S2 Ep 9 - Turning Down a Big4 Director Role and Growing His Own Firm with Tyler Caskey

In this episode I’m talking with Tyler Caskey from the Bean Counters.

Tyler is an experienced CFO and Accounting Partner with a demonstrated track record improving or maintaining high performance Finance and IT functions. 

He’s known for installing the Day 1 month-end reporting methodology. 

We’re discussing why Tyler turned down a director role at a Big4 Firm and a partnership opportunity at a mid-tier firm and ultimately started his own firm.

We cover:

• [8:39] How Senior CFO roles compared to director roles at the Big4
• [10:02] A partnership opportunity at a mid-tier firm and weighing up the pros and cons
• [16:31] Why Tyler doesn’t use fixed fee or value based pricing and prefers billing based on time
• [19:51] The lifestyle benefits from running his own firm 
• [22:31] Tips for building high performing teams 
• [24:02] Why Tyler doesn’t want to grow revenue 

Here are a few parts of the conversation that stood out to me.

• Tyler doesn’t believe in regret, but he does think about whether he made the jump from Big4 to commerce too early. Becoming a partner at a Big4 firm could have been amazing. As someone who was not interested in that path at all, it was interesting hearing that perspective from Tyler.
• I enjoyed hearing about Tyler’s schedule and how he prioritises mornings, but he’s also fine working hours to accommodate his international clients. 
• I also enjoyed the story of his boss who wouldn’t allow him to go part-time

You can connect with him on LinkedIn or via the Bean Counters Website

This episode of the podcast is brought to you by sponsors 

TaxValet: Sales Tax Done For You

Electrafi:  Blockchain Training and Consulting for Accountants

Teamup: Hire top Filipino accountants without ongoing BPO fees. 

The Lifestyle Accountant Show is a podcast that helps today’s accounting firm leaders build successful businesses while living healthy, happy lives hosted by Meryl Johnston. 

For more information or to get in touch with us, head over to our website lifestyleaccountant.co