Accounting High

Episode 84 | Recorded May 16, 2022 We would so appreciate it if you took our listener survey linked here: https://bit.ly/3NRSAfD Today’s episode is sponsored by Justworks - visit justworks.com/partners In this episode, we find out what Scott Scarano was like as an employee. Jason Ackerman’s usual drill in drilling out guests. Damon Yudichak, PFP, MBA, CPA’s journey from serving in the army to being an accountant and how he was able to keep his firm up despite doing it solo. He is another testament to the Profit First philosophy so be sure to keep your notes on how he was taking home the same amount of money as a 1.5M firm despite grossing just a fifth of that. 1 - What was Scott like as an employee? 3 - Damon’s journey toward accounting 6 - I think one of the great things about the accounting business is you've got this recurring revenue stream that you can build 12 - No employees even after running the firm for more than 10 years 17 - Selling my clients to get new ones Shoutout to Mike Michalowicz, John Briggs 22 - A lot of people are good at making money, the challenge is keeping it 23 - 80% of your revenue will come from 20% of your customers: The Pareto Principle 31 - Damon’s tech tools for his practice 35 - Damon’s numbers, exposed 42 - Best advice to firm owners from Damon 46 - To all real estate agents out there, be sure to check out Damon’s Profit First for Real Estate Agents

Episode 83 | Recorded October 31, 2022 We're on a mission to set our own traditions here at Accounting High, and we need your help and feedback to do it. If you have a few minutes to spare, we would so appreciate it if you took our listener survey linked here: https://bit.ly/3NRSAfD Thank you to Tallyfor for the support, from The Accounting High Booster Club https://www.tallyfor.com/ This Episode includes appearances by: Nikole Mackenzie, CPA “Coach Mack” Scott Scarano, EA Peter Wen (Tallyfor) Shane Mason, CPA Megan Justice, EA, LTC and for those of you that know and love our NiksTips series, you’ll be pleased to know it’s not going anywhere, it’s now “VarsityTips with Coach Mack” Topics discussed today include: Accrual Based Accounting Saving Time with Tallyfor Heros Scalability Switching to the Cloud Having Fun Limitations and the Future of Tallyfor FreshBooks Journal Entries Closing Statements Debut of “So Fresh, So Easy”

Episode 82 | Recorded May 23, 2022 We're on a mission to set our own traditions here at Accounting High, and we need your help and feedback to do it. If you have a few minutes to spare, we would so appreciate it if you took our listener survey linked here: https://bit.ly/3NRSAfD The Accounting High Booster Club: thank you GoProposal for the support! GoProposal https://goproposal.com Today’s episode is a laidback chat between Scott and Tax TeleGraf, Logan Graf, CPA. They give us an insight into how today’s social media platforms have been tools to reach out not just to the accounting community but to potential clients as well. These tools are double-edged swords but if played correctly, they can be used as a way of attracting clients that are inclined toward the same culture. Interested in building your own following? Be sure to keep your ears open as you wouldn’t want to miss the tips that got Logan his 11.2K followers on Twitter. 3 - Why Accounting of all things? 6 - Kids don’t really want to be accountants when they grow up 10 - The best accounting firm owners didn’t take the traditional accounting route 14 - I’m not afraid of going against the grain 25 - Why did you get into Twitter? 29 - The race to 10K: Staats vs Graf 35 - I just want to make people smarter when it comes to taxes 42 - You can only grow and nurture one thing at a time 46 - The pains of plannings out your goals 50 - Where do you find fulfillment? 54 - Talking about an accountant's body 58 - The Accounting Multiverse 72 - Working from home has been a blessing 74 - Posting and Boasting 78 - The Logan process for filtering potential clients 90 - How can I grow my following on Twitter? 92 - The best posts are the ones that people can relate to 94 - The search for Daily Tax Memes. Who are you?

Episode 81 | Recorded January 14, 2022 Welcome to Part 3 of our Accounting Club Collection This is an episode about changing the accounting profession, one firm at a time. Starring Zunie Nguyen, CPA - Founder & CEO of Yogi CPA Today’s episode is sponsored by Justworks - visit justworks.com/partners Our first-ever, annual listeners survey; we’d love it if you took a moment to fill this out so we can continue to improve our show! https://bit.ly/3NRSAfD Song Credits H.E.R. - Changes Lana Del Rey - Change Taylor Swift - Change Sheryl Crow - A Change Would Do You Good Tupac - Changes Justin Bieber - Changes Black Sabbath - Changes Deftones - Change (In the House of Flies) David Bowie - Changes Otis Redding - A Change Is Gonna Come Blind Melon - Change Fleetwood Mac - Landslide Eric Clapton - Change the World J. Cole - Change

Episode 80 | Recorded May 9, 2022 The Accounting High Booster Club, thank you GoProposal for the support! GoProposal https://goproposal.com Today we have Scott and Kellie Parks CPB chatting during their time in Paradise Point San Diego. Hop on a conversation that revolves around change and why there is no stopping the Big Shift that our industry is currently on. Kellie shares how change has been a very fun experience for her and how she embraced these changes over time. Aren’t you tired of the current practices that you’re doing in your firm? Or are you content with everything right now that these changes seem more like a chore? Tune in as Scott and Kellie dissect these changes and how they continue to cope with what’s hot 0 - The SaaSy Accounting Coach 3 - Scott and Kellie in Paradise Point San Diego 6 - I do lots of accounting but I’m not an accountant 10 - How Kellie found her love for accounting 13 - I do one personal tax return a year and every single year that client does not pay me and complains about the job that I did Shoutout to Ryan Lazanis, CPA, Chad Davis, Brian Clare, Rachel Fisch, CPB Shoutout to our sponsors GoProposal 20 - “Change is hard. Not changing will be harder” - Kellie Parks 25 - People who have trouble with change have not experienced the fun of it 28 - The fun factor in implementing tech is waaaaay underrated Shoutout to Zapier, 17Hats, Acuity Scheduling, Acuity Accounting, Matthew May 37 - We control numbers and then we try to control everything else around us Shoutout to Blake Oliver, CPA, Kyle Turriff 41 - Coms: from COMpetitors to COMmunity Shoutout to Jason Staats, CPA, MBA 47 - Grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference 53 - Go get the things you need to get, don’t have them shipped to you

Episode 79 | Recorded February 11, 2022 We're on a mission to set our own traditions here at Accounting High, and we need your help and feedback to do it. If you have a few minutes to spare, we would so appreciate it if you took our listener survey! https://bit.ly/3NRSAfD Scott’s Accounting Firm is hiring, if you’re an accountant and you think you might want to work for Scott, we will all pray for you, and you can send your resume to jobs@padgettnc.com The Accounting High Booster Club wants to share a big thanks to Botkeeper for their continued support. Botkeeper - visit https://www.botkeeper.com/ for more information In today’s episode, Scott discusses the importance and Impact of Culture in our firms/businesses with Jacob Schroeder, CPA and Marissa Jones. Our host and guests share their own experiences and find out among themselves what components of their businesses made up their companies’ culture. Why is it so important that it should even be considered when we pick our clients? Does having a culture that resonates with our team really affect output? How does it help? Find out in this episode how culture has been a proven essential to thrive in the entrepreneurial world 5 - What is Culture? What are we after when we’re building culture? 9 - Considering the company culture when hiring 12 - Defining your company’s culture 15 - It's important for us to build cultures that compensate and offset our extremes… 17 - You want things to reflect reality, not aspiration Shoutout to Logistis for Designers, Karbon 19 - Is there a way to test the cultural fit of a client before taking them on? 21 - We should have a greater filter level on clients coming in the door than we do on staff 25 - How much does the environment we create reflect our culture? 26 - People at different stages in life are going to interact better with certain cultures 28 - Key components of Culture 31 - The different kinds of cultural frameworks 37 - Key “C words” of Culture Shoutout to Kenji Kuramoto, ClickUp

Episode 78 | Recorded April 18, 2022 It's our long overdue listeners' survey! please fill it out, there will be prizes! https://bit.ly/3NRSAfD FreshBooks MeetUps - check us out in the PDX at Ecliptic Brewery on November 10, 2022! register here: https://t.co/6RaUdSHuAa The Accounting High Booster Club: thank you for the support! GoProposal https://goproposal.com/ and Justworks http://justworks.com/partners Joining Scott and Jason today, we have Mike Michalowicz. Find out how the man who wanted to be a garbage man when he was young went out to be the man whose mission is to eradicate Entrepreneurial Poverty through his books and other outlets. What is this Profit First Methodology? And how do we begin applying it in our firms/businesses? Tune in so you can get first-hand information from Mike himself as he shares his stories and how he has helped others to be more profitable. 7 - The name game 5 - Why did you pick the accounting vertical for Profit First? 11 - I wanted to be a garbage man when I grow up 17 - I'm just taking ideas that worked in the past, packaging in a slightly new way. But I'm a regular Joe and it worked for me, I hope it serves others 18 -  The Pratfall Effect 20 - A backup job for me would have been a standup comedian 22 - How the Grow My Accounting Practice Podcast came to life 24 - Profit is a discipline. It's not something that's like a flip of the switch, like one night it just magically appears. It's gotta be baked into your business 32 - Mike’s one piece of advice? Schedule a four-week vacation a year or two from today 35 - How do we apply Profit First? Shoutout to Relay 37 - Buying up other firms Shoutout to David Emmerman, Michael Ly 46 - “Purpose OR Profit” or “Purpose AND Profit” Shoutout to Simon Sinek 47 - The philosophy of finding your why is not necessarily just a philosophy, but it's a way of life Shoutout to James Clear

Episode 77 | Recorded January 14, 2022 Today’s episode is sponsored by Justworks - visit justworks.com/partners Our first-ever, annual listeners survey; we’d love it if you took a moment to fill this out so we can continue to improve our show! https://padgettnc.typeform.com/to/BSKZbvWk FreshBooks MeetUps - check us out if you’re in the PDX area, at Ecliptic Brewery on November 10, 2022! sign-ups here: https://bit.ly/3E3VkUc Andy Smith and Joshua Lance, CPA, CGMA Scott, Andy, and Josh share a quick chat about the accounting community and how it became a place where we can collaborate, improve our craft, and a place where we can open up about our struggles and strengths as firm owners to inspire all of those around us. 2 - Discovering a community Shoutout to Thriveal Jason M. Blumer, CPA, Julie Shipp, Greg Kyte, Marie (Phillips) Greene, CPA 8 - Just having a place where you can share those ideas and get feedback from others, I think is critical 12 - The community shows you the reality of running a firm Shoutout to Kenji Kuramoto 16 - You're not really competing with anybody for clients This episode is brought to you by the letter C Comrades confidence communities critical confidence comradery context crazy case studies connection communities, comparisons changes, case of coors competition collaboration cloud accounting current craft brewery chow conversation

Episode 76 | Recorded April 15, 2022 Our first-ever, annual listeners survey; we’d love it if you took a moment to fill this out so we can continue to improve our show! https://padgettnc.typeform.com/to/BSKZbvWk FreshBooks MeetUps aka "The Lil Toddler '22 Tour"- check us out if you’re in the PDX area, at Ecliptic Brewery on November 10, 2022!  register for the event here: https://bit.ly/3VHJ5mM Our Guest: Terrell Turner, CPA Scott gets a one-on-one with the content master, Terrel Turner. We get to know the man behind Business Talk Library and how a high school football varsity got into accounting, content-making and being awarded a 40 Under 40 award. This episode ain’t just for the content conscious out there but also for those who’re planning to start scaling their businesses. Terrell doesn’t shy away from giving out tips and how you can focus on your role to make sure your business drives the way you need it. 2 - My wife handles our taxes so I can focus on the client stuff Shoutout to Jason Ackerman, CPA, CFP®, CGMA 4 - Terrell’s early days and the way he got into Accounting 10 - The Business Talk Library 15 - How Terrell used the pandemic to prepare and build his business 20 - Growing the network and finding our guests 23 - What were some of your inspirations to start in a lot of this stuff? Shoutout to Gary Vaynerchuk 27 - Learning from Oprah and Larry King Shoutout to Oprah Winfrey, Larry King, Conan O’Brien, Jimmy Falon 31 - Getting into the nitty-gritty of content making - the editing process 36 - On the way to becoming the content master Shoutout to StreamYard 37 - Terrell’s firm structure Shoutout to Lola Turner, CPA 43 - Inside the firm: Tools that we use Shoutout to LiveFlow 48 - From finding anybody to do business with to finding the ones we can create processes for. Finding your Niche 53 - When you have three older brothers, no matter what you do, you will never be the best at it for a very long time 57 - Focus on the wins that you do have and build from there 67 - 40 Under 40 71 - Something to get excited for? Terrell’s Pitch Analysis 76 - If you're doing a little bit of everything, you'll never be able to really scale it because you're doing so much Shoutout to Adam Hale, CPA and Chad Davis 79 - Taking notes from #NiksTips and the ones ahead of me 82 - Terrell goes to Europe

Episode 75 | Recorded July 19, 2022 for more on Justworks check out justworks.com/partners #NiksTips on PE A fitter you is a better you! Scott and Niks share their tips on Physical activities and exercises to help us be fit and stay fit. Is there even time to workout on our busy days? And how can you workout when there isn’t even enough hours in a day? Listen in as our hosts share their secrets on how they were able to keep fitness in check despite their busy schedules. 1 - Ready for our PE class? Shoutout to James Ashford, Peloton 3 - The challenge in the real world: Do we have time left for exercise? 6 - Niks’s efforts to workout while working 11 - Scott’s style and teaching PE Shoutout to Glen Cordoza and Kelly Starrett’s Becoming a Supple Leopard 14 - The secrets to fitting fitness into your life Shoutout to Twyla Verhelst, CPA 18 - Tracking physical activities at the office and having a fitness stipend Shoutout to PeopleKeep 21 - Home workout tips and essentials Shoutout to Les Mills International 26 - Learning from Youtube and Sex Ed 30 - Mastering portion control and eating right 36 - Drinking? Be sure it doesn’t inhibit you 37 - Sleeping right is the key 44 - Don’t leave your workouts when traveling Shoutout to Kenji Kuramoto 47 - Start ‘em young: Teaching our kids to be fit