Episode 60: How to Achieve the Successful Accounting Owners’ Mindset
"The only difference between successful people and unsuccessful people is just simply the way they think.” - Ed Chan
In this episode of The Wize Guys Podcast, Brenton Ward and Ed Chan with Wize Mentor, Michael Ferris share the best tips on how the structure and system should work for you and not you working for your accounting firm. Also, find out more about mindset shift and mentality.
Timestamps:
0:00 - Intro
0:34 - Tip #1: Ask yourself the question “Why should I be doing this?”
0:55 - Stephen Covey’s principle: ‘But if the principles work, the principles work’
1:28 - Tip #2: Look at the big picture to identify what's more important.
3:03 - Tip #3: Utilize technology through recording video training or instructions.
4:21 - Tip #4: Think the right way.
Quotations:
"Invest in your balance sheet because when you retire, you want your money to be working for you." - Ed Chan
"Where you end up in life is a consequence of the thousands and millions of decisions you make every day." - Ed Chan
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Download the full transcript here.
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