Welcome to the "Escaping the Accountant's Trap" podcast, a dedicated space for accountants, CPAs, and bookkeepers seeking liberation from the common struggles of undervaluation and excessive work hours. In this episode, we're joined by Ryan Kimler, a prominent member and lead trainer at the CFO Project. As a seasoned expert guiding others in launching and expanding their CFO or advisory services, Ryan provides a unique perspective on escaping the accountant's trap.
In the realm of advisory services, Ryan stands out as he shares his journey and passion. Early in his career, while engaged in bookkeeping and producing financials, he discovered a profound demand from clients. They weren't just content with clean and clear financials; they sought actionable insights to enhance their business based on those numbers. This ignited Ryan's curiosity, leading him to seek mentors and knowledge, ultimately steering him towards the advisory path. His dedication to providing high-value services to business owners became a lifelong commitment.
Now, shifting to the specifics of one of Ryan's cases, we delve into a fascinating strategy to boost a client's business. In the context of a sewer and drain cleaning company facing challenges with technician sales, Ryan proposes a unique solution—hiring a straight commission salesperson. This unexpected idea unfolds as a win-win scenario: a $300,000 opportunity for the company and a job creation avenue. The episode concludes with Ryan's valuable advice for accountants and bookkeepers—setting boundaries for unscheduled phone calls, enhancing organization, and transitioning towards advisory work.
Join us in exploring the multifaceted world of accounting and advisory, where innovative strategies pave the way for business growth and professional fulfillment.