238 Getting Stuck at $1.2M and How I Got Out of the Way to Grow from Accountant to Entrepreneur Part 1 (feat. Scott Scarano, EA)
DEC 11, 202436 MIN
238 Getting Stuck at $1.2M and How I Got Out of the Way to Grow from Accountant to Entrepreneur Part 1 (feat. Scott Scarano, EA)
DEC 11, 202436 MIN
Description
<p>Episode 238</p>
<p>FACULTY: Scott Scarano, EA and Matt Kid, CPA</p>
<p>CLASS: #Shoperations</p>
<p>In this episode, one of Accounting High’s substitute teachers, Matt Kidd, CPA interviews Scott Scarano, EA, about his journey through accounting. Scott shared how his grandfather's CPA firm and the family software business shaped his early career, as well as the tough times he faced during college before finding his way back to accounting. He talked about his experiences with remote work, using Xero, and implementing EOS, all of which helped him transform his firm and himself. Over time, Scott grew the business significantly and reinvented his role, evolving from an accountant to a full-fledged entrepreneur.</p>
<p>📣 Shout Outs: Kenji Kuramoto, Jason Staats, Matthew May, Christopher Leon, Jason Ackerman, Bernie Ackerman, Acuity, Xero, XeroCon, XPAC, Thompson Reuters, QuickBooks, BNA CPA’s North Carolina</p>
<p>⬇️Videos Referenced ⬇️</p>
<p>Tax Firm Adding Value with Financial Planning and CAS feat Matt Kidd, CPA</p>
<p>(<a href="https://youtu.be/X-_9E-4YBXQ" rel="ugc noopener noreferrer" target="_blank">https://youtu.be/X-_9E-4YBXQ</a>)</p>
<p>📚 Books Referenced 📚</p>
<p>Rocket Fuel by Gino Wickman and Mark c. Winters</p>
<p>(<a href="https://www.eosworldwide.com/rocket-fuel-book" rel="ugc noopener noreferrer" target="_blank">https://www.eosworldwide.com/rocket-fuel-book</a>)</p>
<p>What the Heck is EOS by Gino Wickman and Tom Bouwer</p>
<p>(<a href="https://www.eosworldwide.com/what-the-heck-is-eos" rel="ugc noopener noreferrer" target="_blank">https://www.eosworldwide.com/what-the-heck-is-eos</a>)</p>
<p>Traction by Gino Wickman</p>
<p>(<a href="https://www.eosworldwide.com/traction-book" rel="ugc noopener noreferrer" target="_blank">https://www.eosworldwide.com/traction-book</a>)</p>
<p>Chapters:</p>
<p>00:00 Teaser </p>
<p>01:16 Introducing ... Scott Scarano, EA??? </p>
<p>02:33 How Scott Got into Accounting </p>
<p>05:15 College Years and Career Beginnings </p>
<p>06:04 Struggles and Turning Points </p>
<p>09:28 Building the Firm </p>
<p>12:02 Growth and Expansion </p>
<p>16:29 Challenges and Adaptations </p>
<p>17:42 Remote Work Experimentation </p>
<p>18:18 Accountant or Entrepreneur? </p>
<p>19:13 Discovering Xero </p>
<p>20:49 Networking and Growth </p>
<p>24:15 Embracing EOS </p>
<p>26:13 Visionary vs. Integrator </p>
<p>28:47 Challenges and Realizations </p>
<p>32:28 COVID and Transformation </p>
<p>35:38 Part 2 Preview</p>
<p>🔗 Connect With Us On LinkedIn! 🔗</p>
<p>Matt Kidd, CPA</p>
<p>📎<a href="https://www.linkedin.com/in/matthewkiddcpa/" rel="ugc noopener noreferrer" target="_blank"> https://www.linkedin.com/in/matthewkiddcpa/</a></p>
<p>Scotty OKR Scarano</p>
<p>📎<a href="https://www.linkedin.com/in/scottscarano/" rel="ugc noopener noreferrer" target="_blank"> https://www.linkedin.com/in/scottscarano/</a></p>
<p>Accounting High</p>
<p>📎<a href="https://www.linkedin.com/company/accounting-high/" rel="ugc noopener noreferrer" target="_blank"> https://www.linkedin.com/company/accounting-high/</a></p>
<p>📎<a href="https://www.accountinghigh.com/" rel="ugc noopener noreferrer" target="_blank"> https://www.accountinghigh.com/</a></p>
<p>Tags: Shoperations, Accounting High, Accounting, Podcast, Shop Class, Firm Operations, Systems And Processes, Entrepreneur Journey, Firm Growth, EOS, Leadership, Financial Freedom, Scale Business, Scale Firm</p>
