Millionaire University Flexible, Profitable, and In-Demand: Could A Bookkeeping Business Be Your Golden Ticket? | Kate Johnson
Apr 18, 2025
In this engaging discussion, Kate Johnson, founder of Heritage Business Services and expert in bookkeeping, shares her journey from a $0 side hustle to a thriving business. She reveals how to turn bookkeeping into a flexible and profitable venture, emphasizing essential skills and client acquisition strategies. Kate discusses the value of niche specialization, innovative pricing models, and building passive income. With practical tips and inspiring insights, she sheds light on why this 'unsexy' business can be a golden ticket for aspiring entrepreneurs.
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Start with Fundamentals & Software
- Start learning bookkeeping by mastering accounting fundamentals and software certifications like QuickBooks Pro Advisor.
- Spending about 10 hours on free resources helps confirm your interest before investing further.
Use Network and Niching to Get Clients
- Get clients by telling everyone in your close network and local business community that you're a bookkeeper.
- Niching down improves client acquisition and helps create repeatable processes.
Set Up Business Before Niching
- Set up your bookkeeping business properly with entity formation, separate bank accounts, and engagement letters.
- Gain real client experience before overcommitting to a niche or complicated offering.