LinkedInEddy Hood

Eddy Hood

CEO of Ignite Spot Accounting Services and Author of The 8-Week Startup

Location
Greater Salt Lake City Area
Industry
Accounting
Current
  1. Ignite Spot
Previous
  1. Dashboard Accountants,
  2. Child, Van Wagoner, & Bradshaw,
  3. Destination Homes
Education
  1. Weber State University - John B. Goddard School of Business
Recommendations5 people have recommended Eddy
Websites
500+connections

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500+connections
Ignite Spot

Ignite Spot

CEO

Starting

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Background

Summary

I love what I do. I make business owners profitable, and I put more cash in their bank accounts to help them grow their companies. To me that’s fun.

I am the CEO and founding partner of Ignite Spot Outsourced Accounting Services. At the core of what we do, I truly want our clients to grow (Ignite) because they have a stellar accounting solution with us. I want them to see increased profits, more cash in the bank, and a clearer picture of what lies ahead. In short, our company manta sums up how we feel.

“We’re the accountants addicted to growing your business.”

Before I started the company, I worked as an auditor focusing on governmental projects and SEC companies. I was sitting in my office one day auditing a company out of Salt Lake City, Utah when I realized that they had $50,000 less cash than their accountant had reported. I remember the day that I told the CEO. The shock of the news nearly destroyed him. I went home that night amazed that so many businesses I had audited were trying to function on such poor accounting support. After so many discussions like that, I decided to leave the CPA firm I was working for and address the issues that I had discovered.

Ignite Spot was started out of my home, and due to the wonderful response from our clients around the country, we are now a nationwide brand and franchise. We are also one of the largest outsourced accounting departments in the country. We have our clients to thank for that, and we will never forget it.

Outside of work, I love jeeping. If I’m ever on vacation, I'm always in Moab driving on the rocks. In addition, I've written a book called The 8-Week Startup, seen the greatest castles in Wales and England, and my favorite ride at Disneyland is The Haunted Mansion.

Finally, I'm a relationship guy. So, when you visit my profile or connect with me, do more than just connect. Send me a message and let me know what I can do to help you reach your goals.

WATCH OUR CUSTOMER VIDEOS TO SEE WHAT WE DO!

Experience

CEO

Ignite Spot
– Present (7 years)Layton, UT

We are small business growth addicts. We provide outsourced accounting services and then use that financial information to build businesses and Ignite them to the next level.

CEO

Dashboard Accountants
(3 years)

Dashboard Accountants is a company that provides full service bookkeeping, payroll, job costing, etc. along with online dashboard reports for the CEO to review anytime.

Auditor

Child, Van Wagoner, & Bradshaw
(1 year)

I had the privilege of helping business owners in both private and public companies understand and improve their financial performance. As the auditor, I was responsible for testing the accuracy of their financial statements, uncovering errors, and making suggestions for improvement.

Accountant

Destination Homes
(3 years)

My main responsibilities at Destination Homes were forecasting cash flows and tracking all revenue and costs to each of the homes that we were building.

I focused on providing the CEO with a weekly report on the financial position of the company.

Publications

The 8-Week Startup(Link)

Amazon
September 2012

The 8-Week Startup is a series of 40 workshops designed to help you uncover your best ideas and turn them into a profitable business in just 8 short weeks.

It’s a field guide for every future entrepreneur who’s itching to start a business. It will walk you through everything from building your website, to setting up bank accounts and even firing your boss. If you’re tired of riding the cubicle wave, pick up this book and get started now.

See what other entrepreneurs are saying:

“What an incredible book. I’ve owned my own business for some time, and after listening to The 8-Week Startup, I’m genuinely surprised that I made it this far without it”. -Aaron Fisher

“This book is no gimmick. It’s direct and to the point. It guides you on an 8-week program to fulfill your dreams. How do I know? I’m using it right now to start my photography business. Trust me… It works.” -Yohoswah

“This is fantastic! The knowledge and insight that Eddy has in starting a business is amazing. He really understands the small business owner. He knows the ins and outs of pretty much every aspect of running a company”. -Jed Ivie

Projects

Case Study of Ignite Spots Work(Link)

Starting

See how Ignite Spot has helped Veridics go from startup to $80 Million in annual revenues in just a few short years. In fact, they have even been listed on the Inc 5000!

Team members:

Skills

Education

Weber State University - John B. Goddard School of Business

MBA, Business Administration and Management, General

University of Utah

BA in Accounting, Accounting

Northridge High School

Interests

  • Growing businesses
  • Jeeping in Moab
  • and cooking on the grill.
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