Accounting High

Episode 252FACULTY: Ron BakerCLASS: #TheGuideScotty’s back in the Office with our Principal, Ron Baker, and he has a copy of "The Creative Act: A Way of Being" by Rick Rubin. In this book report, they cover a wide range of topics, including creativity in art and accounting, the quest for efficiency, the role of humor in art, and the importance of paying attention to your surroundings. The conversation also touches on the challenges of being an entrepreneur and artist, the subjective nature of value, and the evolution of an artist's work. This engaging and thought-provoking discussion is a must-listen for anyone interested in creativity, art, or entrepreneurship. Tune in to hear more from Scott and Ron on "The Creative Act" and its many insights.All the Shoutouts:Greg Kyte, CPA, Rick Rubin, Broken Record, Jason Ackerman, CPA, CFP®, CGMA, Times up, Jasper, Conversations with Tyler, South Park, Arthur Schopenhauer, John Wooten, James Clear, Simon Sinek, Tim Williams, Nikole Mackenzie, David C. Baker, Caddyshack, Dave Chappelle, Terrell A Turner, CPA, Kenji Kuramoto, James Ashford, Michelle Weinstein, Tim Ferriss, Leonard Cohen, Bob Dylan, John Lennon, Eminem, Paul McCartney, Beatles, Elvis Presley, Sage, Thriveal, The Crux, Momentum Accounting, Inc, Mortimer J. Adler

Episode 251FACULTY: Paul DunnCLASS: #TheGuideJoin Scott as he sits down with Paul Dunn, an author and a veteran in the accounting profession with over 30 years of experience. From the eye of a cyclone in Brisbane, Paul shares profound insights on finding purpose and creating a lasting impact. They delve into the importance of driving businesses beyond mere tools to creating significant outcomes, leveraging AI in transformation, and reframing business strategies to enrich the lives of both clients and team members. Paul also introduces B1G1, his initiative for making a social impact with every business transaction. Tune in for a compelling discussion that aims to inspire accountants and business owners to stand for something bigger than themselves.📣 Shout Outs: Ron Baker, Rick Payne, James Clear, Daniel Preistly, Joseph Pine II, Substack, Steve Jobs, Mr. Rogers📚 Books Referenced 📚“Times UP” by Paul Dunn and Ron Baker“Firm of the Future” by Paul Dunn and Ron Baker“Atomic Habits” by James Clear“The Experience Economy” by Joseph Pine II and James H. Gilmore“The Transformation Economy” by Joseph Pine IIChapters:00:00 Teaser01:29 Introduction03:38 Purpose and Legacy13:23 The Accountants Bootcamp14:17 Creating History, Not Reporting It23:35 The Power of Small Changes25:12 The Importance of Punctuality26:07 Reframing Proposals as Plans28:36 Chat GPT33:17 Transforming Lives Through Accounting48:50 The Role of Storytelling in Business52:33 Creating a Positive Work Environment🔗 Connect With Us On Linkedin! 🔗Paul Dunn📎 https://www.linkedin.com/in/paulb1g1/Scotty OKR Scarano📎 https://www.linkedin.com/in/scottscarano/Accounting High📎 https://www.linkedin.com/company/accounting-high/📎 https://www.accountinghigh.com/Tags: The Guide, Accounting High, Accounting, Podcast, Guidance, Vision, Firm Owners, Advice, Purpose, Legacy, Accounting Profession

Episode 250FACULTY: Ryan Bakke, CPACLASS: #ShoperationsIn this episode, Ryan Bakke, CPA discusses his incredible journey of building a $3 million accounting firm by the age of 26. Ryan shares insights on the importance of a good hook in marketing, strategies for running a successful firm, and leveraging social proof through platforms like Facebook. He also delves into his motivations for leaving Deloitte, the value of mentorship, and his future goals for rapid growth and acquisition within the accounting profession. Ryan's story is a testament to how far standing on the shoulders of giants can get you.📣 Shout Outs:  Dominic Piscopo, Big 4 Transparency, Brandon Hall, Deloitte, Tax Strategy 365, Bilal Mehanna, Becker, Bill Faith, Billy Mays, Driven, Logan Graf, Jason Staats📚 Books Referenced 📚“How to Win Friends and Influence People” by Dale Carnegie“48 Laws of Power” by Robert GreeneChapters:00:00 Teaser00:17 Introduction01:17 Early Influences and Career Choices03:30 Journey Through Deloitte08:55 Building a Community and Brand15:20 The Importance of Email Marketing22:29 Attention as the New Oil26:24 Building a Community Funnel26:41 The Power of a Hook27:28 Real-Life Hook Examples29:01 The Importance of Community32:37 Understanding Customer Motivation38:08 Avoiding Feature Vomiting48:14 Acquisitions and Future Goals50:21 Parting Wisdom for Success🔗 Connect With Us On LinkedIn! 🔗Ryan Bakke, CPA📎 https://www.linkedin.com/in/ryanbakkecpa/Tax Strategy 365📎 https://www.linkedin.com/company/tax-strategy-365/Scotty OKR Scarano📎 https://www.linkedin.com/in/scottscarano/Accounting High📎 https://www.linkedin.com/company/accounting-high/📎 https://www.accountinghigh.com/Tags: Shoperations, Accounting High, Accounting, Podcast, Shop Class, Firm Operations, Systems And Processes, Taxes, Sales, Marketing

Episode 249FACULTY: Shane Mason, CPA/CFPCLASS: #ShoperationsJoin us in this Shoperations episode as we learn from Shane Mason of Brooklyn FI and his venture into software. Shane shares insights into the company's growth, handling rapid expansion, and the importance of predicting the future over dwelling on the past. Discover how Brooklyn FI is navigating industry shifts, introducing new partners, and staying ahead with innovative solutions like Gemifi. Perfect for students and professionals eager to learn about financial planning, startup struggles, and the evolving landscape of tech-driven advisory services.📣 Shout Outs: Brooklyn FI, Inc5000, Palantir, Siri, CDF, Spotify, John Owens, Caitlin Fastiggi, Dan Beyer, Ally Jane Ayers, Live Oak Bank, Acuity, Intuit, PWC, Apple, The Liquidity Event, Gemifi, Tallyfor, Ignition, Ryan Embre, Guy Pearson, Craft Impact, Core Weave, Webber Grills, Peter Theil, Alex Karp, Backbone Planners, Deep Work⬇️ Videos Referenced ⬇️051 Numbers and Love Letters (feat. Shane Mason, CPA/PFS, CFP, CPWA)(https://youtu.be/Pkn_JPfwl0k)083 Tallyfor Product Review (feat. Shane Mason, Megan Justice, and Nikole Mackenzie )(https://youtu.be/xd2Zn9u1mRI)Chapters:00:00 Teaser00:28 Welcome Back Shane and BrooklynFI09:59 Team Structure and Remote Work13:04 Client Services and Financial Planning22:28 The Liquidity Event Podcast25:36 New Ventures: Gemify Software34:50 BrooklynFI's Continued Success35:30 Marketing Strategies and Partnerships40:26 Investment Strategies and Market Insights46:41 Final Thoughts and Advice🔗 Connect With Us On LinkedIn! 🔗Shane Mason, CPA/CFP📎 https://www.linkedin.com/in/shanemasoncpacfp/Brooklyn FI📎 https://www.linkedin.com/company/brooklyn-fi/posts/?feedView=all📎 https://www.brooklynfi.com/Gemifi📎 https://www.gemifi.co/The Liquidity Event Podcast📎 https://www.brooklynfi.com/podcastAJ’s Substack: Money Changes Everything📎 https://substack.com/@moneychangeseverythingScotty OKR Scarano📎 https://www.linkedin.com/in/scottscarano/Accounting High📎 https://www.linkedin.com/company/accounting-high/📎 https://www.accountinghigh.com/Tags: Shoperations, Accounting High, Accounting, Podcast, Shop Class, Firm Operations, Systems And Processes, Client Advisory Services, CAS, Financial Planning, Tax Planning, Tech Forward, Firm Owner

Episode 248FACULTY: Jason Ackerman, CPA aka J-Rabbit aka the Accounting High Lunch LadyCLASS: #ShoperationsIn this episode, Jason Ackerman, CPA, co-founder of WealthRabbit, discusses the importance of accountants providing advisory services and setting up retirement plans for clients. Ackerman explains the challenges and opportunities in offering simple IRAs, SEPs, and other retirement plans, and emphasizes the need for accountants to evolve from mere compliance work to value-driven services. The conversation delves into the development of WealthRabbit, the integration with payroll systems, and the importance of customer service in both accounting and software businesses.📣 Shout Outs: Bernie Ackerman, BNA CPAs & Advisors, Gusto, Ron Baker, Fidelity, Guideline, Human Interest, ADP, Finch, Intuit, Paychex, OnPay⬇️Videos Referenced⬇️$6M Tax Firm, Building a CAS Practice, Implementing EOS, with NO Timesheets! | Jason Ackerman, CPA(https://youtu.be/PkI8FW7lozU)Chapters:00:00 Introduction00:35 Jason Ackerman's Career Update02:01 Firm Updates and New Hires04:05 Combining Wealth and Tax Services06:17 Retirement Planning Advisory18:37 Understanding Simple IRA Compliance19:14 Revenue Sharing for Accountants20:50 Setting Up Retirement Plans with WealthRabbit21:37 Employee Engagement and Education24:17 Managing Investments and Portfolios27:52 WealthRabbit's Dashboard and Integrations34:40 Customer Support and Service37:27 Jason Graduates from Accounting High🔗 Connect With Us On LinkedIn! 🔗Jason Ackerman, CPA📎 https://www.linkedin.com/in/jasonlackerman/Scotty OKR Scarano📎 https://www.linkedin.com/in/scottscarano/Accounting High📎 https://www.linkedin.com/company/accounting-high/📎 https://www.accountinghigh.com/Tags: Shoperations, Accounting High, Accounting, Podcast, Shop Class, Firm Operations, Systems And Processes, investing, wealth management, IRA, SEP, retirement planning