Tip Of The Day #101 - People Power
preferredclientservices's podcast
Grow your company by growing your people. Develop good people through good recruitment! When Vince Lombardi was asked how he managed to win so many championships, he told them he had winning players. Watch your people and make sure they are in the right career position. Find their strengths, discover their passions, and assign them tasks accordingly, so they can excel. Invest in the best equipment possible. Keep your technology up to date. Train your people by following these four simple steps. You do it. You do it with them. Hand the ball over, and watch them do it. Let them do it on their...
info_outline
Tip Of The Day #100 - That’s Right Neighbourly of Ya!
preferredclientservices's podcast
Thursday, Sept. 28/ 2017 will be Good Neighbor Day in the US, where it is actually a national holiday, originating back in the early 1970’s, thanks to the enterprising Becky Mattson, of Lakeside, Montana, who wanted a day set aside to celebrate the importance of maintaining a close-knit community. On September 22, 1978, President Jimmy Carter made National Good Neighbor Day an official date, stating that it should be observed: "with appropriate ceremonies and activities." Numerous cities in Canada and around the world seem to have established their own version of Neighbour’s Day held on...
info_outline
Tip Of The Day #99 - Success å la Job’s Top 10
preferredclientservices's podcast
I think you’ll agree that Steve Jobs knew a little bit about effectively running a business. Here are his 10 Rules For Success Don’t live a limited life, according to other people’s thinking. Don’t let their opinions drown out your inner voice. Have the courage to follow your heart and your intuition. Have Passion- If you’re not passionate about what you do, you will give up. You need to love your job and your life. Design for yourself – Is there something missing in your products that your clients want, and you cannot find it? Then make it! You are captain of your own ship....
info_outline
Tip Of The Day #98 - Remember Me!
preferredclientservices's podcast
Behavioral investigator and best-selling author, Vanessa Van Edwards cites five ways to make yourself the most memorable person in the room. Embrace your imperfections: Charismatic people are not perfect, but they’re confident in who they are and comfortable in their own skin. They know they have their flaws, and they don’t pretend otherwise. This makes them very memorable because we can relate to their imperfections. Don’t be afraid to show your own. Ask interesting questions. “How are you? Where do you work? Where do you live?” Bo-ring! Try to spark a more emotional response by...
info_outline
Tip Of The Day #97 - In The Beginning There Was Bookkeeping
preferredclientservices's podcast
In the beginning, there were numbers. Then Luca Pacioli of Florence, said, “Well, let’s add them up!”, and so it came to pass that Double Entry Bookkeeping was created, and Pacioli, born in 1447, became known, in Europe, as "The Father of Accounting and Bookkeeping", publishing the first work there ever on the double-entry system. Suddenly, people could organize their massive amounts of information into journals, and then produce summary financial statements, primarily comprised of income statements and balance sheets. The income statement showed total revenues minus total expenses over...
info_outline
Tip Of The Day #96 - Going Post-It Over Networking
preferredclientservices's podcast
Allow me to refresh your memory of the term, “Who Luck”, coined by leadership expert, Jim Collins, which refers to the happy circumstance of finding just the right connection you happen to need, by being in the right place, at the right time. So… here you are. Having gathered your courage, and that last ounce of strength after a long, overwhelming workday, you’ve actually made it to the networking event. What now? It’s bad form to stand by the entrance, ready to pounce on potential connections like a lion attacking a wounded gazelle. Hiding in the corner behind a plate of food...
info_outline
Tip Of The Day #95 - Your Attitude Latitude
preferredclientservices's podcast
You have the power to make or break your day…your week…your entire LIFE!!!! Your thoughts create the reality you see around you, and, in this world governed by the Law Of Attraction, what is “like” attracts “like”. Thus, your state of mind, your “attitude” at every given point in your waking day is of utmost importance. If your outlook is positive, and you are thinking uplifting, life-affirming thoughts, that’s exactly how you’ll perceive what’s going on around you. More and more positive will be attracted to you. Conversely, negative shame and blame just brings on more...
info_outline
Tip Of The Day #94 - QuickBooks Tricks
preferredclientservices's podcast
My many years of hands-on experience with the various accounting programs have taught me numerous tips and tricks that turn QuickBooks into Quicker. So today I’m going to dish up the inside scoop on my favorite QuickBooks shortcuts…for versions Enterprise, Premier, and Pro. Normally, to close an open window in QuickBooks, you click on the X. A faster way is to hit the Escape key. The open window will close immediately. In many instances, for documentation purposes, we need the ability to print a bill voucher to attach to vendor bills or payments. Simply, click Print from the Bill window....
info_outline
Tip Of The Day #93 - Take Power Over Your Program
preferredclientservices's podcast
As a business owner, do you feel annoyingly powerless when your bookkeeper complains about the shortcomings of slow and ponderous Sage, compared to the aptly named QUICKBooks? Thanks to Beverley Goodall of Evolution Business and Tax Advisors LLP, you can now impress your beloved bookkeeper with your program prowess, as you communicate with her in fluent “techno-numberspeak” while passing on these “sage”, time-saving tips. Warning: the following content may cause comas in some listeners. Refrain from listening to this while operating heavy machinery. Ready? Here we go! Struggling to...
info_outline
Tip Of The Day #92 - What’s on the edge of your T-Shirt?
preferredclientservices's podcast
'If you are not living on the edge, then you are already taking too much space.” It was a memorable day for me when my teenage son walked into the room with this cryptic statement emblazoned across his T-shirt. At the time, I can remember wondering if the teenage years were going to be the death of me, or the death of him! Looking back now, however, I wouldn’t trade any of the years with my children, teenage or otherwise, because of the tremendous joy they’ve brought me, not to mention the learning experience it’s been for me to view the world through their eyes. In essence, though,...
info_outlineRenowned writer and organizational management expert, Peter Drucker, was known to say…
“Most of what we call management consists of making it difficult for people to get their work done.”
His solution: Management By Objectives
Of course, first you must determine what your business objectives are…based on your vision and mission statements.
If you’re still wondering just what your overall vision is, focus on your business BIG PICTURE. What is your WHY, your reason for doing what you do, through your company?
Once determined, organizational objectives have to be understood by your employees. For efficiency’s sake, Drucker created the acronym SMART Goals, S-M-A-R-T standing for
Specific, Measurable, Acceptable, Realistic and Time-bound.
- Specific - Your goals must align with the mission and vision of your organization, and they must specifically outline the desired results.
- Measurable – how will you know where you are in terms of achieving this goal. There needs to be a monitoring system in place.
- Acceptable - this refers to agreement on the objectives between the employees and the organization. Communication is key so expectations are clear. An avenue for feedback should be established, along with a system for reward when objectives have been achieved.
- Are these goals realistic, given what you have at your disposal, your current knowledge, expertise and experience and that of your team?
- Time sensitive. It’s not just about what you’re going to accomplish. You need to determine a time when it must be completed. If you meet your time target, celebrate your success. If you don’t, learn from the reasons you didn’t.
You can’t hit a target you cannot see, so clear performance indicators are essential for achievement of SMART Goals. Write them down to share with your team. Think positively and celebrate each success on the way.