Sharing Accounting & Finance insights to grow your biz • Virtual CFO • Previously in Big Tech • Building verticalcpa.ca
Joined September 2013
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1 May 2022
Financial Metrics every business owner should know:
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2 Nov 2024
"I never dreamed about success. I worked for it.”
– Estée Lauder
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1 Nov 2024
“Almost everything worthwhile carries with it some sort of risk, whether it’s:
• Starting a new business
• Leaving home
• Getting married
• or flying into space.”
– Chris Hadfield
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1 Nov 2024
Stop waiting for the perfect moment
The only perfect moment is the one where you decide to take action
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31 Oct 2024
“Success usually comes to those who are too busy to be looking for it.”
– Henry David Thoreau
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31 Oct 2024
The only thing standing between you and success is consistency
Show up every day and do the work
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30 Oct 2024
"Success seems to be connected with action.
Successful people keep moving.
They make mistakes, but they don't quit."
– Conrad Hilton
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30 Oct 2024
Before making an investment, ask yourself:
‘What’s the downside?’
Understanding risk is just as important as chasing returns
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29 Oct 2024
"The way to get started is to quit talking and begin doing."
– Walt Disney
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29 Oct 2024
A friendly reminder when you're hiring a new employee:
Take into account the total cost of the hire, not just the salary.
This includes:
1. Salary
2. Benefits
3. Taxes
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28 Oct 2024
"The only place where success comes before work is in the dictionary."
– Vidal Sassoon
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28 Oct 2024
For seasonal businesses, like landscaping, summer camps...
It’s critical to budget for the off-season
1. Keep cash reserves handy
2. Lower your expenses to the lowest possible amount
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27 Oct 2024
“To be a successful business owner and investor, you have to be emotionally neutral to winning and losing.
Winning and losing are just part of the game.”
- Robert Kiyosaki
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26 Oct 2024
A reminder about being right in investing:
“In this business, if you’re good, you’re right six times out of ten.
You’re never going to be right nine times out of ten.”
- Peter Lynch
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25 Oct 2024
As an accountant, you get to see the financials for a lot of businesses
Most people assume that a big business is a good thing...
But the most profitable businesses aren’t the biggest
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24 Oct 2024
“All you need for a lifetime of successful investing is a few big winners, and the gains from those will overwhelm the losses from the stocks that don’t work out.”
- Peter Lynch
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24 Oct 2024
Don’t focus on perfection—focus on progress
Get better every day, and success will follow
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23 Oct 2024
"Success is not final; failure is not fatal: It is the courage to continue that counts."
– Winston Churchill
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23 Oct 2024
Giving clients excessive discounts is a sure way to eventually hate the work you do
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