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Deeper Weekend 2014

Posts Categorized:

Personal Growth

Choose your favorite writer

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

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 was interviewed on a podcast earlier this week. We got talking about risks and how risks can be structured in such a way that there’s no downside. I mean, there’s a downside — there has to be or it’s not really a risk — but the downside can have a big upside.

 

The trick is to align your risk taking with what you’re really all about, with your core values. By doing that, if you succeed, fantastic; and if you fail, you just earned a story that can be leveraged to build a robust culture. Read more

Category:
Other Thoughts, Personal Growth
Comments:
2
Scott Kregel, CPA is building his firm in Pennsylvania. He leads Kregel & Company, CPAs, and he has been a Thriveal member for many years. He began years ago in our coaching course to help CPA firm owners think differently about how they build their firms. And now Scott Kregel has been growing his firm, and fully participating in the Thriveal community and in Deeper Weekend.

 

Here is what Scott said recently,

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I’m pretty much an HGTV design star. Not just because I put up crown moulding in my living room and master bedroom.¹ But also because I went to an interior design store once.

The store was called Rustica Hardware. It’s an amazing store, but the thing that dug into my brain like a Ceti eel from The Wrath of Khan was this sign they had up in their shop:

 

I LOVE THAT. Partly because, as I already established, I’m an HGTV design star, but also because who wouldn’t accept that challenge? Living in art is better than living in mindless acceptance of the default. I intentionally try to approach my home like an artist approaches some kind of art thing. Read more

Category:
CPA firm, Other Thoughts, Personal Growth
Comments:
0
Talk to any entrepreneur, and you’ll quickly hear the word ‘freedom’ as a reason for running their own business. Accounting firm owners are no different. Many accounting firm owners want to work for themselves because of the ‘freedom’ it will afford them. But the word ‘freedom’ is taking on a life of its own and I think it’s time to explore what that word means.

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Category:
CPA firm, Personal Growth
Comments:
0