I've been contemplating about leaving PA and starting my own CPA for a while now... anyone know of any success stories or advice/tips before making this move?

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Actually yes I know 3 people. They were very heavy tax seniors with a ton of generalist experience. They were all Chinese and one of them spent like 10k on advertising alone. They are all doing well.

I know 2 other people, one went back to private and said that it's easier to work for someone else. The other has a spouse who works so she has a sort of safety if things dry up. She basically works from her basement and does a bunch of individual returns and bookkeeping for like pizza stores and corner stores.

I don't know anyone that created their own like real cpa firm and hired a bunch of people. I would think it would take a couple of years to build a book of business as that big. You would need to go in with a partner for that.

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I know a guy who started one like GT1's stories. Heavy senior. I'm getting ready to make the jump and partner with him.

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Thanks for the insights GT1!

What’s a heavy senior?

Almost manager. He would have been promoted if he stuck around.

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