dawit-aynachew-kbmd

“Everything we want to do in life starts with who we are.” – Dawit Aynachew, founder/partner of KBMD

Describe your company and mission? KBMD is a team of seasoned professionals focused on effectively and efficiently carrying out the public trust placed on CPAs and facilitate opportunities for the creation and maintenance of wealth for our external and internal customers. We provide certified public accounting services, and are one of the very few AICPA members in Nashville that are also members of the Governmental Audit Quality Center of the association.

 

What inspired you to start KBMD? Everything we want to do in life starts with who we are. One of my partners is my sister and I met my other partners while working in the accounting field.  As immigrants, each of us saw how businesses were changing in Africa. There was a great need for our culture to  provide these types of services in our country and beyond. I don’t think most people realized that CPAs are a very US thing but only 1% of CPAs are people of color. So, we decided to form KBMD to provide accounting services and also help other immigrants from Africa looking to get into the financial sector. Africa is a wealthy country but the people who are benefiting are not Africans. We wanted Africans and African Americans to be a part of the entire economy. It is difficult work to do but we are passionate about our mission.  

 

What makes KBMD unique and different than other accounting firms? Our firm provides all of the core accounting and financial services; however, what makes us different is our social impact component. We inspire immigrants looking to become CPAs and give them an opportunity to study for their certification under our organization. For many, the perception is that if you don’t work for one of the big 4 firms it is very difficult to get into this field. We help to remove those misconceptions and provide real opportunities for people to create a career.

 

Are you a Nashville native? No. I left my country when I was a teenager, as Ethiopia was a communist country. There was  killing in the streets and many ugly things happening that I wanted to escape. I moved to Kenya and several other countries in Africa before coming to the United States. My first job was at a yarn company making $3.80 per hour. This was actually an important lesson that led me to realize that I needed schooling in order to be successful. I attended school in North Carolina and Alabama, before moving to Nashville in 1993. My first job was with the State of TN working under the supervision of a CPA until obtaining my licensing in 1995.

 

Why Nashville to start your business?  Unlike the rest of TN, Nashville has a level of diversity. People are more accepting and have a desire to mingle with different cultures, which provides a great opportunity for us. Also, the number of people moving to the city from other parts of the country each day is very encouraging.

 

What does your typical day consist of? Balancing multiple client needs and growing your business?  My ideal day really includes the challenge of staying away from emails (lol). Communication and documentation pretty much sums up our day.  I normally start my day by checking emails, as the goal is to always ensure communication is top notch with your clients. Then, I normally dive into each of our clients needs at the time. Our work is diverse so I could be working on taxes, an audit review or other time sensitve projects. The main thing is making sure to always review and know your schedule so that proper information is completed and submitted on time for each client. We accomplish the accountability piece by reminding them of upcoming dates/deadlines and projects that are required of them to stay compliant.

 

What would you suggest to small business just getting started?  Don’t get into a business you do not know yourself. If all of your life you were a physician but then decide to start a restaurant, you must know first know the restaurant industry. Many people jump into an industry without knowing how it works. If you only depend on hiring people to execute your business, you are really asking for trouble. You must love it, and  if not, don’t do it. Lastly, expect the unexpected; difficult to do, but needed. You may expect to hire the best person but be prepared for how you will handle hiring the worst.

 

How do you balance work and your lifestyle? The good thing about KBMD is that we have the ability to work from anywhere which provides that balance for me and my wife. However, I honestly think the line between personal life and business is fading. You can be watching TV after work but then realize you need to send an email, so you do it. I guess the nature of business (now) is forcing us to accept the fact that personal and business life will be intertwined.

 

Why did you choose NBIC to be a part of your small business journey?  A couple of the partners started analyzing our abilities to take our business global and realized we needed to educate ourselves more on the actual business side of things. We thought NBIC could help us, so we applied to the program. NBIC has really helped us galvanize and succinctly move toward our goals. When you are trying to achieve what you have been dreaming of it can be hard and NBIC provides the support and resources we need.

 

Lastly, what can Music City expect from KBMD in 2017?  Our firm would like to become 8(a) Certified, which will allow us to compete with bigger companies on large contracts.  We have obtained two contracts with Metro that will last for 5 years which is a substantial win for our firm. We are also hoping to create relationships with other branches in Metro.

Share the Post:

Read More

Aleyda Sanchez – Central Care Counseling Services

In 2018, Aleyda Sanchez founded Central Care Counseling Services with a singular mission: to provide culturally competent mental health services to the Hispanic and Latino communities. She started as a solo practitioner, driven by a desire to break down the significant taboos surrounding mental health within her community. However, as her practice grew, so did the challenges of scaling while maintaining high-quality, personalized care.

Read More

Tasha Garner – Unique Advisor

Tasha Garner, owner of Unique Advisor, a developing consulting firm targeting sectors like healthcare, financial technology, social services, and government contracts, discovered NBIC through her involvement in the Hope Operations Program. This connection led her to NBIC’s Foundations course, which profoundly transformed her approach to entrepreneurship. Garner sincerely appreciated the course, noting, “It was awesome. I thought I knew a lot already, but I learned so much more. It was very transparent.” She highlighted the invaluable guidance from mentors like Mister Harvey and Anne Marie, who were knowledgeable and patient, encouraging interactive participation and questions.

Read More

Brewing Success: How NBIC Helped Bubble Love Spread “Positivi-tea”

Nashville has charm, hospitality, and now the taste of happiness in a cup – Bubble Love! Meet Anna Fields, the woman behind the vibrant bubble tea haven nestled in the heart of the Nashville Farmers Market.
Anna’s journey began overseas. After spending nine years in China and working with children with disabilities, she returned to the states with her family. Choosing Nashville as her home, Anna realized “Music City” was overflowing with southern charm and hospitality, but something was missing. It was the refreshing and flavorful bubble tea Anna had grown to love while abroad.

Read More

become a sponsor

Fill out the form below, and a member of our team reach out regarding your sponsorship.

Please Select Sponsorship Level:
Abigail DaSilva
Abigail DaSilva is the marketing coordinator at NBIC, channeling her passion and creativity to support the organization’s mission of leveling the playing field for entrepreneurs. A proud graduate of Tennessee State University, Abigail holds a degree in design, which fuels her artistic sensibilities and impeccable eye for aesthetics. Before joining NBIC, Abigail embarked on her own entrepreneurial journey alongside her brother, where she spearheaded the sales and marketing efforts of their own venture. This experience honed her skills in strategic promotion, customer engagement, and marketing media. Abigail has played a crucial role in the company, transforming their media marketing strategies, specifically towards a more video-driven approach. Recognizing the power of visual storytelling, she has created compelling content and innovative campaigns that have amplified NBIC’s reach and engagement, strengthening their online presence and impact. Outside of her professional endeavors, Abigail is an avid art buff, frequently visiting museums and exploring immersive experiences that combine technology and creativity. She also has a deep love for travel, shopping, and anything that allows her to utilize her creative mind. With her unwavering commitment and broad range of experience, Abigail is a valuable asset to NBIC. She remains eager to push boundaries, elevate engagement, and empower entrepreneurs through her exceptional marketing expertise.
Anne-Marie Tanner
Anne-Marie Tanner is the Programs Coordinator at NBIC. With a Master’s degree in strategic marketing from Midway University and a Bachelor’s degree in design from University of Kentucky, she brings a unique blend of business experience and creativity to her work. Prior to joining NBIC in March of 2023, Anne-Marie worked as a small business and startup consultant, where she gained valuable experience in guiding entrepreneurs through the challenges and opportunities of launching and growing their businesses. Her expertise in strategic planning and her ability to quickly grasp new concepts makes her a strong asset to the NBIC team. As the Programs Coordinator at NBIC, Anne-Marie manages multiple components, including Foundations, E-Myth, Framework, and Groundwork. Anne-Marie values collaboration and strives to align her work with the vision and expectations of her colleagues. Beyond her professional career, Anne-Marie has a wide range of hobbies and passions. She is an accomplished Olympic weight-lifter. Additionally, with her husband, she started a medical clinic in Martin, TN, a brewery and events center in Paris, TN, and an airbnb property. Their goal is not only to build successful businesses, but also to provide economic stability and job opportunities to as many people as possible. With her extensive background in business, her entrepreneurial spirit, and her commitment to personal growth, Anne-Marie Tanner is an extremely valuable asset to NBIC. Her diverse skill set and positive mindset make her a catalyst for success, both for herself and the new businesses she assists.
Saturnie Antoine
Saturnie Antoine has been a part of NBIC since November 2021, serving as the R.I.S.E. UP Program Manager. She holds a Bachelor’s degree and has obtained a professional certification in coaching skills. With a diverse background in corporate work spanning over 15 years, Saturnie has worked in various sectors. As the R.I.S.E. UP Program Manager, Saturnie oversees the entire program. Her responsibilities include structuring the curriculum, sourcing speakers, and organizing the launch campaign. Additionally, Saturnie provides personalized professional coaching to the program participants, offering guidance and support to help them scale their businesses to $1 million plus level. Since the commencement of the program in March 2023, under Saturnie’s leadership, R.I.S.E. UP has witnessed numerous accomplishments and successes. Additionally, the program’s focus on emotional intelligence has helped participants navigate internal challenges and overcome obstacles inhibiting their growth. Outside of work, Saturnie values personal time spent with her family and loved ones. Her true passion lies in her role as a professional coach, where she finds fulfillment in assisting women on their journey towards personal and professional growth. Saturnie’s commitment to her clients and her extensive experience, coupled with her excellent coaching skills, allows her to provide comprehensive support to program participants, enabling them to achieve their goals and reach new heights. Under Saturnie’s leadership, the R.I.S.E. UP Program continues to flourish and make a lasting impact on the lives of female entrepreneurs.
Leroy Cunningham
Leroy Cunningham currently occupies the role of Community and Capacity Building Manager at NBIC. He holds a major degree in Business Administration from Carroll University in Waukesha, Wisconsin, along with minor degrees in Accounting and Economics. Leroy’s prior engagement with business development consulting brings great strength to the NBIC team. He has worked at three of the largest market capitalization companies in the world – Emerson Electric, General Electric, and Berkshire Hathaway. In his current role as the Community and Capacity Building Manager at NBIC, Leroy wears many hats. One of his primary objectives at NBIC is to increase the number of small minority-, women-, and veteran-owned businesses qualified to undertake contracts from prime contractors and government entities. By fostering relationships with community partners and engaging with prime contractors and government entities, Leroy works tirelessly to bridge the gap and provide opportunities for these businesses to flourish. Additionally, Leroy dedicates his time to consulting with business owners, providing them with valuable insights and guidance. By helping businesses at their current stage and empowering them to reach their goals, Leroy greatly contributes to the growth and success of NBIC’s clients. Outside of work, Leroy indulges in his love for reading, sports, and travel. With his vast knowledge, dedication, and passion for community empowerment, Leroy is committed to making a meaningful impact at NBIC. His wealth of certifications and global business experience lends a unique perspective and expertise to NBIC’s initiatives, which will undoubtedly drive the organization forward.
Octavia Wilson-Simmons
Octavia Wilson-Simmons is the Program Coordinator at NBIC. With a background as a tank storage broker, Octavia acted as a vital liaison between storage terminals and cargo owners, facilitating contracts for the transportation and storage of products. Prior to NBIC, she also worked as a chemical operator at a chemical company, further enhancing her expertise in the industry.

Joining NBIC in early 2022, Octavia initially served as an assistant to Angela before transitioning to her current position as a Program Coordinator. In this role, Octavia plays a crucial part in various projects, including MNAA and Elevate 615. She also provides invaluable support to the team, assisting with grants and streamlining processes to ensure efficient collaboration and coordination.

Outside of her professional endeavors, Octavia is extremely family-oriented and cherishes family outings and spending quality time with her loved ones. Octavia is also a dedicated DIY enthusiast and seeks to immerse herself in various projects.

Octavia embraces the opportunity to collaborate with the NBIC team, support Angela, and contribute to the company’s mission. Having witnessed the growth of businesses firsthand gives Octavia special insight into the entrepreneurial world and the hard work that goes into operating and expanding your business.

With her extensive background in the oil industry and her unwavering dedication to assisting others, Octavia continues to make a positive impact within NBIC, among her peers, and within the entrepreneurial community as a whole.