Michael Doan

COO and Co-founder, Basis 365 Accounting

Writing on business, accounting, and building systems.

Writing

2026
  1. Taking Tasks Digital Again

    I took my task list analog this year with the Bullet Journal Method. Migrating tasks and running out of room for notes sent me back to digital, with a bot that manages my tasks in Apple Reminders.

  2. What Will You Trash, Transfer, or Trim Today?

    Whether you're running a business or chasing a better version of yourself, you must seek opportunities to rid yourself of things you shouldn't do.

  3. Two Types of CPAs

    There are two types of CPAs. Hiring the wrong one can prevent you from getting the insight your business needs.

  4. Claude + Obsidian, A Knowledge Base That Builds Itself

    How I built a self-maintaining knowledge base that links meeting notes, people, and initiatives automatically.

2025
  1. Better Decisions With Scenario Planning

    Outcomes are not binary. You’ll make better decisions when you consider more than two outcomes.

2024
  1. The Statement of Cash Flows

    The statement of cash flows shows where your cash came from and where it went. Here's how operating, investing and financing activities get you to your ending cash balance.

  2. The Balance Sheet

    The balance sheet isn't as popular as the profit and loss, but it's the most useful financial statement. Here's how assets, liabilities and equity fit together, and why it has to balance.

  3. The Profit and Loss Statement

    If financial statements held a popularity contest, the profit and loss would win. I think it's overrated. Here are its five sections, in plain English, and why detail is earned.

  4. The Three Basic Financial Statements

    Many small business owners don't have a good pulse on their business. Here are the three basic financial statements, what each one tells you, and why you review them together.

2023
  1. Simple Company Health Metrics

    Only a handful of financial metrics are needed to understand a company’s health.

  2. Your Expertise Doesn't Run a Business

    I thought I had the perfect background to run a business. I didn't. Your expertise is the present inside the box, but running a business means knowing how to build the box.

  3. Hire the Right Bookkeeper

    "My bookkeeper just quit, and I have two weeks to find a new one." Ask these three interview questions when you hire a bookkeeper, so that story doesn't become yours.

  4. Financial Statement Building Blocks

    Financial statements are made of small building blocks.

2022
  1. Make Your Bed

    The most straightforward lessons are sometimes the hardest to execute consistently.

  2. Huberman Live

    Podcasters can hold live events now too. My wife and I saw Andrew Huberman at The Wiltern, where he threaded one theme, the seesaw, through topics he can't connect on his podcast.

  3. Fifty

    My life didn't go according to plan. A boat out of Vietnam, a refugee camp in Malaysia, then America. Today I turn 50, and I can't imagine being luckier.