Nov 3, 2023
In this episode, Keith is joined by the financial expert, Dan Platta. Together, they unravel the secrets of success in the business world, sharing practical insights on bookkeeping, growth strategies, and the art of aligning your passion with your business. Whether you're a seasoned entrepreneur or just embarking on your journey, tune in for invaluable advice that can help you navigate the entrepreneurial landscape and achieve unbounded success.
"When you scale a business, your role as a business owner changes drastically. Your day-to-day is totally different, but it also is the most rewarding thing you can do because then it's a business, it's not a job. And that transition is probably one of the hardest parts of owning a business. Your role changes so much, and if you can't adapt to that change, you can really get yourself in trouble."
- Dan Platta
Topics
Covered:
- Scaling a business and creating engaging podcast content
- The accidental creation of a bookkeeping business within their companies
- Dan Plata's transition from a previous company to starting Best Damn Bookkeeping
- The challenges and opportunities of starting a business from scratch
- Hiring, leadership, and building a positive company culture
- The importance of effective communication with customers and setting clear expectations
- Balancing quality and speed in business operations
- Challenges of managing finances and the need for systems and processes
- Dan
Plata's five finance fundamentals:
- Separate business and personal finances
- Using debt wisely in your business
- Not syncing CRM with QuickBooks
- Considering being taxed as an S Corporation (S Corp)
- Understanding the roles of an owner and an operator in a business
- Transitioning from owner-operator to a business owner in specialized industries
- Focusing on passion in business
- Changing roles and responsibilities as a business grows
- The importance of language and effective communication
- Pricing for bookkeeping services and financial organization's impact on personal and business life
Key
Takeaways
"And what it's done for me is it's just raised
my awareness to know the language that you're using is creating the
reality that you're living in. And if you can change that language
and really understand the difference between an expense and an
investment and everything is a business expense, that changes
everything." - Keith
Connect with Dan
LinkedIn: https://www.linkedin.com/in/dan-platta-30736b31
Twitter: https://twitter.com/dan_platta?lang=en
Youtube Playlist with Dan:
https://www.youtube.com/playlist?list=PLddtfVaWoqxXqCKmwIpH1N67-fqzKG__Z
Connect with Keith
Instagram: https://www.instagram.com/keithkalfas/
Facebook: https://www.facebook.com/thelandscapingemployeetrap
Website: https://www.keithkalfas.com/resources
Youtube: https://www.youtube.com/@keith-kalfas
Resources and Websites:
🙋♂️Get My Free Landscaping Business Startup Video Series
Here👇
Here
https://www.keithkalfas.com/Landscaping-Series
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How to Guide:
https://www.keithkalfas.com/16
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