We had the good fortune of connecting with Amanda Kendall and we’ve shared our conversation below.
Hi Amanda, other than deciding to work for yourself, what else do you think played a pivotal role in your story?
Hiring staff and giving them the ability to take charge of certain things without my micromanaging. My business is like another kid- it is hard to let someone else take control and “raise it”. However, as soon as I did that, I saw my business ‘grow up’ right before my eyes. Increased capacity, more time to work on the business not just in the business. It was a game changing decision for me.
Can you give our readers an introduction to your business? Maybe you can share a bit about what you do and what sets you apart from others?
I have not always run my business as efficiently as we currently do. In fact, I almost had to file bankruptcy several years back (and as an accounting professional that is super hard to admit.) I was not managing what needed to be managed, I was flying by the seat of my pants every single day. I was in major business debt and could not see a way out. Putting a heavier focus on managing the day to day of the business finances and setting goals and financial targets and tracking our progress was a night and day difference. Just because a goal is set does not mean it will be achieved. You have to have a plan and then track the progress in order to truly bring it to fruition. Going through this experience first hand I think is one of the best things that happened to me and happened for my clients. I know now to look at my clients businesses differently. We can be reactive or proactive and proactive is always the better way with finance and tax. By my business nearly failing, to sell it 3 years later, to starting my second business in the same industry, I now see things in a way most don’t. I see the pitfalls that might be coming, I see the things we can tweak to have a huge impact on the finances. I search out tax savings opportunities for my clients. It completely changed the way I serve our clients and how I run my business. I have been told that I am much more than an accounting professional and our firm delivers much more than accounting services. Our clients have told us that our advice is some of the best they have gotten and that we really are business coaches who understand accounting as a bonus. This makes us feel good because we truly want to be an asset to our clients.
If you had a friend visiting you, what are some of the local spots you’d want to take them around to?
I enjoy the mountains so if we had a week I think a couple of days of camping would be a must. Buffalo Bill Museum, Lookout Mountain would be part of the drive out. A walking tour downtown would also be fun. I don’t get into the city much myself, so we could explore new things together. Denver has such a diverse community that you can find so much that you haven’t seen even if you think you have seen it all.
Shoutout is all about shouting out others who you feel deserve additional recognition and exposure. Who would you like to shoutout?
I have had many great mentors over the years that have helped me get to where I am. I read books constantly, but the E-Myth probably had the most profound effect on my growth and scaling operations. Community in general is also huge. My community, which has changed over the years has always been a source of growth and encouragement. Sara Khoudary, a friend of mine, has been a major source of support, encouragement and even a little kick in the butt when I needed it.