Episode 83

Why Accountants Need Help & Mentoring to Survive & Thrive

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

 

Next Episode All Episodes Previous Episode

About the Podcast

Show artwork for Accounting Voices 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.

Listen for free

About your host

Profile picture for Rob Brown

Rob Brown

Rob Brown is the founder and host of the Accounting Voices Podcast, the flagship solo show of the Accounting Voices Network. Each episode offers sharp analysis and commentary on the trends, ideas and people shaping the global accounting profession.

Through this Accounting Voices Podcast, Rob helps accounting firm leaders, decision makers and professionals stay relevant and make sense of disruption in areas like AI, automation, M&A, private equity and soft skills beyond the tech. His perspective blends clarity, insight and curiosity, making complex issues relevant and practical for professionals and decision makers across accounting and finance.

He also leads two monthly panel shows, Accounting M&A and Accounting AI, which bring together senior voices to explore consolidation, strategy and the impact of technology on firms and people.

Rob is the author of the bestselling book Build Your Reputation (Wiley) and a TEDx speaker whose talk The Personal Brand of You has more than 400,000 views. Over his career he has hosted and moderated more than 1,000 conversations with accounting and fintech leaders worldwide.

Based in Nottingham UK, Rob is a stroke survivor living with epilepsy, a black belt in kickboxing, a decent chess player and an average player of four musical instruments.