I have been in small business and tech for years now, and have made a ton of mistakes and enjoyed many successes as well. Through serving hundreds of clients through Accountants 2.0 and through my own experience, I have been able to identify some of what makes a high-performing business and owner.
Although there are many concepts that lead to growth with less pain and more enjoyment, Focus is something I believe entrepreneurs need to concentrate on.
What do I mean by Focus?
As entrepreneurs, we are wearing a ton of hats…. I have so many hats that I could be 20ft tall, like hard hats, helmets, visors, and even swag hats from suppliers! We have to worry about so much to keep everything flowing. Like how much money do I have, and will there be enough next month to service my employees, customers, suppliers, and family?
Start by focusing on your purpose and why you are doing what it is that you are doing, then look at whom you are trying to serve. After you have figured this out, you then would benefit most by systematically offloading the work that doesn’t serve your purpose, so you can Focus on what makes you great and benefits your patrons most.
Most people go into business because they have a skill that they can use to benefit someone but aren’t necessarily doing it to run a business and all of the stresses that come with it. Find the areas that cause you the most pain, perfect them yourself, then train someone else to take it over, or outsource it to people that specialize in it and can do it better.
By offloading, you get to focus on what matters most to you, your patrons, your team, and your family. I hope this starts to paint a picture of how to get more enjoyment out of being a small business owner.
Share your thoughts with me on how you are moving towards business enjoyment, or maybe some pointers you have found to be useful.
President of Accountants 2.0
Ted Williamson, Passionate About Simplifying the Entrepreneurial Journey
With over fifteen years of experience owning and managing businesses from contracting, professional services and technology. Ted Williamson offers a strong vision and knowledge of the future of business and of the bookkeeping, accounting, and advisory industry. He currently serves as President of SRT Accounting for the past six years, where he has helped hundreds of owners and entrepreneurs comply with regulations and improve their business’ accounting best practices through his unique philosophy of communication, cooperation, and transparency.
In 2020, Ted launched Accountants 2.0 to improve how the client/firm relationship is adjusting to the needs of today’s business owners. As the accounting industry continues to evolve, Ted’s focus is making certain that business owners are not left behind and benefit from industry improvements, emerging technologies, and business strategies.