Slash the Knot Strategies

Life an Outrageous Quality of Life

Casey loves camping, especially if he’s near a golf course. He particularly enjoys leisurely trips with his wife down to northern California. Napa Valley is a favorite with campgrounds nestled between mountains and vineyards and with its historic towns, great food and first-rate golf courses. It’s a fantastic location for camping, hiking, biking and walking.

Casey wasn’t always a camper. In fact, he really didn’t have a lot of outside interests. For nearly two decades, Casey, a senior partner at a large accounting firm has been busy building an accounting practice, a practice that consumed him. If there was a problem, he had to solve it. If clients had an issue, he had to deal with it; this despite already taking on two thirds of the practice’s client load. Every aspect of the practice relied and identified solely with Casey, and every aspect of Casey identified with his practice. In 2001, after working 3000 hours - nearly 400 in each April and May – Casey was run ragged. Consumed by his practice and his workaholic tendencies, Casey was heading for ‘semi-retirement’ without a succession plan in place for his firm, or for his life.

Things steadily improved with coaching. With a succession plan in place and performance coaching for his team, Casey’s hours decreased from a high of 3000 hours in 2001 to his current 1800 hours per year. And with partners focusing on charge out rates, percentage of billable time, and recovery rates, business volume increased, the bottom line improved and accounts receivables decreased from approximately ninety to one hundred days previously, to most being collected now within forty-five days.

Entrepreneurs, like Casey, usually run into major obstacles as a result of not having enough time off personally. They need to take the time to step back and reflect on the business. They need to spend more time making decisions to drive the business ahead versus spending all their time running the day-to-day operations. Entrepreneurs need to take holidays so that they are fresh, reinvigorated and more productive in the end. Read more.

 

 

Breakthrough Concepts

 

Believe in building a successful business to create a fullfilling and meaningful life. 
Start with you. What do you want your life to look like? What do you want your version of an outrageous quality of life to resemble? 
Uncover your personal interests and pursue them.  

Take twice the amount of holidays. The more time you take, the clearer you will get on wht you really want. And, you'll have far more energy to get you there.  

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