Oct 12, 2026 · 55 min · 15 segments
Send us Fan Mail **Summary** In this conversation, Bill Peterman shares his journey from banking to establishing his own financial planning…
Bill PetermanGuest
Nathan BoyleGuestRobert FerriellHostSo what was that first hire? You did 75 returns and you said you got up to four or 500.

know, the question is asked because as a business owner, you know, that's a big deal.

My first hire was a part-time person to answer the phones, you know, but tell you what I've learned a lot.

I'm sure as you can imagine, is that the hiring people, like I hired an admin person and And then I was hiring another CPA to start helping me do work because I went from 75, I'm sure a few hundred the next couple of years.

Sometimes you can't see that you have the dollars for it, but you got to do it anyway.

You think, okay, if I'm going to hire somebody for 50 grand, I got to have 50 grand in my bank account.

And I will tell you, at least in my experience, and maybe some advice for small business people starting out, hire sooner than you think.

And I've learned now over the years, I have no problem hiring people now because I know what it does for your practice and your growth.
I mean, that's the only way you're going to scale your business is through those people.
So what was that first hire? You did 75 returns and you said you got up to four or 500.

know, the question is asked because as a business owner, you know, that's a big deal.

My first hire was a part-time person to answer the phones, you know, but tell you what I've learned a lot.

I'm sure as you can imagine, is that the hiring people, like I hired an admin person and And then I was hiring another CPA to start helping me do work because I went from 75, I'm sure a few hundred the next couple of years.

Sometimes you can't see that you have the dollars for it, but you got to do it anyway.

You think, okay, if I'm going to hire somebody for 50 grand, I got to have 50 grand in my bank account.

And I will tell you, at least in my experience, and maybe some advice for small business people starting out, hire sooner than you think.

And I've learned now over the years, I have no problem hiring people now because I know what it does for your practice and your growth.
I mean, that's the only way you're going to scale your business is through those people.
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