Welcome to the LexDiscuss Cafe! In this invigorating episode, host Avinash Tripathi sits down with the multi-talented Jatin Goyal — a CA, All India Rank Holder, Accounts Outsourcing expert, Social Auditor (ISAI), and QuickBooks & XERO Certified pro. Together, they unravel the intricate threads of business, law, regulations, and the fascinating world of blockchain technology. ☕🌐
Meet Jatin Goyal
Get ready to be inspired! Jatin Goyal shares his remarkable journey, from accolades to audacity, and how he’s making waves in the financial and tech realms. 🌟 His story is one of dedication and innovation, setting a benchmark for aspiring professionals.
Earning in USD, Spending in INR
Jatin spills the beans on landing foreign clients and optimizing currency exchange. A lighter take on serious matters! 💰 He provides practical tips on managing finances when dealing with international clients and how to make the most out of currency conversion.
Bookkeeping and Tax Challenges Abroad
Explore the complexities of managing finances beyond Indian borders. How does Jatin stay updated with global laws and regulations? 🌎 He delves into the challenges and strategies for maintaining compliance with varying tax laws across different countries.
Ticket Size for New Firms
What’s the sweet spot for startups working with Indian and foreign clients? Jatin breaks it down. 💼 He discusses the ideal project sizes and the financial strategies that can help startups scale effectively while maintaining profitability.
Audits and Entrepreneurship
When should young entrepreneurs start worrying about audits? Jatin shares insights into third-party scrutiny. 🔍 He explains the importance of audits, when to expect them, and how to prepare for them to ensure business compliance and credibility.
Crucial Compliance Regulations
Every budding entrepreneur needs to know these! Jatin unveils the must-follow rules for staying on the right side of the law. ⚖️ He highlights essential compliance areas that startups often overlook, providing a checklist to ensure legal and regulatory adherence.
Blockchain Adventures
Jatin’s journey into blockchain tech—how did he dive in, and what use cases caught his attention? 🚀 He narrates his experiences with blockchain technology, from initial curiosity to practical implementations and the potential it holds for transforming various industries.
Blockchain’s Problem-Solving Potential
Discover the magic of blockchain—where it shines, where it stumbles, and the problems it can solve. 🔐 Jatin discusses the real-world applications of blockchain, its strengths and limitations, and its future prospects in solving complex business challenges.
Rapid-Fire Round
– Coffee or tea? ☕
– Favorite accounting software (besides Xero and QuickBooks)? 📊
– Historical figure’s finances to audit? 🕵️♂️
– Financial tip for budding entrepreneurs? 💡
– Cats or dogs? 🐱🐶
Advice for Upcoming Entrepreneurs
Jatin’s golden nuggets for those chasing their dreams. Listen up, future trailblazers! 🌠 He shares practical advice and motivational insights for budding entrepreneurs, emphasizing the importance of resilience, innovation, and strategic planning.
First CA and Legal Counsel
When should startups make these crucial hires? Jatin weighs in. 🤝 He outlines the key stages in a startup’s growth when hiring a Chartered Accountant and a Legal Counsel becomes essential for managing financial health and ensuring legal compliance.
Don’t miss this caffeinated conversation that blends expertise, curiosity, and a dash of blockchain magic! 🎧✨
Disclaimer: The views expressed in this podcast are those of the participants and do not constitute professional advice.
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