July 14, 2009

Harry Potter and the Vast Opportunities in a CPA Firm

As we brace ourselves for yet another Harry Potter movie, I think Harry and his friends would want to cast a spell on today’s CPA firm – to enable partners to see the vast opportunities right in front of our eyes. Although my pop-culture allusion may be a bit lame, there’s nothing mystical about determining... Read more »

Darren Root, CPA, CITP, CGMA

As we brace ourselves for yet another Harry Potter movie, I think Harry and his friends would want to cast a spell on today’s CPA firm – to enable partners to see the vast opportunities right in front of our eyes.

Although my pop-culture allusion may be a bit lame, there’s nothing mystical about determining your strengths and building on your competencies.

Now is a great time to do just that – over the summer when we’re between important filing deadlines and taking some much-deserved vacations – to think about what we can achieve and what we want to accomplish.

If all of this sounds like another enchantment spell, then you need to think differently about your business. When I reach CPAs and their staffs during the Next Generation Accounting Firm™ presentations, or with colleagues in our Leadership Communities, we discuss our strengths, weaknesses and opportunities, and most of all, concentrating on what we do best. That “best” could be anything from adding another advisory service to your list or perhaps building on your tax practice.

Either way, now is the time to shine a bright light on your firm assess your position. Like the light at the end of Harry’s wand (you knew I’d bring the theme back!), it only glows as long as you let it.

So tell me, what can you achieve and what do you want to accomplish this summer?

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Darren Root, CPA, CITP, CGMA

Darren Root, CPA, CITP, CGMA

Growth Strategist

Darren Root, CPA, CITP, CGMA, is Growth Strategist for Rightworks, where he delivers value to accounting firms every day via current, relevant thought leadership. Having managed his own CPA firm for more than 30 years, Darren’s vast accounting experience is rivaled only by his passion for helping firm owners modernize and transform their practices into thriving, sustainable enterprises. Darren’s real-world experience and innovative ideas incite both clarity and excitement among our customers as they work to build their own modern, highly profitable and technologically savvy firms. Over the years, Darren has earned numerous awards as an influencer and continues to add to the profession’s broad knowledge base via books and podcasts: Top 100 Most Influential People award Top 25 Thought Leader award Author of The Intentional Accountant Co-author of The E-Myth Accountant