Are You Running Your Practice by Default?

Sad businessman sitting at desk outdoors and looking straight aheadHere’s how to start turning it around.

By Matt Solomon

If you’re like most accountants I’ve worked with, it’s probably not in your nature to rock the boat. You much prefer the tortoise’s “slow and steady” motto to the energetic but erratic pace of the hare. You’re methodical and thorough, and those qualities make you an excellent accountant.

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But any strength can become a weakness – and for accountants, those same qualities that help them execute compliance work can also be dangerous. I’ve seen too many accountants whose firm is far from what they envisioned when they first set out to create their own company and the main culprit is simple, you’re running a business with a “worker bee” mentality.