Business Discussions
Recently active
One of my largest pet peeves is having a mess or clutter. It throws off my energy and seriously distracts me! In the accounting profession, documentation and work papers are obviously of the utmost importance. The problem is all those paper files grow and grow and grow!! Eventually they take up more desk space, more file cabinets are required, and more copy paper & printer ink is used. I view it as a complete waste of resources on top of a personal aggravation! Many of the people I work with use old school methods. This is how they conduct business and prefer to operate and I have found it difficult to convince clients to use/learn more software apps such as HubDoc. They are busy running their businesses and really do not want to modify how they operate to please their bookkeeper. What are some methods people have used to promote a digital workplace and client relationships?? Almost as important, does digital equate to more efficient??
Sometimes great businesses start with a revelation: “Why work for someone else when I can do this exact same job - but on my own terms!” The bold entrepreneurs we’ll meet in Going Indie have all done just that -- quit their salaried positions to declare independence, starting up their own ventures in the same field. Name: Lee Weinstein @lweins Business: Weinstein PR Founded: 2007 Location: Portland, Oregon The Revelation: Lee recalls, “I’d been at Nike 15 years, I loved working there, loved the people. I was literally shaving one morning, I was coming up on my second sabbatical and I asked the guy in the mirror, ‘Do you want to be there 20 years?’ The guy in the mirror said, ‘Hell no!’ I was surprised that I felt that strongly about it. I didn’t know what I wanted to do if I left Nike and that led me to a whole process of what I was going to do next.” The New Venture: Guided by his belief that, “We go along forgetting that our time here is limited
I once had a client - I'll call her Becky - who had a penchant for long, drawn-out phone calls and email exchanges that frequently got in the way of my doing actual work. I tried all sorts of mitigation strategies, but at a certain point it became clear that my income from her business was far outweighed by the opportunity cost of doing business with her. It was time to let her go. Have you ever had to "fire" a client? What was the final straw, and how did you finesse the end of your business relationship? QB Community Home Talk About Your Business Find Inspiration
Knowing nothing about producing chocolate didn’t stop former accountant Patricia Tsai from making it her escape route out of a life of corporate boredom. A decade of research into the confectionary arts + a very influential friendship later, and Patricia’s a leading industry expert with products that are changing the way Californians look at chocolate — for good. We spoke to Patricia to find out how the long game worked in her favor, the challenges she’s faced while growing her brand and what she's hoping to learn next from *you* on the topic of networking. Name: Patricia Tsai Business: ChocoVivo Started: October 2009 How did you create your awesome job? Like most college grads, I didn’t know what I wanted to do with my life. I studied finance and accounting, so I fell into the corporate route because that’s what I thought I was supposed to do. I got my CPA and took a job as an accountant with Kodak, but I soon wished ther
Are you constantly growing? ( mentally) Your mind is your most important asset, by far -- inspiration comes from many fountains, inc. the world of podcasting, where many thought leaders share their accumulated, or in progress, stories, states, & strategies! Here's the Top 10 that SBSL & its founder, me ( SJ ) subscribe to & learn from often. Feedback welcome -- what are yours? And if you've not yet heard of any of these, thoughtful insights welcome on what you learned after doing so :) https://itunes.apple.com/us/podcast/how-i-built-this-with-guy-raz/id[removed]?mt=2 https://itunes.apple.com/us/podcast/rich-dad-radio-show-in-your-face-advice-on-investing/id833641766?mt=2 https://itunes.apple.com/us/podcast/school-sucks/id326517856?mt=2 https://itunes.apple.com/us/podcast/the-entreleadership-podcast/id435836905?l=es&mt=2 https://itunes.apple.com/us/podcast/the-go-giver-podcast/id[removed]?mt=2 https://itunes
About 2 mos. ago, I had the honor & was duty bound to share a series of slides with a livestream audience ( with about 2-3x more on replay ) - the topic? "The Roads Less Traveled ( Besides College )" In there, I spoke for a few mins about the '10+1' trends that I'm tracking as a part futurist, part early adopter ... ... why? Every single one of them ties in with my life's mission, purpose, & burning desire : at the intersection of entrepreneurship, education, free enterprise, & economics. Here are a handful of them - always glad to share more if the interest in this community is there! - Lifelong learning ( bite sized, non credentialized ) education - The Gig Economy - Blockchain & [ the 1000's of ] Cryptocurrencies
What on earth happened to June? This month has FLOWN by. July is nearly here, and summer’s long, warm days are lulling me into believing they’ll stick around forever. They won’t, of course, so now’s the time we’re all trying to get outside as much as possible (especially here in my home city of Seattle, although I’ve recently been spending my outdoor time power-washing winter moss off the deck). This last month in the QuickBooks Community we highlighted a lot of outdoors-based small businesses and explored the quickly growing outdoors recreation industry. (We even wrote some of it while sitting outside, so we could be totally authentic!) Here’s a roundup of all the great people we met and things we learned during June’s “outdoorsy” month. Check it out and then tell us: what are you doing outside this summer? We met plenty of folks who turned their passion for outdoor adventure into paying jobs. From biking to hiking, offroading to boating, these active entrepreneurs make s
Name: Matthew Jensen Business: The Electric Boat Company Location: Seattle, WA Launched: 2005 Before Matthew Jensen came aboard his family’s electric-boat rental company, he was busy in San Francisco working in mergers and acquisitions and starting up a few businesses of his own. A year ago he returned to Seattle to help with the management and logistics of The Electric Boat Company, a thriving business that lets customers toodle around Lake Union with a boatload of friends, their family or with business colleagues. We spoke with Matthew about how he confronts the challenges of operating a seasonal business and how The Electric Boat Company has scaled to keep the operation afloat for nearly 14 years. Matthew, what made you decide to come back to Seattle and focus your career on the family business? I worked as a management consultant for Ernst and Young for about five years. My goal was to get enough experience learning from other businesses to become a successful entrepreneur
Your friends and family are 100% on your side - but the way they express their care and support can vary widely. One thing I've learned? Not everyone shares the same cost-benefit analysis when it comes to self-employment. (That may explain why reactions to my news ranged from "That's totally awesome!!" to "Are you sure you wouldn't prefer a little more...job security?") When did you tell family and friends you were ready to go into business for yourself, and what was their reaction? How did you go about making the Big Announcement?
Last week, my employee of one-month flaked out for the fourth time. It was the last straw. I gladly said sayonara (who needs that kind of “help”?), but it meant my whole week got really stressful. I was down a person, but I had to keep up with the regular work pace while also trying to find and interview a replacement. Fortunately, two days later, I found someone amazing. So amazing, in fact, that ultimately I’m glad I went through all the unexpected stress and added craziness because the new situation is so much better! Does any part of this scenario sound familiar? If it does, please tell us: Have you had an unexpected pitfall in your business (or your life!) that turned into a better opportunity in the end? (As so many entrepreneurs know, sometimes a pitfall -- like getting laid off -- leads to a life-changing decision to go it on their own. Here are some stories about why some of our community members made a professional “piv
When did you know that working for yourself was going to, well, work? What made you feel legit enough to say, “I own my own business”? Maybe it was your first customer (who wasn’t your mom!), or a check made out to your business name. Or perhaps you’re still wondering if your endeavor will succeed. In this series we’re asking entrepreneurs, “How did you know when your business was Really for Real?” Entrepreneur: Pascal Depuhl @photosbydepuhl Business: Photography by Depuhl Launched: 2004 Location: Miami, Florida Today, there’s no question of whether Pascal Depuhl’s photography business is a success, but way back before his client list included the likes of National Geographic, BBC, Netflix and Macy’s, he was just a guy who thought maybe he could do this thing he loved for a living. So he made a website, put some of his photos on the internet and before he knew it... “I got an unsolicited email from a company that provided a retouching service to photograp
Hello, I´m starting my busines in California and I have a doubt about the invoices I issue.I haven´t started yet so I think is a good time to ask this:My company has a service agreement with another California company. This mean I get paid every month the same amount as a company. Because of that every month I issue them an invoice. Should taht invoice contain taxes? is the rate 9,5% correct?
Flexibility is not only a crucial key to success, it’s also necessary -- especially when bringing a brand-new business to life. Things don’t always go according to plan, and when that happens entrepreneurs have to think on their feet, come up with new strategies and sometimes even take their venture in a new direction. In this series, The Startup Snag, we’re learning from established business owners who hit a snag early on and cleverly solved the problem. We’ll also find out how they’re doing today. Entrepreneur: Adam Wegener @trashamps Business: Trash Amps, DIY & readymade audio speaker kits Started: 2010 Location: Santa Clara, California The Startup Snag: Adam says, “When we first started selling our trash amp kits, I had rented a kiosk at a mall -- you know, one of those little carts where no one wants to talk to you. We had made just one product on the day we opened and I had never done anything before in retail. This was before the mobile credit card
"Hey Dad - wouldn't it be cool to play with all that outdoor construction equipment?" Yep, it would. Here's how Extreme Sandbox CEO Randy Stenger turned his son's vision into a successful family business.
Can sales tax be excluded from the value of an asset for property tax purposes?
If you have an online store, do you prefer ebay, Etsy or Amazon? And why?
Michael Bush, CEO of A Great Place to Work For All, firmly believes in treating employees well. Michael says it’s not only the right thing to do, but treating employees fairly bears economic fruit which, in turn, creates the freedom for a business to grow without limit. Michael has crunched the data behind this concept, and he’s learned that what may be a great place to work for one person (think: straight white male) may not be so great for someone else (think: gay black female). Question is, how can employers create an equitable workplace for all? During an interview with QB Community leader @LeslieBarber at QB Connect 2017, Michael, who also analyzes corporations and creates the Fortune 100 Best Companies to Work For list, shared his wisdom about taking good care of employees. Based on their conversation, we’ve consolidated his insights (and edited them for length) to eight key tips. 1. Remember employees are human beings: “You have to treat people with respect, credibility
I took a day trip to Portsmouth, NH, over the weekend and lemme just tell you: The downtown area was rocking more rainbows than a Lucky Charms commercial. It seemed that every shop, bar, and art gallery waved a flag out front for LGBT Pride Month, and every over-doorway banner and sidewalk sandwich board carried a message of love, respect, and inclusion. Personally, I thought it was pretty cool to see an entire commercial district come together like that. Is your business doing anything special for LGBT Pride Month?
Happy Pride Month to all! Did you know that LGBT-owned businesses, while a small percentage of small businesses in the U.S., report almost three times the annual revenue of other small businesses? And the 1.4 million LGBT-owned businesses in the U.S. contribute $2.5 trillion in annual revenue to the economy, according to a National LGBT Chamber of Commerce report. Those are some stats to be proud of! Just like when women support women-owned businesses, LGBT support is crucial to LGBT-owned businesses success. Here are some out and proud organizations supporting these entrepreneurs through training, funding, promotion and community. Organization: StartOut What they do: StartOut connects and educates LGBTQ entrepreneurs to empower great leaders and businesses. Their goal is create jobs and prosperity for LGBTQ individuals and for the local communities in which they do business, and to be recognized and respected for our contributions. How they do it: Through offeri
What is the best part of working for yourself? And what’s the worst part? Identifying the challenges and the wins of owning your own business keeps it real and allows you to find a reasonable balance of ups and downs. Entrepreneurs in the QB Community share their favorite and least favorite aspects of going solo in this series Worst Part/Best Part. Can you relate? Entrepreneur: Hanna Broer @HannaB Business: Hanna Broer Design Started: 2011 Location: Craftsbury, Vermont Hanna Broer does it all at her lingerie business -- from design to sewing to racing packages to her tiny town’s post office before the 2:30 closing time. From her third-floor sewing studio (where she sits atop a village grocer and a tattoo parlor), Hanna told us the best and worst parts of working solo. The Worst Part: “Sometimes I struggle with having to do so much myself. I’m a one-woman business, so I can’t delegate if I’m sick, or if I have an overload of work. I would love if someone else
Name: Ryan Loften Business: Mt. Tam Bikes Camp Location: Mill Valley, CA and trails all over Marin County Launched: 2006 In 2006, Ryan Loften was working as a bike mechanic, a waiter and a “manny.” Juggling all these roles wasn’t easy, but Ryan decided to add “entrepreneur” to the mix. Inspired by his year of mountain biking solo through Nepal, India and Southeast Asia, Ryan wanted to share his love of biking and exploring the great outdoors with kids in his own Northern California community. (Marin County’s Mount Tamalpais is the birthplace of mountain biking.) His plan? To run week-long summer mountain biking camps for kids ages 8-14. The first season, Ryan rode with 50 kids throughout the summer. Now he and his coaches ride the rocky trails with more than 300 sweaty, dusty, tired and very happy campers. We caught up with Ryan as he gets ready for his busy summer season to learn how his business has changed over time, why being a boss is his greatest challenge and why, unlike most e
Flexibility is not only a crucial key to success, it’s also necessary -- especially when bringing a brand-new business to life. Things don’t always go according to plan, and when that happens entrepreneurs have to think on their feet, come up with new strategies and sometimes even take their venture in a new direction. In this new series, The Startup Snag, we’re learning from established business owners who hit a snag early on and cleverly solved the problem. We’ll also find out how they’re doing today. Entrepreneurs: Sara and Dru Giuffrida Business: Dru Bru, a brewery/taphouse in the mountains of Washington state Started: Winter 2014 Location: Snoqualmie Pass, Washington The Startup Snags: Sara says, “The first winter that we were open was the absolute worst winter on record here at Snoqualmie Pass. There was almost no snow, so the skiing and snowboarding crowd we depend on was pretty much non-existent. It was brutal because we just weren't getting the traffic we
When you’re starting out in business, there’s just so much to learn -- including all the things you don’t yet know you don’t know! We believe a great way to save time, reduce stress, make smart decisions and avoid costly mistakes is by learning from others who have been there, done that. So here are some valuable insights from entrepreneurs in our QB Community who have already experienced the good, the bad and the ugly of starting a small business -- this time, they’re talking about the very first days of their brand new business ventures. Alexia Burke, co-founder of Izza Pops: “I started making my own ice cream at home from coconut milk and cashews and sharing it with friends for feedback. I brought some popsicle prototypes to a dinner party at my now co-founder's house. She loved them! Within a month, we’d both quit our jobs to build a company and create a product we couldn't find on the shelves. I was 27 with no real financial or personal obligations, I realized thi
It's summertime and that means outdoor markets! Many an entrepreneur in QuickBooks Community got their start in a market stall, which makes sense because farmers' markets, bazaars and craft shows are a relatively low-cost, low-stress way to take your product out for a public test drive. These six small business owners got their starts at a local market, and now they run successful companies, sell in large retail chains and have devoted followings. If they can do it, so can you! Heidi Withers & Nikki Dougherty, co-founders of Heidi’s Salsa (Luko Foods LLC): “We were really getting into sharpening our culinary skills and that evolved into hosting 12-course suppers for friends where we’d present our creations. The joy we felt from sharing our food with others was really magical. In summer 2011, Nikki approached me with an idea to join a local farmers market and sell our two favorite creations, my family-recipe salsa and Nikki’s fruit spreads named “Maj,” whi
Name: Tyra Lovato Business: Trainer Tyra and class leader at Joyn Location: Portland, OR Launched: 2013 Some of Tyra Lovato’s clients know her as trusted, reliable, number-crunching accountant. Others know the New Orleans-native as the rockin’, shakin’ leader of dance classes like My People’s Cardio and the always-smiling Restorative Pilates instructor. No matter which “hat” Tyra is wearing, her desire to help people do better and live life to the fullest fuels her entrepreneurial drive. Motivated by a personal commitment to bring out the best in everyone she meets, Tyra is a certified fitness and nutrition coach who has built her business around an inclusive, holistic approach to wellness that’s energizing, inspiring – and incredibly fun. Tyra, tell us about your journey so far as an entrepreneur. The first couple of years were the most challenging for me because I didn’t know where to focus my energy. It took some time for me to realize my niche. As a teacher, my goal is to inv