Harrison Patton

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Harrison Patton

Harrison Patton

@realharrisonpat

Founder, Kaizen Accounting | Helping online entrepreneurs keep more profit with strategic tax planning.

เข้าร่วม Haziran 2023
48 กำลังติดตาม59 ผู้ติดตาม
ทวีตที่ปักหมุด
Harrison Patton
Harrison Patton@realharrisonpat·
What would you try if you had no fear?
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Harrison Patton
Harrison Patton@realharrisonpat·
Everybody wants the result. The portfolio, the passive income, the business that runs without them. But the result is just the end of a long chain of boring decisions nobody sees. The workout at 5am when you didn't sleep well. The books closed and reviewed every week, not just at tax time. The hour spent learning something that won't pay off for two years. The Friday night you stayed in and worked on the thing that actually matters. None of that feels like wealth building when you're in it. It feels like discipline with no immediate reward. It feels like you're behind because nothing is happening yet. That feeling is the filter. Most people hit that wall and conclude the habit isn't working. So they drop it, pick up something new, and reset the clock. The compounding never gets a chance to do its job because they keep interrupting it. The people who actually build something — the ones who end up with the result everyone else wants — they figured out that the boring phase is not a sign that it's not working. It's the proof that it is. You don't feel compound interest building. You just wake up one day and the gap between you and where you started is enormous. It works the same way in your finances. The business owner who sits down with their numbers every week catches a cash flow problem before it becomes a crisis. They spot the expense category bleeding money before it bleeds out. They make proactive decisions instead of reactive ones because they have the information in real time, not three months late. The one who checks in once a year in April is always behind. Always reacting. Always wondering why the number is what it is and what they could have done differently. The answer is almost always the same. They didn't have the habit. Not the knowledge, not the opportunity. The habit. Wealth has two sides. What you make and what you keep. Both of them respond to the same thing — consistent, boring, unglamorous attention paid over a long period of time. Nobody posts about the Tuesday morning they reviewed their books before anyone else was awake. But that Tuesday is doing more work than the highlight reel ever will. Build the habit. The result takes care of itself.
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Harrison Patton
Harrison Patton@realharrisonpat·
@edgaralandough This is it. The freedom to be present wherever you want, whenever you want, with the people that matter. That's the actual goal. The Rolex and the Lambo are just what people chase when they haven't gotten clear on what they're really after
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CooperBaggs 💰🍞
CooperBaggs 💰🍞@edgaralandough·
I don’t want to be rich so I can buy a Rolex or a lambo. I want to be rich so I can take my mom and kids on vacation anytime. So I can go to the gym randomly at 2 pm on a Wednesday. So I can cook every meal at home with fresh ingredients. So I can walk through nature in a place where my family feels safe. So I can treat a friend to meals without worrying about the budget. That’s the rich life I want to build, not the one that was sold to me.
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Harrison Patton
Harrison Patton@realharrisonpat·
@DearS_o_n All of this is right. The one I'd add — learn to ask better questions. Most people think communication is about what you say. The ones who are actually good at it know it's about what you draw out of the other person
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Dear Son.
Dear Son.@DearS_o_n·
Normalize this by age 25: 1. Talk slow. 2. Be clear. 3. Never mumble. 4. Don't interrupt. 5. Listen twice more than you talk. To all men, how best can a man best improve his communication skills?
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Harrison Patton
Harrison Patton@realharrisonpat·
@Bitcoin_Teddy The shift from status to substance is real. Most people just never make it there until something forces them to stop and ask what they were actually chasing.
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Bitcoin Teddy
Bitcoin Teddy@Bitcoin_Teddy·
At 20 I thought: - The $8,000 Rolex was cool - The $70,000 Mercedes was cool - The giant yacht party was cool At 35 I now realize: - 6.25 whole Bitcoin is cooler - Gym at 10am on a Tuesday is cooler - Having a relationship with God is cooler Success looks different with age.
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Harrison Patton
Harrison Patton@realharrisonpat·
@scaling_shields Can vouche for this one hundred percent. IRS lets you expense antrhing that is ordinary and necessary to produce more income. If he documents it all the way you mentioned it then he can easily prove it if audited. Well done!
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James Shields
James Shields@scaling_shields·
my accountant told me last month he has a client who writes off $8K/month in "coffee meetings" i asked how thats even possible "he buys coffee for strangers at the airport" this guy lives in nashville flies to a different city 3-4 times a month for "business development" sits in the airport lounge for 6 hours walks around and spots people who look like they run businesses "hey man heading to dallas too? can i buy you a coffee?" 15 minute conversation at the gate exchanges linkedin if theyre a good fit he follows up 2 days later: "good talking to you at the airport - saw on your profile youre in [industry]. we help companies like yours with [problem]. would it make sense to explore this?" conversion rate from coffee → booked call: 41% last year he closed $380K in revenue from airport conversations total cost: - flights: $46K (only books refundable tickets, cancels half of them) - coffees: $8,400 - lounge memberships: $1,200 total: $55,600 in expenses return: $379,000 6.7x ROI "why not just cold email or go to networking events" "networking events are full of people trying to sell. airports are full of people trying to get home. their guard is down. they have time to kill. a $6 coffee feels like hospitality not a pitch." he tracks every conversation in a notion database airport, persons name, company, flight number, what they ordered, topics discussed 217 coffees bought last year 89 turned into calls 14 turned into clients average deal size: $27K the IRS audited him in 2024 he showed them: - boarding passes - receipts with timestamps - linkedin messages matching the dates - closed deals traced back to specific airports they approved everything his biggest month was september sat in LaGuardia for 11 hours on a delayed flight bought coffee for 6 people 4 of them booked calls 2 closed for a combined $61K "that delayed flight made me more than most peoples salary" no ads no cold calls no website traffic no followers just a guy who realized business class lounges are full of his exact ICP and theyre all sitting there bored as hell with nothing to do most people avoid conversations at airports this guy built a $380K pipeline from them
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by@beyoumf·
Convince us to follow you… But you only have 2 words
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Harrison Patton
Harrison Patton@realharrisonpat·
Most accountants bill by the hour. Think about what that actually means for you. Every extra call, every back-and-forth email, every hour they spend doing something a better system would handle in twenty minutes - that's more money out of your pocket. The billing model itself works against you. And it gets worse than slow. An accountant on hourly has no real incentive to find the strategy that saves you $30,000 next year. That kind of proactive planning takes time they're not getting paid for. So it doesn't happen. You file, you pay, you move on and the opportunity is gone. Value-based billing flips that. When I charge based on what I'm actually delivering, my incentive is to deliver more of it. Find the deduction you didn't know existed. Build the plan that makes tax season boring instead of stressful. Get you to a place where you're not dreading April. That's what it means to actually be on your client's side. The billing model isn't just a pricing preference. It's whose interests the accountant is serving. If yours has never brought up a proactive strategy unprompted, it's worth asking why.
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Harrison Patton
Harrison Patton@realharrisonpat·
IRS Section 162(a) says you can deduct any expense that's "ordinary and necessary" to your business. That's it. That's the permission slip. Your accountant didn't show you that because most accountants aren't thinking about what you can do. They're thinking about what's safe for them.
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Harrison Patton
Harrison Patton@realharrisonpat·
So much momentum right now. Just on a roll like never before. I love this feeling
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Harrison Patton
Harrison Patton@realharrisonpat·
@bluewmist Think long term not short term. Showing up today means long term you achieve your desired result. You can’t let the feeling of “now” distract you from your ultimate goal
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blue@bluewmist·
People who exercise even when they don't feel like it, what's your trick?
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Harrison Patton
Harrison Patton@realharrisonpat·
When you change the way you look at things, the things you look at start to change
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Harrison Patton
Harrison Patton@realharrisonpat·
Having trouble getting Claude for Excel to work. Keep getting a deployment error no matter which way I try to connect it. Anyone run into this and found a way to make it work?
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Harrison Patton
Harrison Patton@realharrisonpat·
@TheJerzWay And what not people don’t realize is that the Wyoming LLC won’t really do much for them in terms of protection if sued unless they live there…
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The Way of Jerz
The Way of Jerz@TheJerzWay·
A surprising number of 7-figure online businesses have this structure: Wyoming LLC Stripe account PayPal account Shopify store US Fintech bank That’s it. Four platforms can shut the entire operation down in a single afternoon.
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Harrison Patton
Harrison Patton@realharrisonpat·
“Let us not grow weary of doing good, for in due season we will reap, if we do not give up.” — Galatians 6:9
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Harrison Patton
Harrison Patton@realharrisonpat·
I left PwC to build Kaizen Accounting. Most people thought I was giving up a good thing. And honestly, the first few months were uncomfortable. Not because the work was hard but because building something from scratch requires a different kind of discipline than climbing someone else’s ladder. You stop performing for performance reviews and start performing for results. That difference is quiet but it changes everything. If you’re in the middle of that transition right now, my one piece of advice: keep going.
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Harrison Patton
Harrison Patton@realharrisonpat·
Most business owners focus on making more money. Very few focus on keeping it. The tax code is full of legal strategies designed to let business owners hold onto more of what they earn. Not because the system is broken. Because the tax code was written to incentivize economic activity - not to punish people who build things or are ambitious. The problem isn’t the IRS. It’s that nobody ever explained the rules.
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Harrison Patton
Harrison Patton@realharrisonpat·
Been hearing a lot of Claude > ChatGPT lately. Curious opinions on use cases for tax/accounting and content creation use cases. Seems like the reasoning might be a lot stronger and hold together during extended use
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Harrison Patton
Harrison Patton@realharrisonpat·
Whenever I am dragging or losing sight of why I am doing everything I am doing, I go back and watch Daniel Dalen's old videos. Grounds me back into the reality of why I am building the way I am
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Harrison Patton
Harrison Patton@realharrisonpat·
Everyone wants to be successful, but few want to become successful
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Harrison Patton
Harrison Patton@realharrisonpat·
hey @NotionHQ when are you going to make it to where we can use different fonts as a default rather than having to change it for each page? Please add this as a feature as it would be very nice. Thanks 🤝
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