122. Xero Awards, Auto-entry & Costco’s Business Model

BEST ON GROUND

David Boyar

• The power of Paul Meissner who is a finalist in the Xero awards for Cloud Champion.
  https://twitter.com/storminwalker/status/1179811595570036736?s=20

• Congratulations Paul
  https://www.xero.com/au/events/xero-awards/

• Customer Focused Fine Print for Financial products. https://www.smartcompany.com.au/finance/fintech-asic-financial-services/

Paul Meissner

• Sage buys Autoentry.
  https://www.sage.com/investors/investor-downloads/press-releases/2019/09/27/sage-announces-acquisition-of-autoentry/

• Hubdoc to Xero, AutoEntry to Sage, what’s next...

• Costco is a fascinating business.

• You know all those groceries you buy?

• Yeah, they basically sell those at breakeven and then make all of their profit from the $60 annual membership fees.
  https://twitter.com/investing_city/status/1179974257779982336?s=21

• PwC Is Spending A Massive $3 Billion To Upskill Its Employees. Number of employees 250,930 (2018)
  https://pulse2.com/pwc-3-billion-upskill-employees/

WORST ON GROUND

David Boyar

• Paris Financial channels Donald Trump in a post that tells people “You gotta ditch your current accountant. Seriously!”
  https://www.linkedin.com/posts/ugcPost-6575255094957350912-ucvT

• The gig economy is not the future, data proves it
  https://hbr.org/2018/10/myths-of-the-gig-economy-corrected
  https://oversharing.substack.com/p/everything-we-thought-we-knew-about-the-gig-economy-is-wrong

• Paris Financial channels Donald Trump in a post that tells people “You gotta ditch your current accountant.

Paul Meissner

• Brazen attempt to extort money:
  https://www-publicaccountant-com-au.cdn.ampproject.org/c/s/www.publicaccountant.com.au/news/scammers-posing-as-federal-officers-try-to-extort-money-from-taxpayers/amp

About Us

From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.