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Through insightful and engaging conversations with leaders and experts from the entrepreneurial niche, Super Entrepreneurs Podcast by Shahid Durrani will provide you with actionable tips and strategies for greater motivation, productivity and success in your business, career and personal life. The show also features solo episodes, where Shahid, driven deeply by the purpose and passion to make a groundbreaking impact in your everyday life, will address topics and offer practical advice that inspire you to overcome life’s adversities and craft a lifestyle that you love. Be sure to tune in and gain from the valuable content shared by the guests we host, including; digital marketers, social influencers, authors, CEOs, Medical professions, and entrepreneurs
Episodes
Tuesday Jun 15, 2021
Accounting for Entrepreneurs With Clayton Achen
Tuesday Jun 15, 2021
Tuesday Jun 15, 2021
In today’s Super Entrepreneurs Podcast episode, I am joined by Clayton Achen, the founder, and leader of Achen Henderson CPAs, an accounting firm located in Chicago. Achen Henderson supports retail franchises, businesses, and individuals with their accounting and tax reporting needs.
Helping Startups
Clayton talks about his company’s role in helping startups. He says they help draft agreements between businesses and other clients, set up corporate structures, and set up accounting systems for the firms, and teach them how to run them.
Types of Businesses Engaged
He says that his company deals with startups to established businesses, those with low and high revenues as they help them sort their accounting issues and manage their back office.
Wins and Downsides
Clayton talks about the wins and downsides they have faced. He highlights that they count their wins based on their clients’ wins. He also states that they have met flips as about 30 companies in the energy sector have had to close down.
Passion in Business
Clayton talks about his passion for business and accounting. He says that he joined business school and has an accounting background of about 15 years. This, he says, has helped him establish and run the company.
Company’s Growth
Our guest talks about the growth his company has gone through. He states how they started small in 2013 and how their accounting practice strength has led them to where they are today.
Recommendation on Industries to Venture.
Clayton says that an entrepreneur decides to venture into business, it depends on their passion and self-assessment of what they are capable of and what it takes to keep a business going.
Successful Startup
He says that to set up a successful start-up, one should be well-capitalized. This will help him hire the right help and avoid doing all the work and focusing on what’s important.
Having the Right Mindset
He adds that entrepreneurs focus on managing instead of leading. He says that they should adopt a sheep mentality and be leaders.
Mission, Vision, and Core values
Clayton talks that for a business to be successful, a clear outline of why it exists, what it aims to achieve, what it does to achieve, and how team members interact with each other should be set
.
Tune in and listen to Clayton talking about:
- [02:09] Helping startups
- [04:48] Type of business they deal with
- [06:48] Wins and downsides
- [08:16] Passion for business
- [08:47] Growth
- [11:09] Recommendations
- [13:50] Key to a successful startup
- [14:40] Mindset
- [15:49] Missions, Vision and Core values
Links
Website - http://www.achenhenderson.ca/blog/
Email - mailto:info@eagancpa.com
Linkedin - https://www.linkedin.com/in/claytonachen/
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