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Showing posts from September, 2021

Switchboard

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  Our progress has allowed us to be our own DIY switchboard. Podcasts help me connect. My monthly summary are podcasts that have connected with me.  The Just Enough Family  9/12 The Prof G Show Still love podcast even though I don’t make many phone calls….

Decisions

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  We are required to make numerous decisions in our personal and business life. Unfortunately, each decision is multi faceted and there is no definitive answer. How do we make and communicate our decisions? The reality that they are multi faceted needs to be understood. We also need to accept that all of our decisions could be incorrect and adjusted.  While I write this blog using my experience. Most of my opinions are erroneous. This week I’ll share some of my experiences and decisions.    Fees We don’t like to pay fees. This has caused many companies to hide the fees we pay. Eventually the hidden fee amount will become so large the companies that subsidize the hidden fee will reach a pain threshold. Recently, Apple reached this level. The ultimate arbiter is usually the judicial system. This changed wealth management and it could ultimately change phone apps. The problem is someone has to pay.  Lemmings We follow people indiscriminately, which can make us feel...

Remember

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  Traumatic events cause lasting memories and indelible reactions. We can remember where we were when traumatic events occurred in our life. In business, most of us will experience a corporate restructuring. This is a euphemism for getting fired. Many new independent firms are formed by professionals who were restructured. How we rebuild and what we remember is important. This week we will detail items we should remember.  New Ideas New ideas are the lifeblood of any successful firm. We need to be open to where the ideas comes from. It might surprise us. We need to keep an open mind and encourage all to contribute their ideas. Each idea will help us grow.  Endorsements Endorsements are prevalent in business. Is it just the fee or do the endorsers actually use our service? Unfortunately, most don’t use the services. Is our money better spent on different items. The Federal Reserve Presidents  Believe we need to minimize the appearance of conflicts. It is human nature...

Can’t find An Exit

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  We don’t choose our parents. We vote for our political leaders and we are recruited by our bosses. What power do they have to make decisions. If we don’t agree with the decisions what can we do?  We can talk to a professional counselor regarding our parents or quit our job or political party affiliation. We will discuss several ideas on how we can find the exit after the pandemic. The exit can feel great.  Priorities   Our priorities can be monitored by how we spend our money and time.  My pastor encouraged us to look at our checkbook for answers. I will add our Venmo account to the list. Unfortunately we are not aware of how we spend our time and money. Most put our kids and family at the top of our priorities list. Seems obvious but we don’t always walk the talk. Venmo knows the answer.  DIY We believe that the opinions on the internet are superior. We should trust and hire experts instead of spending time online. We might not agree with the expert’s op...