If you’ve been in the accounting industry for some time you know first-hand how it is changing. We’ve seen a growth of cloud-firms emerge and owners transition into advisory roles. Growing and scaling your firm to meet your and your client’s needs can have challenges and rewards. On this episode, I chat with Jason Blumer, one of the Top 100 Most Influential People in Accounting (Accounting Today) about the current state of the accounting industry. Jason is the founder of Thirveal, CEO of Blumer & Associates, and co-host of 2 podcasts: Thrivecast and The Businessology Show. He shares how he grew his cloud-based accounting firm over the past 20 years and why he became an advisor in the industry. He also shares the mindset needed to bring on an operationally driven partner and how he nurtured their relationship to be a successful one.
This podcast touched on:
- Partnerships in accounting firms
- Challenges in scaling
- Opportunities in the accounting professions
Becoming a successful entrepreneur is a skill set that is developed over time. Jason Blumer has mastered this skill set and has taken the accounting industry by storm!
If this conversation inspires you to start improving your practice, check out Accounting Practice Academy. We have a workshop that focuses on improving your cashflow to above 50% and reducing your owner hours to under 2,000 annually. The next workshop starts on October 27th.
You can listen to the podcast on the player below or watch the latest episode here!
3:00 – Introduction from Jason
6:07 – Starting with your first cloud-based client
9:43 – When to bring on a partner
16:05 – Becoming an advisor
22:57 – The hardest part of scaling a firm
30:00 – Deeper Weekend: Acquire, Sell, Merge, Scale
41:25 – Largest opportunity in the profession
Jason & Team are hosting Deeper Weekend for its 12th year on October 24, 2023. To learn more about this event and register visit https://thriveal.com/deeper-weekend/. To connect with Jason & his team, follow him on Linkedin (https://www.linkedin.com/in/jasonblumer/) or Twitter (@jasonblumer).