Fire your Accountant & Hire a Partner

How Can Following Your Dreams Make Accounting Fun?

Posted on 20 August 2010

Vince Schembri

Yah, I know the title of this post is somewhat unbelievable, but stay with me the “whole way” and you will see I am 100% right.  Don’t just go down to the last paragraph to see how following your dreams makes ACCOUNTING FUN, just read the whole story!

I spent most of the day recently daydreaming about my future. I am currently working on finding ways to make my business more effective and efficient and this has had me preoccupied. I imagine how things will be and that puts a smile on my face. Yes, this makes life worth living and I highly recommend it. I also know that you need to work as dreaming alone will not put food on the table.

As I reflect on dreaming, I am reminded of a close friend of mine whom I met in the early 1990’s. I had just joined a martial arts gym as I had recently been in a situation where I felt helpless. I wanted to be more prepared in case another situation was ever to arise. Luckily, nothing happened on that day, but it woke me up. This is when I met Chris Franco and in a very short period of time, we became friends. I learned to appreciate him as he knew what he wanted and, at that time, I wasn’t sure what I wanted. For Chris, martial arts meant everything. He dreamed about it and loved it. In return, you could see how it benefited those around him, including himself. I was so impressed that I asked him for private lessons. In a relatively short period of time, my confidence levels increased and I felt a lot better about myself. I can honestly say as I now reflect that this was something I needed and Chris had no idea how it affected me.

The irony of what I have just laid out is that the people around Chris Franco at the time thought he was out of his mind. He didn’t have 2 pennies to rub to his name but what he had was devotion and love to his future craft. You would always find him at the dojo with a big smile on his face. For Chris, this was heaven. I can still remember hearing from those around him as to what he was going to do with his life and how ridiculous this whole martial arts thing was. Regardless, there was no wavering in Chris. He persevered and worked hard.

Today, Chris is regarded as one of the leading figures in the martial arts community in the city of Vancouver and Canada. He runs and owns a successful dojo and this has allowed him to have the kind of lifestyle that most people can only dream about. For those who enjoy the UFC as I do, Chris enjoyed the first UFC event held in Vancouver by being selected as a judge. In my opinion, there is no stopping someone who has a dream no matter what it is that they dream about. Chris proves this point.

From an accounting standpoint, I want you to imagine what it must have been like for Chris Franco in the early 1990’s when I met him. What kind of bank account or investments did he have? Did he even own a car? If so, how would he be able to maintain it? Would his accounting be any FUN at this point? Not likely! This is why accounting in my opinion is neutral. It is just a scorecard regardless of whether it is a positive or negative situation. As of today, things have dramatically improved and Chris Franco’s accounting is FUN. His dream has provided him with choices that were previously unavailable. By following what he knew was right in his gut the world has changed for him for ever. Chris was married in 2009 and is only days away from being a father. He dreams today of providing for his lovely wife and new baby and I just love watching this process. How about you? Do you dare to dream such as Chris? If you do be prepared for a complete life makeover as it will happen coupled with strong financials. Just wait for it and never give up!

On your team,

Vince Schembri

For more on Chris Franco, please go to www.francokickboxing.com