Wednesday Nov 30, 2022

Who is in control of your Accounting Business?

I've been spending a lot of time with accountants lately... and I've come to one conclusion...

ACCOUNTANTS HAVE A LOT OF COMPLAINTS!

This is true of all business owners…

But the main compliant that I’ve been hearing and digging into is around the seasonality of their businesses.

It normally starts by talking about how many hours they work during business season
- Tax season
- Year end closing time
- Etc

That leads to the fact that they have to put in so many hours near deadlines because their clients wait to the last minute to get their information over… they procrastinate… and all send in their info a few days before the deadline.

And as a master procrastinator for life… I can see that this seems like a problem that is almost impossible for you to solve for someone else.

MY FAVORITE TED TALK

Tim Urban talks about 3 main people inside the brain of the average person.

- The rational decision maker
- The instant gratification monkey
- And the panic monster

He clearly (and hilariously explains) exactly why it is in most peoples human natures to procrastinate things… specifically things that don’t seem to be as high of a priority 

https://www.ted.com/talks/tim_urban_inside_the_mind_of_a_master_procrastinator?language=en

BUT WHAT DOES THIS HAVE TO DO WITH ACCOUNTING?

Listen to this episode where I re-tell Tim's story... using tax client situations... and explain exactly what steps to take to solve for it!

 

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