Tag: Self Help (3 articles found) - Clear Search

How To Approach Bigger Business Players In Your Niche

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"The only person you are destined to become is the person you decide to be." -Ralph Waldo Emerson

Successful people rarely reached the top without a lot of help along the way. The ability -- and willingness -- to ask for help is one trait that really stands out among those who are truly committed to success. You find these people at your local Real Estate Investors Association https://nationalreia.org/find-a-reia/

Personally, I've been approached a number of times by tax and accounting "up-and-comers" I and have seen this done the right way ... and the wrong way. Whether it's your boss or another entrepreneur, here are some tips for seeking advice and connections from those who get asked for this all the time:

• Do NOT waste their time. Once they've agreed to help, get to the point quickly. Don't go through your life story in excruciating detail, nor spend an hour explaining your business plan or the plot of your novel. Plan what you want to ask so you can make a clear, succinct request.

• Be as specific as humanly possible. Don't just ask, "What should I do?" Imagine you can ask only one question (because that may be the case). Identify the most important issue you're facing that your expert is qualified to address and build your question around that. You may get a chance to ask a follow-up, or to move on to another subject, so be prepared, but don't assume you'll have all the time in the world to get to what you need.
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Dream Now. Yes, Now.

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“Life isn’t about finding yourself. Life is about creating yourself.”  -George Bernard Shaw

You'd probably be surprised if you sat in on some of the meetings I have with certain tax planning and preparation clients.

This is by no means the majority of my clients, but there are some who have socked away a significant nest egg ... but who are bored, tired, and a little numb.

And, of course, there are those among my clientele who have not yet reached the financial (or otherwise) zenith they've been working so hard towards, and they are still stuck in the grind of "everyday living". They spend hours reading the "news" and tilting at windmills on Facebook, and then they wonder: where is all this time that others seem to have to build their career?

In many instances, they haven't taken the time to re-assess whether or not what they're shooting for is, in fact, the place where they will be most alive.

They haven't taken the time to dream. And, more importantly, they haven't put a concrete plan to whatever dreams they might have had in earlier days. They're dragged around by their nose by national events and whatever circumstance comes their way.
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Frustration Is High Right Now

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I've written a fair amount over the past few weeks about all of the specific provisions in the CARES Act, related to economic stimulus checks, various tax savings strategies, financial implications, and then some.

And I will continue to be covering these topics in the weeks ahead.

But today I want to address you around this particular social moment we're in right now.

Yes, I'm a tax professional -- I'm not a counselor, religious leader or a psychiatrist, obviously -- but in the course of the last couple months, I have had the privilege to speak with MANY people about their finances, their mindset, and how they are responding to all of this.

Because you can pick your problem -- there are PLENTY all around us.

We have clients all over the map on just about every issue -- from virus measures, to civil liberties, to economic concerns, to re-opening, to medical concerns, to ... you name it. 

And almost NOBODY is satisfied about, well, anything.

I'm reminded of the old curse: May you live in interesting times.

(And do you want to know something fittingly ironic? The source of that curse is supposedly China ... but even THAT is unclear. Yes, these times are "interesting".)

What we are really seeing is a breakdown of trust, and it's happening all over the place. Trust in social and governmental institutions are at an all-time low, trust in the media ... even lower. Trust in our friends is even breaking down.

So much of this is driven by social-media-fueled anger and envy ... but let's not pretend these 
trends just suddenly "cropped up" after the invention of Facebook.

Our cultural agreements are fraying around the edges.

Which is why I keep coming back to this: how you carry yourself and your own mind is the 
most important aspect of this current crisis.

This has implications for your wallet, your family (if you have one), your friendship circles, your business (if you still have one), and your future.

You have a choice TODAY about how you funnel your energy and your attention. How will you 
treat those who disagree with you (on important things even)? How will you organize your lockdown-restricted day?

Unless your vocational calling requires you to run down various rabbit holes of viral pathogens 
or nefarious cabals out to take over the world ... ask yourself:

Does this information that you are consuming help you accomplish the mission you've been given in life?

Are you moving your family, your career, and your soul forward through what you are doing right now?

If the answer to those questions is still "yes", great.

But if it isn't ... may I humbly suggest the following:  

Rise above.

Yes, this can be especially difficult in this cultural moment. Yes, you might be massively affected by what is happening right now in our world. But YOU decide what drives YOU. Nobody else can do that for you. And will you move our local world forward? That's what we're trying our best to do here, with our tax clients and our blog friends. And I hope you'll join us.

BE THE ROAR not the echo®

Warmly,

Janet Behm
Utah Real Estate Accountants
(801) 278-2700

"CRISIS Action Plan" for my clients and friends:
1) Don't marinate in other people's panic. Be mindful of your social media consumption.
2) Continue to stay financially and logistically prepared for worsening situations.
3) Make sure you have some ready, liquid assets, if you are able. (I.e., cash in the bank, and in hand.)
4) Set aside plans for any big spending until the dust settles -- but especially look out for your small business owner friends and vendors.
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