EP517: Teresa Slack - The Road To A Million-Dollar Bookkeeping Business - Part 2

"We can do hard things even though you're afraid, even though you don't know if it's going to work. You have to try. You have to do different things and you will fail. And that's part of the growth. Part of the learning is to not be afraid to take that leap." –Teresa Slack In part two of this four-part series, Teresa Slack, co-founder of Financly Bookkeeping Solutions, shares the breaking point that forced her and her sister to reset their firm. With the business no longer working, they made hard calls that led to Financly 2.0, including letting staff go, rebuilding client trust, and investing money they didn't have into systems, coaching, and pricing education. In this episode, you'll learn: How poor hiring & hourly pay created bigger losses as the firm grew The difference between fixed pricing & true value pricing How investing in systems &coaching changed how they viewed their value To learn more about Teresa, click here and email her at teresa.slack@teresaslack.ca . Connect with her on LinkedIn . Learn more about Pure Bookkeeping .

You can listen to EP517: Teresa Slack - The Road To A Million-Dollar Bookkeeping Business - Part 2 online on Radio and Podcast. Open the player on this page to stream the available audio.

EP517: Teresa Slack - The Road To A Million-Dollar Bookkeeping Business - Part 2 is an episode from The Successful Bookkeeper Podcast by Michael Palmer.

This episode is 16:17 long.

This episode was published on Feb 10, 2026.

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