If you considering starting your own business watch this first. The 3 biggest surprises I faced when starting my own CPA Firm.

Chapters (Time Stamps):
0:00 - 8:08 Why is everything taking longer?
8:10 - 9:53 Proposals or no proposals?
9:54 - 18:03 Networking

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1. When you are first starting out in in business expect everything you do to take longer and let me accompany that with you absolutely must have a passion for what you do. When you are making that shift from employee to business owner, not only are you making significant shift financially, but your lifestyle is going to drastically change as well. I say you really do have to be passionate about what you are doing, because when you first start off in business unless you have partners or employees you are the main source of leverage for your business. Without you the business doesn’t run. You may find yourself working much longer than an eight-hour day, because you are the CEO which means chief everything officer when you are first starting out.

I quickly found myself not having a lot of time for the things I generally enjoyed doing, but it was ok for me because I loved what I was doing. The work was very meaningful to me so giving up those other things didn’t matter.

Everything was taking longer, because I did not have processes in place for at least the first month and a half. I was trying to figure out how to do things. The first process that I ended up automating was scheduling appointments. I was spending several hours a day trying to coordinate booking appointments and all the back an forth e-mails were beating up my schedule until finally I learned of an app called calendly. With the App for $12 per month people were able to schedule themselves based on the openings I had on my calendar. Instantly this started saving me an hour or more every day, because I no longer had to book appointments. MY prospective clients would schedule themselves and I would just show up at that time.


2. Your reputation and your network connections is more important than you can possibly imagine. Going into business I knew I was going to have to do networking which I’ll be honest with you is not my favorite thing to do. I would much rather produce a YouTube video then go and have a bunch of one-on-one meetings with people that I don’t know. But overtime I began to enjoy it more and more, because I realized a networking meeting really isn’t a sales type of meeting. It is more so about making new friends and learning what they do and what you do can help them and visa vera. It is about building trust and relationships first, but is well worth it, because once they get to know you and like you, they are going to be referring clients your way I guarantee it.