How Can I Become Proactive About My Accounting | Ask Clay Anything

Show Notes

Are you wanting to become proactive about your accounting? Are you not sure where to start? Clay breaks down the importance of scheduling a specific time and place to work on your accounting each week

Super Move 1- Schedule a specific time and place to review your numbers ever week

  1. The Ripple Effect: If you make certain actions or decisions, it could affect the decisions of your children, friends, family, etc. 
  1. Example- Generational Sin
  1. Employee VS Contractor:
  1. Do they work for you? Do they use your tools? Do you tell them what to do? If so, they are an employee.
  2. Do they use their own tools? Are they working on a contract basis? If so, they are a contractor. 
  1. Be sure you get a Certificate of Non-Coverage when working with a contractor. 

  1. Have a specific place with boundaries to work on your finances
  1. Has to be a place where you cannot be distracted or interrupted
  2. Has to have every tool or resources needed to complete the task
  1. Block out a specific time to work on your finances 
    1. Sights
    2. Sounds
    3. Tools
    4. Internet Access
    5. Computer with 2 Monitors
      1. Book Recommendation – The Last Lecture – by Randolph Frederick Pausch (October 23, 1960 – July 25, 2008) was an American professor of computer science, human-computer interaction, and design at Carnegie Mellon University (CMU) in Pittsburgh, Pennsylvania. Pausch learned that he had pancreatic cancer in September 2006, and in August 2007, he was given a terminal diagnosis: “3 to 6 months of good health left”. 
    6. Pencils
    7. Paper
    8. Highlighters
    9. Software 
Business Coach | Ask Clay & Z Anything

Audio Transcription

How Can I Become Proactive About My Accounting Ask Clay Anything Recovered

If you have ever felt reactive about your personal financial planning, this is the show for you.

We get emailed the question a lot. A lot of people ask me at business conferences, a lot of people ask us in coaching sessions, they’ll say, how do I become a proactive about my accounting? How do I do it? Well, the the, the specific things you need to do, um, are a separate conversation. But where you’re going to be in, when you’re going to do it is where it all starts. So I’d like to, to tee up this idea of where do you need to be and when are you going to schedule the specific time needed to do

your accounting.

You have questions. America’s number one business coach has answers. It’s your brought up from Minnesota. Here’s another edition of ask clay. Anything on the thrive time business coach radio show?


yes, yes and yes. Welcome back to another exciting edition of the ask me anything portion of the thrive time show. And today we are getting into the meat and potatoes of where you need to be when you are planning your finances. And I’m recording today’s show with a great enthusiasm to help you fix your financial future. But I am trumped. I am out, uh, done. Uh, I, I, well I’m getting one upped by none other than Tulsa’s and Oklahoma’s number one CPA in every way. Mr. Paul Hood. Paula, how are you sitting? Great. Clay, I tell you, I appreciate all the kind words and you know what? We’re getting clients in about every state in the United States and, uh, you know, we’re, we’re spreading our reach, you know, and it excites me, clay, because one of the things that we sometimes forget to think about is when we help somebody improve their decision making. Yes. An angel, the picture, the ripple effect that has on their kids, their family. Wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait. Did you say the nipple effect?


Hey, Hey, Hey, listen. This is, this is, uh, uh, I just finished seeing your praises. I just finished endorsing you. I G I put my reputation out there. I put my future on the line and I say, this is a proactive seed. Then the net ones, BA and then we do that. And then all of a sudden you say the nipple effect clay, I said, ripple effect. Are you, were you traumatized with a nipple at some point in time they seem to have a ripple, you know, I write Rupel, you know, I write the business laws on the, on the walls here and the man cave, uh, one of the laws that I wrote down, it was more of a question. Now the power of questions, Jason, there’s certain questions that are powerful, right? And one of the questions I wrote down, and it’s, it’s a question I’ve never found out.

I said, why do men have nipples? Exactly. And I wrote it down and I’ve just been obsessed about it since the age of like nine. And I just, I’m sorry, I just, I have a thing. I have a thing. My, my, uh, what am I, and I don’t know if she read this on, on the Facebook or what they, they have, I have beautiful young granddaughters and my daughter in laws breastfeed, we can say that right. Breastfeed. And one of them said, one of them said, well, if you can say that [inaudible] better to check that out. Um, I don’t know if they read it or they made it up, but basically laying in bed at night, breastfeeding, looking over at your husband and his worthless nipples sleeping away. Can I keep this audio clip before we get back into the ripple effect real quick? Let’s get back to the ripple of, Oh, let me, let me queue this up here. This is from a

Christmas vacation. Here we go. Clark Griswold goes into a department store in the lingerie section. I was just smelling smiling. That was just flowers browsing the wife or your girlfriend. What happened? Oof. Wouldn’t be any cool. Wouldn’t be the Christmas shopping season that the store were any less food or than and harder than they are. It is warm in here. You have your coat on? Yes. Oh, do I? How did that happen? Cause it’s called out. Is spit NYPLI out. I mean nippy out.

How did we go there? We kind of got off track. No, I’m sorry. I just that, okay. So let’s talk about the ripple effect, ripple effect, you know, and some people back in the day called it generational sin or what have you. You know, typically if you do certain things, if you make certain financial decisions, if you live a certain way, your kids tend to and when we can help people, um, change that and make good financial decisions with their business and, and, and create wealth, uh, it, it has a ripple effect to help ripple effect, to help their kids make good decisions as well. Clay. So I’m excited about people’s future and their kids’ future, which requires nipples sometimes on a bottle. Otherwise that’s right, that this no matter what, no matter how many times we say ripple, now all the listeners we’re going to think of nipple.

Doesn’t matter what we say, how we, how we emphasize our sound. Okay, we’re going to talk today though seriously about one big idea that everyone needs to two masters. One idea, got one show focused on one idea and that is you’ve got to schedule a specific time and place to review your numbers every week. Absolutely. And this right here is a game changer for people that I just feel like it’s undersold under taught. We frankly probably don’t emphasize it enough, but let’s tee up this scenario. All right. So my wife handles taxes for our businesses and uh, this time of the year, uh, Paul, can you explain the kinds of things that business owners have to do this time of the year as it relates to reporting to the internal revenue service at this time of the year? All, there’s all kinds of forms and reports for payroll, for franchise, for income taxes, for sales taxes.

Basically it all involves compiling data and send it to big brother and telling them how much you owe them. So let’s, uh, let’s go, go through them here. Uh, my wife is gathering 10 99. Can you explain what a 10 99 is? Maybe where the number comes from, what it is, what it means? 10 99. What’s that? Yeah, it’s a form that you receive when you are doing a contract work or you versus being an employee or a form that you send out to contractors that work for you, that are not employees, that reports how much you paid them or how much they paid you with your ID number, their ID number, it goes to the IRS, it matches up then when that person or you file a tax return. Now we don’t have a lot of contractors, but for the listeners out there that have a few contractors, why would or listeners out there who don’t know the difference between why you’d want to hire an employees or contractors?

Um, I like to hire employees, a meaningful time, people. Uh, can you explain the why? So w w who is a contractor and who’s not, and in general terms. Sure. And that’s a great question, clay, because [inaudible] and we could spend a week’s where the show’s on it. The, the people have a miss, uh, miss thought that, that they think they can choose whether they’re, uh, paying somebody, an employees or contractor. The IRS looks at control. Do you tell this person what to do, how to do it, when to do it? Do they only work for you? Do they use your tools then? They’re an employee. If they, uh, generally if they genuinely have their own business, they do use their own tools, they work for other people, then they’re subcontractor and you pay them accordingly. You don’t take out payroll taxes. How often do you see small business owners that are trying to make their employees contractors?

How often do you see where a business clearly makes the schedule for? The employee clearly tells them the hours they need to work, the manner in which they may work. And the person, the, the, the person who makes income from only one source, they don’t make income from other businesses. They make income from one source. How often do you see scenarios like that where somebody is trying to misclassify somebody and say they’re a contractor and not an employee? Very often clay, because it is, it’s a lot simpler and it’s actually saves the money if you pay somebody as a, as a subcontractor versus an employee. But the problem is, is when that subcontractor gets fired or they get hurt, and then they go down and they try to file a workers’ comp, or they tried to file unemployment, and then all of a sudden you’ve got the state of Oklahoma knocking on your door saying, Hey, you owe us all this money. Or if the person have you pay, they don’t, or the contract to the you pay, they don’t pay their taxes. Right. And most of the time they don’t because most, a very large percentage of the time, the quote unquote employee slash subcontractor to, because they’re not a truly a subcontract, they don’t understand, uh, that they, there’s no tax has been withheld. They have to pay it. And so at the end of the year, they’re not very happy. So let me just tee this idea

up for our listeners out there. Uh, my wife is gathering up all the 10 99 and we really don’t have a lot of them. We may have, I think maybe four or five, just not 10. I mean, four or five people that are contractors. And let me just explain to you the people that I have allowed to beat contractors and why. Um, we’ve got one guy in our life who does really, really great work in his niche, his area. Um, but he receives income from two other sources. And so if you add up what I pay him per year and you add up the other place that pays him per year. And the other place, he has three entities all paying him approximately the same amount of money. So when you add it all up, he’s making about 150,000 but 50,000 from three different entities. He also does, he has owned his own workstation at his house or he does a lot of work from his house and he is free to come and go as he pleases. Right? So that would be a contractor. Now that would be a contractor. That would be a contractor. Now

let me say one thing here, real big piece of advice for people that do have contractors. Be sure you get what’s called a certificate of non-coverage, which means they give you a certificate that says they have their own workers’ comp insurance because that can sink your ship. If somebody is working for you on your, whether they’re a contractor or not and they get hurt, then they can Sue you. But if they, if, if they, if they’re truly a subcontractor, they should have their own workers’ comp coverage and they’ll give you what’s called a certificate of non-coverage.

If you don’t have them do this, this could be bad for you. Let me give you an example of how it can get bad. Years ago I hired a general contractor to do work or do construction on the elephant in the room downtown. This would be seven, eight years ago and it’s the 16th in Boston and the construction begins now and the construction begins the general contractor, you sign a contract with them typically stating this is how much it’s going to cost, this is how long it’s going to take you pay draws, you pay maybe three equal payments. So it’s about a sixty thousand seventy thousand dollars build out. And a, I can’t remember all the specific splits. Just said there was three payments of $20,000. Day one construction begins, things are fine. Day one, Paul, things are fine. Day one, they always are. So day one are starting, things are fine.

Day two, a lot of hammering, a lot of nails, a lot of you just hear a lot of, you hear a lot in the background. There’s a lot of, you know, just kind of hammering, nailing your this. It’s, it’s, it’s, it’s the, I liked that sound. That’s a great sale. Fresh wood smells good. Things are good. Solid us. When they come upstairs, they say, clay, here’s the deal. Um, the plumbing issue, you have some plumbing problems downstairs and uh, in order to get the water to the shampoo bowls, Jason, you explain to listeners what a shampoo bowl is. It is basically a sink that you lay down in, that’s attached to a chair so somebody can shampoo your hair while you relax with a hot towel on your face, which will make sense for a barbershop or a men’s grooming lounge. They said, we, in order to get the water where we need to go, you have to dig a trench through the foundation all the way to the dirt to put in the plumbing. I said, okay. So the city inspector comes by and tells us you can put it here, you can’t put it here, you can do this, you can’t do that. Great. So then construction continues and they have to dig this trench. So I hear this, but they’re downstairs. So I’m upstairs working and they’re downstairs. So it’s kind of more like I can hear it kind of, but it’s not like right. You know, cause they’re, they’re downstairs and I’m upstairs.

I’m not in the room with these people. Right. Well then I hear this and then I hear this


it was like, now they’re in the room with me cause it was like


what? No, I mean seriously it started, they’re not in the same room. You hear that, you know, I’m going, what in the world? Guy comes running upstairs. Ah, what’s going on? He says, the concrete man, the guy, the guy cutting the, the devil go, whew. The plot. The plumber is the plovers. It’s like a play, like Pictionary or something. The plumber guy, he has cut his foot off and I’m like, no. So we run down there and we got a gusher here. It’s just like blood everywhere. I’m sick, I mean just so sick and so nasty. And it’s just like raw. So we take plastic and put it on the guy’s foot and type it up cause it is like a gusher but not kid. And he cut his foot in to the shape of a triangle, into the shape of a triangle. And so I, uh, talked to the general contractor who wasn’t on the job at the site at the time, just the plumber guy was, he said, Hey, your guy has cut his foot in the shape of a triangle.

We’ve rushed him off to the hospital. Uh, his foot is dead in the shape of a triangle. Well, I guess the, I guess the plumber, you know, uh, no, seriously, even to this day can no longer, uh, work, you know, or the way he could, he could, uh, lost his big toe, which is your balance. And all that stuff. So he got calls the general and says, Hey, I need to, you know, workman’s company to file cause I need to get compensated. That’s what you have, that insurance. And the general says, ah dude, I don’t have that. And he goes, you don’t have that. And he goes, you told me you did. He goes, Oh, I just made up those forms. Those are old forms. And I just changed the date and turn those into clay. Woops. And uh, so he’s like, Oh dude, come on now.

So then they came after me saying that I was acting as my own general contractor and that I hired the plumber director. That was their move. And I ended up winning and not having to pay and all this stuff. But the point is, had had, I have had a document, I did get a document of workman’s comp from the actual contractor, which was forged. But because I had it, it was a pretty simple case. Sure. Cause I could show that a guy was fraudulent with the documentation. But I think it’s so, so important. If you’re out there, you got to, what do you call that document? Their non-coverage. It just means that they, that’s proof that they have instrument. Paul, whether talking about gathering

certificates of non-coverage or any aspect of your financial life, why is it so important for people to be proactive about their financial planning? Do you know if you’re going on a trip, clay, you just don’t get in and start driving in circles. You go, you design where you’re going to go and then you get in your car and you go and you know where you’re going to stop and get gas when you’re going to eat and where are your, what hotels you’re going to stay in. People need to do that with their finances. They need to have a specific time to, to measure their results, to see if they’re on track to get to their designation. So if you’re out there today and you’re saying, financially I’m not getting where I want to go, you have to take action today. You’ve got to schedule a specific time and place to review your numbers.

And I was talking before, this is the time of year where my wife is filing 10 99 she’s filing a W2’s. She’s sending all the things to the IRS and she has a specific place in our house where the kids can’t come into that area and she has a specific time. She works on it when the kids are not there. Paul, why is that so critical to have a specific place with boundaries and a specific time to work on your finances? What clay? You know, people make this very complicated, but it’s not, you know, if you’re going to exercise, you’re going to go to a gym. Oh, I have equipment there and okay, you’re going to have no what you’re going to do before you get there, you’re going to make sure the equipment’s there. You’re going to know how much time you have and what you need to get accomplished.

When you do the same thing with your finances and people just don’t do that. You need to know what tools you have. You need that you need. You need to know when you’re gonna do it. How are you going to do it, how long you have to do it and be focused so that you can get in, get it done and get out and now we’re going to do is we’re going to walk you through the specific variables, the specific aspects of the place and the time. Okay. Let’s talk about the place. The place has to be a place where you can be uninterrupted. Correct. It has to be a place where you’re not being chronically distracted. You have to, so is that, I do know people, and I’m not saying this in a as a ridiculous idea, this is an actual idea that works.

I know of one guy who’s self-employed who does very well. He’s got a crew of about three guys and he works out of his truck and he just sits there with his laptop and works there. He’s like, no one bothers me. No one harasses me there. It’s a place where I can think and he does the rest of his accounting at his house, but he doesn’t do any accounting at his business because he says thought out. Yeah. He thought I goes, when my kids are gone, it’s quiet. My wife’s gone. So I go to my house to work on my accounting. I don’t work at it at the office because people are always bothering me. I’m like, okay, if that works for you. Um, I know other people who were, have a home office they’ve built, I know some people that have to do their taxes and accounting at 5:00 AM in the morning.

I know some people who do them late at night, but I don’t know anybody who does their taxes and accounting proactively who doesn’t have a specific place and time set aside to do it. You just have to set aside a specific time and place. If you don’t, Paul, you work out. When do you work out? What specific time? Usually about five 36 o’clock every morning. Every morning. So a six days a week. Six days a week? Yes. What time? Six five 36 o’clock. Where do you work out? Uh, I have a home gym. So you have a home gym? Yes. At what time?

Five 36 o’clock. You don’t ever get up though. And go, ah, I should work out. I wonder where I should go. No, it’s it’s, I know exactly where I’m going to go. Now. I sometimes think, well, I’d like to go eat that doughnut instead of working out, but you know, I know where the gym is and where I’m, what I’m supposed to do and when I’m going to do it. But you stay physically fit because you have a specific time. Correct. And a place that’s right. Now, I think though, if you didn’t have a specific time and a specific place, you probably would not be proactive. You would drift. You would drift in life. And my wife, we have five kids, five, she homeschools four of them. So homeschooling, four kids running multiple multimillion dollar companies. And think about that. Think about, think about how much harder my wife’s job is than mine.

She home schools for kids and does all the accounting and all the legal aspects of multimillion dollar companies. Five kids, four of which she homeschools. Now that doesn’t mean the fifth kid is now on on her own. She’s driving her to school, picking her up, helping her with life issues, coaching her with her homework. I mean, so my wife’s probably putting in a good 90 hours a week between these things, but yet she always stays on top of the accounting because she has a specific place and a specific time to do it. If you’re out now, if you’re out there today and you’re saying, I don’t know how to do this, we’re going to now walk you through the specific items that you have to have available in order to be proactive about your accounting. And so Jason, I’m going to read off these items here for you.

Okay. And then you could kind of break down a little bit of narrative as to why you believe that we need to have set items. All right. Gotcha. So if you’re going to be proactive about your accounting, you’re going to have to have a place that is visually not distracting for you, the sites. Do you get easily distracted visually? Not anymore. Really. I used to like, so you could do your account. Could you do your accounting at Starbucks? Yes, you could. It’s not secure. Somebody, somebody out there though, probably couldn’t somebody out there could. Oh yeah. I think I could probably do my accounting at Starbucks. I mean I think it’s like the white noise is fine for me. Yeah. But I couldn’t do it like in a library. Yeah, no, I had people watching the library. I, that’d be bad. Now the sounds, the ambiance, the overall sounds.

What kind of music do you need to have? Do you need the kind of person likes to work with silence? Do you need to have the sound of moving water? Do you need to have, uh, what, what do you need? Some people need to listen to background music. Some people need to have a little bubbling, uh, kind of water sounds. Some people need to listen to classical music. Some people need silence, but you got to find out what kind of sounds work for you. What kind of sounds worked for you, Jason? If you’re reading a book for me, if I’m reading a book, it can be anything that does not have additional words. Cause the last thing I want to do is if I’m reading in my head is also here. Other words cause I’m distracted. Do you live? Do you try to break down the lyrical miracles all the time.

That’s awesome. All right. Now that’s me too. If I’m listening to a rap song, I listen to the words. Yeah. I don’t think most people do though. No, they don’t. I don’t understand that. You can listen to rap without listening to the words, but that’s why we have to ask ourselves because some people might say, I love listening to rap. That’s how I do my work. Okay, fine tools. Think about the tools you need to do your taxes and accounting. I know these might not seem complicated, might not seem like the ideas in the world, but how often have you sat down to do something? You go, Frick, I don’t have it. I don’t have a highlighter. I need a highlight. I don’t have a pin. Right? I don’t have, I don’t have a power cord for my laptop. I don’t have, what do you not have?

So you don’t make a list of all the tools you need and get that in one place. You know? So for me, I got the high liners, I got the pins going on. You got the turbo tax going on yet you’re, you know, you maybe have QuickBooks going on, you’ve got an Excel spreadsheet, you get your box of receipts, whatever it is. You’ve got to have a specific time and place and you got to have the tools. Now internet access, Jason be sat down to do something maybe on the road on a trip and you can’t get solid wifi. Yes, you’ve done, you’ve done this before. You can relate to this. Oh absolutely. So if you’re out there listening and you’re going, gosh, what are the frustrations with my accounting is every time I go to this place, the internet spotty or these are all things that could cause dysfunction and could cause you to get stuck in a rut and to get to a place where you’d never get your accounting, your accounting done.

So you’ve got to set a specific time and a specific place to do your accounting. Yes. But you have to have all the tools. Now. One tool and one life hack. I want to give all the listeners out there that will help you dramatically is having two monitors. Oh yeah. Jason, do you have two monitors at home or one? So I have my laptop that I have hooked up to another screen. You know, I can float between the two. Nice. Yeah. Well that came from the time when I was in accounting and I, that was the first time I’d used a dual monitor and realized what have I been doing this whole time? It ups the game so much. Yeah. Cause you can look at data on one screen. Yup. Let’s say you can pull up QuickBooks on one screen and the other screen, look at your spreadsheet.

You don’t have to keep minimizing and maximizing and it’s a dramatic, uh, help. Um, and for those of you who are saying what class, okay. That’s your opinion. It’s really not. In fact, Randy Pausch, who was a computer scientist at Carnegie Mellon, uh, what happened was he found out he had terminal cancer and he decided he was going to make a list of all the things that he does to be more efficient as a way to kind of get back his last lecture, basically teaching people, he says, you know, time is our most important asset. And he discovered that he had pancreatic cancer and essentially he was going to be dead in six months. And he thought, you know, since I’m going to be dead in six months and I’m now realizing I only have six months left, I’m going to teach people how to not waste their time and just very simple moves that will help you save time.

And one of the things that he discovered over his, throughout his career, and he did studies on this at Carnegie Mellon, is the average American workers able to get between 30% and 100% more work done when they have two monitors. Nice. That mean series, that’s double the word. That’s crazy. Yeah. Other stuff you might need is pencils. Maybe you need pencils, maybe you need paper. Maybe you need a highlighters. Maybe you need, what software do you need? But what you can’t do is you can’t just show up at the end of the year with a box of receipts and try to get your taxes figured out. This needs to be a weekly exercise. You can’t let it drift. Jason, have you ever had a garage that got out of control or a drawer in your house that got out of control? Oh yeah. The junk drawer. Explain what kinds of things we could find in your junk drawer at the peak of its dysfunction.

So you’re going to find one of those like multi-head screwdrivers that doesn’t have a single head to it. Nice the socket. There we go. Check batteries from God knows how long ago. Okay. Check. Possibly a receipt from one of the few paper receipts I’ve kept. What about a gift card to a business that no longer exists? Oh yeah. You have some of those? Yeah. Let’s, sorry, not not to one that doesn’t exist, but like some that are so old and I don’t even know if I could check the balance because the numbers weren’t off like a Footlocker. But you have a gift certificate from foot locker from like high school. I wish. I love garden. I was never a sneaker head nor have I really been all of good. Really? Yeah. What kind of gift cards are you getting there? Man? You in Walmart you get visa, get visa, gift card.

A lot of the ones that you can just use like online or for like a clothing store. So like I have some that are just like American Eagle. No cackle enough. Yeah. You have gap gap still around. Right? You should go in there and use that time. Treat yourself to a pair of pants. Like I don’t know how much is on here but, but a lot of people do accounting that way though. Right? They just at the end of the year they go, Holy crap, we got to figure out our accounting. You can’t wait until the end of the year to, to dial in on your accounting. You’ve got to be very proactive on a weekly basis. So the action item for anybody listening out there today is schedule a specific time in a specific place to do your accounting and make sure that it’s a time of your choosing and a place of your choosing in a place where you can be proactive and you have all of the tools that you need available and at your disposal.

And if you’re out there today saying, you know what? I need to have an accountant telling me file all this stuff to the IRS and to help me organize my life, I would encourage you to go to hood today. That’s hood and schedule your free consultation. And when you schedule that free consultation, they’re going to give you a free copy of Warren Buffett’s only authorized biography. And that book is called snowball. Again, the book is called snowball. Get the book and the free consultation today by going to hood once again, get the book and the appointment. all right, so you’re listening today and you’ve just a, I learned a lot of things, got a lot of information. It really comes down to execution. Chip, I mean Thomas Edison said that vision without execution is hallucination. True. Very. We, we just as an example, you do you like to watch Ted talks?

I’ve watched a few Ted talks. Do you like to watch Joe Rogan? I like to listen to the listen to the Joe Rogan podcast. What was one of your favorite Joe Rogan podcast? What am I favorite? Joe Rogan. I like whenever he has comedians on, he’s a comedian himself and so I like a lot of the comedians cause I’m into comedy myself. Now I would like for you to do me a favor on my desk over there. I think my head might, I think I have my to do list on my desk. I think it’s over there. And if you can find it, I believe on there you should see some notes in the bottom right. Okay. And that we have not talked about this before. This is not a, we’ve not done any preparation for this. This is off the cuff here. Um, last night we watched a movie and the movie was Mol.

Uh, was Paul Blart mall cop and my kids wanted to watch the movie. So look at Paul Blart and what did I write there in the bottom right? Mall cop thoughts? Yes. Segues. Yup. Out of shape. Yup. No real authority. Just a uniform. Yup. Let’s see. No guns, but we can yell, right? Uh, should they be called security guard or a security officer? Yup. Officer Paul Blart. Yes. Mall cops dressed in white. Yes. Cops dress and blue trained to do nothing and officer without an oath. Okay, so these are observations I got from watching the movie. Now I’ve got a question for you. Where are you taking these notes during the movie? Or were these things that you recapped in your mind during the movie you had your clipboard with you? I take notes while I watch movies. I love that because I don’t have, I can’t watch a movie or do anything unless it’s actionable.

There you go. That’s a problem. I don’t like to hallucinate. Yeah. And it’s just a thing where like, I like comedy, but I’m trying to learn from the comedy because I think that the power of observation is what makes comedy so powerful. And these are observations that a Adam Sandler’s company have UW-Madison, uh, put together when they produced that movie. The writers thought about that and they thought, you know, what are all the things that make them all cop? I’m all cup. And that’s what makes the, and that’s what makes them all cop story worked. Right. Um, and I would just say that I’m not ripping you or anybody else who’s watching a movie while not taking notes. I’m just saying if we’re not taking notes while watching a thing, it’s entertainment. There’s nothing wrong with that. There’s a space and a place in a time for entertainment, but we don’t want our show to be is just entertainment for you, right.

Because if it is just entertainment, our mission is to help you achieve time freedom and financial freedom. So if you start a show about trying to find the right place and the right time to do your accounting, I would challenge you today to do one action step, find the place and the time to do your accounting, find it, put it on your calendar and Chuck what gets scheduled gets done according to Lee Cockerell what you schedule gets done. You know what day is not on the calendar. Uh, we got Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday. Oh this just did from our home office. So I would encourage you to put that on your calendar today. When and where are you going to be working on your finances for your business and for your, your personal life. And then Chubb. I’ve got one ask of our listeners and you know, we give a lot of stuff away for free here.

We do, we’ve got a the thrive time show and we’ve on the thrive time we’ve got the boom book, got the start here, got Jack ass all available for free to download a lot of cool things available for free. Um, we’ve got the podcasts that are free, but what I encourage everyone to do today is I would encourage you to share today’s podcast with one person. So one just one person, we all know one person, share it with them via Facebook, via Twitter, Twitter or text or text, any of the Facebook, Twitter or text. And a week we’re on, we’re on iTunes, we’re on the thrive time But just, just however, the best way is for you to do that, whether it’s sharing a link, emailing it to somebody, whether it’s sharing on Facebook. If everyone could share today, you, if you laughed a little bit today and you learned a little bit today, if you would share a little bit today, it would make my life awesome.

And because we just talked about the importance of having a specific time. If you could do it the next five minutes, it would make my life awesome, even awesome video, why it would make my life awesome. Chip, tell us why. Because we’re getting testimonials from people all around the world who are changing their lives and their lives have changed as a result of this show. So helps think to think about somebody in your life who needs to hear what we talked about today, and share today’s show with them. Help the people, help us, help the people. And now, without any further ado, Chuck, we’d like to add each and every show with, Hey, boom, here we go. One, two, three. You got to count down. You can’t count up. Boom on three. Here we go. Folks. In over three, two, one, boom. And just to recap, I just said, Hey, here you go. Folks don’t, right? Everybody tried to say it with me. Now here we go. Folks who don’t, right? It’s really pretty easy to do. All you have to say is, Hey, here we go. Folks who don’t right.



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