Here’s our Wednesday Wonders newsletter for Wed Oct 2. It’s a 2 min digest of interesting stuff I come across each week for people in the accounting world. To get these directly in your inbox every week, go here>>
1. What I found useful
China Is Not a Technology Superpower. If you take a global perspective on things, you’ll find this article really interesting. China wants to lead in artificial intelligence and other technologies. How well is it doing? Learn here.
2. What’s working for me
The Up Front Contract (UFC). Big thanks to Bob Harper, who’s been holding me accountable with some sales stuff recently. He reminded me of UFCs and their value in sales calls and meetings. Originally from Sandler sales training, read here how beginning such meetings with the end in mind makes for better outcomes all round.
3. What I’m listening to
An Accounting Technologist Reveals What’s Really Happening. Enjoyed doing this interview on the Accounting Influencers podcast with Blake Oliver, who also hosts the Cloud Accounting Podcast. Check it here…
4. What made me think
A woman is now running one of the UK’s top banks, with Alison Rose now leading RBS. This is good news since research shows that companies with gender diversity in the boardroom are 21% more likely to be more profitable than their peers and 27% more likely to create superior value (The Guardian).
5. What I’m reading
Simplify: How the Best Businesses in the World Succeed. A book by Greg Lockwood (an entrepreneur) and Richard Koch (a venture capitalist). A great read on focus and simplification have allowed some companies to dominate their world. Thanks Des O’Neill for gifting me this book. Des runs ProfitPro, who are running some great accounting growth masterclasses here in the UK – learn more here.
6. Quote I’m chewing on
“Think profit, not revenue – it’s not what you make, it’s what you keep.”
As a business owner myself, this is not news. But we get so close to what we’re doing, the obvious stuff sometimes becomes blurred. That’s why we need great accountants and business advisors.
That’s it for this week – more goodies next Wednesday. To make sure you get your copy, sign up here…