Why every successful potential partner needs to identify their firm’s values fast
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Why every successful potential partner needs to identify their firm’s values fast

I was talking to a highly respected and long-serving partner from a top twenty accountancy practice a few weeks ago. It was with great sadness that he told me that the firm’s values seemed to have changed for the worst, and they no longer matched with his. At this point, I knew that he was…

5 ways to build your profile without physically being there – Part 2
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5 ways to build your profile without physically being there – Part 2

This is part 2 in a blog series about how to build your profile without physically being there. In part 1 we looked at the importance of prioritizing who you will meet and which events you will attend. We also examined how social networking allows you to build your profile without leaving your desk, or…

5 ways to build your profile without physically being there – Part 1
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5 ways to build your profile without physically being there – Part 1

When I started my own business I had a 20 month old and a 3 year old. My decision to be my own boss had been preceded being made redundant, whilst the global economy crashed. Yes, that was three years ago. As my business was started in haste, I didn’t have the luxury of pots…

Make partner and still have a life – It’s a choice
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Make partner and still have a life – It’s a choice

I was having a conversation today about the whole ‘how to make partner and still have a life’ proposition. In the conversation we explored our reactions to an e-mail I had received from one of my network, which contained the damning and immensely sad lines: I don’t think my firm would approve of me wanting…

27 reasons why you may have lost your career mojo
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27 reasons why you may have lost your career mojo

In yesterday’s post we looked at ways to identify if you are lacking in career ambition. In today’s post we look at the many reasons why you may have lost your career ambition: 1. Bored 2. Don’t trust your firm 3. Don’t trust your partner 4. Don’t trust your mentor 5. Don’t trust your counseling/line/staff/appraising…

How is my firm normally funded?
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How is my firm normally funded?

Most professional partnerships are not limited companies, but are owned solely by the partners within the company. If you want to be admitted to the partnership you will typically be asked to cough up a capital sum, to qualify for a slice of the firm’s equity. This capital injection could be as little as £30k…

What financial terms do I need to be familiar with if I am going to be a partner?
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What financial terms do I need to be familiar with if I am going to be a partner?

What many potential partners forget is that becoming a partner is also taking a step up and owning a slice of the business. As every business owner knows, you don’t need to be an accountant to manage the finances of your business carefully, but you do need to be familiar with the financial KPIs which…

Are you self-medicating to keep up with your peers?
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Are you self-medicating to keep up with your peers?

I’d had 3 hours sleep. An energy-sapping day networking at a conference loomed large in my consciousness. I was fairly confident that I would be fine and get through the day. How did I know that? The benefits of having two young children have taught me that adrenaline will get me through these tough situations…

I missed my son’s starring moment on the football field
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I missed my son’s starring moment on the football field

Today my son was man of the match at his football tournament. I was absolutely gutted. I’d missed his moment of glory whilst I spent time working away at a conference in Lisbon. By the time I fly in, he will be asleep and all I want to do is give him a big cuddle…

Barriers to firm growth: keeping it all up in your head
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Barriers to firm growth: keeping it all up in your head

For the 1st time ever I was heckled during a keynote speech. I know, it had to happen at some point… but despite my polite acknowledgement, it was a battle I couldn’t win at that point in time. So, what produced the emotion from my delegate? It was the suggestion that if firms are to increase…

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