Episodes
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Tip Of The Day #101 - People Power
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,...
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Tip Of The Day #100 - That's Right Neighbourly of Ya!
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…
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Tip Of The Day #99 - Success å la Job's Top 10
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...
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Tip Of The Day #98 - Remember Me!
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...
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Tip Of The Day #97 - In The Beginning There Was Bookkeeping
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…
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Tip Of The Day #96 - Going Post-It Over Networking
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…
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Tip Of The Day #95 - Your Attitude Latitude
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…
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Tip Of The Day #94 - QuickBooks Tricks
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...
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Tip Of The Day #93 - Take Power Over Your Program
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...
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Tip Of The Day #92 - What's on the edge of your T-Shirt?
'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…
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Tip Of The Day #91 - Frogs On A Log
Leadership guru, John Maxwell often uses an old riddle his father told him as a teaching tool. "Five frogs are sitting on a log. Four decide to jump into the water. How many are left?" One? Actually, if you analyze his words, you'll realize there are still five frogs left on that log. You see,...
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Tip Of The Day #90 - QuickBooks Made Quicker
We all know the old adage, "Time is money." And let's face it, to be successful in business these days, you must wisely economize on both. Good news! If you use Sage and/or QuickBooks, you can actually program your accounting software to save your bookkeeper valuable minutes every day that really...
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Tip Of The Day #89 - The Rewards of Risks
"Only those who will risk going too far can possibly find out how far one can go." So said the American poet and literary giant, T.S. Elliot, and I have to agree. In fact, without taking risks, how can you grow your enterprise to maximum profitability? How can you achieve the success you desire?...
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Tip Of The Day #88 - Mentally Unbalanced Due to Your Balance Sheet?
Understanding your balance sheet keeps your finger on the pulse of your business's "health". A balance sheet can be very revealing when it comes to the state your business is in on any given day, so you're not just going to "drop your drawers" and expose yourself for anyone. Basically, your total...
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Tip Of The Day #87 - How Can Your Lovely, Hard Earned Profits Be Gross?
How Can Your Lovely, Hard Earned Profits Be Gross? Are you more confused and frustrated than you've been all year? Ah yes, well, no doubt you've just had that annual meeting with your accountant. Here's the "financial reporting-challenged" business person's mini-guide to understanding profit and...
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Tip Of The Day #86 - End Month End Before Year End
Do you manage an office of staff members, all needing to submit month-end expense reports and business credit card statements? Then you know what mass pandemonium it can be at month end when all of the paperwork comes in all at the same time and all the statements have to be reconciled all at…
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Tip Of The Day #85 - Right Place, Right Time!
You have just finished a 9-hour day from Hell, dealing with people seemingly from outer space. Your feet are killing you. Definitely, a headache's coming on. The office bathroom mirror reveals that you look like you've not only come out the wrong end of RuPaul's Drag Race but have been run over…
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Tip Of The Day #84 - The Magic is in the Moment
In the wise words of Mother Teresa, "Yesterday is gone. Tomorrow has not yet come. We have only today. Let us begin." Living for today, appreciating every moment is not a state of mind attained through dwelling on past mistakes, or even resting on your laurels and glorying in past achievements.…
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Tip Of The Day #83 - Failure is Inevitable
Leadership guru, John Maxwell teaches that, "Life is playing a poor hand well." Success comes not from eliminating all adversity, but from dealing with your difficulties and failures constructively. According to Maxwell, "The essence of man is imperfection. Know that you're going to make...
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Tip Of The Day #82 - I Fail Therefore I Am
"I Fail, Therefore I Am", a phrase coined by business humorist and mindset mentor, Zandra Bell, is obviously, a play on the famous quote by philosopher, Rene Descartes, "I Think, Therefore I Am". The point being that, as humans, failing is as natural to our earthly condition as thinking, in fact,...
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Tip Of The Day #81 - Write it Down
Pen, paper, an inspirational book to read or Audible to play on my cell phone… These items are always within reach when I'm in a situation where I'm forced to wait. Whether a few minutes, or a few hours, I make sure that valuable time is well spent. Write it down! Yes, even when meeting with...
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Tip Of The Day #80 - The Lonely Extra Mile
Quite often I will take a last look at my to-do list at the end of the day and, even though all my team members have left and I would be perfectly justified in saying I've done a full day's work myself, I will still stay and complete just one more task. Why do I push myself that little bit…
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Tip Of The Day #79 – Everything You Ever Wanted To Know About Receipts But Were Too Bored To Ask
Today's advanced technological procedures beg the question: "Can I destroy the original receipt if it has been scanned and saved electronically?" CRA's publication RC4409 on Keeping Records, has a very important paragraph that is easily missed: "Your electronic records must meet the requirements...
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Tip Of The Day #78 - Love Me Some Taxes
We all know the type. Every subject the group starts to discuss, he's the expert on them all. He's supposedly got the inside track with every name he drops and, of course, his accountant/bookkeeper is so "income tax savvy", that he always gets a refund every year. What a load of road-apples!...
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Tip Of The Day #77 – A Cautionary Tale of Two Leases
Is your leased vehicle an expense, a liability, or a pain in the asset? It all depends on the type of lease. A capitalized lease is both an asset and a liability How does that work? Well, if the lease has a "bargain purchase option", which is a stipulation in the agreement that gives you the…
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Tip Of The Day #76 - The Final Financial Frontier
Profitability: the financial frontier….The major voyage for your Business Starship Your continuing mission: Take control of your financials and explore strange new worlds of business management based on interpreting the information your numbers provide. Don't be one of those entrepreneurs, that…
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Tip Of The Day #75 - Purpose, Potential, Significance
Mark Twain claimed that, "The two most important days in your life are the day you were born, and the day you find out why." We've all been through the first one. Leadership guru, John Maxwell claims that highly successful people are the ones who have figured out the second. According to Maxwell,...
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Tip Of The Day #74 - Get S M A R T
Renowned 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...
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Tip Of The Day #73 - No Defeat Except From Within
Exasperating. Aggravating. Overwhelming. Sometimes this is the way running your business can make you feel. Those are the days, naturally, that you just want to pack it all in and give up on your dream. American writer, businessman, and philosopher, Elbert Hubbard, were he alive today, would...
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Tip Of The Day #72 - We All Need A Little Inspiration
As a wise and wonderful, forward thinking optimist was always known to say, "Anybody can do anything as long as it is not forever!!!!" Who was this famous person? Well, my mother was famous to me. Not to mention indispensable! Yes, my mother was that one person in my life who supported me through...
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Tip Of The Day #71 - Job Costing Just Time Consuming?
Job costing is an accounting technique generally used in situations where each job is different, performed to the customer's specifications, such as in industries like construction, fabrication, repair, and maintenance works, and in services such as auditing. Job costing involves keeping an…
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Tip Of The Day #70 - Would you like a little cheese with all that whine?
"The Universe is against me. I just can't get ahead. Everyone else gets what they want and they don't even work as hard as I do. I can't really afford the time or money to go after the things I want. I'm far too busy, too exhausted to try anything new at my age." Ah, excuses, excuses. Would you...
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Tip Of The Day #69 – Mentoring Matters
"A self-made leader doesn't make much." Leadership guru John Maxwell first wrote that statement almost ten years ago and claims it still holds true today. He, himself, is obviously quite financially successful but then again, according to Maxwell, he wasn't "self-made." No. This business "great"...
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Tip Of The Day #68 – Movin' on Up….Or Out
Top leadership thinker, the great John C. Maxwell asserts that… "A successful person finds the right place for himself. But a successful leader finds the right place for others." Even if that "right place" is in a totally different company than their current place of employment. According to...
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Tip Of The Day #67 - Losing your Memory or Losing Your Mind
The art of keeping track of your TRANSACTIONS,… ordinarily attributed to the professional bookkeepers' domain,… has definitely been made easier with the advent of super user friendly accounting software like QuickBooks and Sage. A savvy time saving tip for any size of business is to take…
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Tip Of The Day #66 - Google - Not Just a Noun Anymore
Is there anything more annoying than a computer collapse? We've all experienced it, that unexpected, unexplained cessation of all user-friendly behavior on the part of your PC. You have contacted your software support team. After several lifetimes on hold, you have finally reached someone who…
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Tip Of The Day #65 - Leadership and Learning
If you want something different, you have to DO something different. It only makes sense, and yet, in this economic downturn I hear so many business owners simply lamenting the "less than stellar" situation, instead of using all that time and energy to figure out a way to adapt or diversify their...
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Tip Of The Day #64 - A Cluttered Desk
The concept of a "clean desk" is much maligned in those popular internet jokes, said to be the sign of a cluttered desk drawer, an employee who doesn't do a scrap of work all day and/or a sick mind. The Harvard Business Review, however, claims that a neat desk can actually lead to five additional...
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Tip Of The Day #63 - He Shoots He Scores a Goal
There has always been a co-relation between entrepreneurs who set goals and those who ultimately achieve success. The process of goal setting helps you establish a clear direction which will lead you to the realization of your objectives. According to the Law of Attraction… "that which is 'like'...
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Tip Of The Day #62 - Stop EMAIL Seniority Over YOUR Priorities
Is EMAIL edging out productive time management in your office? Then it's TIME to put a stop to staff spending valuable minutes… that add up to wasted HOURS… answering every email that pings their way, completely disrupting their concentration. I have already suggested that you establish a...
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Tip Of The Day #61 - Think Like There's No One Looking
Wallace D. Wattles, author of the visionary book "The Science of Getting Rich", was teaching about the tremendous power our thoughts have to create our reality long before the likes of popular self-help gurus like Anthony Robbins were born. He was especially eloquent on the strength of mind and...
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Tip Of The Day #60 - You Sure You Want To ... To Hire Your Own Bookkeeper
Think carefully now,… when you know you can contract in the best team of bookkeeping experts ever outsourced, are you quite positive your business is such that you really need to hire your own? Okay then. Let's make sure you do it right. if you aren't using a recruiter, you're going to need to…
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Tip Of The Day #59 - Do or Die it Yourself
Ask any auto mechanic, and they'll tell you that the worst client scenario is you're dyed in the wool "do-it-yourselfer" who clearly can NOT do it themselves. Not well, at any rate, which ultimately necessitates the mechanic to not only complete the original repair but to fix the subsequent chaos...
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Tip Of The Day #58 - Somebody Screwed Up The Software
Running the wrong software program wastes time and money. The truth is that the accounting program best suited to your needs will depend on the type of business that you run. Just because a particular program comes highly recommended doesn't mean it will necessarily be "the be all and end all"…
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Tip Of The Day #57 - The Power of Thought
The bestselling book, The Secret, came out in 2006, popularizing the Law of Attraction, the Universal concept that states, through the process of "like energy attracting like energy," a person can improve their own health, wealth and personal relationships. Good news!… But old news, in fact....
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Tip Of The Day #56 - Get 'Er Done
Sure, you've got great goals for your business but where it all bogs down is what to do to actually get it there. Success expert, Brian Tracey, suggests this 7 step action plan will effectively "get 'er done." Decide what you want. Write it down Make a Deadline List what tasks need to be…
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Tip Of The Day #55 - Improved Skill Leads to Improved Productivity
All it takes is more training in an activity to increase your speed. More practice in the relevant process or program. Typing, for instance, is a fundamental skill used in any kind of computer related activity. If your data clerks are entering information all day long, using only two fingers,...
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Tip Of The Day #54 - Pays To Pay Attention To The % That Pays
Pays To Pay Attention To The % That Pays The 80/20 rule, prevalent in business today, is based on the idea that 20% of a company's clientele consistently bring in more revenue while requiring less time and effort than the other 80%, so why not simply focus on cultivating these stellar clients…
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Tip Of The Day #53 - Frog Legs Anyone?
It was Mark Twain who said "Eat a live frog first thing in the morning, and nothing worse will happen to you the rest of the day." This quirky, questionable advice has actually inspired productivity expert, Brian Tracy, who now uses it as an analogy in his quest to help business people better...
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Tip Of The Day #52 - Hire The A-List - Fire The Rest Of The Alphabet
Hire The A-List - Fire The Rest Of The Alphabet We've all had experience with the customers from hell. They come in different varieties, such as the one who shows up Friday afternoon demanding that a so called "urgent" order must be rushed out by the end of the day. Their procrastination suddenly...
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