Comments on: The Benefits of Thinking of Yourself as a Business http://benparr.com/2009/03/thinking-yourself-business/ Tue, 15 May 2012 05:51:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Ryan http://benparr.com/2009/03/thinking-yourself-business/#comment-1972 Ryan Fri, 18 Nov 2011 03:16:00 +0000 http://www.benparr.com/?p=431#comment-1972 I consult with financial advisors on evaluating whether they should develop their own independent firms to provide better quality advice to clients.  This evaluation requires them to look in the mirror and to think long and hard about whether they can be successful in making such a move.  Your comments are spot-on for my clients.  It is critical that they determine if the clients they work with are with them because of the firms they are employed by or because of them and their ability to sell themselves.  In order for advisors to truly become successful as independent business owners, they must view themselves as the business.   I consult with financial advisors on evaluating whether they should develop their own independent firms to provide better quality advice to clients.  This evaluation requires them to look in the mirror and to think long and hard about whether they can be successful in making such a move.  Your comments are spot-on for my clients.  It is critical that they determine if the clients they work with are with them because of the firms they are employed by or because of them and their ability to sell themselves.  In order for advisors to truly become successful as independent business owners, they must view themselves as the business.  

]]> By: briancarter http://benparr.com/2009/03/thinking-yourself-business/#comment-1433 briancarter Sat, 27 Jun 2009 22:54:54 +0000 http://www.benparr.com/?p=431#comment-1433 Very true, good points, Ben. I did this as a freelancer before becoming an employee. And as an employee with an entrepreneurial mindset, I've gone further. Fortunately I'm with a small company that is flexible and provides more opportunities. And I push them too, but they like that :-) Very true, good points, Ben. I did this as a freelancer before becoming an employee. And as an employee with an entrepreneurial mindset, I've gone further. Fortunately I'm with a small company that is flexible and provides more opportunities. And I push them too, but they like that :-)

]]> By: briancarter http://benparr.com/2009/03/thinking-yourself-business/#comment-1672 briancarter Sat, 27 Jun 2009 17:54:00 +0000 http://www.benparr.com/?p=431#comment-1672 Very true, good points, Ben. I did this as a freelancer before becoming an employee. And as an employee with an entrepreneurial mindset, I've gone further. Fortunately I'm with a small company that is flexible and provides more opportunities. And I push them too, but they like that :-) Very true, good points, Ben. I did this as a freelancer before becoming an employee. And as an employee with an entrepreneurial mindset, I’ve gone further. Fortunately I’m with a small company that is flexible and provides more opportunities. And I push them too, but they like that :-)

]]> By: briancarter http://benparr.com/2009/03/thinking-yourself-business/#comment-1432 briancarter Sat, 27 Jun 2009 15:54:54 +0000 http://www.benparr.com/?p=431#comment-1432 Very true, good points, Ben. I did this as a freelancer before becoming an employee. And as an employee with an entrepreneurial mindset, I've gone further. Fortunately I'm with a small company that is flexible and provides more opportunities. And I push them too, but they like that :-) Very true, good points, Ben. I did this as a freelancer before becoming an employee. And as an employee with an entrepreneurial mindset, I've gone further. Fortunately I'm with a small company that is flexible and provides more opportunities. And I push them too, but they like that :-)

]]> By: iTbay http://benparr.com/2009/03/thinking-yourself-business/#comment-1668 iTbay Thu, 07 May 2009 17:08:00 +0000 http://www.benparr.com/?p=431#comment-1668 excellent article. One thing that grinds my gears is the disconnect people have with there personal and business finances - all information is disconnected and not integrated. For instance, some large and small accounting firms perform analysis of a small business without considering how an individuals salary (from there business) impacts there retirement (personal). In order words, not all information may be available on personal finances to assess the consolidated view of an individual's net worth (business and personal). Integration of these components are crucial for tax purposes - people must time and understand the tax implications of there actions and purchases as this may have a significant impact on cash flows. @itbay excellent article.

One thing that grinds my gears is the disconnect people have with there personal and business finances – all information is disconnected and not integrated. For instance, some large and small accounting firms perform analysis of a small business without considering how an individuals salary (from there business) impacts there retirement (personal). In order words, not all information may be available on personal finances to assess the consolidated view of an individual’s net worth (business and personal). Integration of these components are crucial for tax purposes – people must time and understand the tax implications of there actions and purchases as this may have a significant impact on cash flows.

@itbay

]]> By: itbay http://benparr.com/2009/03/thinking-yourself-business/#comment-1431 itbay Thu, 07 May 2009 15:08:01 +0000 http://www.benparr.com/?p=431#comment-1431 excellent article. <br><br>One thing that grinds my gears is the disconnect people have with there personal and business finances - all information is disconnected and not integrated. For instance, some large and small accounting firms perform analysis of a small business without considering how an individuals salary (from there business) impacts there retirement (personal). In order words, not all information may be available on personal finances to assess the consolidated view of an individual's net worth (business and personal). Integration of these components are crucial for tax purposes - people must time and understand the tax implications of there actions and purchases as this may have a significant impact on cash flows.<br><br>@itbay excellent article.

One thing that grinds my gears is the disconnect people have with there personal and business finances – all information is disconnected and not integrated. For instance, some large and small accounting firms perform analysis of a small business without considering how an individuals salary (from there business) impacts there retirement (personal). In order words, not all information may be available on personal finances to assess the consolidated view of an individual's net worth (business and personal). Integration of these components are crucial for tax purposes – people must time and understand the tax implications of there actions and purchases as this may have a significant impact on cash flows.

@itbay

]]> By: Tedeks http://benparr.com/2009/03/thinking-yourself-business/#comment-1665 Tedeks Sat, 21 Mar 2009 22:52:00 +0000 http://www.benparr.com/?p=431#comment-1665 I really like this post, it is 100% accurate and is a must if you want to do well. No matter if you work for a small company or a big company, thinking of yourself as your own company can help you out big time. Great post! I really like this post, it is 100% accurate and is a must if you want to do well. No matter if you work for a small company or a big company, thinking of yourself as your own company can help you out big time. Great post!

]]> By: Tedeks http://benparr.com/2009/03/thinking-yourself-business/#comment-1430 Tedeks Sat, 21 Mar 2009 20:52:42 +0000 http://www.benparr.com/?p=431#comment-1430 I really like this post, it is 100% accurate and is a must if you want to do well. No matter if you work for a small company or a big company, thinking of yourself as your own company can help you out big time. Great post! I really like this post, it is 100% accurate and is a must if you want to do well. No matter if you work for a small company or a big company, thinking of yourself as your own company can help you out big time. Great post!

]]> By: Tom Grasty http://benparr.com/2009/03/thinking-yourself-business/#comment-1663 Tom Grasty Tue, 17 Mar 2009 16:11:00 +0000 http://www.benparr.com/?p=431#comment-1663 Ben--- By way of quick introduction, my name is Tom Grasty. I wear many hats, but right now I have my blogger hat on. I write a weekly piece called The Disgruntled Dylanologist, and this week I wrote about you. A quick blurb to remind you what the blog is all about: There are two things in this world that get me worked up. The first is what's going on in this country. The second is Bob Dylan. This blog brings the two together. Every week I use a Bob Dylan lyric as a starting off point for my thoughts on what's going on in America. As I said, this week I wrote about you. Check it out at: http://disgruntleddylanologist.blogspot.com/ Love to hear what you think about my interpretation. Tom Grasty Ben—

By way of quick introduction, my name is Tom Grasty. I wear many hats, but right now I have my blogger hat on. I write a weekly piece called The Disgruntled Dylanologist, and this week I wrote about you.

A quick blurb to remind you what the blog is all about:

There are two things in this world that get me worked up. The first is what’s going on in this country. The second is Bob Dylan. This blog brings the two together. Every week I use a Bob Dylan lyric as a starting off point for my thoughts on what’s going on in America.

As I said, this week I wrote about you. Check it out at: http://disgruntleddylanologist.blogspot.com/

Love to hear what you think about my interpretation.

Tom Grasty

]]> By: Tom Grasty http://benparr.com/2009/03/thinking-yourself-business/#comment-1429 Tom Grasty Tue, 17 Mar 2009 14:11:44 +0000 http://www.benparr.com/?p=431#comment-1429 Ben---<br><br>By way of quick introduction, my name is Tom Grasty. I wear many hats, but right now I have my blogger hat on. I write a weekly piece called The Disgruntled Dylanologist, and this week I wrote about you.<br><br>A quick blurb to remind you what the blog is all about:<br><br>There are two things in this world that get me worked up. The first is what's going on in this country. The second is Bob Dylan. This blog brings the two together. Every week I use a Bob Dylan lyric as a starting off point for my thoughts on what's going on in America.<br><br>As I said, this week I wrote about you. Check it out at: <a href="http://disgruntleddylanologist.blogspot.com/" rel="nofollow">http://disgruntleddylanologist.blogspot.com/</a><br><br>Love to hear what you think about my interpretation.<br><br>Tom Grasty Ben—

By way of quick introduction, my name is Tom Grasty. I wear many hats, but right now I have my blogger hat on. I write a weekly piece called The Disgruntled Dylanologist, and this week I wrote about you.

A quick blurb to remind you what the blog is all about:

There are two things in this world that get me worked up. The first is what's going on in this country. The second is Bob Dylan. This blog brings the two together. Every week I use a Bob Dylan lyric as a starting off point for my thoughts on what's going on in America.

As I said, this week I wrote about you. Check it out at: http://disgruntleddylanologist.blogspot.com/

Love to hear what you think about my interpretation.

Tom Grasty

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