011: Chris Carmona CPA – Building a Firm and the Importance of Family

Chris Carmona, partner at Schriver Carmona and Company, was my guest for this episode of Life In Accounting.

“Do you want to buy a practice?”

Chris started Schriver Carmona and Company in 2010 when he was contacted by his now partner, Derek Schriver, by email asking him if he was interested in going in together to buy a practice from a sole proprietor that was retiring. Six months, and one SBA loan later, Chris and Derek were in business.

“Knowing how to run a business”

One of the insights that Chris shares in the interview is that although technical proficiency is obvious important in the accounting profession, knowing how to actually run a business is at least as important once you take the step to go out on your own. Personnel issues, strategy issues, and creating the culture you want become front of mind as you work towards growing the firm of your dreams.

Family

Chris credits much of his success to his positive family role models – his grandfather and his uncle. His grandfather was positive role model with respect to being a great encourager throughout life, and his uncle Mark Carmona has been a prime example of achieving balance between all the aspects of life that you hold dear.

Engagement advice…

I don’t want to spoil the story, but if you don’t listen to the end you will be missing out on a great story of how Chris approached proposing to his wife. It’s not exactly a blueprint of the perfect proposal, but it’s a story you certainly don’t want to miss.

Non-profit interest

Chris has been involved in the non-profit community for a while, and if you would like information on the two organizations he specifically mentions in the show please visit KIPP or Guide Dogs of Texas. He can also be contacted at [email protected].

Until next week… there’s more to come!

Mark Goldman CPA
President – Where Accountants Go
www.WhereAccountantsGo.com
[email protected]

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