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Nov. 12, 2019

Overcoming Difficulty in Business

Overcoming Difficulty in Business

We all face difficult things in our lives, but on the other side of difficulty is usually some victory. For example, getting through the Air Force’s basic training and passing the CPA exam. [1:20] It wasn’t what I expected, but I persevered,...

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I Love Bookkeeping

We all face difficult things in our lives, but on the other side of difficulty is usually some victory. For example, getting through the Air Force’s basic training and passing the CPA exam.

[1:20] It wasn’t what I expected, but I persevered, followed the system, did what I was told and pushed through it. When I graduated I was very proud. It was a similar story to passing the CPA exam.

[2:15] It doesn’t matter where you are in the evolution of your bookkeeping business, there are difficult things that you do not want to do. Usually, on the other side of the struggle that we have to go through is the very thing that we want.

[2:45] List out the difficult things in your life as they relate to your business right now. What are the things that you are putting off and avoiding? Then ask yourself what would happen if you did those things. What are the best-case scenarios and worst-case scenarios?

[4:20] Sometimes we have to trick our minds into looking at the benefit that is going to get us there. We’ve got to get over our initial reluctance and just go do that thing.

[5:05] Some difficult things are things that can’t be avoided, but we’re talking about the difficult things that we know will move us closer to our goals, if only we could get over our fears.

[5:30] Busy work is often stuff we do in order to avoid doing the things that we know we need to do to turn the dial in our business. Two of the most common difficult things that bookkeeping professionals avoid are networking and marketing.

[6:35] Feel the fear and do it anyway. Verbalize what you’re afraid of and then go do it. Whenever we are trying to do something new, our subconscious is going to try to dissuade us and convince us of the easier and more comfortable path.

[7:30] Once you identify the difficult things you are avoiding and list them out, figure out the things that you should be doing. Set yourself up for success by putting them into your schedule and giving someone the responsibility to keep you accountable.

[9:00] Take your list of difficult things and start taking action on them. That may mean getting rid of bad clients or letting go of a team member, but you have to keep in mind the benefit on the other side.