Mike Payne joins Yuri to talk about building BOSS Advisors, growing the firm to more than $2 million in revenue and eventually selling it.

They discuss how Mike combined accounting and legal services under one roof, landed a major client during his first week in business and dealt with the pressure that came with the firm’s growth. Mike also shares what led him to sell, how he chose the right buyer and what life has looked like since the acquisition.

Episode Highlights:

0:00 - Working 36 hours straight and hitting burnout

0:50 - Meet Mike Payne

1:18 - Combining accounting and legal services

8:28 - Starting BOSS Advisors and landing a major client

15:07 - Reaching the firm’s next growth ceiling

19:51 - The personal cost of building the business

29:27 - Finding the right buyer and selling the firm

36:13 - Making more time for family

39:57 - Creating healthier boundaries with work

43:04 - Building an audience and professional community

50:22 - Where to connect with Mike

ABOUT HOST YURI KAPILOVICH

Yuri, aka #thefuncpa, has been in the accounting profession for over 15 years and has seen, first hand, the challenges the profession brings. After seeing that no firm was fitting the bill, Yuri set out to do things his own way with his firm K&A and the journey began with LinkedIn posting at the front end.

Yuri is proud to bring you #thefuncpa podcast highlighting the fun and all the amazing opportunities our profession can bring us all.

CONNECT WITH YURI KAPILOVICH

LinkedIn: https://www.linkedin.com/in/ykapilovich/

Website: https://www.thefuncpa.co/

CONNECT WITH MIKE PAYNE

LinkedIn: https://www.linkedin.com/in/michaelpaynejdcpa/

Website: https://themikepayne.com/