Monday, December 28th, 2020

An Investment

“It takes courage to grow up and become who you really are.” – E.E. Cummings

The military takes a young, enthusiastic person and turns them into highly-skilled soldiers, sailors, marines, etc. These very young people have huge, life or death responsibilities. (Haven’t you seen the documentaries about the flight deck crew on an aircraft carrier?)

They do this by training, training and more training. It is how they build for the future.

Training is not an expense – – it is an important investment.

In many accounting firms, the partners are focused too much on the cost of training. Be generous with training dollars. It is an important investment in the future of your firm.

Too often I have heard CPA firm employees say, “Oh, my partners would never pay for that (fill-in the blank).” They are hesitant to pay for training, a conference, a subscription to a publication, coaching or even a book!

Again, if you want to build future leaders for your firm, be generous with training, training, and more training.

  • "You cannot prevent a major catastrophe, but you can build an organization that is battle-ready, where people trust one another. In military training, the first rule is to instill soldiers with trust in their officers - because without trust, they won't fight."
  • Peter Drucker

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