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Byron Patrick

Byron Patrick

Chief Executive Officer and Cofounder
Simplified Innovations Inc.
Washington, DC

 

When thinking about what direction to take in college after graduating from high school, Byron Patrick made a big mistake. He thought he had too many choices and wanted to narrow his options. So he chose accounting.

And he did everything but narrow his options.

As a CPA, Byron worked at several accounting firms – and he eventually decided to use his accounting skills to pursue another passion. Byron started his own technology company called Simplified Innovations Inc.

“My days are unpredictable, but there’s one constant – I depend on my experience and knowledge as a CPA to pull me through every day,” Byron says. “When I’m talking to the business owners who are my clients, I’m able to relate to the tough financial decisions they have to make. In fact, many of my clients are CPAs.” His background also helps him with his own business. “I’m able to prepare my own company’s financial statements for the bank. There really is no other profession that prepares you better for business.”

If you’re the entrepreneurial type, Byron has a special message for you: “Earn your CPA, get some experience, and just dive in. Because when you’re young, it’s a lot easier to put in the time it takes to start a business.”

If you want to keep your options open, it just might be worth making the same mistake Byron made.

Got questions of your own? Ask a CPA.

There really is no other profession that prepares you better for business.

Stats at a Glance

Years as a CPA: 13

Best job: Lifeguard, lots of fun plus lots of lessons learned that I have held onto

Worst job: Bus Boy at small Mexican restaurant. Loved the food but had to shower three times after work to smell clean again...also first lesson in payroll taxes (or lack thereof)

Hobbies outside of work: Coaching both daughter’s sports teams, being a Dad, Golf and Skiing on rare occasions time allows for it, tinkering on the computer

Pets: Cat named Dixie, African Frogs and Fish

Words to live by: "Enjoy everything you do, otherwise you won’t be giving your best."