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Meet Adam Margiotta of Etched

Today we’d like to introduce you to Adam Margiotta.

Hi Adam, thanks for sharing your story with us. To start, maybe you can tell our readers some of your backstory.
The path that led me here was pretty narrow at the start. Accountants are a fastidious bunch so the industry tends to be pretty well organized and that trickles all the way down to the college level. Many medium to large accounting firms actively recruit college students at their campuses which pulls the majority of accounting students into the industry which is the way it went for me. I was lucky enough to secure an internship at a national firm before the start of my final year and went on to work for that firm after I graduated. After about six years there, I quit to start my own practice. Now I work with small businesses and individuals on their accounting and tax matters.

Would you say it’s been a smooth road, and if not what are some of the biggest challenges you’ve faced along the way?
The tallest hurdle I had to clear was quitting that first accounting job. One of the reasons people start a career in accounting is an aversion to risk. If nothing else, it’s a field of stability and to leave that behind for the unknown was challenging. I’m sure many of my colleagues at the time considered it unnecessarily risky, if not foolish. Why start your own thing when there’s one right here just waiting for you to matriculate through?

I had very few of my own clients while I was contemplating leaving. I knew it wasn’t inevitable that I could build a sustainable practice but at a certain point, I knew I had to try. After marrying my wife, it’s the best decision I’ve made in life so far.

Thanks for sharing that. So, maybe next you can tell us a bit more about your business?
So many of us have a “side hustle” to make ends meet, pursue our dreams, or just to try something fun. The last thing I want is for the success of the side hustle to become a problem. I enjoy using what I know to allow writers, architects, therapists, chefs, and all manner of entrepreneurs to spend more time doing what makes them successful. The tax code and reporting requirements are intricate and complicated. I prioritize communicating these concepts in a digestible manner when working with clients. This empowers them with a better understanding of their financial position and allows them to devote more of their time to researching their next product, cultivating their new dish, and writing their next novel.

Alright, so to wrap up, is there anything else you’d like to share with us?
I like accounting so much I teach it too! I’ve been teaching accounting at local colleges and universities for a few years now and I’m still trying to decide whether it’s more fun for me when a client has a better understanding of their financial position or when a student grasps a tough accounting concept. Probably the latter, but it’s very close.

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