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#75: Becoming an Entrepreneurial Crypto Accountant with Patrick Camuso
Manage episode 446177921 series 3394208
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If you’re a technical accountant who’s also bringing in new business for your company, I have to ask - why haven’t you started your own firm yet?
Yeah, the idea sounds terrifying at first. You’re stepping out of the cozy safety net of a guaranteed paycheck.
But if you’ve got grit and the guts to be an entrepreneur, why keep waiting? Sure, it’s hard work, but in the end, it’s worth every ounce of effort. It's the satisfaction of creating something that’s yours.
Being a crypto accountant is an emerging career field, and I’m excited to talk with someone who took the leap of faith when it was still brand new, 8 years ago.
I’m talking about Patrick Camuso, a well-respected and recognizable voice of the web3 industry.
He’s the founder of Camuso CPA, a full-service firm specializing in tax, accounting, and advisory services for web3 businesses.
✅ OUR RESOURCES
✨Become a confident Web3 Accountant with our weekly free newsletter: https://www.theaccountantquits.com/newsletter
🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto https://www.theaccountantquits.com/crypto-accounting-academy
✊ Follow The Accountant Quits on Socials
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👉 Twitter(X): https://x.com/accountantquits
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🎙️ Follow Episode Guest
Linkedin: https://www.linkedin.com/in/patrickcamuso/
X : https://x.com/PatrickCamuso
🎧 Website
For show notes and past guests, please visit theaccountantquits.com/podcast/
Topics Covered:
(0:00) Episode Intro
(2:38) Why did Patrick quit his job at Deloitte
(5:06) Launching a crypto accounting practice
(6:49) How Patrick closed his 1st clients
(8:59) Expanding from tax to accounting services
(11:53) Initial sales call with clients
(15:30) Crypto onboarding checklist
(17:43) Becoming a forensic accountant in web3
(21:02) Pricing - approach & learnings
(24:06) Hiring & onboarding team members
(27:25) Interview test with block explorers
(29:19) Hiring from the Philippines & Pakistan
(30:51) Team culture
(32:12) ROI on content creation
(35:56) Web2 tech stack like ClickUp, Karbon
(37:12) Sub ledgers & tax tracking tools
(40:29) Overview of CamusoCPA
(43:24) Onchain sales tax
(45:01) Get a copy of Navigating The NFT Sales Tax Maze
(46:22) If Patrick had to start all over again
(48:22) Patrick’s favorite quote
(49:51) How to contact Patrick
76 episod
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