Clicky

Deeper Weekend 2014

Posts Categorized:

Business

Choose your favorite writer

  • Adrian Simmons
    Adrian Simmons
  • Bryan Coleman
    Bryan Coleman
  • Greg Kyte
    Greg Kyte
  • guestblogger
  • Jason Blumer
    Jason Blumer
  • Jennifer Blumer
    Jennifer Blumer
  • Scott Kregel
    Scott Kregel
Jason BlumerI’m reading Peter Thiel‘s new book, Zero to One. Wow. He is truly a contrarian as most of his ideas fly in the face of doing business in any type of traditional way. Some would even say his ideas are scary. One overarching idea I’m noticing in the book is about his focus on building the future. He is dead set on investing in things now that have far reaching future-focused results. I’m glad he has made this his focus. This sums up the struggle in our profession – we do things for immediate results instead of investing in the future. Truly, creating a future-focused firm is hard for a number of reasons:

 

-You have to commit to a future that you think you can create. The future is not here yet. Peter Thiel believes the future will be here when we create it. Many people avoid thinking about the future, as it brings uncertainty and fear. What if we don’t like the future that we create?

Read more

Category:
Book Review, Business, Innovation
Comments:
0

Greg Kyte 2All joking aside, I’m scared, I’m insecure, and I’m worried that I’m making the stupidest decision of my life.

 

My mom sold drugs for 20 years on a street corner in Seattle because that’s what pharmacists do. She had a decent job, working part time at a drug store on the intersection of 56th and 232nd. To me as a kid, the job seemed like it gave her just enough money and just enough time to be a pretty damn good single mom.

 

Shortly after I got into middle school, she and two of her co-workers¹ decided to open their own pharmacy. I thought that was really cool, only partly because I figured the kid whose mom owned the drug store got candy for free.² Read more

Jason BlumerJuly 1, 2014 was the Blumer CPAs 2 year anniversary of being a virtual firm. We messed some stuff up, but have also learned a lot. I believe our virtualness sets us apart, so we are committed to getting better at being a virtual firm. So that I can add to my learning around being virtual, I’m documenting 9 things we’ve learned in 2 years of being virtual.

First, let me define virtual. We do not have offices, and thus we don’t exist anywhere except at a web address. But you could have firm offices and still be virtual to your clients. In that scenario, the team still meets together in one location, but the clients may or may not come to your offices. I don’t call that virtual, I call that paperless. Virtual in my definition is when a client can not assume that they have access to you physically. It’s a totally different mindset, and that’s why I’m defining it. Read more

Category:
Business, Leadership, ROWE, Strategy
Comments:
4
REFM -  Adrian Photo Square - CATOBThose of you tracking the Thriveal blog for a while may have noticed one of the themes I’ve been exploring over time through my posts is: where is the practice of accounting headed? Entries on that topic include:  A Profession In Search of an IdentityThe Firm(s) of the Future(s)Accounting Is Not the Language of Business, and the most recent: Accounting For What. In that post, I came right up to, but didn’t take, the last leap in the hopscotch of the thought process, which is what I’d like to share now: “The customer is the product.”

 

I first heard that phrase uttered by good friend and Verasage founder, Ron Baker, at a conference last fall and it caused me to do a full stop in my tracks. I realized I can be focused on what we’re selling, and changing our offerings, and marketing our products and services, and on and on. But the truth of the matter is, it’s the customer that’s the product. And what I do is best measured by how it changes their lives.
Category:
Business, Customer Experience
Comments:
5

REFM -  Adrian Photo Square - CATOBIt’s coming. But somehow it helps to know it’s coming.

 

There’s always the initial excitement, and the expansive vision of new possibilities. Then reality sets in.

 

The key is to recognize it’s part of the process: One does not reach the “plateau of productivity” without walking through the “trough of disillusionment.” The trough is where the idea is purified, distilled, crystallized — stripped of its misconceptions, to see what truly lays inside. Read more

Category:
Business
Comments:
8

Jennifer BlumerAs a business owner, you have a lot going on. And maybe you are trying to please a lot of people AND keep the lights on. That’s a lot of pressure. These rights are basic and maybe a little obvious, but a reminder never hurt. Maybe the reminder will help you remember to take care of yourself.

You have:

The right to say no – You don’t have to serve people whose numbers on caller ID make you cringe. You have the right to say no to a lunch appointment “just to catch up.” You have the right to say no to offering services you hate. You can say no with class, but sometimes you need to just say no.

The right to be paid for the value you provide – Your customers want access to you. Sometimes they really do have a quick questions. (And sometimes they say they have a quick question that is anything but quick.) I am not suggesting you send a bill for every phone call. I am suggesting you price in a way that makes you less frustrated when you get those kinds of calls. And that you stop working for free. Is your client paying for a tax return? Then why are you also cleaning up their accounting for the whole year? Get paid for the value you are providing. Read more