90. Get a Mentor

Fttt linked IN (6).png

Best on Ground


A Vegan ETF proves capitalism and Vegan anti- Capitalists can co exist https://www.etf.com/sections/vegan-etf-filed?nopaging=1

McKinsey SLAMS Crypto - it’s so damning it makes the new game of thrones trailer look boring https://www.ccn.com/crypto-firms-speak-out-against-critical-mckinsey-report/

Receipt Bank has the most gamified partner program going around



Nationalising Super could be a big big move. Could significantly reduce red tape and super compliance: https://www.afr.com/news/economy/will-the-morrison-government-nationalise-the-27trn-super-industry-20190115-h1a2oe

Robot trouble in Robot hotel: https://on.wsj.com/2D9SBcq

Chris Hooper on firm brands: https://www.linkedin.com/pulse/do-you-know-value-your-firms-earned-owned-media-chris-hooper

Worst on Ground


Karbon is no marketing to all businesses, is this bad for accountants? https://www.linkedin.com/pulse/meaningful-contribution-way-work-gets-done-stuart-mcleod/

Is this the first of many app startup failures?



Should a start up firm ever consider paying someone for marketing? I say no: https://www.accountingtoday.com/opinion/7-biggest-mistakes-among-accounting-firm-startups

Are Xero removing email support? Let us know if you like the new changes.

In Depth

Why get a mentor

David has 3 mentors and rotates 2 of them according to where he is and where he wants to go - all three have different relationships.

  1. Spiritual Mentor - This helps with wellness and mindfulness

  2. Sales -Theres a big difference between talking and selling

  3. Marketing - David is obsessing over story telling now and Seth Godin is the king, with so much free content on line and a small investment in books he is a virtual mentor

Paul never formalised his mentors but always had people he followed and looked up to.

3 challenges Paul struggles with Mentoring

1. Time - to meet, organise, etc

2. High Cost - because the 1 on 1 model is expensive

3. It was only 1 view, and you never knew the bias’s.

Recently though Paul has gotten together with Wayne and Sally Schmidt and created Freedom Mentoring. They have re imagined the mentoring process with a mix of Q&A, self guided and practical content and a community of views. Check it out https://www.freedommentoring.com/