67. Deciding that Less is Best | What I let go of in 2019
December 20, 2019
Hey, are you wondering how well you’re doing with your bookkeeping? Maybe you’re at a total loss of where to begin. Maybe you’re not sure how well you’re actually doing. You just need to know the next steps to take.
During a bookkeeping strength assessment, I work with business owners one on one for about 30 minutes and identify what their next step needs to be. I’ll lead the conversation by asking some open-ended questions and then ask ten laser focused questions so I can pinpoint exactly what you should do next and how strong you are with your bookkeeping. Business owners find this to be the boost of confidence they need to tackle their bookkeeping head on.
To get on my calendar for a free session, you can email me at email@example.com or message me on Instagram @lydia.miller.mba. Now on with the show.
Welcome back to the podcast!
Throughout the month of December, I’m sharing ways that I have prepared for 2020 and systems and processes that I put in place in 2019 that make me feel really good about how productive that I can be in 2020. p
In 2019, I really focused on finding things that work for me and ignoring things that don’t, even if it works for everyone else. So for some people, certain types of technology work great for them and it was a struggle for me to use. I really decided to let go of those things and to only focus on systems that keep me productive.
That’s what I want to talk about today. Things that I let go of in 2019 and how I decided that Less is Best.
Several months ago, I read High Performance Habits and one of those habits was that high performers know what to focus on.
In January 2019, I made the decision to scale back on what I was offering as services to my clients.
I was offering monthly bookkeeping and I decided that really wasn’t my strength and that I didn’t enjoy it, so I let it go. That was a hard decision because it affected my revenue in my business and my profit and I wasn’t sure how I was going to make up for it.
But, I knew that it wasn’t the direction that I wanted to go with my business.
Then, I decided to look into making a course and selling that and making some PDFs and sell those and really try to be an online company. I got started creating those, but found that there are so many industries with different quirks that I wasn’t able to make a program broad enough or specific enough and still make sure I was serving each client well.
Then I decided to offer a new service customizing bookkeeping systems, but that still was rough because business owners either had a simple enough system that they created that worked or they were just ready to get rid of the responsibility and work in their strengths.
All through 2019, I was picking things up and then letting them go. I don’t think this was a waste of time because you don’t know until you try and you have to keep trying until you find something that works for your business. In May, I went away to the beach for a few days by myself and really dug into some questions that some fellow business owners were having about their numbers. I was able to identify that there are three main things that they struggled with. Doing it themselves, outsourcing successfully and understanding what the reports meant. I tell you, it’s like the angels started singing.
Since then, I’ve been able to focus on those three areas and really see progress for my clients.
It’s been so much easier to create content and resources since knowing those things.
But, I first had to let go of all of the other expectations of courses and guides and other things that were not focused.
Letting go of projects is hard. I also narrowed my focus to working on 5 main things in my business. Right now, those 5 things are this podcast and creating consistent focused content, my free facebook group where I can help you get your bookkeeping done and understanding the numbers, my current clients that I’m serving, my bookkeeping strategy sessions and sales.
That’s it. If opportunities or ideas come up that don’t fit in those categories, then I say not right now.
As an entrepreneur, I have dozens of ideas a day. I do keep them by writing them on a 3×5 card and filing them away in my Sunday Basket, but I’m not trying to take action on them all at the same time.
I had to decide that Less truly is Best.
In your business, are you doing too much? Are you unsure of how to best server your clients? Do you know what you uniquely bring to the marketplace and focus on those efforts instead of all efforts?
I’d encourage you to pair it down to 5 main things that you’re focused on and go all in with those. Make them amazing. Be consistent. Find out what works and what doesn’t and then add on more when you can prove to yourself that it’s successful and can run on its own.
You only have so much time and energy to spend. Make the most of it.
Next week, I’m going to talk about how a baby changes everything.
Until then I’ll be snuggling a newborn and enjoying this new season of life.
I’d be honored to work with you. To get started, email me at firstname.lastname@example.org with the problem you’re having and we can discuss the best way to get to a solution in a bookkeeping strength assessment call.
If you are ready to use your numbers to help your business, please subscribe so you will be notified when the next episode drops.
I would love to connect with you. You can find me on Instagram @lydia.miller.mba and always by email email@example.com.
So until next time, go, make it happen.