Monday, September 10th, 2012

If Your CPA Firm Is Not Growing, It’s Shrinking.

“If you don’t continue to grow you’ll die” – Allan Koltin

I’ve been trying to get it across to CPA practitioners for years and years. So has Koltin and many other management consultants to the profession.

Koltin adds to his statement and says, “Worse than that, you will die a slow death.”┬áSound dreadful? Sound familiar? Why aren’t you taking action now?

To me, one of the biggest issues inside accounting firms is that success breeds complacency. The current group of senior partners experienced amazing success for many years. It seems they reached their goals and were well rewarded. They appear to be coasting off into the sunset.

Now, a new generation of firm leaders is beginning to take over. They were trained and mentored by those who have become complacent. If you are one of these new managing partners or newer executive committee members, don’t do as they did.

I love action. I base my past success on the fact that I am never, never content. I always want to do things better, faster, more efficiently, try new things, not be afraid of failure (learn from it and move on), learn new things, stay current in a rapidly changing business world…. how about you?

I just want you to take a few minutes today to view this video clip from Allan Koltin.

  • "Business isn't forever. Clients aren't forever."
  • Allan Koltin

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