The Hidden Costs Of DIY Payroll —Entrepreneurship Lessons With Charles Read, CPA Of GetPayroll At The End Of The Day podcast

The Hidden Costs of DIY Payroll —Entrepreneurship Lessons with Charles Read, CPA of GetPayroll

8d ago 37:35

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What if one of the biggest risks to your business wasn’t a bad product or poor marketing, but your payroll?

In this episode of At the End of the Day, host Chris Raimo sits down with Charles Read, CPA and founder of GetPayroll, for a revealing conversation that every entrepreneur needs to hear. With over 30 years of experience helping small and mid-sized businesses navigate the complex world of payroll and compliance, Charles brings both expertise and urgency to a topic many business owners overlook, until it’s too late.

Listeners will learn:

Why handling payroll in-house can silently drain your time, focus, and money
How misclassifying employees vs. contractors can trigger devastating IRS penalties
What real entrepreneurship looks like, and why delegation is a superpower
How GetPayroll goes beyond the numbers to act as a business safety net
The mindset shifts every founder needs to build lasting success

Charles shares hard-earned lessons from decades in the industry, along with powerful stories of business owners who learned the hard way. He also offers practical tips for staying compliant, scaling with confidence, and building a business that lasts.

Whether you're launching your first company or managing a growing team, this episode delivers the kind of straight-talking advice that could save you from costly mistakes.

Connect with Charles Reed:

Facebook: https://www.facebook.com/GetPayroll/

LinkedIn: https://www.linkedin.com/company/getpayroll

Twitter: https://twitter.com/getpayroll

Youtube: https://www.youtube.com/channel/UCxs-_RwC9NgfUcqbwvEaMIQ

Instagram: https://www.instagram.com/getpayroll

Use discount code" PODCAST" When purchasing the book: https://www.amazon.com/Payroll-Book-Guide-Businesses-Startups/dp/111970443X

Connect with us – The Fire in Me Community
Website: https://thefireinme.com/
Email: [email protected]

👉 Subscribe to "At The End Of The Day" for more raw and real conversations about entrepreneurship. Share this episode with a business owner who’s building both a legacy and a life.

Chapters

1. The Hidden Costs of DIY Payroll —Entrepreneurship Lessons with Charles Read, CPA of GetPayroll (00:00:00)

2. Welcome to At the End of the Day (00:00:16)

3. Meet Charles Reed (00:01:23)

4. Navigating Payroll and Tax Challenges (00:03:04)

5. The Importance of a Payroll Guide (00:04:21)

6. Writing the Next Entrepreneurial Books (00:05:16)

7. Working with Spouses in Business (00:06:23)

8. Understanding Franchise Dynamics (00:07:22)

9. Defining Success as an Entrepreneur (00:10:00)

10. The Long Game in Entrepreneurship (00:11:38)

11. Going the Extra Mile (00:13:27)

12. Building Client Loyalty (00:14:48)

13. The Value of Exceptional Service (00:16:20)

14. Payroll Basics for Entrepreneurs (00:18:38)

15. Understanding Worker Classifications (00:20:31)

16. Staying Compliant with Regulations (00:28:06)

17. Avoiding Tax Fraud Consequences (00:29:32)

18. The Hardest Part of Entrepreneurship (00:30:07)

19. Learning to Delegate (00:31:40)

20. Characteristics of Successful Entrepreneurs (00:33:25)

21. The Sleepless Nights of Entrepreneurship (00:34:19)

22. Final Advice for Aspiring Entrepreneurs (00:35:15)

23. Connect with GetPayroll Services (00:36:04)

14 episodes