Gene Platt is the owner and hands-on owner CPA of E. Eugene Platt CPA and Associates.
Gene has a love and passion for numbers and how they make businesses work – or don’t work. Gene discovered this passion for numbers at an early age. In his early school years there was an exploratory class offered on bookkeeping and he took an immediate shine to it. He started helping a store owner manage his books, and it was here that he discovered his passion. At college, all of his accounting class were a snap and he graduated at the top of his class. Gene passed his CPA examination in 1972 with a vision of helping small business’ and professionals solve their accounting and tax obstacles.
10,000 hour rule vs. 76,000 hours
In the book Outliers: The Story of Success written by Malcolm Gladwell, he repeatedly mentions the “10,000-Hour Rule”, claiming that the key to success in any field is, to a large extent, a matter of practicing a specific task for a total of around 10,000 hours. He also outlines that “An expert differs from the specialist in that a specialist has to be able to solve a problem and an expert has to know its solution.” The hallmark of what Gene can do with accounting is intuition: he can just do what works — no explicit analysis or planning is involved. He can effortlessly identify patterns with regards to your accounting situation, and provide an effective solution. That solution is then either handled by himself or delegated to his staff of competent CPA’s, but always under his watchful eye
Fortune Magazine reveals what it takes to be great:
“So greatness isn’t handed to anyone; it requires a lot of hard work. Yet that isn’t enough, since many people work hard for decades without approaching greatness or even getting significantly better. What’s missing?
The best people in any field are those who devote the most hours to what the researchers call ‘deliberate practice.’ It’s activity that’s explicitly intended to improve performance, that reaches for objectives just beyond one’s level of competence, provides feedback on results and involves high levels of repetition.
For example: Simply hitting a bucket of balls is not deliberate practice, which is why most golfers don’t get better. Hitting an eight-iron 300 times with a goal of leaving the ball within 20 feet of the pin 80 percent of the time, continually observing results and making appropriate adjustments, and doing that for hours every day – that’s deliberate practice.”
Gene also has an ability to envision solutions, then make it happen with his staff.
When a client comes to visit Gene, a lot of times there is a major question on how to handle a business or tax situation. Gene listens, asks a few questions to gain a perspective, and then within 10 or 15 minutes, he has a handle on the solution and can offer several different directions for the client to move towards. He outlines a direction to move and taps into the different expertise of the staff CPA’s.
Whatever your tax or accounting situation E. Euene Platt & Associates has the expertise that you need to meet the ever changing accounting and tax landscape. Give us a call and make an appointment to chat with Gene – he is assessable and friendly.