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Is it me or did they just scrap the DOL law?
Ha ha, Adam Grant has some good stuff.
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Anyone here ever been to RCA? Is it worth it ?
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True or false?
I am WAY TOO nice to be in public accounting….
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I got terminated without cause because I was not a culture fit with the firm.
I actually think I’ve progressed faster because I learn very quickly. Went from 40k comp in 2018 to 200k base + variable comp now.
Unfortunately, I have high expectations for performance and don’t work well with people that don’t want to push themselves. The good news is that I run my own firm and I can control the people I work with. I prefer ex-military and athletes.
I strongly believe that anyone can learn anything. The best marketers don’t get there overnight. Even the most technical startup founders can teach themselves how to sell. Often, the founders NEED to sell themselves because nobody else knows the product well enough.
Now the good news is, even if you can learn it, you don’t really have to. One of the best parts of running your own company is that you can do what you like doing and delegate what you don’t.
I will say that I think people management is a crucial skill to have if you want to grow your career in accounting, especially your own firm.
IMO client retention is more important than marketing. As long as you gain clients faster than you lose them, you’ll hit capacity eventually. If you strive to give high quality work, I’m confident you can retain clients :)
Medication has been the only thing that has worked for me
Can totally empathize. I have ADHD and my first year as a manager has been totally brutal
I know one person who is an SM who is very open about their ADHD and that makes a huge difference in managing expectations of those who work around them. Also find and work for leaders who see the value in the strengths and weaknesses that come with ADHD. This one SM I know was extremely useful and good at a few things their teams needed and that created their opportunity. The world always has space for useful people.
ADHD SM who relies heavily on therapy and medication. Finding myself a good therapist has been a game changer. She has helped me explore different strategies and tweak them so that they work for me. I have definitely not solved ADHD, but I’ve gotten by well enough to make it to SM somehow, even if it took me a little longer than most to get there
I'm only a staff and have bad difficulty. I've been called difficult to work with and combative. But I'm usually just asking questions
Makes 2 of us
I left as a SM (ADHD). Public accounting is brutal and so only stress/burnout and medication but it was ROUGH
Leaving was honestly the best decision I ever made. My current role is so much less chaotic that I’m able to actually implement systems and routines that work for me and allow me to manage my adhd. When I was leaving it was super stressful but I relied on a good therapist to help.
Same here! Also moderate/severe ADHD and with a good therapist and psychiatrist I am doing just fine.
I recommend checking out the book dopamine detox. Very quick read and I think it gives some really practical things to try - I’ve found a lot of benefit. You certainly could benefit from medication as well as others have mentioned.
Thanks for saying that, SA1. I agree and I'm working on an exit plan as it's burning me out.
Everyone saying they do fine with medications and/or therapy, do you feel extreme burnout?
Yes, at times. I’m in tax and I am always falling apart at the seams by the end of tax season. I’ve found that taking a week off after tax season really helps me recover, so that is usually what I aim for. I’m not always great about fully disconnecting during PTO during other times of the year, but I’ve learned that ignoring my laptop entirely during my time off post-busy season is the only way I’ll actually bounce back. Otherwise the burnout lingers a bit
I have severe ADHD. Diagnosed right out of the gate at 5 years old and affirmed very recently. I’m a senior manager today and have tiered 1 for four years in a row, so far.
You can do well. My inefficiency is there at times, but I make up for it with much longer hours. These longer hours have been me the benefit of being always reachable, so it’s become a strength in its own way.
Also I work in a very choppy, short term project area of consulting, and our most profitable projects are the most erratic, messy, and near impossible or organize. Leaning towards though projects plus medication has helped me thrive I think.
More calls though have been a tad difficult but you can always ping a few people to confirm things, have a senior take notes, etc. I think you can absolutely succeed long term in PA. Just need to find your niche.
Sounds like my experience in M&A tax working for only PE clients.