My Changing Business
I have had some pretty big things happening lately in my life.
1. My first child is graduating from high school and heading to college (yes, that's him on the left).
2. I had 3 big opportunities come up in the last month, and have spent much time thinking about them.
3. I made a decision on a new direction for my business.
First of all, let me recap the 3 opportunities that all showed up around the same time…funny how when you ask for something things just show up on your doorstep all at once!
The Recap:
1. I had the opportunity to take on a larger client that has a multi-million dollar online retail business. This would've taken an average of 15 hours a week of my time, but the work was just what I love to do.
2. I got offered a 30 hour a week job at Northern Michigan University as the Business Manager for the NMU fund. The hours required gave me pause, but the nature of the work, the salary and the fabulous benefits were all pluses.
3. I was asked by Intuit's Alison Ball if I'd consider being a part of the Intuit Writer and Trainers Network. This is a network of QuickBooks Proadvisors who writes training material, and presents trainings to accountants and end users of QuickBooks all over the world. What an exciting thought!
Since I already have a business that I love that keeps me busy 30-40 hours a week. But, I'm aware that opportunities like these don't come along every day! So, I had to make a BIG decision.
The DecisionHere's what I decided:
1. Take the 30 hour a week position. The benefits package includes tuition for my kids, so that was difficult to pass up. And, I get to work with the Board of Directors which includes some very accomplished business owners from all over the country. Love that part!
2. Turn down the new client (wish I had more hours in a week!)…
3. Become part of the Intuit Writers and Trainers Network only as a social media trainer for Accountants. This is very exciting to me, and prompts the move to my new business model!
4. Keep Tervo Financial Fitness, LLC as a training company only. In other words, I will still be offering my bootcamp and my workbook, but won't take on any individual accounting work from here on out. I'll consider the university my main client on that side of things.
5. Open another company to offer social media training for accountants. I am soooo excited about this! I find that I love to talk about social media, and have already been asked by several accountants how I can help them get setup with facebook and twitter. As I build that brand, I'll be blogging about it some more.
The Best Thing Is…The best thing that's come out of this business decision is my excitement for my business again. And, the realization that opportunities are boundless! Just open your eyes and look around…you are probably missing out on several that are right in front of you:)
About the Author
RebeccaTervo, CPA is a Certified QuickBooks Proadvisor who helps small biz owners run the money side of their business. Get her free video lesson: "The Top 10 Bookkeeping Mistakes Businesses make and How You Can Avoid Them" at http://products.tervofinancialfitness.com/10-bookkeeping-mistakes
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