Nothing Happens
by Itself
Copyright © 2023 Karl W. Palachuk
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Hello Karl,
Happy Halloween to all those who partake
I'm in Fiji for a few days on my way home from the SMB IT Pro conference in Australia. I do not expect many trick-or-treaters this year.
I picked a fairly isolated beach so I could unplug and truly relax. There's no wifi in my cabin, just at the hotel restaurant. And my laptop T-Mobile connects . . . with a nice LTE logo. Too painful to use.
Bottom line: I'll be online just long enough to send this newsletter! :-)
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High Tech/High Touch
I loved the sessions at the SMB IT Pro conference in Melbourne. The overall theme for the event was transformation. Amy and I did a presentation on planning for moving on after you are no longer an MSP owner. That can mean many things in the 2020's, and you have more options than ever.
Shannan Jones did a presentation on keeping things in balance as you work through the next year. It was great to be in a session on work/life balance where I could sit in the back and take notes.
Of course the session had a lot of high-tech talk as well, including a few cybersecurity presentations on tools and techniques. And, of course, I thoroughly enjoyed Robert Crane's hardcore IOT demo.
Overall, this is always a great conference for content. AND THEN there's the personal side of things. I have always enjoyed the networking and "hallway" side of this industry. That goes 10x for the SMB IT Pros. There were a lot of first-time attendees, which I loved. But the core group of folks who run this event (and the association) have been around 20+ years. So there's a log of comradery.
Many of these folks only see each other once a year. So I see them as often as they see each other! I am happy to be associated with the SMB IT Pros and I hope to see more North Americans make the trek down under in 2024.
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Book and Class Update
Small Biz Thoughts Community Members: Download your free PDF or ePub/Kindle version - and sign up for the class. Included in membership!
Everyone else - grab your copy now. The PDF version is flying off the e-bookshelf. Get it now for only $29.95 at https://store.smallbizthoughts.com.
Members: Please do yourself a favor and sign up for this four-part class. I 100% guarantee we will not waste your time!
You may or may not choose to go on and be part of the new Breakout program. But you'll have a better idea of what we're up to if you attend the class - plus you'll be ahead of the crowd when it comes to planning for 2024.
Members Click Here
Class starts November 9th.
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Tid Bits . . .
We added some 2024 events to the calendar - including the ChannelPro events. Check 'em out and send me your updates.
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I was right: Lori Hardtke's new class on Profit First for MSPs is excellent. You only missed one week. Check it out.
Please send me your calendar updates for this year or next!
Don't forget to scroll down and view the latest videos. New Success video every Friday.
That's it for now. Have a great week.
:-)
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Join me live at . . .
- ASCII event - December 7 in Waikiki, HI
- Karl's 2024 State of the Nation report for SMB IT - Register Now
ChannelPro SMB Forum - Nov. 12-13, 2024 in Los Angeles, CA.
Links below in the events calendar - or at WhereInTheWorldIsKarl.com.
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You only missed one week. Sign up, catch up, and join Lori live tomorrow.
Profit First for MSPs
Taught by Lori Hardtke
MSP and Certified Profit First Professional
- Five Tuesdays
- October 24th - November 21st
Register Now - Only $399*
(Only $349 with code below)
Learn how to break through to a 6-figure salary and build a profitable and valuable MSP business. You’ll learn the benefits of having multiple bank accounts and how to make financial business decisions by simply looking at your bank account balances.
Running and growing a business can be one of the most rewarding things you do in your life…it can also be one of the most frustrating and challenging endeavors you embark on. As an IT business owner myself, an educator, and a certified Profit First Professional, it’s my mission to help business owners of any size eliminate debt, prioritize profits, provide clarity, and reduce financial stress.
Can You Relate To Any Of These?
- You run your business paycheck to paycheck
- You are stressed out every month worrying about how you’ll pay all the bills, your employees and/or consultants.
- You shuffle money from your personal account to your business thinking you’ll pay yourself back in the next month or two or ten.
- You, the business owner, don’t pay yourself a respectable salary if at all, or you wait until the end of the year to see how much profit you made
- You don’t want to learn or understand how to read your financial statements
- You see a decent profit at year end (from your Profit & Loss Statement) but wondering why that amount of money isn’t in your bank account
- You keep thinking you just need “1 more big client” or “Better PSA, better tools” or “A sales person, another tech, etc.” and then the money will come pouring in
- You want a sustainable, profitable business month after month, year after year
- You want your staff (W2 and/or 1099) to have a vested interest in the success of your business
- You dream of having no A/R, no debt, and cash in the bank.
- You want to be insanely profitable!
If you answered Yes to any or all the above, then you need Profit First!
Lori Hardtke would be honored to help you pave your way to financial freedom. Sign up now!
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Only $399 - only $349 with code
Top Take-aways:
- Breaking through to a 6-figure salary
- Avoiding burnout and building a business that serves you
- Recognizing and eliminating unnecessary expenses
- Learning how to pay off debt and saying good-bye forever
- Funding your retirement account year after year
PLUS lots more.
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Here are the specifics of what you'll learn, week by week:
Unit 1 Why Profit First and How It Creates Predictable Profits
Unit 2 Determining CAPs & TAPS and Creating Allocation Rhythm
Unit 3 Cutting Expenses, Learning How to Pay Off Debt
Unit 4 Disbursing Quarterly Bonuses and Owner Tax Reimbursement
Unit 5 Funding Your Retirement Account & Creating Stronger Money Management Habits
Delivered by Lori Hardtke, MSP, Certified Profit First Professional, Peer Advisor and Coach. Lori has been an MSP for many years and lives and runs her MSP remotely (in Hawaii) for clients in 7 different states with no full-time employees.
Includes five weeks of webinar classes with related handouts, assignments, and "office hours" with the instructor.
Includes five weeks of webinar classes with related handouts, assignments, and “office hours” with the instructor.
This course is intended for business owners or finance managers.
(The title “Profit First” used with permission.)
ITSP University Certification:
Meets Certification Requirements for:
This class will be recorded. Each unit is generally posted within 24 hours of the live class. These recorded units will become the On-Demand class and you’ll have lifetime access to it.
Register Now - Only $399*
Save $50 with code above
Note: * Members of the Small Biz Thoughts Technology Community attend at no additional charge. See details in the Community
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Check out my interview with Lori on the Profit First philosophy: | |
All the Resources That Are Fit to Print | |
Recent Blog Posts, Podcasts, and Videos | |
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Small Biz Thoughts Blog:
Killing IT Podcast - NEW
SMB Community Podcast - New episodes drop every Thursday
National Society of IT Service Providers News Blog
Relax Focus Succeed:
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Community News
SmallBizThoughts.org
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Join us every Thursday
9 AM Pacific / Noon Eastern
All members welcome.
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Members: All New Class - and the new Breakout Program
Start November 9th. Sign Up Now!
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Ready to Launch: Community Breakouts
IF you've been paying attention, then you know that the new book The IT Consultant's Year of Intention is free to you in the community. But we want this to be a lot more than a book. My motto is . . .
Nothing Happens by Itself
And that's why everything we do is focused on taking action to make changes in your business (for the better). Our courses have homework so you are prompted to take action. We produce workbooks and checklists to promote taking action.
And so . . . The new book is also a new class inside the SBT Technology Community.
100% free to members. 100% not available to non-members.
Get all the juicy details (and register) here:
https://www.smallbizthoughts.org/class-and-breakout-based-on-the-new-book-year-of-intention/
The special class is schedule for four sessions:
- November 9
- November 16
- December 7
- December 14
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In each class, we'll go through some of the book and then have "Breakout" session to help you begin planning your 2024 - with Intention. The Breakout will be something like a peer group or mastermind group - but with a defined time frame.
Our new Breakout programs will be very focused on a specific topic - but without the open-ended long-term commitment of most peer groups or mastermind groups. We're using the Year of Intention book to kick off the Breakout program.
If you just want the class - GREAT. Sign up. I promise you'll get great value from it.
If you want peer feedback and a safe space for brainstorming with other IT consultants, that's also GREAT. Jump in and join us.
Those who choose to join the Breakout program will continue to meet for the first few months of 2024. So, you get to customize the experience you get.
Bottom line today: The first class is coming up in a few weeks, so sign up today. You don't have to commit to anything now. But we'd love to have you in class.
Note: All of this is 100% free to members! So jump in.
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Here's the last Community News video: | |
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My cabin on the beach is more isolated than it looks.
There's an actual hotel with rooms that are much more modern . . . But I didn't come to Fiji to experience the same thing I can get in any city in the U.S.
:-)
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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.
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July
XChange Security
July 15-17
Dallas, TX
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November 2024
ChannelPro SMB Forum
Nov. 12-13, 2024
Los Angeles, CA
Stay tuned for info: https://events.channelpronetwork.com/
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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. | |
View this and previous newsletters at
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AI Transparency Statement
We do not use artificial intelligence apps in the writing of any content for this newsletter. Some of our royalty-free paid graphics might use AI-generated images. But all of the writing is by Karl W. Palachuk, or others as noted.
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