Sharing Accounting & Finance insights to grow your biz • Virtual CFO • Previously in Big Tech • Building https://xitter.cf/t.co/vLxrfVZvCn

Newsletter👉🏽👇🏽
Joined September 2013
Financial Metrics every business owner should know:
190
3,057
116
12,449
“Yesterday’s home runs don’t win today’s games.” – Babe Ruth
3
2
14
3,868
"I never dreamed about success. I worked for it.” – Estée Lauder
2
3
12
3,505
“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
3
2,439
Stop waiting for the perfect moment The only perfect moment is the one where you decide to take action
3
1
14
2,652
“Success usually comes to those who are too busy to be looking for it.” – Henry David Thoreau
1
6
1,805
The only thing standing between you and success is consistency Show up every day and do the work
1
9
1,888
"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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10
1,620
Before making an investment, ask yourself: ‘What’s the downside?’ Understanding risk is just as important as chasing returns
2
3
12
1,938
"The way to get started is to quit talking and begin doing." – Walt Disney
5
1,382
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
1
4
1,503
"The only place where success comes before work is in the dictionary." – Vidal Sassoon
1
1
5
1,605
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
4
1,675
“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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3
7
1,982
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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7
1,799
"Money is made by sitting, not trading." – Jesse Livermore
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3
1,328
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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5
1,507
“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
1
7
1,236
Don’t focus on perfection—focus on progress Get better every day, and success will follow
1
1
23
1,744
"Success is not final; failure is not fatal: It is the courage to continue that counts." – Winston Churchill
2
1,115
Giving clients excessive discounts is a sure way to eventually hate the work you do
1
4
1,390