Joe Woodard, the host of Scaling New Heights, encouraged us to have a goal for our conference. He probably suggests this every year and this time I decided to set one. Mine was to meet some of my mentor-heroes. This year’s speaker schedule was full to the brim of those mentor-heroes – Ron Baker, the guru of value pricing, Les McKeown author of Predictable Success, Stephen M. R. Covey author of the Speed of Trust, and Mike Michalowicz author of The Toilet Paper Entrepreneur, The Pumpkin Plan, Profit First and Surge.
Several hosted break-out sessions and I was as happy as a kid who gets the new phone book and looks up their name – I know nerdy – one of my kids would tell I shouldn’t say things like that in public. I love reading, and gathering new ideas. I’ve read all of Mike’s books and most of the others.
We connect with stories. Mike is a gifted story teller. He just tells it like it is. It can be rough running a business, wearing so many hats, having the funds on time to cover payroll. The failure rate for small businesses is very high but did you know that if you work with an accountant that you are 225% more likely to succeed?
A timeless money tip that I like to share with a prospective client is what to do with a dollar. I learned this from reading many Jim Rohn books. When you get a dollar give ten cents to charity, save 10 cents for retirement or long-term savings, and then invest the remaining 10 cents into an enterprise that will pay you a stream of income.