The New How Podcast – Supporting Growth and Development with Jack McGovern

The New How Podcast

Summary
In this episode of the New How podcast, Brian Corcodilos interviews Jack McGovern, a certified public accountant and owner of McGovern & Associates. They discuss Jack’s journey in the accounting world, his decision to start his own practice, and his expertise in tax compliance and financial planning. Jack emphasizes the importance of having a plan and managing your records in order to succeed in business. He also shares insights on leadership, building strong relationships, and making quick and informed decisions. Overall, the conversation highlights the key factors that contribute to entrepreneurial success.

Keywords
accounting, tax compliance, financial planning, business ownership, leadership, decision making, relationships, time management

Takeaways
Having a plan and managing your records are crucial for business success.
Surround yourself with the right people who share your vision and goals.
Make quick and informed decisions, and be willing to adjust if necessary.
Measure the pros and cons of opportunities before making a decision.
Treat others with respect and support their growth and development.

Sound Bites
“There’s really three reasons I think they don’t make one, they’re either underfunded, two, they have a bad business or three, they’re like have bad records or something like that.”
“Well, I hope that when I say this, that when the people listen to me talk, they don’t disagree, but there’s nothing I ask the people to do that I wouldn’t do myself or haven’t done myself.”
“You have to figure out what you like to do in life and then ⁓ figure out how you’re going to accomplish that.”

Chapters
00:00 Introduction and Background
02:50 Starting a Business: Planning and Record-Keeping
11:51 Leadership and Team Dynamics
29:08 Personal and Professional Growth
35:43 Final Advice for Entrepreneurs