#196 Should I Invest £100,000 In Developing Software? episode artwork

EPISODE · Feb 8, 2025 · 23 MIN

#196 Should I Invest £100,000 In Developing Software?

from The Profitable Accountant Podcast · host Reza Hooda

In today’s episode, I’m doing something a little different—I’m thinking out loud and taking you through my decision-making process on a BIG business move I’m considering. 📌 The dilemma? Whether or not to invest £100K+ into developing my own pricing and proposal software for accountants. 🚀 In this episode, I break down:✅ How I evaluate big financial and business decisions✅ The risks and rewards of launching a software product✅ Why niching down and solving real problems is key to business growth✅ The role of AI in modern accounting practices This is a real behind-the-scenes look at my thought process—would you do it? Let me know what you think! ---------- If you’ve enjoyed my podcasts, here’s how you can get more value from me:  Free stuff  Get a free copy of my book   The Four Pillars from here Watch a short 8 min video on how you can win new clients whilst you sleep here Join 1500+ accountants owners in the Profitable Accountant Free Facebook group  My inner-circle  Join 150+ accounting firm owners in the Profitable Accountants Community (the PAC) to get access to the tools, training and tribe to help you grow your firm - without wasting time and money doing it the hard way. Join the PAC NOW! For larger sole practitioner firms wanting more support, direction and accountability, access the Profitable Accountants Mastermind including 1-2-1 access to me If you're going to create an account and use OnlineJobs.ph use my affiliate link here and i'll get a few pennies back in return to fund my coffee addiction 🙂 http://store.onlinejobs.ph/?aid=377675 To find out more about today's sponsors Apron click here: https://eu1.hubs.ly/H0c5wzF0

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#196 Should I Invest £100,000 In Developing Software?

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