Monday Dec 25, 2023

Ep 29: Master Your Finance: Uroš Lovišček

Rewrite Your Life Story Podcast

Episode 29: Master of Finance with Uroš Lovišček

 

Let's talk about money – not just earning it, but being smart about it. In a world where things change fast, being good with money is like having a secret superpower. It’s about backing your dreams, so if you want to scale and grow rapidly you have to understand finance!

 

In this episode, we sit down with Uroš Lovišček from Optitax Financials. He shares his journey from selling dirt as a kid to starting his own accounting firm. Uroš talks about overcoming challenges during the recession and building his tax advisory practice. He emphasizes networking, joining BNI chapters, and presenting yourself professionally to attract clients. Uroš impressively projects confidence in areas where he initially lacked expertise, landing lucrative business opportunities.

 

Uroš shares how he started his own accounting practice, separate from his dad's business, and how it evolved into an equal partnership. He gets real about personal growth, fitness, and staying sharp for business. Uroš also shares insights from his book, "Master of Finance," to make you a money whiz.

 

Uroš dives into important business topics like structures, cash flow, and numbers. He talks about common mistakes entrepreneurs make due to poor planning and knowledge in these areas.

 

Uroš opens up about juggling being a business owner and a father, finding that balance between work and family. Tune in for a laid-back chat about business and life with Yorosh and Arush!

 

Join us for inspiring insights on success, discover your strengths, dream big, and take daily steps toward a brighter future in entrepreneurship and resilience!

 

Episode Highlights:

  • Uroš childhood as an entrepreneur selling dirt.
  • Establishment of his own accounting firm.
  • Struggles faced during the recession.
  • Starting a solo tax advisory practice from scratch.
  • Uroš emphasizes the importance of networking.
  • Uroš' approach to presenting himself confidently as an expert.
  • Collaborating with his father’s business.
  • Uroš highlights the significance of personal development.
  • Uroš points out three common mistakes
  • Uroš' Book - "Master of Finance"
  • Importance of understanding business structures, financial statements, and cash flow for business success.
  • Highlighting the common problem of entrepreneurs lacking proper planning and knowledge in key business areas.

 

About Uroš Loviscek

Uroš Loviscek, from Slovenia, Europe, is a proud father of two boys and a seasoned business owner. His entrepreneurial journey began at the age of 5, selling dirt door-to-door.

 

At the age of 15, Uroš started assisting in his father's Accounting Firm while simultaneously working as a karate and snowboard instructor.

 

Establishing his first company for car care logistics at the age of 20 with two friends, Uroš saw initial success with a couple of major corporate clients. However, the year 2008 brought challenges. Subsequently, he earned his bachelor's degree in Taxes, leading to the establishment of his solo tax practice from the ground up. Throughout this period, he remained actively involved in a family-owned enterprise.

 

In 2019, fueled by his passion for cars, Uroš invested and assumed the roles of stakeholder and CEO in a company producing carbon fiber parts for Lamborghini and Ferrari racing departments. Unfortunately, this venture turned out to be a scam, despite the legitimacy of the business.

 

Networking within the tax-accounting sector paved the way for a strategic joint venture with a mortgage broker, expanding tax-accounting into a comprehensive financial consulting group.

 

Since 2020, Uroš has played a pivotal role in developing hundreds of projects for clients. In 2022, he successfully extended his consulting business to international clients. The year 2023 commenced with a significant achievement — the launch of his inaugural best-selling book, "Master of Finance." Crafted with the intent to assist business owners in understanding the financial aspects of their enterprises, the book underscores Uroš Loviscek's commitment to empowering fellow entrepreneurs.

 

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