Tuesday, June 25, 2013

Honest, Fair and Successful Business

You are best business man. You want more money in the bank. You wish you had more clients. You wish you didn't have to work so hard to make money. You would love your business to be able to run without you. You feel like you are flying by the seat of your pants. You have been doing everything on your own and are scared to let go and give someone else some responsibility.

But deep down inside you really know you need to get some help. You can have all of this. Even if you don't know how. You can start from scratch. You just need to be aware of this thing called accountability. It's all about taking responsibility for your decisions and actions. I'm talking 100% personal responsibility to get the things you want in the paragraph above.

How can I deal with accountability to myself if I don't know how to get what I want?

People can teach you the how.

• Financial planners can make a financial plan for you.
• Attorneys can advise you on what type of business structure you should have.
• Accountants can tell you how to plan for paying taxes.
• Marketing pros can teach you how to market your business.

However, it's not their job to hold you accountable. In fact, accountability is no one Else's job but yours. It's your job. It's about self respect and taking a no excuses approach once people show you the how. It's about implementing. It's about having integrity with yourself. Walking the talk, right?

I want you to accept the consequences of your choices. I don't want you to be a victim (it's not the economy) about what isn't working in your business or with your money.

As a Certified Financial Planner professional, here is my list of 9 things you can do in your financial life. Remember - it's about accountability.

1. Creating an automatic savings plan.
2. Following through on a debt reduction plan
3. Raising prices
4. Blocking off a day to work on business rather than in business
5. Actually hiring people to help you and paying for advice
6. Doing an estate plan. Creating a living trust for your kids
7. Hiring employees and paying them
8. Reinvesting money back into your business
9. Setting aside the correct amount of money to pay taxes

Just remember that you are not perfect. I want you to raise your level of ambition. You can start from scratch, as long as there is accountability to yourself.

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