How Knowing Your Data Can Help You Make Your First Million

The Home Service Expert Podcast

Tommy Mello

Business, Management

4.8 • 705 Ratings

🗓️ 5 May 2020

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

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Summary

Meaghan Likes is the founder of Bookkeeping Academy Online and owner of Likes Accounting. She uses her years of expertise and experience in helping small business owners do their bookkeeping correctly. An entrepreneur with five businesses in Northern California, Meaghan is a prominent figure in the window cleaning industry, and is the third fastest female window cleaner in the world. An active philanthropist since 2004, Meaghan devotes a considerable amount of her time to volunteering and traveling around the world for various charitable and caregiving advocacies.

In this episode, we talked about accounting, payroll, bookkeeping, tax prep consulting...

Transcript

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0:00.8	Four years ago, my husband couldn't tell you within $500,000 what his top line revenue was.
0:06.3	Keep it in business almost 10 years.
0:08.7	No judgment.
0:09.6	This is how they, you know, they're really good at doing whatever it is that they do.
0:14.2	Their skill set is really strong, but numbers, like they don't have any reference for how to figure out those numbers, right? And so that's what I've
0:23.6	done. Like that's how I've kind of found my niche market is, well, you know the easiest way to figure
0:27.9	out your total income, assuming you run like a really ethical operation? Look at your total deposits
0:33.3	into your bank. Let's start there. I mean, ideally, yes, they'd have bookkeeping system. Yes, they'd have other system. Yes, they'd have data to rely on. But when somebody comes in your
0:40.9	office and they don't even know how much money they made last year, you've got to start there.
0:45.4	And then you can work backwards. Welcome to the home service expert, where each week, Tommy
0:51.3	chats with world class entrepreneurs and experts in various fields like marketing,
0:56.2	sales, hiring, and leadership to find out what's really behind their success in business.
1:02.2	Now, your host, the Home Service Millionaire, Tommy Mello.
1:16.2	Welcome back to the Home Service expert. My name is Tommy Mello, and today I have a very special guest.
1:22.8	Her name is Megan Likes. She specialized in accounting, payroll, bookkeeping, tax prep, consulting.
1:29.0	For small businesses, she also owns a window washing, power washing. I'll let her talk a little bit about that. She's got a bookkeeping academy online. She's the founder from 2017 till present.
1:36.2	Likes accounting company from 2017 to present. Jeff likes clean window and gutter owner from 2007 to now.
1:45.6	Meg likes balanced books.
1:47.4	She's the owner since 2004.
1:49.6	A little bit about her.
1:51.1	A small business accountant and consultant, speaker, teacher, and volunteer with nearly
1:55.1	two decades worth of professional experience.
	...

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