Some of you may have thought this course was just a refresher. Others learned accounting fundamentals for the first time. Tell us what your takeaway is from this course, and make sure to take your next step towards the goal you set when you planted your flag.

I spoke with a bookkeeping owner who does 2.2M in revenue. He’s been in business 4 years and has roughly 100 clients. We talked for around 30 minutes today about life, work, and the challenges of business. But he said something to me that I think should give everyone here hope. He said: “I love my overseas bookkeepers. They’re great workers and they’re always grateful. I wish I could hire them to be client facing, even more than my US employees. But, I think my clients prefer to talk to people here.” Huh 🤔 That tells me two things: 1) If you’re overseas, you might need to be targeting bookkeeping firms, CPA firms, or outsourced accounting roles. If you’re good, grateful, and reliable, that’s what these owners want. 2) If you’re here in the US, you need to target business owners. They don’t have the time to talk to people outside of their own time zones. Local bookkeepers are preferred. This means that wherever you are, there is a target client for you here in the states. You just have to find them. So don’t give up. It only takes one connection to change the game forever. Routing for you all ✊ P.S. I’m thinking about creating a LinkedIn course to teach how I’ve made these connections. Let me know if you think that’d be valuable in the comments. P.P.S. Go read today’s daily verse. It should be an encouragement to you all regarding this (Galatians 6:9)

Do you think buyers trust cash accounting or accrual accounting more? Support your answer and engage with someone else’s comment to discuss their perspective. This is how you start thinking like a trusted financial advisor.

In the Accounting Cycle course, John bought a car. Now he asks: “How will my financial statements be affected if I pay off the $45,000 loan in three months?” Comment your answer below. Explain how this decision would affect the Income Statement, Balance Sheet, and Cash Flow Statement. Think through the full picture, not just one piece.

Create a realistic accounting problem similar to the examples shown in the lesson. Post it in the comments. Find someone else’s problem and reply with how you would solve it.