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Social Proof Podcast

An Insanely Profitable Tax Software Business Model - Weston Hill #532

Social Proof Podcast

Social Proof Network

Entrepreneurship, Business

5 β€’ 2K Ratings

πŸ—“οΈ 31 July 2025

⏱️ 40 minutes

🧾️ Download transcript

Summary

In this conversation with Weston Hill of Ceo The Tax Biz shows interested individuals how to start their own tax business. He started out generating a quarter million under mentorship for only a portion of the profits. Then he moved on to his own tax business and generated the same at a full profit. Business has gone up from there. Not only does his business provide tax services but they also teach others how to do the same.


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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to another edition of the social proof podcast.

0:02.0

Man, we find incredible people that are doing incredible things in entrepreneurial space, people who live off of their own ideas.

0:08.0

They wake up and get to it every single day.

0:12.0

And today is no different.

0:14.0

Man, I am excited about this conversation.

0:17.0

For one, the word tax gives me anxiety, period.

0:21.6

First off, but you are a tax professional

0:24.6

and you teach people how to run a business

0:27.6

in the tax professional business.

0:29.6

So go ahead and introduce yourself

0:31.6

and we're getting into it.

0:32.6

So my name is Weston Hill.

0:33.6

I'm the CEO of the tax biz and what we do is we help tax professionals

0:36.6

start their own

0:38.0

profitable tax business. We also show them how to start their own profitable tax software

0:43.2

company as well. All right. So real quick, you have your own tax business, right? Yes. Okay. I just

0:48.3

want to put that out there because so it's almost like when people do something well, or they do something and it's almost like when people do something well or they do something and it's not really

0:59.0

done well or they don't do it anymore, they stop the business and they start teaching it,

1:04.7

which I think I often have a problem with because one, if you're not doing it, why are you telling other people to do it? If it's not such a great, if it's such a great idea, why don't you just do it, right? So, but you are still running your tax business. And you're teaching other people how to do it, which makes sense because it's another stream and I'm sure you get the calls all the time. Like, bro, how'd you do that?

1:28.3

How'd you rent?

1:29.3

So tell me about the tax business itself. Like what is, how long you've been doing it? Like what's some of the revenue? If you can answer that, what is that? So I've been doing taxes for 10 years. Well, I've been doing taxes for 15 years. after my 10th year I started, my own tax software company.

1:26.6

But every year, you know, in the tax industry, my first year, been doing taxes for 15 years after my 10th year I started my own tax software company but every

...

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