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Deeper Weekend 2014

Posts Categorized:

Management and Operations

Choose your favorite writer

  • Greg Kyte
    Greg Kyte
  • Jason Blumer
    Jason Blumer
  • Melinda Guillemette
    Melinda Guillemette
  • Scott Kregel
    Scott Kregel

I was a middle school math teacher for eight long years. I finally quit teaching because I wanted to find a career where I could actually make a difference in the lives of others. That, plus I couldn’t stand those bastards.

 

As a teacher I worked with some amazing people. One of my fellow teachers taught a speech and drama class. One of the projects she assigned her students was to film a music video. Very cool. One group of students wanted to film their video on the roof of the school. Also very cool. She let them do it. Very cool? And she let them do it unsupervised. WTF? Read more

Category:
Leadership, Management and Operations
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Most clients pay us from January to December each year. We draft their fees monthly. Sweet cash flow! So every December, Julie and I go through client renewals with our clients. Though the renewal season is only a month, the process seems to take forever. Who will renew? Who will leave? Will someone step up their agreement with us? Will next year be short of this year in terms of monthly revenue? Yay, they doubled their contract! Wait, no they went back to what they had last year. Ugh. Honestly, it’s painful to walk through. For us and our team (since our technical team is paid a percentage of our revenue). But every year. Every year we make it through. We come out on the other side, and we learn something new, and we become a new firm from the process. We walk through scary places together, and we are a stronger team because of the trenches we found ourselves in. We’ve done our annual renewals like this for many years, and it’s honestly hard every year. Read more

I suck at sports.

In college, my roommate recruited me to be on an intramural softball team. During practice, I got hit in the face by a ground ball. That’s how bad I suck. A softball that was rolling on the ground, broke the laws of nature, jumped up, and hit me in the face … just to make sure that I understood that the Sport of Softball knows that I suck.

Before becoming a CPA I was a middle school math teacher. Every year, on the last day of school, the teachers would play against the eighth-grade basketball team. In the 70-year history of the school, the teachers never lost. Until I played. That was the first and only year I played, and that was the first and only year the teachers lost.¹ Read more

Greg Kyte 2Blow crap up.” – Jason Blumer

I’ve known Jason for six years now. I’ve heard all of his stories, the ones about how he’s tried all the stuff that you know you should try at your firm. He’s got a drive to blow crap up, and so he blows crap up, and he learns tons and tons of crap because of the crap he blows up.

Thriveal is accounting for the brave, and brave accountants risk the possibility of blowing crap up. Intentionally taking risks whereby crap may be blown up is something that can be managed; planned risks can be controlled and contained more or less.

But sometimes crap blows up all by itself. And when turds hit fans, you can learn A LOT and you can learn it FAST. Like Tom Hood says, the rate of learning at your firm has to be greater than the rate of change in the profession and greater than the rate of learning among your competitors. Read more

Category:
CPA firm, Management and Operations
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Jason BlumerNo one is really talking about how hard it is to change your compensation structure in a Nontraditional firm. At least, I haven’t seen the articles anywhere. By way of definition, Nontraditional here means that you do not bill your time to the client, or you price all work up front, or you may offer services as a product, allowing your client to pay for their services on a monthly recurring draft or invoice.

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Greg Kyte 2Dress codes are simultaneously infuriating and amusing, like presidential candidates.

 

They were the topic for Jason, Caleb, and me on our last #WhatsNext in the Accounting Profession Blab. I thought it would be a fun, light topic, easy to make fun of, but not too deep. Turns out, dress codes are a quick path to the seventh circle of HR.

 

This week, I asked some friends who work at two different mid-size CPA firms to send me their company’s dress codes. And it turns out they are awesome.

 

For one company, under “Examples of Not Acceptable Attire” they listed “stirrup pants,” “bolo ties,” and “bathing suits.” Bathing Suits?! How the hell do bathing suits get explicitly banned on the dress code?

 

Audit Manager: “Hey, Rebecca, are you ready to head to the client’s office for … what the f**k?! Are you wearing a swimsuit?” Read more