Why Accountants Need Help & Mentoring to Survive & Thrive - Accounting Voices Podcast

Episode 83

Why Accountants Need Help & Mentoring to Survive & Thrive

Published on: 2nd January, 2020

Kevin Whitehouse is a mentor, author and accountant mentor. He has run his Dorset-based accountancy firm Prime Entry since 1991. Shownotes:

  • Accountants are no different to regular business owners - it comes down to personalities
  • If you want to grow either professionally or as a business, you must be a willing volunteer who is open to learning
  • Some accountants have always resisted change, but they will end up being left behind if they don't have a willing mindset
  • Using the 80-20 principle, would you take a 20% pay cut for 80% of your time back?
  • It's the cumulative effect of small, smart changes to do your business that makes life easier
  • The biggest frustration for accountants these days is the sheer amount of data coming at them
  • The technology is a double edged sword for accountants - you can't run an effective practice without it, yet it takes up so much time
  • Shout out to IRIS - the trust accountants put into their accuracy and processes makes running an accounting practice so much easier
  • Smart examples of simple tech that accountants can use to make them more efficient and profitable
  • Profitability for accountants and their clients comes in two measures - money and time
  • Systems are the key for making your life and business more profitable and less hectic
  • The power of a set of rules to run your business by so you manage stress, time and expectations of clients
  • The best way for accountants to start changing their pricing - start with one client
  • The power for accounting firms of losing clients deliberately, in a controlled way
  • Stories about the 'exit experience' for a selling accountant and also the 'purchase experience' for a buying accountant
  • The difference between a process and a system for accounting firms and their clients
  • Thoughts on the coaches, mentors and experts helping accountants to be more successful
  • Words of encouragement and advice to help accountants rediscover the joy in their work - the Madonna Effect
  • What really excites most accountants is working with great clients, so they should get the help and expertise required to do that.

Kevin Whitehouse on the BD Academy Accounting Influencers podcast with Rob BrownKevin lives in Dorset with wife Vicki. he has 4 grown-up children and a dog called Eddie.

linkedin.com/in/kevin-whitehouse-accounting-intelligence

 

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About the Podcast

Accounting Voices Podcast
Accounting Voices helps people in the accounting world stay relevant visible and vocal. Host Rob Brown interprets trends reshaping the profession and gives listeners insight to build authority influence and a stronger voice in firms and markets.
Accounting Voices, hosted by Rob Brown, helps decision makers and leaders in accounting and finance stay relevant, visible and vocal in a profession being reshaped by technology, private equity, regulation and shifting client expectations. Each episode interprets the trends disrupting accounting and finance such as AI, automation, M&A, talent and the move to advisory and translates them into practical insight that strengthens authority and influence.
Accounting Voices is also a platform for the wider ecosystem of networks, associations, educators, consultants, software vendors and technology experts who serve accountants and finance professionals worldwide. It extends into regular Accounting Voices networking sessions that connect this audience and amplify ideas that move the profession forward. With its international reach and long shelf life the show delivers credibility and commercial value for listeners and sponsors alike. Search for "Accounting Voices" on YouTube for all episodes and connect with Rob Brown on LinkedIn to find out more: https://www.linkedin.com/in/therobbrown

About your host

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Rob Brown

ob Brown is the creator and host of the Accounting Voices Network, a media platform that includes the flagship solo podcast Accounting Voices and the panel shows Accounting M&A and Accounting Tech. He chairs conferences, panels and virtual events worldwide and is recognised as a leading advocate for the accounting profession.

He is an accomplished speaker and authority on trust, reputation, employer brand, talent, succession, executive presence and the forces shaping the future of accounting. Rob is the author of the bestselling book Build Your Reputation (Wiley) and his TEDx talk The Personal Brand of You has been viewed more than 400,000 times.

A former co-founder of the Accounting Influencers Roundtable, Rob now focuses on amplifying the voices of leaders, firms, networks, vendors and influencers across the global accounting ecosystem.

Outside of work he is a stroke survivor, lives with epilepsy, holds a black belt in kickboxing and is based in Nottingham, UK. He plays chess and backgammon, loves orange chocolate and is allergic to grapefruit.