Expert Spotlight: Andrew Argue, CPA

by Andrew Argue in Becoming An Accountant Comments (0)

When I think about my career in accounting, it’s probably been about a decade at this point…

It’s been a decade since I really started helping people succeed in their accounting careers, starting back when I was in University.

I joined an accounting honor society and that was where I really started to figure out that not only did I love the accounting industry, but I also loved helping other people be successful in their accounting careers…

We ended up growing it and we about tripled the size of it when I was involved. I ended up being the president of it.

We got eight or nine accounting firms to come on campus and hire the other people there. And so I helped get a lot of people jobs and I fell in love with the industry and I also fell in love with helping other people do it.

Almost a decade later, it’s been an amazing journey of constantly learning new things about the accounting industry and also helping people go through the accounting industry to become successful.

Once I came out into the entrepreneurial, small business accounting community, I started to realize that what’s actually valuable is how to think or know how to think about delivering services.

You actually know how to think about solving problems related to accounting…

Even though I went through a traditional accounting path, working for PriceWaterhouseCoopers, one of the big four accounting firms and I got a CPA and I went to university and all…

Really the best things I have learned have been out here in the entrepreneurial community.

Actually doing business…

Actually becoming a business person…

In addition to just becoming an accountant.

Most people that are doing accounting don’t understand that the numbers are just a reflection of what’s going on in the real world and the biggest thing you need to learn is how to change the things in the real world first.

Those things affect the numbers and they really just don’t teach you that in the traditional career path.

And so that’s really one of the biggest things I’ve learned is that…

There is a new way of thinking that people have. It’s a higher level of cognition.

I’ve been fortunate enough to learn that from some amazing mentors…

I’ve been fortunate enough to teach that to people that go through our communities…

I’ve been fortunate over the course of this last decade to learn more about the accounting industry and also try to help other people be successful in the accounting industry.

From the accounting honor society through working at PriceWaterhouseCoopers…

We had another company called the Bean Counter where we helped people get accounting jobs and then through where we’ve helped people start and grow their own accounting firms.

It really has just been an amazing journey of working with people at every single stage of their accounting career and figuring out what is it that’s going to make the difference?

What is it that’s going to make people successful? And just constantly innovating.


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Where Do You See The Future of Accounting Headed?

by Andrew Argue in Becoming An Accountant Comments (0)

When I think about the future of the accounting profession, I think of how the college barriers are really coming down and especially nowadays where you’ve got so much information and access available to you on the Internet…

You can find out how to succeed and how to do so many different things, just in the click of a button.

We really don’t need that many barriers put up for people to be able to succeed.

When we think about the future of the accounting profession, the biggest thing is the amount of time that it takes someone to be successful doing this career is going to shorten greatly.

Many of the daily accounting tasks are automated now. All these reconciliations are coming through in a completely automated manner and so the process of doing accounting is largely being improved by software technology, the Internet, and machines.

It becomes something that you can learn about a lot easier because you can go online and learn some of the best things ever that back in the day in the eighties and nineties, you know, whatever was in a university would have been crap compared to some of the stuff that’s on youtube or that’s in our programs.

The information is out there which allows you to learn a lot quicker…

The technology is out there so we don’t have to actually do as many things…

The future of the profession is going to be one where people can succeed quickly, they don’t have to wait tons and tons of years and it can be much more effective in a shorter period of time.

With the right training, with the right community, with the right background in a very short period of four to six months or a year, someone even with no traditional experience in accounting can learn the right things to compete with absolutely some of the best people in the industry.

I didn’t always believe that this was the case.

I used to think that you need to have a degree. You need to have a CPA. That’s why I went on the traditional career path.

But really after meeting with thousands of people that are running their own accounting firm, I’ve learned that’s simply not the case.

We’ve got people that have come through that don’t even have a high school degree, college degree and they’re doing almost a million a year on their accounting firm.

It’s really about…

Do you have what it takes?

Are you willing to learn what you need to learn right now to get the transformation that you want to be?

If you’re willing to learn, it doesn’t matter where you came from.

All that matters is if you’re willing to do the work and you’re willing to do what it takes to succeed.

You don’t have to go the traditional career path, and I really think the future of the industry is one where it’s democratized.

It’s much more flat.

Anybody can join and they can do it very, very quickly if they’re willing to do what it takes to succeed.


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What Is The Best Part Of The Next Level Firms Program?

by Andrew Argue in Becoming An Accountant Comments (0)

The best part of the Next Level Firms Program is the training material.

There is nothing else out on the market where you can start watching immediately and you could start seeing results fairly quickly.

As soon as you start implementing some of the training, you can start to see growth not only in yourself but in your business.

If you are thinking about joining the Next Level Firms Program, I would say that it’s more about…

Are you ready to invest in yourself and are you ready to do whatever it takes to get the results that you want?

This is a Program that is going to allow you to do that.

If you’re going to sit back and be indecisive or dibble dabble…

That’s one of the things that we confront you on.

Your time to start dibble dabbling was two years ago.

Now, you need to get to work.

The opportunity in Next Level Firms Program is so good that it tells you what you need to do and then we question you on why you’re not doing it.

That’s what I think is really cool about watching the community and see clients say…

“I know what I need to do. I’m just going to do it.”

We’re all there for support to help you achieve those goals that you’ve set out for yourself.

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Expert Spotlight: Amanda Argue, CPA

by Andrew Argue in Becoming An Accountant Comments (0)

I started originally as an accounts receivable clerk when I was 16 years old for my father’s company…

I got yelled at on my first call and I started crying and I thought…

Who goes into this field?

Who would ever want to do accounts receivable?

As I continued to work for my father’s company, I started to learn more about the accounting side of the business and I started to pull reports and really understand numbers and see from an operations perspective how those numbers can help make decisions moving forward.

I started to become really intrigued and really interested in what accounting could do for business…

I actually was a marine biology major when I was in college, but I was still working for my father’s company and ultimately marine biology and accounting were fighting each other and accounting won…

I dropped the marine biology major and I became an accounting major.

For me, accounting was super simple.

It was something that I understood because I already knew what a balance sheet was when I was 17 years old. I already knew what an income statement was. I already knew how things float. I already knew what segregation of duties was.

Having that experience just made the theory side just a no-brainer for me.

From here I took the CPA exam. That was a whole disaster in itself…

I got so scared of this exam that I winded up doing pretty poorly on it. I failed three times in a row.

Andrew at the time told me your intelligence isn’t really tied to this exam…

I let go of the idea that my intelligence wasn’t tied to the exam and I ended up passing all four of the CPA sections in a row.

I then went into public accounting where I worked as an auditor for quite awhile.

After that, Andrew and I decided to become entrepreneurs and we fell into starting and working with the community and helping other people grow.

We fell in and out of the accounting world, but I always had a tie to it,  it was something that I always understood…

The realization that I wanted to be an accountant was that I got that opportunity to really experience it as somebody who was in business.

I was nine years old and my dad would have dinner table conversations about the company. I loved business every aspect of it.

I knew that I wanted to be a part of it and accounting was my path to do that.


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Reorienting Your Time

by Andrew Argue in Becoming An Accountant Comments (0)

There is a zero percent utility in driving…

It’s pointless…

That’s why if we all could just teleport, we would, right?

I do think people should have an office and commute, but, if you’re not doing a million or more a year in sales, you’d rather take that extra 50 hours a month of commute.

There are probably other things in your schedule that you can reorient.

It’s time times intensity, but it’s also getting creative with the time.


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Expert Spotlight: James Rainwater

by Andrew Argue in Becoming An Accountant Comments (0)

I’ve been in accounting and tax for 24 years…

I started as an accounts payable clerk in the early nineties to put myself through college so I could finish my undergraduate degree in accounting.

Later I went on to get my master’s degree and my CPA and I’ve worked in just about every job in accounting throughout my career…

From accounts payable clerk to accountant, accounting manager, controller, CFO, Director of Finance, I’ve managed IT, human resources, I’ve worked in both private companies and public accounting where I did audit and I did tax.

I’ve worked for multifamily real estate and I work with a lot of real estate clients now…

I’ve also worked in manufacturing, distribution, and technology, so a lot of varied experience, which has been fun.

That’s part of the reason I like my firm now, I enjoy working with clients because I’m working with different businesses all the time, seeing different things, solving different problems.

I’m happy that I’ve had a career that’s been different across different industries doing different roles.

That’s been a lot of fun for me and I think I’ve been able to draw a lot from that experience and from the different jobs that I’ve worked.

I’ve had my own firm for about five years now.

I primarily offer accounting, tax preparation, tax planning, and outsourced CFO services.  This is my second Firm. I had another firm about 15 years ago that I built and sold. That was mostly tax work, a lot of heavy tax work.

With this firm and the help of the Next Level Programs, I’ve been able to do this right and really enjoy having this Firm and working with the clients that I work with.


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What Is It Like Working With Andrew?

by Andrew Argue in Becoming An Accountant Comments (0)

I would say the word to describe Andrew is relentless…

He’s relentlessly focused on getting clients their best results.

He’s relentlessly focused on transforming lives.

He’s relentlessly focused on calling you out when you think you believe something that’s false.

He really just provides that extra layer of care to get you to succeed and take down those barriers that you’ve created for yourself.

So he gives you that “I’m going to expect more from you.”

Nobody else is in your life confronting you and telling you the lies that you’re telling yourselves are not true.

Andrew has done an incredible job of bringing this to light in the community and that’s why we’ve seen such huge success in this community.

We’re not just doing it and not letting people slip by… we want an amazing community.

We want an amazing program…

If you get the opportunity to work with him, it’s incredible and it could change your life.


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Thinking of Starting a New Accounting Career?

by Andrew Argue in Becoming An Accountant Comments (0)

Thinking of Starting a New Accounting Career?

Accounting can be a great career.

It has been fantastic for me…I’ve spent the last 24 years in the accounting industry… it’s been great.

It’s been very stable with good times and bad times.

It’s a stable industry and even in bad times, people tend to need more help than less help…

There are many business owners that need help. They’re looking for our help. They’re looking for someone that’s proficient in accounting that can help them and someone that understands it well.

My advice would be to be really good at it.

Invest in a process of continually learning and getting better at accounting and you’ll do fantastic in it.


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How I Got Started in Accounting

by Andrew Argue in Becoming An Accountant Comments (0)

Accounting: I really had no intention of going into accounting…

Nobody in my family had ever done it.

I had no idea what it was…

But, when I first saw the accounting equation:

Assets = Liabilities + Equity;

It all just clicked for me.

This accounting equation is also the same in your personal life.

Accounting is the language of how finances and money factor into running a business and also factor into running your own personal financial life.

Instantly from that point forward, I was hooked.

What I loved about it is the universality of it.

All businesses have assets…

All businesses have liabilities…

All businesses have an equity position.

This is also true for individuals.

Accounting is a universal language that applies to everyone.


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You’re WAY Dumber Than You Think!

by Andrew Argue in Becoming An Accountant Comments (0)

What I typically try to do when I find something that’s working or I find someone who’s working and doing well…

I’ll give them a lot of credibility if they have real results.

What most people do is…

Especially when they get a little bit successful…

They start to think that they know too much, that they’re too smart, that they know exactly how something is supposed to be done or that they’re super smart.

Even though I have done pretty well from a business perspective, I still go into things trying to think…

“I only have about an 80 percent certainty here.”

And, whenever I find someone who’s doing it better than me…

If we have a disagreement, a tie always goes to them.

And that has served me incredibly well because, the reality of it is that if I think I’m right, if I think I’m super right, I could still be wrong. Right?

If I give it to them and I just do whatever they say, I could still be wrong, but at least I really go full fledge in and try their method, try their process and if it works out great and if it doesn’t, I can incorporate that into the future.

So often I see people saying…

“I’m going to do it for myself. I’m going to stay true to myself. I’m going to stay true to my beliefs. I’m going to think for myself.”

What you want is to be a successful person.

There are so many things that I’ve learned where if I would have tried to figure that out on my own, it might have taken me like literally 10 years…

But if somebody else had done the exact thing and they just gave me the playbook of exactly how to do it and I could look at it, and I could measure it, I could try it out, I could at least test it.

The biggest thing is just letting that ego down and being honest with yourself.

The reality of it is you’re wrong most of the time.

I’ve been wrong on basically every major thing in my life…

From family to religion…

To politics to just everything, including business.

I think most people don’t realize how stupid they are, myself included.

Everybody’s way dumber than they think…

Everybody has a huge capacity for being wrong.

From what I can tell so far in my life, the smartest people are the ones that respect how wrong they might be.

They do have certainty in something, some key things, but even then they only have a 80, 90 percent certainty they could still be wrong.

They know that most things, if they’re not an expert in it or if they haven’t spent a lot of time getting to it, they just don’t know.


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