Life First Accounting Firm

Subscribe to The 15 Hour Accountant NewsletterGet free CPE for this episode on Earmark========Alex Ostrov | Nomad CPA | LinkedIn | X (Twitter)Resources Mentioned:Aligned AccountantsHoldCo ConferenceAlex Ostrov shares his journey from working in a traditional accounting firm to starting his own firm, Nomad CPA, while living a nomadic lifestyle. He discusses the challenges and rewards of remote work, building a global team, and the importance of work-life balance.Chapters00:00 Transition from Traditional Accounting to Nomad CPA09:42 Client Base and Global Presence18:36 Managing a Global Team and Time Zone Challenges25:12 Professional Satisfaction and Growth31:29 Advice for Aspiring Fractional CFOs and ControllersContent ID Code: CKKC2DILY76LPKKU

Subscribe to The 15 Hour Accountant NewsletterGet free CPE for this episode on Earmark========Steve Nay | Daybreak Tax | LinkedIn Resources Mentioned:Business Strategies for CPAs podcast by Geraldine CarterEA JournalNational Association of Enrolled AgentsTax in Action podcast by Jeremy WellsAll the Money in the World by Laura VanderkamThe conversation with Steve Nay covers his journey from a non-accounting background to starting a tax practice while working full-time. It explores the challenges and decisions involved in this transition, from becoming an enrolled agent to choosing tax software and managing the workload. The conversation covers the experience of balancing a side business with a full-time job, the growth and revenue of the business, client relationships, marketing, and the challenges of being a sole practitioner. It also provides advice for aspiring accountants coming from a different industry.Chapters00:00 Meet Steve11:26 Choosing Tax Software and First Clients17:01 Experience and Expertise23:30 Client Relationships and Marketing28:47 Challenges of a Sole PractitionerContent ID Code: CKKC2DILY76LPKKU

Subscribe to The 15 Hour Accountant NewsletterGet free CPE for this episode on Earmark========Resources Mentioned:Geraldine CarterMichelle WeinsteinLogan George | High Peak Accounting | LinkedInThe conversation covers Logan George's journey from being an employee to becoming a business owner, including the challenges and growth experienced in the first year of business. It explores his transition to entrepreneurship, merging and partnering with a firm, and the process of purchasing a tax practice. Additionally, it delves into the experiences and lessons learned during the first year of business and the subsequent growth. The conversation delves into the challenges of making tough business decisions, emphasizing the importance of flexibility and balance as key motivations. It also explores the natural human desire for growth and progress, even in a state of contentment.Chapters00:00 Introduction and Background05:07 Growth and Merger11:01 Financial Considerations17:09 Business Growth and Transition22:28 Revenue and Workload Management29:27 Motivation and Enjoyment of WorkContent ID Code: CKKC2DILY76LPKKU

The Life First Accounting Firm podcast is kicking off Season 1: Starting Stories soon!Subscribe and Follow so you don't miss the first episode.DR3WQIFVMNBQRZVX