Want To Earn $158K/Year By Starting a Simple Online Bookkeeping Business?

Booming Bookkeeping Business
6 Mar 202403:07

TLDRDiscover how to start a profitable online bookkeeping business using QuickBooks, a free program that's easy to learn even without a degree or math expertise. Bill Fedi has helped thousands earn over $100K annually, part-time from home. With high demand and over 5 million new businesses each year needing bookkeepers, this is a legitimate opportunity. Join the 5-day challenge to learn bookkeeping, set up a QuickBooks account, and acquire clients, potentially earning $158K/year.

Takeaways

  • ๐Ÿ’ผ Start a bookkeeping business to potentially earn $158K/year, even working part-time.
  • ๐Ÿ“š Learning QuickBooks, a free program, is essential for running a successful bookkeeping business.
  • ๐Ÿ‘จโ€๐Ÿซ Bill Fedi has helped over 3,000 people make money online with just a laptop and a free QuickBooks account.
  • ๐Ÿšซ No need for a degree, prior experience, or math expertise to start a bookkeeping business.
  • ๐Ÿ’ฐ Bookkeepers are in high demand, with new businesses requiring their services every year.
  • ๐Ÿ“ˆ A recent QuickBooks study shows bookkeeping business owners make an average of $76 per hour.
  • ๐Ÿ† Join the 5-day Bookkeeping Rich challenge to learn everything needed to start a bookkeeping business.
  • ๐Ÿ” Learn to do bookkeeping work inside of QuickBooks step by step during the challenge.
  • ๐Ÿ›  Use QuickBooks tools to ensure the accuracy of your bookkeeping work.
  • ๐Ÿ†“ Set up a free QuickBooks account designed for bookkeepers and accountants.
  • ๐Ÿ“ž Discover how to get clients and price your services effectively during the challenge.

Q & A

  • What is the potential annual income for someone starting an online bookkeeping business as suggested by Bill Fedi?

    -According to Bill Fedi, someone starting an online bookkeeping business can potentially earn $158,000 per year.

  • What program does Bill Fedi recommend for starting a bookkeeping business?

    -Bill Fedi recommends using a free program called QuickBooks to start a bookkeeping business.

  • Is it necessary to have a degree or prior experience to start a bookkeeping business as per the transcript?

    -No, according to the transcript, you do not need a degree, prior experience, or to be a math expert to run a successful bookkeeping business.

  • How many people has Bill Fedi helped to make money online with QuickBooks?

    -Bill Fedi has helped over 3,000 people make money online with QuickBooks.

  • What is the average hourly rate for bookkeeping business owners according to the QuickBooks study mentioned in the transcript?

    -The QuickBooks study mentioned in the transcript shows that bookkeeping business owners make an average of $76 per hour.

  • What is the demand for bookkeepers like currently, as described in the transcript?

    -The demand for bookkeepers is at an all-time high, with over 5 million new businesses starting every year, each needing a bookkeeper.

  • What is the '5-day Bookkeeping Rich Challenge' that Bill Fedi invites people to?

    -The '5-day Bookkeeping Rich Challenge' is a program where participants will learn everything they need to start a successful bookkeeping business over the course of 5 days, with an hour and a half each day.

  • What will participants learn during the '5-day Bookkeeping Rich Challenge'?

    -Participants will learn how to do bookkeeping work inside of QuickBooks, use the tools to ensure accuracy, set up a free QuickBooks account, get clients, price their services, and handle conversations with prospects.

  • Is there a free version of QuickBooks available for bookkeepers and accountants as mentioned in the transcript?

    -Yes, there is a free version of QuickBooks available specifically for bookkeepers and accountants, which includes everything needed to run a bookkeeping business.

  • How can someone register for the '5-day Bookkeeping Rich Challenge'?

    -To register for the '5-day Bookkeeping Rich Challenge', one should click the button provided with the video.

Outlines

00:00

๐Ÿ’ผ Start a Lucrative Bookkeeping Business

The video script introduces an opportunity for individuals to start a bookkeeping business with the help of QuickBooks, a free program that simplifies the process. The speaker, Bill Fedi, emphasizes that no degree, prior experience, or math expertise is required to run a successful bookkeeping business. He claims to have helped over 3,000 people earn significant income online with just a laptop and a QuickBooks account, many of whom are making over $100,000 per year. The script highlights the benefits of working in bookkeeping, such as the ability to work part-time and still earn a six-figure income, and the high demand for bookkeepers due to the large number of new businesses starting each year. Bill invites viewers to participate in a 5-day challenge to learn everything needed to start a bookkeeping business, including using QuickBooks, getting clients, and pricing services.

Mindmap

Keywords

Bookkeeping Business

A bookkeeping business involves the management of financial records for individuals or companies. It is a service that helps track income and expenses, ensuring that financial data is accurate and up-to-date. In the video, the presenter suggests that starting a bookkeeping business can lead to earning a significant income, such as $158,000 per year, by using QuickBooks software.

QuickBooks

QuickBooks is a widely used accounting software package that simplifies the process of bookkeeping for small and medium-sized businesses. It allows users to manage their finances, including invoicing, expenses, and payroll. The script emphasizes that QuickBooks is easy to learn and is a key tool for starting a successful bookkeeping business, with a free version available for bookkeepers and accountants.

Six Figures

The term 'six figures' refers to an annual income ranging from $100,000 to $999,000. In the context of the video, it is used to highlight the potential earnings from a bookkeeping business, suggesting that with the right skills and tools, one can achieve a high income working part-time or full-time.

Part-Time

Part-time work refers to employment that requires fewer hours than a full-time job. The video suggests that it's possible to earn a six-figure income by working part-time in a bookkeeping business, indicating flexibility in work hours and the potential for high earnings without full-time commitment.

Free Program

A 'free program' in this context refers to software that is available at no cost. The script mentions QuickBooks as a free program that can be used to start a bookkeeping business, emphasizing the low barrier to entry for this type of business venture.

Degree

A degree is an academic qualification awarded by a college or university. The video states that a degree is not required to run a successful bookkeeping business, suggesting that the necessary skills can be acquired through learning and experience rather than formal education.

Math Expert

A 'math expert' is someone who is highly skilled in mathematics. The script clarifies that being a math expert is not a prerequisite for a bookkeeping business, indicating that the skills needed for bookkeeping can be learned by anyone, regardless of their mathematical background.

Legitimate

When something is described as 'legitimate,' it means it is legal, recognized, and respectable. The video uses this term to describe bookkeeping as a credible profession that offers valuable services to small businesses.

Demand

Demand refers to the quantity of a product or service that consumers are willing to buy at a certain price. The script mentions that the demand for bookkeepers is at an all-time high, indicating a strong market for bookkeeping services.

5-Day Keyboard Rich Challenge

The '5-Day Keyboard Rich Challenge' is a program mentioned in the video that promises to teach participants everything they need to know to start a bookkeeping business within five days. It is an intensive training program designed to equip individuals with the skills to earn income quickly.

Pricing Services

Pricing services involves determining how much to charge for the services provided. The video mentions that participants will learn how to price their bookkeeping services, which is crucial for setting the right fees and ensuring profitability.

Highlights

Earn up to $158K/year with a simple online bookkeeping business.

Learn to use the free program QuickBooks for bookkeeping.

No degree or prior experience needed to start a successful bookkeeping business.

QuickBooks is easy to learn and suitable for non-math experts.

Bill Fedi has helped over 3,000 people make money online with QuickBooks.

Bookkeeping is a legitimate and respected profession.

Bookkeepers provide valuable service to small businesses.

Bookkeeping business owners make an average of $76 per hour.

Demand for bookkeepers is high with over 5 million new businesses starting each year.

Join the 5-day Bookkeeping Rich challenge to learn everything needed to start a business.

The challenge includes learning bookkeeping work inside of QuickBooks.

Learn to use QuickBooks tools to ensure the accuracy of your work.

Set up a free QuickBooks account specifically for bookkeepers and accountants.

Discover how to get clients even if you're new to the field.

Learn how to price your services and know how much to charge new clients.

Understand how to handle conversations with prospects to convert them into paying clients.

Register for the challenge to start earning income during the week.

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