Accounting Startup From the Ground Up we built a million dollar tax accounting & bookkeeping firm
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- čas přidán 12. 05. 2021
- Let's talk about the behind the scenes of my tax and accounting firm I started.
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What books he mentioned in video he read
Here are some of the books I mention for tax planning & wealth planning. These are my affiliate links in Amazon (helps a lot)
Rob's Accounting Firm Course: www.feedbackwrench.com/accountants
Sandy Botkins Annual Books: How to Lower Your Taxes: amzn.to/49cPoVJ
Mark Kohler Tax & Legal Playbook: amzn.to/4aPkHHw
The Gospel of Roth: amzn.to/3vI29c4
Tax Free Wealth Wheelright: amzn.to/3Si4SSm
Tax Loopholes of Real Estate: amzn.to/47ziFZq
NOLO Tax Savvy Small Business: amzn.to/48RvEqn
NOLO Landlord Deduction Guide:amzn.to/4aY7yvR
Little Book of Investing: amzn.to/3HibFVQ
Bogleheads Guide to Investing: amzn.to/3O5nfaV
@@FeedbackWrench thank you so much I will definitely buy
Same, accounting student. Wanna work in public accounting and become a CPA. Then either buy an accounting business or start my own from scratch. Love these vids.
How’s it going with that?
Me too!
Me too
Anyone Neee Accounts Services, Payment Handle, Transaction services all over world, Currency Exchange ?
How is it going?....
I've never seen someone sound so passionate about Accounting. Very cool.
Great video! Some key points were highlighted that I hadn't heard anyone else discuss. Thank you!
Great content Rob! You’re easy to follow and understand. Lots of humility as well
Appreciate the encouragement, always fun to hear.
I extremely like the video, man. Very helpful and informative. Thank you very much. It is presented so well too. Great, positive work.
Anyone Neee Accounts Services, Payment Handle, Transaction services all over world, Currency Exchange ?
4:22 awesome idea this was my idea for business. I want to create a membership style relationship and do their taxes for them all year
Valuable content✨
Thanks for sharing
Thanks for sharing your journey!
Anyone Neee Accounts Services, Payment Handle, Transaction services all over world, Currency Exchange ?
Rob is a standup guy! Can we get a group of people for him to help lead a mastermind group? I'm telling you Rob, it'd be awesome! Also, if you're on the fence to work with him, give him a call. He's as approachable as his videos make him seen! Pumped to be working with him!
To start an accounting startup business in USA,what to do? please explain every steps. Thank You,
Thanks for sharing Rob! What were the growing pains of the accounting firm with the rapid growth? World love to avoid future problems if possible.
Anyone Neee Accounts Services, Payment Handle, Transaction services all over world, Currency Exchange ?
Really good video! I’m currently a college student getting my accounting degree! My dream is to start my own cpa business! Hopefully I can be successful like you!
Anyone Neee Accounts Services, Payment Handle, Transaction services all over world, Currency Exchange ?
Can I start an accounting business without CPA degree or enrolled agent
I wanted to startup an accounting firm. The activities I wanted to add to the firm is: audit/bookkeeping/tax. But the department that issues the license said you can’t combine audit with bookkeeping, you have to choose one! Is it the same in US? Is there anyway I can convince them! Because I feel I’m being crippled before starting the business!
I mean it makes sense because it would be conflict of interest if you do the bookkeeping for business “A” and audit the books for bus “A” per the Sarbanes Ox Act
I’m a CPA in the U.S. and it’s generally the same. In order to provide audit/assurance services, you have to be independent of the accounting/bookkeeping process. You can’t effectively audit the work performed by you or a team of people you manage.
Do you have any affiliate links to the books you mentioned?
Do u require freelance accounting assistance.I am an MBA fin.plz respond.
Tax prep us not that simple unless your tax situation is very simple.
Which department issues the license of accounting and tax business startup firm
Each state is different. You want to look up which state requires licensing and professional qualifications to legally and professionally prepare and file taxes.
The requirements for bookkeeping quite simple.
Legally doing any business in the United States, is a different issue.
Filing a business in a state is another
Do you think with AI coming out this will still be a viable business?
So long as the IRS still comes at PEOPLE, Businesses and their owners, a market will exist to ensure compliance. The truth is that the AICPA, and other accounting/lawyer lobbying groups have worked for decades to ensure that they are protected. So yes - it will stay important. BUT - just like farming, it will become far more abundant, much less menial, and significantly less labor intensive. Farming by hand - Farming with steam - Farming with diesel - farming with Hydraulics - Farming with Chips - farming with gps - farming with AI and GPS..... the progress in all activity is similar.
Are you CPA or Enrolled agent?
No. My old business partner was
Anyone want to work with me to build
A growing existing accounting firm?
Anyone Neee Accounts Services, Payment Handle, Transaction services all over world, Currency Exchange ?
Hey, I’m pretty late to seeing this comment. How’s your business going? Do you want to share anything with aspiring accounting business owners?
yeah bro thanks for reaching out, i am still at it and happy to help however i can @@vladlaz1344
Hey how to connect with you?
is this Brad VC in MA? If so can i email the info account? lets talk@@IngressVentures
Lol I don't see how you could have worked with clients at all and in any way think they'll be able to feed a tax AI system their info in a way that produces the correct result 😂
Well H&R black is sure conveying the idea it will happen eventually.
You’re right though.
@@FeedbackWrench H&R Block is scale, not expertise. If they can do your return, you can do your return. Replacing their current employees with AI is not the blow to CPAs that it sounds like. It's basically just taking away some substitute teacher's second job. That's who they hire around here at least.
You might as well call yourself a financial planner
About to come down to Minneapolis myself and have dinner with you..are you open soon?
I caution anyone against this guy. As he explained himself, he’s a marketing guy and he doesn’t like the weeds. You spent 19 mins in this video basically saying nothing about how you started. All you did was use buzzwords like “value added”, “opportunities”, “save money”, “investments”, “book 1, 2, 3”, “random name of a famous person”. This is how snakes are made. This guy sells hope and then markets to ignorant folks so that they spend money with him.
Nice, I'm getting some hate!
I currently sell websites with copywriting, paid ads setups, and content based SEO.
I sell a course for $500 that I would return the money if you didn't think it was worth it.
My course is 24 pieces of SALES TRAINING (the thing most accountants suck at( It is sales training & shows people how to do the entrepreneur side of the accounting firm.
Go look at our portfolio, I share it all, I'm not selling snake oil, I'm sellign websites and ads.
I make this content because I started and grew Nuance Financial out of Lakeville MN.
Also, those books are gold. Value is EVERYTHING, not a buzz word.
Connecting with people, identifying what's valuable to them, and connecting your business value proposition to their core problem is the basics of sales and all those things you said were buzz words need to sink into your being a bit more and you should probably work on applying them.
Those books - Sandy Botkin, Wheelwrigt, Mark Kohler etc are the foremost experts on simple tax planning - I'm literally equipping you to go and become an expert......
FLow - I hope nothing but the best for you, but I assure you, I'm not selling snake oil. I am not telling anyone something that's pie in the sky either, I can list out 30 accountant clients right now that have implemented the outsourced accounting VALUE approach and built amazing businesses.
I sell websites with copywriting, google ads with remarketing ads, and content based SEO service.
GO look at our work and see my customers stuff first hand.
Right? This snake oil guy is just a scam. What are his qualifications? Is he a cpa, ea, accounting major? Just a marketing ploy to exploit poor souls
Cool ,you sell shit 😎
Can't know how I bumped onto this. All in all GREAT clip ❤️. I also watched those rather similar from mStarTutorials and kinda wonder how you guys make these vids. MSTAR TUTORIALS also had cool information about similiar things on his channel.
So you "built" a business you never owned and you will give tips on how to build a a million dollar tax company... Jesus these guru scammers are getting out of hand. This is pure tressure.
Call Nick and ask him if I built it.
@@FeedbackWrench Ill do that. I hope you did more than run Facebook ads, or make a logo and a website.
@@FeedbackWrench omg I just realized you actually run a go high level thing. I am laughing out loud. I was starting to doubt if you were a fake guru. Now im 100% sure you are....
lol - yeah. Literally ran 400+ meetings, started the company, did everything but the tax returns and accounting.
I mean - I left / we parted like 2.5 years into it and I only claim the results that I personally got.
The sales I landed myself, I did all the prospecting and did it.
Love the cynicism - the guru land is definitely full of people who have done nothing.
I actually introduced them and got every client for two years (150 business owners)
@@aleksandars9254I literally just got go high level and white label it to people that want it for 74/month.
You’re cracking me up.