Not My First Guess

Becoming Business Barbie and Making Accounting Accessible for Founders: Featuring Rachel Harris

Hattie Willis Season 1 Episode 49

As well as being “Business Barbie” to her followers on instagram, Rachel Harris, is an award-winning content creator, author, speaker, business owner, and most importantly, an accountant extraordinaire. Named as one to watch on the 35 under 35 list and recently crowned as the First Intuition Apprenticeship Mentor of the Year for 2023, Rachel is a true breakout star in the accounting world.

Rachel's passion for empowering accountants and small business owners shines through in her remarkable journey. From building the thriving Accountant She  community of over 25,000 people to becoming the youngest-ever director and trustee of AAT, Rachel has been a trailblazer at every step. She’s also making an impact, including with her innovative corporate bursary scheme, launched in January 2023, fully funds aspiring accountants in financial hardship, providing them with the mentoring and support they need to succeed.

In this episode, we dive deep into Rachel's entrepreneurial journey and the invaluable lessons she's learned along the way. We'll explore:

  • The power of community-building and creating the support system you wish you had
  • What founders do and don’t need to worry about when it comes to accounts
  • The most efficient way to pay yourself as a founder
  • The importance of setting an “internal charge out rate” to value your own time both in the company and out of it
  • Approaches to valuing your company, and what Rachel looks for as an Angel Investor, and trains clients to prepare for in her mock “Dragons Den” investment readiness sessions

Links:

Rachel’s business StriveX:

Accountant_She Website:

Rachel’s Instagram:

People on this episode