Courtney De Ronde - TDT CPAs and Advisors
51 min

Today we get to focus on one of my least favorite, yet arguably most important topics for Small Business owners. Managing your accounting and cash flow is critically important to make your business successful and to keep it healthy. The reason accounting isn’t my favorite topic is that I am just not very good at it. I have focused most of my business efforts on the top line of sales and growth – not always the best technique.

Today I am looking forward to learning more about how choosing the right CPA and advisor can help achieve better results and help business owners take their companies to the next level. To help educate us today we are joined by Courtney DeRonde, a Managing Partner from TDT CPA’s and Advisors.

  • 00:00:00 Small Business Show #299 for Wednesday, October 21, 2020
  • 00:01:07 SPONSOR: Linode. Instantly deploy and manage an SSD server in the Linode Cloud. Get a server running in seconds with your choice of Linux distro, resources, and choice of 10 node locations. Visit Linode.com/SBS to start with a $100 credit. 
  • Courtney DeRonde, Managing Partner from TDT’s CPAs and Advisors
  • “Sales is the oxygen of your business”
  • Accountants are Advisors
  • “I know what we do and how we help…”
  • Dig Into the Data:
    • How does your business make money?
    • What are your margins?
    • Which customers make you the most money?
  • Have visibility into your cash flow
  • If you don’t want to pay any tax, don’t make any money
  • Safe Harbor Tax Payments
  • We Love Mistakes
  • Learn your own Emotional Intelligence
  • Transactional Relationship vs. Customer Relationship
  • Stop waiting for certainty! 
    • … because you’re going to be moving backward
  • Find Courtney… and get a free guide!
  • feedback@businessshow.co
  • Review Us!
Entrepreneurs on Fire Business Podcast
Entrepreneurs on Fire Business Podcast
John Lee Dumas of EOFire
How to Change the World One Miracle Morning at a Time with Hal Elrod
Hal Elrod is the Executive Producer of The Miracle Morning movie, based on the bestselling book that has sold over 2-million copies and enabled millions of people to transform their lives. Top 3 Value Bombs: 1. Choose to be the happiest and the most grateful while enduring the most challenging time in your life and focus on what you want in life. 2. The mission that The Miracle Morning and Hal's is to elevate humanity's consciousness one morning and person at a time. 3. Wherever you are in your life right now is where you are supposed to be, it doesn't always feel that way, but be at peace with where you are while maintaining unwavering faith that you can and will get where you want to go and take action. When you finally get there, you look back and realize that timing and the journey are always perfect. Get your ticket now! Movie + Training + Q&A + 30-Day Challenge - The Miracle Morning Movie Sponsors: Thrivetime Show: Looking for a business coach who has helped thousands of entrepreneurs just like you to increase their profitability by an average of 104% per year? Schedule your free consultation today with Clay Clark at ThrivetimeShow.com/fire! Thinkific: Join Thinkific’s first ever 5-day Course Challenge and walk away with a complete blueprint for your online course that you’ll be ready to put into action! Sign-up for this FREE challenge today at Thinkific.com/fire!
35 min
The Great Man Within
The Great Man Within
Dominick Quartuccio and Bryan Stacy
How Money Effects Our Masculinity feat. Teri Kelley
In my 20s, I went out on a first date with a woman who asked me a question I’d never been posed before: “How would you handle being with a woman who made more money than you?” To highlight how un-woke I was at the time, I was caught flat-footed and without words because in all honesty: The thought had never crossed my mind. Part of that was because I was in financial services, in a big job and making more money than most people I knew…especially people my age. But on a deeper, subconscious level, I’d always just assumed that I would be the breadwinner in any romantic relationship. Not just assumed it, I felt it was my duty – my obligation. And then I started to wonder “where the hell did that belief come from?” Fairly quickly I came up with some answers: * My father was the breadwinner in our family while my mother made the choice to stay at home * Every movie or tv show I’d ever seen portrayed a man’s role as financial provider as essential to his masculinity * Every movie or tv show I’d ever seen where a man didn’t make money, he was portrayed as less than a man (he was fumbling through life, women didn’t want him, other men ridiculed him) And yet, in real life, I was surrounded by amazing female friends, bosses and coworkers who were crushing it financially. How had I failed to see this? How had I failed to upgrade my operating system? This wake-up call from my date kickstarted an inquiry into my beliefs around money and how those beliefs had shaped my masculine identity. It made me think back to previous dinner dates where my date picked up the check, and I would feel a wave of blood rush to my face – preempting the oncoming humiliation – of being witnessed by everyone else at the restaurant as a man who couldn’t pay the tab for his woman. I knew this thinking was antiquated, but it was so deeply ingrained in my DNA that I couldn’t override the feelings of shame that would accompany the situation. I’ve come a long way these last 15 years in unraveling that unconscious programming. Even though I’m still the one picking up most of the dinner tabs, I love it when a date offers to treat me. I genuinely experience it as a gift, and I enjoy it if other people witness her gesture of kindness. Today, I lead deep inner work discussions with both men’s and women’s groups alike, exposing blind spots of our unconscious programming – like money and masculinity – that prevent us from connecting with one another…and from feeling that deep sense of inner security that we all crave. So today, I’m bringing on a very special guest - and financial expert - who has a bird’s eye view of how unconscious masculine belief systems play out in money and relationship matters: My dear friend Teri Kelley. Who is Teri Kelley * Teri is a Senior Vice President and Financial Advisor at Morgan Stanley * Earlier this year, she was named by Forbes as one of the Top-10 women wealth advisors in the state of Arizona * In 2019, Teri hired me to do 4 months of deep, intensive coaching after suffering a massive panic attack after burning herself out…so we worked on breaking her free from drift and taking back her life on her terms * Through that, we developed a deep bond and friendship that gets stronger by this day * In her work as a financial advisor, she oversees clients with assets ranging from $2m to $30m…and has a unique perspective in how unconscious gender dynamics play out in some not so great ways when it comes to money In this Episode * Why so many male/female relationships fail – or experience untenable tension – when the woman earns more * You’ll explore whether your self-identity requires you to be the financial provider in your romantic relationship…or if you’re ok with being a partner that provides in non-financial ways * What happens when couples don’t reckon with these unconscious gender roles when it comes to financial dynamics * Why you still may feel emasculated when your partner makes more than you, even when you know better, and how to upgrade that * Teri also addresses the question of “how do I know when I should hire a financial advisor vs. going at it on my own?” Resources: The Automatic Millionaire by David Bach: https://amzn.to/36VUeJI
57 min
Millionaire Mindcast
Millionaire Mindcast
Matt Aitchison
Capitalize On The Best Investment Opportunities You May Ever See In Your Lifetime | Nathan McDonald
In this episode of the Millionaire Mindcast, we have an impressive guest Nathan McDonald who shares his knowledge and insights about Angel investing, Due Diligence Process in real estate, collaboration based-investing, good returns, and positive cash flow during this economic crisis! Nathan McDonald is an entrepreneur, investor, CEO of Keiretsu Capital, and Chairman of Keiretsu Forum in Northwest Region. Keiretsu Capital is the exclusive worldwide fund partner of Keiretsu Forum and manages angel co-investment, blockchain, and real estate funds for its investors and supporting startup companies. They are ranked as the most active venture investors in the USA and growing to be 55 chapters globally. Under Nathan’s leadership, Keiretsu Capital has launched four co-investment funds and now manages over $30 million from over 180 Keiretsu investors and over 160 portfolio company investments. With his skills, he quickly builds the Keiretsu Forum in the Northwest region into the fastest growing angel investment group in the nation, adding over 850 investor members and facilitating over $300 million in funding for over 400 companies. Nathan believes that companies who have not embraced technologies during this financial crisis will be left behind as the market accelerates quickly. Likewise, the best thing investors can do is invest. Anyone can do as long as you believe in the business you’d liked to get into and be willing to take the time out there. Get your money moving, get into the economy and the community by supporting businesses that are able to generate returns. For Nathan, during these uncertain times, recession, and downturn, is where the best companies in the world are created. It is just finding opportunities in the middle of chaos. Particularly in real estate businesses where there’s plenty of opportunity on the liquidity side. Some Questions I Ask: * Tell us a little bit more about the Keiretsu Forum and the context of your community and platform? (00:37) * What do you guys see out there and why do you feel through Keiretsu that it is such a great and promising time to be exploring, diversifying, and looking at some different investments out there? (03:59) * What kind of product that you guys are coming across in syndicating, funding, investing and that is coming through the platform in the Form? (06:24) * What is the Due Diligence process? (08:27) * What are some of the things that you guys do when you’re digging in the Due Diligence process that gets you excited or disappointing? (13:27) * What are some of the industries, sectors, products that you guys are very bullish on or embarrass on? (14:57) * What do you guys look for in an investment, syndication, and real estate? What the market landscape looks like right now as well as a kind of head into the future? 16:45) * What do nice returns in the context of what you guys from a fund perspective are looking for to provide for your investors as well as for your fund? (19:43) * How to distinguish what is the right approach to finding and getting returns and opportunities? (20:55) * Who is the ideal investor in your funds and in your community? (24:02) * In terms of minimum investment or accredited or non-accredited investors, what is the kind of avatar made up of that investor who might be coming to you guys? (25:41) In This Episode, You Will Learn: * What Keiretsu means (01:25) * How to find businesses that will give you good return during this crisis (05:06) * The reasons why companies don’t raise capital (13:57) Quotes: * “Through technology, you can reach the marketplace around the world.” * “Real estate is just an entrepreneurial market as technology.” * “Everyone can contribute to the fact that you believe in them.” Connect with on: Keiretsu Forum Keiretsu Capital LinkedIn
38 min
Social Pros Podcast
Social Pros Podcast
Jay Baer and Convince & Convert
How to Create Organizational Culture Change Using Social Media
Sallie Poggi, Director of Social Media at the University of California, Davis (UC Davis), joins the Social Pros Podcast to talk about social media crisis management and how to cultivate culture change within an organization using social media. Huge thanks to our amazing sponsors for helping us make this happen. Please support them; we couldn't do it without their help! This week: Salesforce Marketing Cloud SocialMedia.org Full Episode Details Use Social Media to Create Positive Change Do you remember when social media was more like an experiment for brands than a real business strategy? Back then, brands did not grasp the potential that social media offered. Nowadays, social practitioners are a key part of the fabric of an organization. Sallie Poggi, Director of Social Media at the University of California, Davis (UC Davis), reminisced about a time when social media practitioners weren’t deemed as necessary as they are now. Today, instead of “tweeting in the corner,” we have a seat at the table and help to “make decisions and set strategy from a high level.” Social media is used for so much more than updating followers about what you had for lunch. When used properly, social media can be leveraged to build relationships and create culture change across an entire organization. In This Episode: * 07:56 – How the social media team at UC Davis operates * 11:18 – How Sallie established her own department and how it helped to elevate her at the table * 18:15 – What you can do to get other social media communicators on your side * 21:48 – How COVID-19 has shifted Sallie’s approach to social media crisis management * 26:06 – What social media metrics Sallie tracks * 30:04 – How Sallie got the UC Davis Street Team program off the ground Resources: * Get the new State of Marketing report for free from Salesforce * Find out more about the community at SocialMedia.org with a special form for Social Pros listeners * Find out how you can launch your first LinkedIn campaign with $100! * Learn more about UC Davis Visit SocialPros.com for more insights from your favorite social media marketers.
39 min
Business Lunch
Business Lunch
Roland Frasier
Episode 216, Daymond John’s Biggest Takeaways From 2020
“All the success that he (Daymond) has achieved has happened because he combines intelligence with an incredible amount of hustle, and this is critical; humility. I’ve never seen somebody so willing to give and so willing to share it. And that is exhibited right now at this moment because he’s here talking with us.” Ryan Deiss Daymond John doesn’t need much introduction among entrepreneurs. He is an American businessman, investor, television personality, author, and motivational speaker. In this episode of Business Lunch with Roland Frasier, we get to sit and hear what guest Daymond John had to say to the participants of Ryan and Roland’s 21for21Challenge. You can read more about that here. “The biggest breakthroughs happen when we’re kind of backed up against the wall. That’s when we’re forced to act. We tend not to fix things when they aren’t broken. So that’s really what this, 2020 has been about a year of learning”. Ryan Deiss. Listen Today For, • Why Daymond is always optimistic, even in a year like 2020.  “But many times you see that these people, your staff, and your customers and your partners and strategic partners, they step up. I’ve also seen a lot of tragic things happen around the country, but I’ve also seen people who have nothing go out of their way and give what they can. So I’m always an optimistic person about what’s going on in the world.” Daymond John. * The two different kinds of people there are in the world and how they respond to difficult times. “COVID has just highlighted either people’s weaknesses or people’s strengths.” Daymond John. * The importance of your WHY. * The big thing he learned from 2020 that he will take into 2021 “What are you really selling you in your business, in your brand? What are you promising somebody? And the best way to do it is to explain it is like if you’re a gym and you’re selling people gym memberships, and you think that that’s what you’re selling people, know that you’re selling them a healthy lifestyle, you’re not selling them gym memberships. So, understand what you are delivering to somebody, and you’ll realize that your brand or yourself, you’re much larger than you thought”. Daymond John. * The flip-side tip not to forget. “Don’t do things that are not in the area that you’re at, just because it’s an easy way to make money because you will repel customers just as quickly. I’ve seen that happen already as well.” Daymond John. Thanks so much for joining us this week. Want to subscribe to Business Lunch with Roland Frasier? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will help us improve the show and connect us with more high flyers like you. You can also find us on your go-to podcast platform here.  Mentioned In This Episode Thank you to our partners, Conversion Fanatics. Follow Roland Frasier On Facebook  On Instagram  Through his Website  Follow Business Lunch Podcast On Twitter On YouTube Thanks so much for joining us this week. Want to subscribe to Business Lunch with Roland Frasier? Have some feedback you’d like to share? Connect with us on ApplePodcasts and leave us an honest review! Your feedback will help us improve the show and connect us with more high flyers like you. Click to find us on Apple Podcasts and other podcast players.
19 min
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