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coaching

Three Ways to Create Abundance for Your Business

By | AskConnie, Cash Flow, CEO Mindset | No Comments

I wanted to share a secret with you. There was a time where I didn’t think about abundance in my business, either through creating profit or creating a plan. I know, that’s shocking and so embarrassingly true. During the growth stage of my business, if I did think of my business finances, it was after running around with my head cut-off and usually somewhere around 2am. Seriously, during that stage the only thoughts I had around cash or abundance or profit was lack. I now call that “Living in the Land of Lack”, where everything is lacking just a bit…

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Fable Time: What if You Exchanged Money and Chocolate?

By | Accounting 101, Cash Flow, CEO Mindset, Profit First | No Comments

Let’s create a little Fable where Money isn’t, well, the current currency. Let’s take a trip into a mind-bending fable today. I want you to dig deep into your inner trick or treater, and imagine… what if in our reality, candy was the form of currency and exchange? Do you remember when you traded your Halloween haul – like licorice for a Hershey’s or two KitKat bars … but let’s get more specific … What if Chocolate were Money? (A Modern Day Money Fable) Once upon a time, our heroine of this story would jump out of bed every day, excited and ready…

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Look Behind the Scenes of Uncommonly Poor Habit Skills

By | Business 101, CEO Mindset | No Comments

Recently, I’ve been looking at habits differently than I have in the past. As I open up my awareness, the universe ended up providing me with a lot of information. Information landed in my inbox, there was a summit I listened to, even the podcasts I was choosing seemed to have a similar message and theme. More importantly, it was not only something I was thinking about it, it also came up in conversations with a variety of individuals and during my mentoring sessions with customers. When the universe is basically screaming at me to notice a trend, that’s when…

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Growing Your Business? Get Out of Your Own Way

By | Business 101, CEO Mindset | No Comments

In today’s post, I’m going to dive into a lesson that explores that when you’re growing your business, there is only one word that separates success from failure. Problem Identified: Success is Continually One Step Out of Reach This lesson learned happened during the growth phase of my business. As I look back, I can easily see the strides forward I made. Being IN the moment though, it kept feeling like I was taking 10 steps forward only to take 5, 6, or even 12 steps back. Last year I realized what was missing. It wasn’t a new tool or…

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Time to Focus on What Happens When You Add Accountability

By | Business 101, CEO Mindset, Profit First | No Comments

You’ve set an intention for financial freedom and started to implement and use the Profit First plan, and then you were derailed. This post is going to talk about how accountability is a key step in the process to keep us focused and on task of reaching our financial freedom goal. Reminder Profit First Process In an earlier post I shared the basic steps (you can read the full post, here): Create smaller buckets, set-up the basic 5 accounts Adjust your accounting tool and process to be timely, accurate, and useable Establish your Target Allocation Percentages (TAPs) and transfer funds…

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It’s True: Airline Safety Can Strengthen Your Business

By | Business 101, Cash Flow, CEO Mindset, Profit First | No Comments

On my flight to LA last week, there was a funny safety presentation; this was some spark in what is usually a rather dreary monologue, so I listened intently. As I looked around, I was one of a handful of those paying attention. Which is too bad, because those that didn’t got called out by that comedic flight attention, with a simple – “for those not listening, good luck.” Which gave me a creative pause, if the plane is falling out of the sky and oxygen is lost, will you put on your mask first? Or panic and scream since…

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Practice of Choice: The Mouse in the House

By | Business 101, CEO Mindset | No Comments

I love living in the country. The fresh crisp smells and stillness of the air, the ability to see all the stars at night, and all those amazing things you can normally only see when you are able to be still. Those are the good days. Then there are those middle of the night wake up calls that make me wonder if it would just be easier to live in the city. This is not the first time this has happened, actually, it happens at least once a year: the call of nature letting you know – well, that you’re…

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What Businesses Can Learn from Wicked (yes, the musical)

By | Business 101, CEO Mindset | No Comments

I love live theater – professional, community, musicals, you name it. There is something extraordinary about a group of people coming together with a single mission: to spin a tale and share their passion with an audience waiting to receive. Add in live music, and I am transported into the story. So when I saw that the Broadway musical, Wicked, was coming to Portland I decided the local ADI Accounting team members would attend opening night. I have seen Wicked before, where I was originally mesmerized by the possibility of the storyline – truly not the same storyline that Dorothy…

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Working the Numbers

By | Business 101, Cash Flow, CEO Mindset | No Comments

Things change in business, $#!% just happens. We lose one client, not a big deal, but lose three, four or even five, then you may need to take action and quickly! I recently heard someone say: Few people know the target they are heading towards. Most put life and finances on autopilot, waiting for “IT”  to show up. Such a smart statement; which I know is a true statement, because I have witnessed it time and again with clients. It was even the catalyst when I changed my brand and expanded my practice back in 2001. Recently, it happened again…

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Business 101: Calculating Business Cash Needs

By | Accounting 101, Bookkeeping 101, Business 101, Cash Flow, CEO Mindset, Outsourcing, Profit First | No Comments

  A conversation with a prospective client this week brought up an old topic: running a business based on bank-balance-accounting (you can read more on that topic here). The business owner was a start-up and their prior accountant did set-up QBO for tracking. The accountant stopped as of 12/31, and didn’t provide any training or support. Since the business owner didn’t have the skill set to update their accounting tool, he was left running his business simply based on what his bank balance was, which was the reason for the call: he needed his accounting brought current so he had…

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