{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5ab6fe42bb6ddf45527e077e/5ff635dcc0fcf079c6f8273b?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Xendoo with Lil Roberts | E157","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5ab6fe42bb6ddf45527e077e/1609970716602-f18d3c6a31d7d522b9dbcd887b372c55.jpeg?height=200","description":"<p>In this 157th episode of Fintech Impact, Jason Pereira, award-winning financial planner, university lecturer, writer, and host interviews Lil Roberts, CEO of Xendoo, an online accounting firm that aims to serve small businesses by simplifying the bookkeeping process!</p><p><br></p><p>Episode Highlights:</p><ul><li>0:32 – Lil Roberts introduces Xendoo and its mission.</li><li>0:56 – What was the inspiration behind the creation of Xendoo?</li><li>1:36 – Lil shares her journey that led to the creation of Xendoo.</li><li>3:22 – Jason and Lil talk about the importance of knowing your numbers when it comes time to scale.</li><li>5:56 – Lil and Jason discuss the competition in the accounting industry.</li><li>8:28 – Jason and Lil dive into the low bar of understanding for what people should expect from their accountant.</li><li>11:40 – Lil explains why the concept of dropping off your paperwork is one of the past.</li><li>13:48 – What tools are in Xendoo’s tech stack and why were those chosen?</li><li>17:00 – Jason and Lil talk about the importance of being organized with your tax paperwork.</li><li>18:45 – How much fun is it to make these tools work together nicely?</li><li>20:42 – Jason discusses the digital lessons that have been taught by COVID.</li><li>22:03 – What kind of feedback is Lil hearing from Xendoo’s clients?</li><li>23:47 – If Lil could change one thing about the accounting industry, what would it be?</li><li>26:22 – What has been Xendoo’s biggest challenge during its growth?</li><li>27:04 – Lil discusses what motivates her to get up every day.</li></ul><p><br></p><p>3 Key Points</p><ol><li>As a serial entrepreneur, Lil Roberts hated that bookkeeping and accounting services were slow, expensive, and provided little transparency.</li><li>Online bookkeeping and accounting services account for less than 1% of the industry as a whole.</li><li>The days of dropping off your paperwork to your accountant are over. Everything is done online now and this helps business owners</li></ol><p><br></p><p>&nbsp;Tweetable Quotes:</p><ul><li>“No one gets in the business to do your bookkeeping unless you’re a bookkeeping business.” – Jason Pereira</li><li>“I’m not concerned about the people that are doing the exact same thing that I’m doing; I’m concerned about the person doing something different that I’m not directly benefitting from.” – Jason Pereira</li><li>“The magic does not happen after the year is over; the magic happens through the year.” – Jason Pereira</li><li>“I can’t tell you how many times that we have seen somebody transpose numbers.” – Lil Roberts</li></ul><p>&nbsp;</p><p>Resources Mentioned:</p><ul><li><a href=\"https://www.facebook.com/jason.pereira\" rel=\"noopener noreferrer\" target=\"_blank\">Facebook</a> – Jason Pereira’s Facebook</li><li><a href=\"https://www.linkedin.com/in/pereirajm?trk=org-employees_mini-profile_title\" rel=\"noopener noreferrer\" target=\"_blank\">LinkedIn</a> – Jason Pereira’s LinkedIn</li><li><a href=\"https://www.fintechimpact.co/\" rel=\"noopener noreferrer\" target=\"_blank\">FintechImpact.co</a> – Website for Fintech Impact</li><li><a href=\"https://jasonpereira.ca\" rel=\"noopener noreferrer\" target=\"_blank\">JasonPereira.ca</a> – Sign up for Jason Pereira’s newsletter</li><li><a href=\"https://www.woodgate.com/\" rel=\"noopener noreferrer\" target=\"_blank\">Woodgate.com</a> – Website for Woodgate Financial</li><li><a href=\"https://xendoo.com/\" rel=\"noopener noreferrer\" target=\"_blank\">Xendoo.com</a> – Website for Xendoo</li><li><a href=\"https://www.xero.com/us/\" rel=\"noopener noreferrer\" target=\"_blank\">Xero</a></li><li><a href=\"https://quickbooks.intuit.com/\" rel=\"noopener noreferrer\" target=\"_blank\">QuickBooks</a></li><li><a href=\"https://www.theinformation.com/articles/the-coming-of-the-human-knowledge-work-cloud\" rel=\"noopener noreferrer\" target=\"_blank\">The Coming of The Human Knowledge – Work Cloud</a> – Article by Sam Lessin</li></ul><p><br></p>","author_name":"Jason Pereira"}