How to Find the Time to Plan Your Finances and to Know Your Numbers

Show Notes

Doctor Z and Clay Clark break down the importance of automating your savings, scheduling recurring meetings with your accountant, your attorney and office supply delivering company.

Finances – Automate your savings (3% of your gross revenue)

NOTABLE QUOTABLE – “Rarely do we find men who willingly engage in hard, solidthinking. There is an almost universal quest for easy answers and half-baked solutions. Nothing pains some people more than having to think.” – Martin Luther King, Jr (The civil rights leader who strategically shaped the national narrative on segregation as a result of taking the time to plan and organize the events that America saw unfold on television)

  • Finances – Schedule a monthly recurring meeting with your accountant

NOTABLE QUOTABLE – “Discipline is the bridge between goals and accomplishment.” – Jim Rohn (New York Times bestselling author and legendary speaker / sales trainer)

  • Finances – Schedule a weekly meeting with all key ongoing relationships (with your attorney, accountant, your website developer)

NOTABLE QUOTABLE – “Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that.” – Martin Luther King, Jr.

  • Finances – Schedule office supply delivery – ONYX Professional Printer Supply Service and Supplies of Tulsa

NOTABLE QUOTABLE – “Winning at money is 80 percent behavior and 20 percent head knowledge. What to do isn’t the problem; doing it is. Most of us know what to do, but we just don’t do it. If I can control the guy in the mirror, I can be skinny and rich.” – Dave Ramsey (Author and Motivational speaker who has written numerous books including five New York Times best sellers)

Business Coach | Ask Clay & Z Anything

Audio Transcription

Get ready to enter the thrive time show. Yes, it is that welcome back to the conversation. Is the thrive time show on your radio or join here today with marshall morris business coach and business conferences host store here and mr. Eric shop? Who is coach and dr. Robert zoellner drive time? Show me the entrepreneur trapped inside an optometrist body and we’re talking about 14 super moves for enhancing the efficiency of your life and business. His. Next move, marshall I know you’re passionate about it is of the concept of automating your savings. Why do all the monsters out there need to automate their savings? You got to automate your savings because you got to pay yourself first sitcom on concept of paying yourself first you’re, going through the craziness of running a business, okay, you’re, taking the risk you’re managing employees, you’re, hiring or firing people in at the end of the day. You need to be putting money away so that at the end of it all, you have saved enough money to retire on martin luther, king jr., the famous civil rights activist, and a lot of people don’t realize this. But there was a lot of other things about this. There was a lot of people for a long long time who thought that there was a lot of injustice going on with legal segregation, but martin luther king jr. Was one of the few strategic people out there willing to take the time to plan out a very, very detailed plan for getting in front of the media doctor’s. Yet not sure if it listens are aware of this. But if you watch the movie selma see, if you see the movie selma know I miss that and I sure would like this movie. He made a list. He had. The research was done to figure out which police chiefs were racist, like what are the towns of the business conferences communities where the most racist activities are occurring. What are those places, and he thought we’re going to protest in one of those areas, but I want my own phone to be tapped and i. Don’t want them to think my phone is tapped.

I want used to reverse psychology. Then he said anybody who wants to be a volunteer. This is work, it’s old, evil heavy. He says we’re going to tie your hands behind your back and then we’re going to beat you physically assault you as your training for the protests. So therefore, when you get in front of a camera and we’re being shot with fire hoses cuz, the medium I edit, together a certain side of the story, if we do it in the strategic town, it’s just far south that they’re going to have some races in there and if we do it in front of the right specific places, we demonstrated for the right specific police departments in the right, specific towns. Wear white supremacist are known to be, and we have the right trained people, the right train to protesters who won’t freak out, and if we tip off the media, then the media will be there to capture the atrocities that we live to see. There was a lynchings going on, and people in the north didn’t know it was happening, and so he took the time to organize that this business conferences type movement and haley wrote down. He says rarely do we find men who willingly engaging hard, solid thinking, there’s almost at universal quest for easy answers in half, baked solutions, nothing pains some people more than having to think so. Marshall weather at your finances, whether it’s something deep like ending segregation, no matter what it is. Usually the right answer requires some deep thinking talk to me about why you have to think deeply about your personal finances to make that one time decision to automate your single here’s, the thing all that I know a lot of business owners that are trying to do this deep hard, solid thinking in the middle of the work day, and it is never going to get done. You have to actually block off time to be able to do this way from everybody else. Until this morning, I did a ton of critical thinking is like at 3:30 in the morning so yeah it was awesome. I, just I I got I woke up earlier.

Okay, I woke up at 2:30 and are you responding the the periodic table? Yeah I was expanding california. All of your mettaton. You got to do all of your hard thinking during meta time and once you’re doing that you’re going to actually come up with more solutions to those more complex I want to get these take on this and chuck taking us, because he you’re known for writing very successful ads. One of your advertisements right now runs on this station and it’s an interview with you and your daughter, and you guys were talking about a week of march special. You have going and you been doing this for a long time, 25 years so I’m sure it’s easier for you to write scripts. Yes, but don’t you have to have a little quiet time and a piece of paper to sit down and write intelligent script if you’ve never written in advertisements cripple absolutely absolutely you’ve got yes, you can. You have to have you know or some inspiration, and you know for me:i can do them so quickly. Now that I have because I don’t have a formula and it works, and so it’s kind of a tried-and-true, and would you use to listen to other business conferences advertisement for the curious ear effective? And why is that ad, absolutely terrible and completely not affected, and why is that probably damaging the brand of the company for even daring that commercial me I know all about it before? Yes, I have and lot of times, I’ll find myself some place buying something and I’ll say to myself.

Why, my? Why am I doing this? Why am I doing it here? Why am I doing it now? Why did that ad move me the way that I moved me and probably will kind of critically curious about that, and so those are some of the little things that you think about and I do have a degree in king, but I enjoyed marketing I enjoy the concept of marketing and I enjoy the idea that you know you can you can go to someone’s car or house via v the radio? Yes, you could convince them to come and give you some of their hard-earned money to get the product or service that you’re that you’re doing it spits up, fascinating and i. Think isn’t it something that you were going to add on to this phantasmagoria? What were you going to say that I just want to say we keep talking about schedule, this schedule that hit it with a wiffle ball? Bat whatever, but the point to all of this is one thing that I see what you were talking about. How much was talking about how you don’t have this many business conferences times and you’re not going to do this during the chaotic burning fires of the middle of the day, and so in order to put things on a schedule, you actually have to have a schedule come on now so make sure you have to sit down. Maybe the step 1 reactions that one during your first met a time session. If the, if you’re not currently doing this is to sit down block out time physically block it up, pull up your google calendar ended up on the screen print it off whatever you need to do, but are you actually have to physically do something intentionally proactively and block out that time, for whatever you need, because otherwise, it’s too hard to grow and run a business to try and switch musically? Think, during the middle of the day, if you are listening today and you feel like you are just absolutely stock and you’re saying to Yourself-i’m overwhelmed I am now listening to this and I’m realizing I’m, not scheduling a time to do anything intentionally.

The worst thing you can do is beat yourself up and then in the do nothing so I want to tell you this work goal is to make sure all of our listeners feel hold and never leave. The show feeling full of holes want to make sure that we were coaching you up and not ever patronizing and talk down to. You is I’d, encourage you to go to thrive time, show.Com and book your tickets for our next in person. Thrive time show today event and interactive workshop. Do people laugh? They learn. We’ve heard good things. People people have a l l & l. Those are the two things were going for. You know it’s it’s you don’t know what you don’t know right. So if you are kind of skeptical about 2 days of your time to attend a workshop, I would encourage you to type in thrive time. Show reviews into google-and you can find as of the time of this particular recording. We have over 600 video testimonials, come on 600 600 really difficult to tough for us to do it all, be a hologram and make them say things go to pay actors we have is a real conference. Attendee took them out today by going to thrive time, show.Com stadium, 21102, legendary, thrive, time, show business conferences workshop for free, subscribe on itunes, leave an objective review and send his confirmation at info at drivetime show.Com to claim your tickets want to live in a van down by the river, come by and see us at our riverwalk offices and will be able to make your dreams come true. Time show on your radio and podcast download. If they were talking about the 14 super moves that you can use to enhance the efficiency of your life and business. We have three more moves that were teaching today and I want to make sure that you have a piece of paper, a pin something to jot this down with, because there are three areas of your business life that will totally get screwed up. If you don’t take the time today or in the past or in the future in the near future, to schedule them so marshall, it’s getting this first one here you got to schedule a monthly reoccurring meeting to meet with your account. No some guy, like doctors, that you have an internal, your full-time people. Now they help you do bring it in-house right, but you would your monthly pay it with the p nails.

So what you want to look at the numbers on a monthly basis to make sure things aren’t drifting, jim, rohn, the new york times, bestselling, author and legendary speaker and trainer. He said the discipline is the bridge between goals and accomplishments and I would just say this before I teed up to marshall. If you don’t like discipline, you will be disciplined by an outside force. So if you don’t like to follow the speed limit, you know discipline yourself to do that to me outside force. Law enforcement. Won’t disappoint. You! If you don’t want to follow the rules at the office, then outside force, I manager will be lying to you. If you don’t want to take care of your customers to hit your dad lines an outside force, the customer will get on to you so business conferences ultimately those two people who don’t like to be disciplined disciplined than most and they get dealt with by the most severely but marshall. We just said anybody. My accountant like yours will. This is what I see is a lot of times when a business owner hasn’t met with their account. It’s because they don’t like their account.

They just there like. This is like pulling teeth meeting with your talent, because the account is never bringing good news, because most of the news is always reactive, okay, the entire time, and so when you are meeting with your accountant, not step number one is find an accountant that you like, and so one of the sponsors of the drive time show. Marshall I want to be your account. I like you over. If we work with that is proactive in his accounting methods of all the accounts, we never referred, people to, or people I’ve ever used, I don’t only had three or four that are just not difficult to work with you there’s a certain tonality that certain professionals have when they talk I’ve seen doctors, do it I’ve seen attorneys. Do it it’s a patronizing tone. We don’t make the on feel, like they’re mildly retarded as a result of not being able to keep up with their acronyms and jargon. Have you seen this well? Most of us. Are you still a business conferences conversation with jargon and arguing doesn’t know what they’re saying on the above somebody. You know because you don’t maybe I’ll know all the lingo for you’re not eating out of cpa. You know it, so it can’t be and i, don’t know why that profession attracts certain make and model, but it does and there’s some good ones out there, but it’s it’s rare. So that’s why you interview and you joanna hood cpas not going to hate shopping around it, because it has been your accounting for a while, doesn’t mean you can’t change a lot of people that want to advertise on this show and if you want to advertise on the show just a the process. Here. You send a text message to 918 851-692-0085 16920 step to see I’m not going to worry for an account to the knucklehead. What I’m going to do that when I talk to you about advertisers? If you want to make sure that you’re bringing in more money it’s a crazy idea, we were advertisers to bring in more money and they’re paying to be on the show that just makes sense.

Last time I checked radio stations are in a big nonprofit. The year does donating to atlantis of your heart right because it works a weekly meeting with all ongoing key relationships like with your attorney, so miss carter’s. Here, tulsa’s number, one attorney in my humble opinion, tulsa’s number one attorney, west carteret with winters and king west. Why do you have to have your business owner? Have an ongoing relationship with an attorney such as yourself or somebody else. Why do you want to not just reach out to an attorney when you’re in a legal bind there’s a few reasons, I think of them? One of the most important reasons is planning the head. Saves you a lot of headaches and money in the long run, so planning ahead saved you a lot of money and headaches in the long run, so getting with what is a cpa or an attorney and planning? How do we avoid this problem or here’s? What I’m doing do you see any land mines I may be stepping on in the long run, saves you all that drama, lawsuit litigation. I will just tell you this and think about this. What you think about this piece of paper? Do you need to meet with once a month to keep your business up an orbit that takes so much rocket fuel to get your business into profitability? Yes, to get the plates spinning to get the rocket because it fire & hop’s problem we do not have any legal business conferences documents filed last 2 years are llc is expired. We haven’t filed our taxes for what appears to be 48 years. If you don’t ya, if you fail to plan your planning time for failure, you know now. Here is the final thing. You got a schedule and z. I want you to talk about this I’m going to get more fun to talk about. This is big. It seems stupid, it seems obvious, but it’s big, dr. Robert, zoellner and associates. When you go into your two offices, where you see thousands and thousands of patients a year, you guys have glasses that you said I went in I bought these new glasses right here from you, I’ve got the keys. I purchased to have a good.

They look good on you I appreciate that I can print out two of them and I went in there and they didn’t say it was a true story. I happen to be up in minnesota for a speaking event in rochester minnesota from minnesota rochester, home of the mayo clinic I’m up to rochester, minnesota and I broke a pair of glasses. True story and I went to the local optometrist there and say:hey mister uptown I want to get another pair of similar to this, and they all wore out and I said what about this? Over and I realize they’re out out of business conferences property, another optometrist, so just making sure you stay on top of your office supplies i. Think that’s a huge in a restaurant last week and I was look at the menu and I was like the sound of that really good I’d like to have the seared tuna salad chick to because we don’t need to be pulled me aside, ian, because this happen, often in the inventory done and so we’re at a steaks tonight now I know the special we’re doing is the steak whatever. If you can steer people the chicken or shrimp or 300% refund I’m, so confident are chicken? Is it succulent? If you haven’t tried, are shrimp, it is incredible. You are the major pretty passionate about chicken that chicken I’m takes a game-changer. I went back there and talk to my shaft at applebee’s.

We don’t have a not just hey. You know those fries out of that particular you can pitch people and I got pretty good selling by learning how to steer and didn’t have to get one of our listeners out they’re great listeners, and these guys it’s called onyx professional prints, supply onyx, professional print, supply., o, n y xy, because you got to stay on top of your office supplies e, o n y xy cuz, you got to stay on top of your office supplies their phone number. If you going to be just got, onyx imaging.Com, onyx imaging.Com today, onyx imaging.Com, and these guys will sit down with you and they’re going to make sure that they audit all your print supplies and see crazy deal they’re going to deliver at unit so frustrated. When you look up your printer is out of ink, can you, like you, didn’t get the paper that stopped? At a marshall, see what the client with coach? When you can just shut down a business, people will either not print anything at all, or they will spend their entire day, not fulfilling their product or service, but rather driving around all the different places that they have to go get stuff at which causes depression, which causes your employees to then go on netflix and rent the movie fargo, which cause them to watch movies about putting people in wood chippers. What sin causes people to start, speaking with a northern accent, combination to spread? So if you’re listening right now-and you don’t-you want your office to not spiral into a complete coma coma. Would you got to do is go to onyx imaging.Com nosey. We like the in the show with a business conferences boom, but before we are going to drive time show.Com, they can find the podcast being person workshop boom, the one on one business, coaching videos up there for your viewing pleasure, learn cooper dealership from mentors and not mistakes. All at drivetime show.Com is always 3 to 100.


Let us know what's going on.

Have a Business Question?

Ask our mentors anything.