Am I a Fool, or a Coward?

by Andrew Argue in Getting A Job Comments (0)

Am I a Fool, or a Coward? I heard this quote recently that really got me thinking…

“Only a fool doesn’t think about the downside, but it’s a coward that lets that stop him from doing what he knows he needs to do…”

I thought about it because I don’t know really whether it’s my accountant’s mind or if I was born with this inherent sort of pessimism but…

I always look at the downside

I always look at what could be lost

I always look at how could this go wrong

I always look at how could I lose

I always look at what would be the worst thing

I always think about what would be the downside

It wasn’t really until that quote where I became aware that it’s important to look at the downside

And that’s kept me safe.

There’s another quote that I heard once…

“Don’t lose money”

Because I always think of the downside I’m not ruthlessly optimistic.

I think things can fail, I know things can fail.

I know things can go wrong, I know things will go wrong.

What I realized in that quote is that sometimes I let that thinking from letting me take a big risk or take a big chance.

It keeps me from committing because I could lose by taking the next step.

I feel this sense of it could not work, I could end up in trouble, I could lose, I could make a mistake.

It’s a balance of…

Am I a fool for not looking at the downside and being ruthlessly optimistic? Or…

Am I a coward for just looking at what I could lose and not ever taking any risk?

One of the biggest things I’ve learned from doing pretty well in business is that there is a right time for everything.

When I think about this quote of “are you a fool or are you a coward,” I think sometimes being on the side of where you look at the downside is important.

These people are so worried about losing that they miss out on all the gains, but…

There is so much more to gain in life than there is to lose, but at the same time you want to keep that side of looking at the downside.

This quote reminded me to look at both sides and in some situations take one, and in some situations take the other.

It’s not like being optimistic is a good thing but it’s not like being pessimistic is a good thing.

Both are good and both are bad given the circumstances.

I hope you guys are doing well out there, keep crushing it!


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Do you need an office to start your own firm?

by Andrew Argue in Growing A Firm Comments (0)

Do you need an office to start your own firm?

It’s the question that you will ask yourself before you even have your first client…

“What are the things I need to have in place, before I am allowed to start my own Accounting, Tax or Financial Consulting Practice?”

Here is the “traditional” list:

  1. Create a website
  2. Purchase business cards
  3. Set up a business email account
  4. Get an office
  5. Purchase insurance for the office
  6. Hire my first employee
  7. Set up my accounting software
  8. Set up my workflow software
  9. Join the nearest networking group
  10. Sit back and wait for clients to come through the door

Sound about right?


When you take a peek into this profession, you will see most professionals already have an office and you may think you need to replicate that to be successful.

But the reality is that in today’s day and age, you do not need an office.

Heck, you don’t even need any of those 10 things listed above.

There are so many things you might think that you need to do, but what you are actually doing is avoiding the #1 thing that will guarantee your success in your practice…


Setting up prospect calls.

Every single day of the week.

And closing deals.

That’s it.

No office, no employees, not even a website will get you revenue in your practice.

The only thing that will bring in income is your focus on marketing and sales in your practice.

And oh by the way…

I don’t mean getting signage as marketing.

I’m talking about methods that produce calendar appointment every single day of the week.

That look similar to this:

And look.

If you don’t know how to run these meetings.

OR you need to learn how to deliver the services.

We may want to start there.

But when you’re ready.

To finally focus on the #1 thing you need to build a successful practice…

Get ready for a serious TSUNAMI of clients….

Don’t focus on the office.

Focus on generating revenue for your practice.

Then with all that profit, getting an office becomes a no brainer.

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Can I Work Remotely As An Accountant?

by Andrew Argue in Becoming An Accountant Comments (0)

Can I Work Remotely As An Accountant?

James Rainwater, CPA & Expert Coach of Next Level Firms, dives into the question before are accountants allowed to work remotely for their customers?

This has been an ongoing pain point for most individuals who are trying to become successful accountants, bookkeepers, tax preparers or financial service consultants.

They get hung up on the mechanics of what they potential client might think, if they can’t show up to work at the client’s offices.

In today’s Question & Answer live coaching session, provided bi-weekly to Next Level Firms clients only, James walks through exactly how he would approach rebutting the prospect’s question of…

Can I work from anywhere? Or do I only take on clients near my city?

In addition, today’s Q&A clip includes concerns regarding cyber security best practices to help you work remotely as an accountant while handling client files.

Check it out and comment below “YES” if you have successfully be able to work remotely as an accountant with your clients.

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