Nothing Happens by Itself
Copyright © 2021 Karl W. Palachuk
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LIVE online October 20th!!!
The Killing IT Podcast - Episode 135 - will be produced live before a studio audience (you) on Wednesday.
Here's what we're up to:
- A LIVE version of our show.
- You'll see a little bit of the "prep" work we do (such as it is)
- We'll record FOUR topics. Normally, we air three topics. This means attendees will will get a bonus extra topic not available anywhere else.
- And we'll stick around for questions and general networking afterward.
Your cost: FREE!
October 20th
9:00 AM Pacific / Noon Eastern
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Heads Up On Data Transparency
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Please read this blog post
As I mention at the end of it, I'm sorry I had to write this post and I'm sorry you need to read it. But you do need to read it.
One of the emerging trends in all industries is transparency. Now we are seeing this in our own industry.
Ultimately, transparency is related to accountability. Who did what? And, in this case, "who" might be a cyber criminal, the client, you, or one of your employees. It's not about blame, but simply documenting exactly what your company did to monitor, maintain, update, backup, and protect client data.
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Cheeky Update . . .
In case you haven't been paying attention, there are big changes coming to the Cheeky Sales Coach series.
I started the Cheeky Sales Coach video series last year. I promised 50 videos. And Ta DAAAA! - The 50th video will drop Wednesday.
In truth, I had an "Episode Zero" video. So, really, there are 51 videos in the series.
But wait . . . that's not all. I'm not going to continue posting one per week. But I will post a new video from time to time. So please subscribe to the Relax Focus Succeed YouTube channel and make sure you get notices: https://www.youtube.com/relaxfocussucceed.
We are also going to have some guest videos from sales and marketing pros. So keep tuning in for good information.
Note that there are three Cheeky playlists on the channel. They are Sales, Marketing, and Guests. Please check them out and give me your feedback.
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How's your year shaping up?
We're well into Q4. I've talked to a lot of people who are super busy with new projects. And, to be honest, a couple of MSPs who are struggling.
Bloomberg reported yesterday that consumers have saved up about $2.7 Trillion during the pandemic. And, apparently, they're not going to spend it any time soon. That might mean we're in for a tighter economy in 2022. Only time will tell.
Assuming that many of these consumers are also business owners, it also means that there's probably money to spend if there's a good reason to spend it. Luckily for you, Windows 11 upgrades are a great excuse. And the whole "back to the office" strategy that we hoped to see this Fall will probably play out next year.
But best of all . . . NOW is a great time to sell your clients on quarterly security training. I have been contacted by former clients to do cybersecurity training. Of course I'm charging full price for this. And I encourage you to do the same.
If you want to grab the old one, you can old get my slide deck and update it as you see fit. Once I've got a couple of fresh presentations done, I'll post an update. For now, scroll down on that page and look for "Best Practices for Safe Computing."
All feedback welcome, of course.
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If you haven't taken Rayanne's class on Financial Processes for IT Service Firms, you really should. It's always amazing. And Rayanne honestly updates the whole thing every time. She sent me 14 handouts for tomorrow's class!
Find out more below and sign up today. Your business will thank you.
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I think that's all the news that fits. If I forgot anything, it will be in next week's newsletter.
Have a great week.
-- Karl W. Palachuk
:-)
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NSITSP Meeting Scheduled!
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Mark you calendar and join us
NSITSP General Membership Meeting
November 17, 2021
9:00 AM Pacific / Noon Eastern
There has been a LOT of activity. We have a very active Board of Directors and three active committees. We might even have a fourth committee by November 17th.
In this meeting, we'll introduce the Board and the Committee chairs. The Board will report on the state of the organization, where we are, and what we hope to do next.
And, of course, we'll have an open Q&A session.
:-)
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Class Starts Tomorrow!
Rayanne's Always-Awesome Finance Class!
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Revised Every Year!
Financial Processes for the IT Services Firm
Course 5W07
Taught By: Rayanne Buchianico
Five Tuesdays
- All classes start a 9:00 AM Pacific
You're guaranteed to learn something that will make or save you the price of admission!
There are few things more important than the finances of your business. But most technology consultants didn't get into business to run balance sheets or figure out cash flow.
This class provides unique content from a unique teacher! Rayanne is a managed service provider from Tampa, FL. She is also an accountant and an Intuit certified ProAdvisor. In addition to her MSP business, Rayanne helps I.T. consultants to take control of their finances and understand their own business at a deeper level.
Topics for this class include:
- Learn to read and understand your Balance Sheet and P&L Statements
- Create a chart of accounts that makes sense for your business
- Separating out information on the P&L for management decisions
- Entities and tax considerations - understanding how your entity is taxed. Handout is a tax projection worksheet for this year's taxes
- Cash flow forecasting - Handout is a cash flow projection spreadsheet to forecast revenues and expenses
- Understanding margins and ratios - Deep dive into the P&L and Balance Sheet to understand how the numbers work together to make decisions. Handout is a worksheet on calculating and understanding the ratios & margins.
- Use margins to price your services for profit
- Calculate billing and burden rates
- Action plans for success
. . . and More!
Week One: Introduction to Your Company’s Finances
Week Two: Cash Flow Forecasting
Week Three: Margins, Ratios, KPIs, and Breakeven points
Week Four: Jobs, Budgeting, and Internal Controls
Week Five: Planning for Taxes
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Only $299 per student
Delivered by Rayanne Buchianico, Financial Coach and QuickBooks Advisor. Rayanne has been an MSP - managed service provider - for many years and advises MSPs on how to get the most out of their QuickBooks and PSA integrations.
Includes five weeks of webinars with related handouts, assignments, and "office hours" with the instructor. All classes are recorded for download. All classes include suggested "homework" that is totally action-focused and intended to move your company's marketing forward.
This course is intended for business owners and managers. It is particularly useful for front office and financial managers.
A Few Details . . .
- Each course will be five one-hour Zoom webinars
- There will be handouts and "homework" assignments
- Class webinars will be recorded and made available to paid attendees only.
- All calls start at 9:00 AM Pacific Time
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All the Resources That Are Fit to Print
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Recent Blog Posts, Podcasts, and Videos
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Small Biz Thoughts Blog:
SMB Community Podcast - New episodes drop every Thursday
The Killing IT Podcast - New episodes drop every Tuesday
The Cheeky Sales Coach Podcast / Video - Final episode drops Wednesday !!!
National Society of IT Service Providers News Blog
Relax Focus Succeed:
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CSC #49 - You Control Almost Nothing
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Selected Recent Videos and Webinars:
A quick guide to my Playlists:
- Total: More than 760 videos on the Small Biz Thoughts channel
- 310+ SOP videos
- 100+ Relax Focus Success videos
Plus . . .
- Training, Courses, Seminars on Managed Services
- Product Reviews
- and more
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Small Biz Thoughts Community News
SmallBizThoughts.org
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Members: Grab Your Downloads!
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No matter what you're looking for, we've probably got it in the Community!
Whether it's recorded classes, model SOPs, or sales material, we've got it!
If you're looking for something and can't find it, please send me an email (and cc Kara in case I'm backlogged).
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Monthly Member Meeting is this Thursday
"Third Thursday" seems late this month. But it seemed early last month. So I guess it all evens out.
Anyway - grab the link at the top of your dashboard and join us! We have some important information about member benefits and a major new initiative for 2022.
Hard to believe 2022 is almost here, but it's true.
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Don't forget to check out the October Community Newsletter. You can watch the video here:
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Remember you massive class discounts! Whether you're a monthly or annual subscriber, do yourself a favor and sign up for classes over at Great Little Seminar. You save 3x or 4x the cost of your membership, depending on your plan.
:-)
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This is an old picture, but I still think it's funny.
Just doesn't seem right the at the door to the marriage license should swing both ways.
:-)
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What's Here?
This calendar lists two kinds of things: LIVE in-person events from any organization that focuses on the SMB consulting community; and MY events, whether live, webinar, etc.
If you have live events on your calendar that may be useful to others in the SMB Community, please let us know. We'd be happy to list them.
Of course: Everything here is subject to change based on Covid. Click the links for the latest details. Please send updates so we can post them.
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October
Sherweb Accelerate
Oct 18-20
Hollywood, FL
Channel SEC London
October 19th
London, UK
Kaseya Connect IT
Oct 19-22
Las Vegas
Killing IT Live - Online
October 20th
On Zoom
Join us Live online!
NexGen+ 2021
October 24-26
Anaheim, CA
Join me Live!
Acronis #Cyberfit Summit
October 25-27
Miami, FL
ASCII Success Summit
October 27 & 28
Orlando, FL
I'm hoping there's a trip to the Gold Coast in my future. Stay tuned.
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November
Channel Partners Evolution
Nov. 1-4
Las Vegas, NV
Managed Services Summit Live
November 2nd
Amsterdam
Kaseya Connect Europe
Nov. 2-4
Amsterdam
ASCII Success Summit
November 2 & 3
Washington, DC
IT Nation Connect North America
November 10-12
Orlando, FL
IT Nation (Connectwise) Evolve Peer Groups
November 15-19
Sydney, Aus
Managed Services Summit North
November 16th
Manchester, UK
ChannelPro SMB Forum - Live Event
Nov 16, 2021
Los Angeles, CA
Join me Live!
Women of the Channel Summit West 2021
November 16-17
Palm Springs, CA
Acronis #Cyberfit Summit
November 18-19
Schaffhausen, Switzerland
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December
Women of the Channel Summit East 2021
December 6-7
New York, NY
ASCII Success Summit
Orange County, CA - December 8 & 9
Join me Live!
Acronis #Cyberfit Summit
December 8-9
Dubai, United Arab Emirates
James Kernan's Millionaire Mastermind Event
Dallas, TX
Dec 9-10th
SMB Roadshow - Las Vegas!
Las Vegas, NV
Dec 14th
Join Me Live!
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If you know of in-person events we should list, please let us know.
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January
Send us your updates!
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February
Acronis #Cyberfit Summit
February 17 - 18, 2022
Singapore, Singapore
Xchange+
February 27 - March 1, 2022
Dallas, TX
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March
Cloud Expo Europe
March 2-3, 2022
London, UK
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April
Send us your updates!
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May
Send us your updates!
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June
Send us your updates!
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July
Send us your updates!
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August
CompTIA ChannelCon 2022
August 1-3, 2022
Houston, TX
More Info: Coming after ChennelCon 2021 ;-)
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Note: If you know of any in-person event for SMB Consultants, please send info to karlp@greatlittlebook.com.
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Small Biz Thoughts is a subsidiary of Great Little Book Publishing Co., Inc.
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