It may sound a little jarring but the world we live in does not need another accountant. In the same way the world does not need a new VCR or a new disposable camera. The world is moving ahead at breakneck pace and the accounting industry is the next to be left in the world’s wake.
But I have a degree and a steady job – how can you say that the accounting industry is dying?
Let’s be clear – the accounting industry isn’t necessarily dying but it is certainly changing. Those who adapt will not only survive, they will thrive and those who do not will follow in the footsteps of the dodo.
The Era of the ‘Life Accountant’
People do business with people they like, they will do more business with those who make them money. The demand for the everyday compliance factory is diminishing and people want someone to tell them what to do with their financial life.
Enter the ‘Life Accountant’.
What is a ‘Life Accountant?’
‘Life Accountants’ don’t just do compliance.
‘Life Accountants’ are the trusted advisers.
A ‘Life Accountant’ stands out from the pack because they are not just future thinkers but they are the future of our industry.
‘Life Accountants’ change people’s lives – They are the coordinators of their client’s wealth.
‘Life Accountants’ How-To:
It’s time to open your eyes to a brave new world. Embrace new technologies so you can spend more time improving the quality of life for all Australians rather than just ticking the boxes.
These are the accounting firms who will win.
These are the accountants who will stay relevant forever. Because technology can do everything that is technical but the relationships and the strategy is up to you.
Change Accountant’s Wealth Building Philosophy
“Have one eye on now and one eye on the future.”
This means we want clients to enjoy the benefits of their hard work right now (drive a new car, enjoy regular holidays, eat out, drink that nice bottle of wine, etc) while at the same time putting some of their money away into good investments to provide for a beautiful future.
You can check out how we’re inspiring the accounting industry in our LinkedIn group – better yet join the group and get involved in the discussion.
Tim is the director and founder of both ChangeGPS and Change Accountants & Advisors. Tim is passionate about bringing positive change to clients of both Change Accountants and ChangeGPS. Our purpose at Change Accountants is to help our clients with “better advice for a beautiful future”.
