Bill Von Fumetti, CPA and his online course, Booming Bookkeeping Business are giving budding entrepreneurs an edge by helping them launch their own bookkeeping businesses. And it has paid off – many of their students have gone on to achieve earning milestones of over six figures annually.
The truth is: the path to entrepreneurship isn’t always linear, and it’s fraught with challenges. According to Global Entrepreneurship Monitor, there are 31 million entrepreneurs in the U.S., which is about 16 percent of the adult workforce. Despite these stats, about a fifth of small businesses will fail within their first year.
While the prospects aren’t always in favor of the entrepreneur, having access to valuable mentorship and resources can increase your chances of success.
That’s why Bill Von Fumetti has made mentorship a priority in Booming Bookkeeping Business. By allowing his students to lean on him, he was able to achieve a greater success outcome with thousands of students.
While success in Booming Bookkeeping Business depends on the individual student, having a mentor to guide you on how to be successful is much better than starting without assistance. The data also proves that having mentorship is vital to the success of a small business.
Kabbage Inc. a global financial services, tech and data company, surveyed more than 200 small businesses throughout the US to understand the importance of mentorship to small business owners.
The findings revealed that only 22 percent of small business owners had mentors when they started, yet 92 percent of them agree that mentors have a direct impact on the growth and survival of their business. This disparity is something that needs to be resolved to produce more successful entrepreneurs.
That’s why Bill Von Fumetti created Booming Bookkeeping Business – to help people become successful bookkeepers regardless of their experience or education. The mentorship included is essential to the success of students, and the course provides access to Von Fumetti himself.
Ann McPherson is one of Bill’s students, and she replaced her income after losing her job by enrolling in Booming Bookkeeping Business. Making over $75,000 per year, she shared her experience on the Booming Bookkeeping Business website, and spoke to the importance of Von Fumetti’s mentorship.
“Like many others, I lost my job and had no hope of replacing my salary in a COVID economy. I was in a massive panic,” says McPherson.
“My heart’s desire was to work from home.”
McPherson says after her first interview, she realized she didn’t have all the skills she needed to acquire a bookkeeping position. One of the skills she needed was QuickBooks Online.
After enrolling in Booming Bookkeeping Business, McPherson was able to acquire those skills, and even work for herself as a successful bookkeeper. She says it wouldn’t have been possible without the mentorship and help along the way.
To date, Booming Bookkeeping Business has helped over 7,000 people start profitable bookkeeping businesses worldwide.
So, what inspired Bill Von Fumetti to create the course?
Before starting Booming Bookkeeping Business, Bill Von Fumetti led an ordinary life, but always knew he was destined for something greater. By the time he was in his late 30s, Bill was bouncing around from job to job.
“I had little to no savings and wanted to fulfill my own goals,” says Bill Von Fumetti.
While working as the general manager of a gym in Santa Monica, Von Fumetti had a conversation with the gym’s bookkeeper: She told him she worked from home and made $3,000 per month for doing their bookkeeping.
“I was just flabbergasted,” says Von Fumetti, “I started looking into it, and the more I looked into it, the more I realized, hey, this is legitimate work. It’s not like, get rich quick – it’s an actual skill that you could use to get clients.”
The stats also support the growing demand for bookkeepers. The value of the payroll and bookkeeping services industry in the U.S. exceeds $60 billion dollars, and it continues to grow.
Bill Von Fumetti, with this knowledge in mind, quit his job at the gym and learned bookkeeping.
With persistent, yet speedy work and effort, Von Fumetti began acquiring new clients and building a portfolio of happy customers. By finding the most effective marketing strategies, he was able to acquire new clients and he teaches his students how to do the same.
“I had success relatively quickly and, you know, it became a career for me and transformed my life,” says Bill Von Fumetti.
His success didn’t stop there. Soon, family and friends began to take an interest in what he was doing. Von Fumetti began teaching people how to become successful in bookkeeping as well. This was the beginning of Booming Bookkeeping Business.
“I thought, hey – maybe I can have a greater impact on people who have a genuine desire to learn this,” says Von Fumetti.
One of his priorities as a teacher is to allow his students to lean on him when they need support, which makes all the difference in the long-term success of his students.
Bill Von Fumetti launched Booming Bookkeeping Business to help those who were willing to learn. People who put in the time and effort to complete the course and implement its lessons have seen the highest level of success.
Seeing his students start their own businesses and support their families brings Von Fumetti a true feeling of fulfillment for leaving a positive impact on others.
Von Fumetti goes on to say that he’s grateful to his wife and children for supporting him during the process of building a successful and thriving business.
Von Fumetti concludes with an important message: it’s never too late to start your own business.