EP191: Shrad Rao – Why You Need To Adapt To Scale Your Business

Ad Read: A lot of it is adaptation, right? You're trying to figure out how quickly you can get from point A to point B while knowing at some points you're going to take steps back. The real question is, can you take more steps forward than backward? You're listening to The Successful Bookkeeper with your host, Michael Palmer. Listen each week as inspiring guests share their secrets of success to help you increase your confidence work smarter, and build a business you love. This episode of The Successful Bookkeeper is brought to you by purebookkeeping.com, the proven system to grow your bookkeeping business. Welcome back to The Successful Bookkeeper Podcast. I am your host, Michael Palmer, and today's show is going to be an awesome one. Our guest is the CEO of payroll software company called Wagepoint. Shradd Rao, welcome to the show. Hey, thanks, Michael. It's great to be here. Thanks for having me. So maybe let's, uh, let's start off with telling us about your career journey leading up to this point. And, uh, so our listeners can get to know you a little bit.

Yeah, absolutely. So, Sort of, I always— I kind of have the same thing that I say on most of these podcasts, but I'm gonna share that with your listeners as well. I'm sort of one of those people who always wanted to be an entrepreneur, and I actually— I always knew I was going to. It was sort of like there was no choice. It's either this or a journalist or an Indiana Jones, you know, those were my options. And, uh, no one was hiring for an Indiana Jones, so I was like, yeah, this seems like a good other alternative. And yeah, so, so, you know, I grew up in Dubai, which is— I mean, that I was a teenager essentially, and then I I came to Canada when I was 19, didn't really know anybody, just sort of moved here to go to school at UNB. And then from there, I worked for a little while at various companies because I had to, because the rules at that time were very inflexible for people who wanted to do anything related to entrepreneurship. But as soon as I became an immigrant to Canada, which was somewhere in 2010, I believe, I basically, like, literally the next day, or well, figuratively the next day, I dropped my resignation and I basically said, I'm gonna, I'm gonna get started. So for me, I'm sort of one of those entrepreneurs, like, you know, that I don't fall in love with my product necessarily, but I fall in love with a problem and I desperately want to solve it. And payroll just seemed like one