Welcome back to our channel, where we dive deep into the challenges and triumphs of the accounting world. Today, we're thrilled to present a special episode featuring the insightful Geraldine Carter, a beacon of innovation for accountants, accounting firms, and CFO service providers looking to transform their work life. Are You Overworked and Underpaid? If you're an accountant or firm owner drowning in endless hours of work, dreaming of a manageable 40-hour workweek (or even less!), this episode is a must-watch. Discover how Geraldine Carter leverages her engineering mindset to tackle the pervasive issue of overwork in the accounting industry with practical, innovative solutions. What You'll Learn: • The Power of Niching: Find out how specializing can not only reduce your workload but also increase your firm's value and appeal. • Pricing Strategies: Learn how effective pricing goes beyond just increasing your rates—it's about aligning your services with the value you provide, leading to better client relationships and higher profitability. • Efficiency in Delivery: Geraldine shares groundbreaking tips on streamlining your service delivery to maximize productivity without sacrificing quality. • The Role of Mindset: Discover why a strong, positive mindset is critical for making significant progress and how mindset coaching can propel you and your firm forward. We're eager to hear from you! After watching, drop a comment below sharing one change you plan to implement in your practice to reduce work hours or increase efficiency. Remember to like, share, and subscribe for more insightful content designed to empower you in your accounting journey. Check out our YouTube page for the video version of this podcast: https://www.youtube.com/@thefinanceaccountingshow2679 ============= Connect with Us: Instagram: https://www.instagram.com/businesstalklibrary/ Website: https://www.bizprofitsecrets.com/ Facebook:https://www.facebook.com/TLTurnerGroup Email: contact@tlturnergroup.com

What if the reason your new hire is struggling isn’t their fault, but yours? 🤔 Imagine this ... You’ve just welcomed a new team member, and you’re eager to see them shine. 🌟 But things are already slipping through the cracks... deadlines are missed, communication is muddled, and frustration is mounting. 😣 📌What went wrong? Here’s the truth: Many businesses struggle to retain talent because they skip a crucial step... Setting Up Guardrails! 🚧 📌What are guardrails, and why do they matter? Watch the video below for a detailed description that covers the following points: - ⏰ Time Boundaries - 💬 Open Communication - 📚 Resource Sharing 📌As a leader, your role isn’t just to delegate tasks—it’s to create an environment where your team can thrive. 🌱 👇 What “guardrails” have you found most effective in supporting your team? Let’s discuss in the comments! 💬

You NEED the Sound On for This 🤼 As much as we like to think that our staff is very mature and beyond being petty, the reality is, jealousy is a real part of human nature. 😒 Now, you might say be thinking , “My staff is the exception”...  That’s not true! They still get jealous. Some just manage their jealousy better than others.😁 As leaders, we can't control whether or not someone gets jealous, but we can control whether or not we contribute to an environment that makes jealousy more likely. Here are a few recommendations followed by some practical examples: 🔹Avoid the comparison game when giving feedback to your staff.  👉🏽Example: Don't say things like, “Why don't you do it like Tiffany or Allen?”. When you’re pointing out that someone is not isn’t doing something well, the last thing they want to hear is how much they suck compared to someone else. (You may not say they suck but that is what they may perceive). 🔹Spread the love, but don't idolize. When your staff does something good, praise the act, but don't make the praise about them as a person. 👉🏽Example: If Jamie figures out an innovative way to meet her deadlines faster, praise the act of innovative thinking. If others hear you praise the act they can see Jaime's actions as an opportunity to learn. If you spend all your time praising Jaime for being an innovative person, others will be reminded that they aren't 'Jaime the innovator'... This could lead to future resentment and once that resentment grows, guess who might be the recipient of the fallout.   🔹Use the Golden AGE (Average, Good, Excellent) approach. People should compare themselves to the progress of their own development journey and not each other.  👉🏽 At TLTurner Group, we created the Golden AGE approach after realizing that some of our staff were stuck in this cycle of comparison. Not surprisingly, they compared their worst qualities to the best qualities of others. In noticing this, we used the Golden AGE approach to create a personalized development plan for each team member, to help them go from Average to Good to Excellent. Now they don't compare themselves to their peers, they compare themselves to the potential of their own development journey 📈. There's a lot more to say on this topic so listen to our new podcast "The Golden AGE of Business", where we’ll be having a new conversation each week, diving deeper into the Golden AGE approach.  In the meantime, what do you do to avoid creating an environment of jealousy in your organization? Let us know in the comments section 👇

Hey we need to have a conversation.... This week a reality tv couple and their accountant were sentenced to prison for charges of Bank Fraud, Tax Fraud, and Obstruction of justice. There were many RED flags in this situation and some of them point right back to their not-so-good ACCOUNTANT, Tax season is coming up so let's talk about this and some of the red flag signs of a crappy Accountant. I often hear people posing as "tax strategists" promoting some of the same shady business practices to small business owners. Don't get caught up following bad advice. Think of this as part of your "Stay Out of Jail Plan"

Marketing is something that you need to understand if you are going to be a successful entrepreneur so why not study the practices of the GLOBAL giants - the current day BIG FOUR Google - Apple - Facebook - Amazon - there is so much to learn about their story the good, bad, ugly, utopia, and lessons that you can use yourself. Also, I share my thoughts on if it's worth it to read this book, now there is a disclaimer to my opinion on this.

If you are a business owner and you are new to the finance side of a business this could be a great resource to help you understand that part of your business. I read the book and have a few thoughts and tips to help you get the most from the book if you choose to read it yourself.