Innovation Thought Experiment
We ask the question: "What if Disney started a cloud accounting firm?"
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Join the Focused Firm email list to get notified of future streams and CPE courses:
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Connect with Hector Garcia, CPA:
Website: http://hectorgarcia.com
LinkedIn: https://www.linkedin.com/in/hectormgarciacpa/
Connect with Blake Oliver, CPA:
LinkedIn: https://www.linkedin.com/in/blaketoliver
Twitter: https://twitter.com/blaketoliver/
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Download the Earmark CPE App:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
-----------------
Thank you to our sponsor, Avalara! Avalara’s award-winning tax automation solutions help accounting practitioners of all sizes, from sole proprietors to Top 100 firms. Avalara simplifies sales tax compliance with real-time rates, automated returns filing, registrations, tax research and automated tax solutions for specialized tax areas. We live and breathe tax so you don’t have to. Learn more at Avalara.com/Accountants.
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- (00:00) - FF 7 : Inovation Thought Experiment
- (00:32) - Introduction and what this episode will cover
- (01:25) - Thank you to our sponsor, Avalara
- (04:47) - Lets talk about innovation
- (06:18) - Inspiration bookshelf
- (11:28) - Quick recap of what the first 6 episodes of this series covered
- (12:59) - Peter Drucker quote
- (15:45) - Thank you to our sponsor, Avalara
- (17:03) - Value increases or decreases based on where its presented
- (25:38) - A quote on maintaining the status quo & more
- (28:37) - How we can innovate?
- (30:50) - Classic definition of innovation and Hector's definition
- (33:03) - Blake's issue with innovation in the accounting profession
- (36:43) - Reframing as a technique
- (40:22) - Summary of innovation steps
- (43:08) - Thought experiment: What if Disney started an accounting firm?
- (48:53) - What would they name their firm?
- (51:23) - What would they charge?
- (57:14) - What would they call their employees?
- (01:00:24) - What would they call their customers?
- (01:04:27) - How would they deliver information? Diversity? & a few more quesitons
- (01:10:46) - Final thoughts from Hector
Join the Focused Firm email list to get notified of future streams and CPE courses:
https://go.earmarkcpe.com/the-focused-firm
-----------------
Get free CPE for listening to this podcast:
https://app.earmarkcpe.com/?course_id=11d08a91-988a-4465-8e0c-e974240b637d
-----------------
Connect with Hector Garcia, CPA:
Website: http://hectorgarcia.com
LinkedIn: https://www.linkedin.com/in/hectormgarciacpa/
Connect with Blake Oliver, CPA:
LinkedIn: https://www.linkedin.com/in/blaketoliver
Twitter: https://twitter.com/blaketoliver/
-----------------
Download the Earmark CPE App:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Creators and Guests
Host
Blake Oliver
Certified Public Accountant. Co-host of @cloudacctpod. Founder of @earmarkcpe. I have approximate knowledge of many things.
Host
Hector Garcia, CPA
Quick Bookkeeping & Accounting LLC. QuickBooks® Training Services. Business Consulting. Tax Planning. My e-mail: hector@garciacpa.com / office: 954-414-1524