility

5min

Learning from Leaders and Quotes for Business Mindset

11min

Exploring the Role of AI in the Accounting Industry and the Continued Importance of Accountants

6min

Future Plans and Values of Kelly Partners

5min

Ep.228: Alex (@aebridgeman) is joined by Brett Kelly (@BrettKPG).

My guest on this episode is Brett Kelly, founder and CEO of Kelly Partners, a publicly traded accounting, tax, and advisory firm with global ambitions and a roughly $350m market cap. Since 2006 they have done 80 acquisitions and developed a strong playbook for building best-in-class accounting firms with a focus on high-net-worth clients and growing companies. Brett is a really serious and motivated leader who’s pulled tons of great ideas from others and has a multi-decade vision for Kelly Partners. He’s also the author of 5 books, one of which he wrote before launching Kelly when he was 22 years old.

Brett and I talk about the origins of Kelly Partners, companies and leaders he draws inspiration from, elements of his consolidation playbook, the role of technology and software, and what the future holds for Kelly.

Listen weekly and follow the show on Apple Podcasts, Spotify, Google Podcasts, Stitcher, Breaker, and TuneIn.

Learn more about Alex and Think Like an Owner at https://tlaopodcast.com/

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Think Like an Owner

Brett Kelly - Building a Global Accounting Firm with Permanent Capital - Ep.228

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Building Kelly Partners - Origin Story and Entrepreneurial Journey

Strategic Approach to Growth - Borrowing from Buffett and Structured Expansion

Revolutionizing Accountancy - Innovation in Business Management and Growth Strategy

Building a Business Like an Olympic Sport

Transitioning to a Public Company and Strategic Growth Goals

Nothing Takes The Place of Enthusiasm

Comprehensive Progress Strategy in Business

McDonald’s Front End (limited, branded SKUs), Walmart backend (become large, secretly)

Know Who You Are

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

Share
& Export

AI-powered
podcast player

Discover
highlights

Think Like an Owner

Brett Kelly - Building a Global Accounting Firm with Permanent Capital - Ep.228

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Building Kelly Partners - Origin Story and Entrepreneurial Journey

Strategic Approach to Growth - Borrowing from Buffett and Structured Expansion

Revolutionizing Accountancy - Innovation in Business Management and Growth Strategy

Building a Business Like an Olympic Sport

Transitioning to a Public Company and Strategic Growth Goals

Nothing Takes The Place of Enthusiasm

Comprehensive Progress Strategy in Business

McDonald’s Front End (limited, branded SKUs), Walmart backend (become large, secretly)

Know Who You Are

Get the Snipdpodcast app

AI-poweredpodcast player

Discoverhighlights

Save anymoment

Share& Export

AI-poweredpodcast player

Discoverhighlights

Get the Snipd
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