March 15, 2025 • 29 mins
In this episode of Peace Luv Biz, hosts Steve and Mary dive into the natural evolution of business. How industries change, how entrepreneurs adapt, and most importantly, how true innovation is born out of necessity.
They break down how some of the most game-changing business ideas didn’t come from a “lightbulb moment” but from solving real-world problems. Whether it’s streamlining processes, filling a market gap, or overcoming a major business challenge, the best innovations come from those who recognize a need and take action.
Key takeaways:
✅ Why necessity is the ultimate driver of business innovation.
✅ How to spot opportunities for growth within your own industry.
✅ The mindset shift that turns challenges into game-changing ideas.
✅ Why staying adaptable is crucial to long-term success.
Be sure to subscribe and visit www.peaceluvbiz.com for free resources, business tips, and expert guidance to help you stay ahead of the curve. Until next time, keep evolving and growing your business with peace and love! 💜💼
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:01):
Hey guys, welcome to another episode of Peace Love Biz.
I'm your host, Steve Higgins.
Today's Innovation Station and we may have a blooper reel someday, which will take care ofthe first recording that we did for this episode.
But that's what you get for recording during a school break.
On the other hand, we are deep in the heart of tax season, Mary surviving, lot of coffee,a lot of late nights, but yeah.
(00:31):
How are you doing there?
Baby Jesus, all the Jesuses.
Caffeine is my friend.
We have three days till the corporate deadline.
So if it's your first time joining us, we have an amazing company, Peace Love Bids.
(00:52):
We're all about holistic accounting.
And so we're all about having balance and work and family.
However, during tax season, there's very little of that.
So, but then, you know, on April 16th, I'm done for like four days.
(01:13):
I don't think I literally just watch reality TV and let my brain go to garbage.
And it's great.
But we're coming up on three days.
We'll have our corporate deadline.
It's March 17th.
because March 15th file falls on a Saturday.
(01:35):
So us accountants love that because we get a couple extra days.
What's really amazing is my goal every year is this.
And every year we get a little bit better is that we'll have to file maybe 30 extensions.
But outside of that, even with those, the extension
(01:58):
gives you until September, but we'll have 90%, 95 % of all of our tax filing done by March31st.
Because I hate making tax season into a tax year.
And that's what usually ends up happening.
(02:18):
yeah, I mean, nonstop.
Yeah.
(02:42):
Well, we've gone through a lot of growth, which has been great.
And then somebody in this team, not saying it's me, every time we get one project almostlike 90 % there comes up with another project.
Yeah, and that's gonna be the theme of today.
That's gonna be today's topic where we're talking about growth and natural progression inbusiness.
(03:08):
What are some things to think about when you're trying to grow?
Yeah, me and Mary are typically good with coming up with random ideas that would benefitthe business, but lately Mary's been on a roll.
Like, she doesn't have enough to think about for some reason, you know?
Yeah.
Well, I will say that I listen every morning.
(03:28):
I get an email and I also listen to their podcast.
It's called AM's AM inspiration.
and I do do a lot of, you know, self talk and listen to upbeat up, you know, upbeatpodcasts.
I'm all about that, you know, live in your best life.
So Steven gets the receiving end of that with all these great ideas after I've done 15hours of accounting and taxes.
(03:54):
I go to start chilling out and as I'm chilling out, all these other ideas pop into my headof what we can be doing.
Well, what was funny is we were talking and catching up on the day last night and we weretalking about a mutual friend and we were like, how can we help them?
And you could see the lightning strike both of us at the same time, even though we weren'ton a Zoom or anything, but you could hear it it's like, we have to do this.
(04:24):
And it was like, but a lot of that stems from knowing the problem and wanting to solve areal problem.
Yeah, it's all about solutions.
mean, if you're not part of the solution, you're part of problem.
We're big believers in that.
You can have your moment, get it out, cry, scream, break something, whatever works foryou, but then get your head back in the game and figure out how to make this happen.
(04:52):
What's the solution to it?
And yeah, you could hear that light bulb go off.
I spend my days helping our clients solve problems you know whether it's a skills gap theyneed need some new employees they need marketing and sales help whatever it is I plug
(05:13):
myself into that gap so if anybody out there struggling to strategize or they just want asound board to talk to on that end you're welcome to reach out go to peacelovebiz.com
go into the Submit a Contact form and we'll get back to you and see what we can do tohelp.
But in the meantime, you know, we're going to keep dishing out a few tips.
(05:36):
Because like you said, it's real world problems, it's we are solutions based.
A lot of people tend to get comfortable in their routine.
Like for you, it would have been easy to be in tax season and just be in tax mode, taxmode.
tax mode.
all fairness, I'm very comfortable in my routine, but my routine is to constantly dosomething more.
(06:01):
Like I'm never, there's never enough.
Okay, I always want to do something more.
I always want to find something else.
That's my routine because that's my personality.
But on the flip side you've got people that they're not built like that.
I'm not trying to say that there's people with businesses that don't have anentrepreneurial mindset.
(06:25):
I just think that they're not well versed in what they need to be doing.
yeah, they're happy with where they're, they're happy at status quo and that's fine.
There's nothing wrong with that.
I'm just, and really none of the projects I've come up with, although I just admitted itwas me, the last couple days, I wish I could say weeks, but that would be a lie.
(06:49):
none of those projects are coming from, I want more money.
They'll result in money.
That's great.
But they're coming from.
my god, we never thought about this.
This solves this problem.
It is more problem solving than money providing, than revenue generating.
(07:12):
It's what would make our lives easier.
Whether it's software, whether it's...
We've grown our team like crazy because of our growth.
Who would thought that we have a team underneath us the way that we do?
But we quickly identified that...
While Mary is a rockstar, we need more Mary-type people.
(07:38):
So we had to go find them.
Yeah.
is amazing.
It's great.
It's, it's exciting to think like, I thought my brain was just, you know, I know it'sspicy, but to find other people that have spicy brain is kind of Spicy brain.
Yeah.
Well, there's mush brain, definitely banana mush at night.
(08:01):
Yeah, that, that, that definitely happens, but
Yeah.
Well...
you know what I forgot about?
know I'm totally going off here, but it's March 14th today.
It's Pi Day.
It's Pi Day and it is our one of our dearest friends, best friends ever.
So happy birthday, Shane.
(08:23):
And, and my adopted kiddo, Paula, it's her birthday.
So I'm so excited.
Pi Day, birthday, family, friends.
Great.
and this is where everybody's gonna turn off this episode, because I'm gonna tell my piejoke.
And that's...
Why did the accountant and the pie not get along?
(08:46):
Because they were too divisive.
And thanks folks, we'll see you next time.
Now, I am here all week.
You guys can just tip your waitress, waiters and waitresses.
And speaking of getting comfortable with disruption, like that's what people have to do.
(09:08):
You know, if they could get into that rut, they could get into the...
They could just be in flow, you know, they could be just doing that much good work thatthey don't feel that they need to get out of their comfort zone.
They don't need to think about the future while they're in the now, but realistically,it's what is...
(09:32):
What does the next six months, what does the next year look like?
You've got to have those goals in mind and if there's things that you need to do toinnovate, to ideate and make life easier or take steps to get there, you've really got to
think about that.
I agree.
think that a key like, okay, and yes, now I'm embedding.
I hate this when I have to admit that you're right, but you are.
(09:56):
I did have three projects this week.
Well, yeah, I did.
I was going to just justify myself, but I really did have three.
But the key with that is hopefully my brain slowed down, like, and stops coming up withprojects.
But we also do these projects, like we build out a timeline.
(10:18):
Look at the podcast.
sure that we can fund every weekend.
You got to be able to fund it.
That's for starters Like you need seed money.
That's okay.
That definitely has a factor in it But then like the time like a realistic timeline thatthe biggest thing I've seen and you've seen it with clients From previous is that they
(10:39):
want this thing to happen, but they're not being reality based in it.
They're just not I Mean when we started this last September
We knew it would take us like six months to turn the corner and we did it.
I actually said six months, didn't I?
Yeah, you did.
You said six months.
Because I asked you, how long do you think?
(11:00):
And I was like, OK, great.
Let's do six.
And we did it in six months.
We put everything in place.
We had our we had our hiccups.
We had our things that you and I which made you and I work even harder.
To get that done, you know, it was great.
And now we're, you know, doing podcasts, so we're getting that we're going to make surethat flows.
(11:25):
Then our next project and then our next project and but we have timelines for it and Ithink business owners they just.
It's like mapping out.
It's like when you write when you're writing a paper, cause I love school.
You start with doing your intro, your body, your conclusion.
And then you fill in from there.
(11:46):
So start with Roman numerals and then add into your your 123s and your ABCs and your suband your sub and your sub.
And that's, you're doing the same thing with any project and with your business.
Don't try to, you eat, what's the expression?
How do you eat an elephant?
One bite at a time.
my god, you're old.
(12:09):
Anybody below the age of 40 probably hasn't heard of that question, but I get it.
Yeah, I mean, it was, yeah.
And thank you to the guys that got me a 50th birthday cake, that was awesome.
I am in my old man phase already, so this is great.
(12:32):
Here's a question, so...
Imitation is the most sincere form of flattery.
Are there any examples from other places, other industries that we can think of?
that really would benefit or just prompt people to think about it.
(12:57):
And the first thing I'd go back to is, look at McDonald's.
And yeah, it's kind of a niche example, but they came up with the first fast foodrestaurant and people weren't okay with it.
They didn't understand it.
And there's the movies out there.
I can't remember the name of it, but is it Kevin Costner's in it?
(13:23):
but it really questions the status quo of how you should run a restaurant.
They're like, where's my napkins?
Where's my silverware?
Where's all of this stuff?
It's like, no, you just pick it up, you eat it.
And it just completely revolutionized things.
(13:44):
So are there others that you can think of that could apply generally?
for business.
a certain edge?
my god, Disney World.
my god.
Okay, yeah.
Rev...
I mean...
Disney World revolutionized entertainment.
(14:07):
It literally started off with this hundreds of acres of land in Florida.
It's a conglomerate.
Yeah.
I'm stupid.
a conglomerate.
I'm stupid, it was Michael Keaton, not Kevin Costner.
Yeah, I hate that I was
(14:28):
you're talking about.
Is it about the history of Mattel's?
Yeah, it was called The Founder.
It's probably been out almost 10 years.
But what's great is Nick Arthurman's in it and I love Nick Arthurman.
The guy from...
Ron from Parks and Rec.
He's like my spirit animal.
(14:48):
So, we'll get into that another time for sure.
But yeah, mean, Disney is the first thing that comes to mind.
Disney is always my first thing.
McDonald's, I mean, McDonald's has turned, McDonald's does every that to conglomerate intheir own, in of their own to the point that they started out their revenue.
The majority of their revenue was selling food.
(15:14):
Now, if you look at their financial statements, food sales is considered other revenue.
main revenue line is coming from franchises.
I mean, that's when you know you've totally changed the picture.
(15:36):
Maybe we'll be part of that one day.
Probably.
Just give it a week and you'll come up with that idea.
I actually just went, heard myself say it.
went, my God, don't do that.
He'll kill you.
No, but you know, we could have satellite offices in XYZ and pretty much franchise it.
(15:59):
But they have to fit the model and you have to create that culture and you have to set upthat plan so that you can set up the franchise model.
It's genius.
It is.
do think one thing while we're talking about like breaking through ideas and breakthroughideas and having, you know, like don't settle, you're going to have disruption.
(16:22):
You know, it's very hard for me.
Like I schedule disruption.
I like my schedules.
I'm super OCD.
and I manage it like internally, but, I just think it's really important when we're doingall this is that is for us having that.
peace of mind and taking a breath and stepping back and remember nobody is going to die.
(16:48):
For some people that is really difficult for them to learn it because it's a balance of wegot to do this.
Let's move.
Let's you know, go, go, go, hype, hype, hype.
But if we don't meet a deadline, no one dies.
It's OK.
And that mindset is we've seen people struggle with it.
(17:10):
It's like
We've seen our clients struggle with it and then they realize, wait, like they fear enoughtimes that we say nobody dies because of accounting.
and I actually I've got a friend of mine who's starting a business and he says you knowI'm just scared to make the jump I'm nervous I you know I'm gonna have to make this big
(17:30):
change and I was like well knowing you you're gonna crush it you're gonna work really hardand you've got the plan you know what you're doing you've got stuff lined up it's it
should work for you he says but I'm worried about my bills and you said this before and
(17:51):
you no longer worry about money because you work your ass off day in day out and you knowthat everything will take care of itself because you do things the right way.
Yeah, I've only had two times in my entire life, in my entire adult life, and yes, I'm 50,few specific times I worried about money, and it caused me the most anxiety I've ever had.
(18:18):
And I just don't.
I don't because I know I show up and I do what I gotta do every day.
I always have.
You know, got to know yourself.
people can, you know, I suffered years of depression, which you know, and you'veexperienced with me.
(18:39):
Even in the worst moments of my severe depression, I always knew that I could still do it.
I always knew that I was never going to give up and I didn't.
That's why we're doing this.
That's why we're at this point right now, because I always knew, no matter how bad I felt,I knew I could do anything I put my mind to.
Yeah.
(19:00):
And that's huge.
And we do have those downs.
I typically go through one every year.
Like, I go into my own head.
It's kind of a cyclical seasonal depression almost type of thing and people are like,you've got that.
I was like, I don't want to admit that.
That's weird.
You know, honestly, you haven't had one since August.
(19:24):
Yeah.
So that means...
it's it's the slow it's back to the expression of do what you do what you love and you'llnever work a day in your life.
We work insane amount of hours, which again work life balance.
We've got to get to at some point, but we work in insane amount of hours, but weabsolutely love it.
We absolutely love what we do.
(19:45):
think that to that point, my problem is that when I'm starting to settle down for theevening, I relax myself and that's when my brain kicks into gear.
Like, it's weird, like, because you've relaxed yourself, you become into that zen state,that genius state, and I think that's what happened to you last night too, a little bit.
(20:10):
Even though you were still plugging away.
your song hits and then all of sudden, boom inspiration.
Mary has a song that somehow pops up randomly on her playlist that signals when it's timeto start winding down and she's pretty much there every day and it's kind of freaky at
this point.
(20:31):
When I play the same playlist all day, it's like three hours, but all of a sudden,whatever time I'm supposed to stop, and I stop random times every day, it just comes on
and it goes into repeat mode.
It's the strangest thing.
And I'm like, okay.
And then I listen to that all night as cello's chit chatting about whatever.
(20:52):
And then my brain has to go into Spanish mode.
So that's fun.
Yeah, I don't...
That's a lie.
I have to talk baby and child.
Yeah, yeah, you have to talk to.
it's a different language.
But I think the whole point of this is sometimes to generate your best ideas you have toget out of your comfort zone.
(21:18):
I definitely wanted to say that you've got to collaborate.
You're not on your own anywhere.
I'm sure that even if you think you're starting your own business...
you have somebody that you can trust and talk to and develop ideas and if you don't havethat person or you feel like you don't have the right people for that then reach out to us
send us a message go to Facebook Instagram drop us a DM call the number 844-Piece20 andyou know it's not a hotline for sure but we'll get we'll make sure that we take care of
(21:51):
you you know we're
you can't do it alone.
And we figured that out.
We finally figured it out way too late.
But also, exactly when the universe knew we needed it and it came, I mean, we say everyday, multiple times a day, that's why we have a Steven, that's why we have a Mary.
(22:13):
Everybody, I need my Steven and Steven needs his Mary.
Everybody needs that person.
We need our team.
Our team is amazing.
I didn't realize how much we needed the team that we have until we had it.
It's like, my God, this is amazing.
I don't know how we found this team either, they're just so cool.
like all of our team is all over the world.
(22:35):
So that's another part.
Like I have to start early because it's late for them and they're asking questions.
And then by the time I'm done, they're starting.
then I'm like, my brain gets like maybe six hours of rest, but hopefully that'll, yeah.
Well, I don't have kids.
So I don't have kids.
(22:55):
You have children to deal with.
I don't have that little problem anymore.
So.
also have my own problem where I can't shut off at night, but that's for another time forsure.
That's also for my sleeping pills are invented.
They don't...
Yeah.
I'm too much of a martyr to take sleeping pills and it's a problem.
(23:20):
Yeah, I don't care.
No one's gonna name me St.
Mary, so we're good.
I know that.
if anything, like, they're gonna be like, how did she get into heaven?
How did that happen?
Which I don't think a little bit, who knows.
But then we're like, how?
Who did she pay?
You know what you did, you planned accordingly with great tax strategies and things likethat, you put things in place.
(23:48):
You'll get in because of the amount of people that we help.
Obviously we started the non-profit.
people up there already that I think they should be putting a good word in for me.
Like, that's kind of ridiculous, so...
Yeah, I would hope so, but...
Well we did start the non-profit as well so we're working on goals after tax season tostart implementing things and start working to help even more people outside of the
(24:15):
business and the accounting side of stuff so...
Yeah, that non-profit is going to be amazing.
That's something we need to talk about one day because it's not even accounting related atall.
It's completely different thing.
But I mean, I will say this with going through this tax statement so far.
(24:38):
you're not happy with your tech, remember your CPA and your tax preparer, this is notdogging on anybody.
This is just
being real.
Set your expectations.
You're giving them the information.
They're providing your paperwork, your tactics to you.
(24:59):
A CPA is making sure that you don't have the IRS knocking at your door.
That's their job.
How you engage with them, whether there's tax planning involved, tax planning does nothappen when they're doing the taxes.
Tax planning is an ongoing, it's a living organism.
It's an ongoing thing.
(25:19):
If you don't honestly, I've never had this.
Well, we've had this before, but last night was great.
We were talking with a client of ours and they were literally like, I just love you guys.
I love you.
Like how many times it was great.
But I'm not saying that everybody's going to have that feeling with their tax, theiraccountant or their tax preparer or their tax planner, but you should be able to sleep at
(25:45):
night.
The amount of people I've spoken to in the last couple of weeks that are unhappy withtheir preparers because they're saying that they can't get hold of them.
That should be a prerequisite for any professional.
You've got to be able to get hold of your CPA, your tax preparer.
If they don't want to get back to you, then that's, that's, to me, that's a red flag.
(26:09):
It's so transactional of a relationship that that's not who you want to be doing businesswith in my mind.
you want to be able to build that relationship so that your CPA or your accountant gets toknow you and know what you're trying to do so you can plan accordingly, get your goals in
order, tell you if you're not being realistic.
(26:29):
But what we found is that goals are definitely achievable if you have the rightprofessionals in place.
So, yeah.
Well, our client, one of our clients last night, I was on the phone with him what at nine,10 o'clock at night.
And we're talking going through his, his taxes and going through what's going on with hisbusiness.
(26:49):
This guy, he already needs he, he started off with the as a food truck, a single foodtruck built it out, did everything put his heart, everything into it.
He needs right now he honestly needs the second food truck and a location.
Like, and that's in
That's in the same amount of time that you and I have been doing this.
(27:11):
In six months.
Yep, so if anybody knows a commercial realtor in Birmingham, Alabama, let us know.
We are, you know, as we build this out we're going to be looking for, I'll go look, but ifanybody wants to shout out, come and help out, then let us know.
(27:32):
We're always looking for those connections and those partners to work with, Well.
Absolutely.
I think that just about wraps up this episode.
think we got through some good stuff.
If you guys are looking for help with any business development, if you're looking for anew perspective on your taxes and your preparation methods, then reach out to us.
(27:59):
We're available.
accounting gives you sleepless nights, read us.
Hey, reminder, text headlines coming up.
So get your extensions in if you need them.
Better yet, get your filings done and just get it over with.
And just remember, anything, whether you think you can or you think you cannot, you'recorrect.
(28:20):
It's all about your mindset.
yep well make sure to go to www.peacelovebiz.com peace l u v b i z dot com submit yourquestions we want to be doing a question and answer session soon so submit your questions
to us we'll get them answered and if you guys need help with your account and all yourbusiness development get a hold of us and we'll sit down with a consultation see what we
(28:48):
do to help until next time guys have a peaceful day
Have pie.
and I'll buy a pie so much French French silk pie yes
yum yum.
Hey guys, welcome to another episode of Peace Love Biz.
I'm your host, Steve Higgins.
Today's Innovation Station and we may have a blooper reel someday, which will take care ofthe first recording that we did for this episode.
But that's what you get for recording during a school break.
On the other hand, we are deep in the heart of tax season, Mary surviving, lot of coffee,a lot of late nights, but yeah.
(00:31):
How are you doing there?
Baby Jesus, all the Jesuses.
Caffeine is my friend.
We have three days till the corporate deadline.
So if it's your first time joining us, we have an amazing company, Peace Love Bids.
(00:52):
We're all about holistic accounting.
And so we're all about having balance and work and family.
However, during tax season, there's very little of that.
So, but then, you know, on April 16th, I'm done for like four days.
(01:13):
I don't think I literally just watch reality TV and let my brain go to garbage.
And it's great.
But we're coming up on three days.
We'll have our corporate deadline.
It's March 17th.
because March 15th file falls on a Saturday.
(01:35):
So us accountants love that because we get a couple extra days.
What's really amazing is my goal every year is this.
And every year we get a little bit better is that we'll have to file maybe 30 extensions.
But outside of that, even with those, the extension
(01:58):
gives you until September, but we'll have 90%, 95 % of all of our tax filing done by March31st.
Because I hate making tax season into a tax year.
And that's what usually ends up happening.
(02:18):
yeah, I mean, nonstop.
Yeah.
(02:42):
Well, we've gone through a lot of growth, which has been great.
And then somebody in this team, not saying it's me, every time we get one project almostlike 90 % there comes up with another project.
Yeah, and that's gonna be the theme of today.
That's gonna be today's topic where we're talking about growth and natural progression inbusiness.
(03:08):
What are some things to think about when you're trying to grow?
Yeah, me and Mary are typically good with coming up with random ideas that would benefitthe business, but lately Mary's been on a roll.
Like, she doesn't have enough to think about for some reason, you know?
Yeah.
Well, I will say that I listen every morning.
(03:28):
I get an email and I also listen to their podcast.
It's called AM's AM inspiration.
and I do do a lot of, you know, self talk and listen to upbeat up, you know, upbeatpodcasts.
I'm all about that, you know, live in your best life.
So Steven gets the receiving end of that with all these great ideas after I've done 15hours of accounting and taxes.
(03:54):
I go to start chilling out and as I'm chilling out, all these other ideas pop into my headof what we can be doing.
Well, what was funny is we were talking and catching up on the day last night and we weretalking about a mutual friend and we were like, how can we help them?
And you could see the lightning strike both of us at the same time, even though we weren'ton a Zoom or anything, but you could hear it it's like, we have to do this.
(04:24):
And it was like, but a lot of that stems from knowing the problem and wanting to solve areal problem.
Yeah, it's all about solutions.
mean, if you're not part of the solution, you're part of problem.
We're big believers in that.
You can have your moment, get it out, cry, scream, break something, whatever works foryou, but then get your head back in the game and figure out how to make this happen.
(04:52):
What's the solution to it?
And yeah, you could hear that light bulb go off.
I spend my days helping our clients solve problems you know whether it's a skills gap theyneed need some new employees they need marketing and sales help whatever it is I plug
(05:13):
myself into that gap so if anybody out there struggling to strategize or they just want asound board to talk to on that end you're welcome to reach out go to peacelovebiz.com
go into the Submit a Contact form and we'll get back to you and see what we can do tohelp.
But in the meantime, you know, we're going to keep dishing out a few tips.
(05:36):
Because like you said, it's real world problems, it's we are solutions based.
A lot of people tend to get comfortable in their routine.
Like for you, it would have been easy to be in tax season and just be in tax mode, taxmode.
tax mode.
all fairness, I'm very comfortable in my routine, but my routine is to constantly dosomething more.
(06:01):
Like I'm never, there's never enough.
Okay, I always want to do something more.
I always want to find something else.
That's my routine because that's my personality.
But on the flip side you've got people that they're not built like that.
I'm not trying to say that there's people with businesses that don't have anentrepreneurial mindset.
(06:25):
I just think that they're not well versed in what they need to be doing.
yeah, they're happy with where they're, they're happy at status quo and that's fine.
There's nothing wrong with that.
I'm just, and really none of the projects I've come up with, although I just admitted itwas me, the last couple days, I wish I could say weeks, but that would be a lie.
(06:49):
none of those projects are coming from, I want more money.
They'll result in money.
That's great.
But they're coming from.
my god, we never thought about this.
This solves this problem.
It is more problem solving than money providing, than revenue generating.
(07:12):
It's what would make our lives easier.
Whether it's software, whether it's...
We've grown our team like crazy because of our growth.
Who would thought that we have a team underneath us the way that we do?
But we quickly identified that...
While Mary is a rockstar, we need more Mary-type people.
(07:38):
So we had to go find them.
Yeah.
is amazing.
It's great.
It's, it's exciting to think like, I thought my brain was just, you know, I know it'sspicy, but to find other people that have spicy brain is kind of Spicy brain.
Yeah.
Well, there's mush brain, definitely banana mush at night.
(08:01):
Yeah, that, that, that definitely happens, but
Yeah.
Well...
you know what I forgot about?
know I'm totally going off here, but it's March 14th today.
It's Pi Day.
It's Pi Day and it is our one of our dearest friends, best friends ever.
So happy birthday, Shane.
(08:23):
And, and my adopted kiddo, Paula, it's her birthday.
So I'm so excited.
Pi Day, birthday, family, friends.
Great.
and this is where everybody's gonna turn off this episode, because I'm gonna tell my piejoke.
And that's...
Why did the accountant and the pie not get along?
(08:46):
Because they were too divisive.
And thanks folks, we'll see you next time.
Now, I am here all week.
You guys can just tip your waitress, waiters and waitresses.
And speaking of getting comfortable with disruption, like that's what people have to do.
(09:08):
You know, if they could get into that rut, they could get into the...
They could just be in flow, you know, they could be just doing that much good work thatthey don't feel that they need to get out of their comfort zone.
They don't need to think about the future while they're in the now, but realistically,it's what is...
(09:32):
What does the next six months, what does the next year look like?
You've got to have those goals in mind and if there's things that you need to do toinnovate, to ideate and make life easier or take steps to get there, you've really got to
think about that.
I agree.
think that a key like, okay, and yes, now I'm embedding.
I hate this when I have to admit that you're right, but you are.
(09:56):
I did have three projects this week.
Well, yeah, I did.
I was going to just justify myself, but I really did have three.
But the key with that is hopefully my brain slowed down, like, and stops coming up withprojects.
But we also do these projects, like we build out a timeline.
(10:18):
Look at the podcast.
sure that we can fund every weekend.
You got to be able to fund it.
That's for starters Like you need seed money.
That's okay.
That definitely has a factor in it But then like the time like a realistic timeline thatthe biggest thing I've seen and you've seen it with clients From previous is that they
(10:39):
want this thing to happen, but they're not being reality based in it.
They're just not I Mean when we started this last September
We knew it would take us like six months to turn the corner and we did it.
I actually said six months, didn't I?
Yeah, you did.
You said six months.
Because I asked you, how long do you think?
(11:00):
And I was like, OK, great.
Let's do six.
And we did it in six months.
We put everything in place.
We had our we had our hiccups.
We had our things that you and I which made you and I work even harder.
To get that done, you know, it was great.
And now we're, you know, doing podcasts, so we're getting that we're going to make surethat flows.
(11:25):
Then our next project and then our next project and but we have timelines for it and Ithink business owners they just.
It's like mapping out.
It's like when you write when you're writing a paper, cause I love school.
You start with doing your intro, your body, your conclusion.
And then you fill in from there.
(11:46):
So start with Roman numerals and then add into your your 123s and your ABCs and your suband your sub and your sub.
And that's, you're doing the same thing with any project and with your business.
Don't try to, you eat, what's the expression?
How do you eat an elephant?
One bite at a time.
my god, you're old.
(12:09):
Anybody below the age of 40 probably hasn't heard of that question, but I get it.
Yeah, I mean, it was, yeah.
And thank you to the guys that got me a 50th birthday cake, that was awesome.
I am in my old man phase already, so this is great.
(12:32):
Here's a question, so...
Imitation is the most sincere form of flattery.
Are there any examples from other places, other industries that we can think of?
that really would benefit or just prompt people to think about it.
(12:57):
And the first thing I'd go back to is, look at McDonald's.
And yeah, it's kind of a niche example, but they came up with the first fast foodrestaurant and people weren't okay with it.
They didn't understand it.
And there's the movies out there.
I can't remember the name of it, but is it Kevin Costner's in it?
(13:23):
but it really questions the status quo of how you should run a restaurant.
They're like, where's my napkins?
Where's my silverware?
Where's all of this stuff?
It's like, no, you just pick it up, you eat it.
And it just completely revolutionized things.
(13:44):
So are there others that you can think of that could apply generally?
for business.
a certain edge?
my god, Disney World.
my god.
Okay, yeah.
Rev...
I mean...
Disney World revolutionized entertainment.
(14:07):
It literally started off with this hundreds of acres of land in Florida.
It's a conglomerate.
Yeah.
I'm stupid.
a conglomerate.
I'm stupid, it was Michael Keaton, not Kevin Costner.
Yeah, I hate that I was
(14:28):
you're talking about.
Is it about the history of Mattel's?
Yeah, it was called The Founder.
It's probably been out almost 10 years.
But what's great is Nick Arthurman's in it and I love Nick Arthurman.
The guy from...
Ron from Parks and Rec.
He's like my spirit animal.
(14:48):
So, we'll get into that another time for sure.
But yeah, mean, Disney is the first thing that comes to mind.
Disney is always my first thing.
McDonald's, I mean, McDonald's has turned, McDonald's does every that to conglomerate intheir own, in of their own to the point that they started out their revenue.
The majority of their revenue was selling food.
(15:14):
Now, if you look at their financial statements, food sales is considered other revenue.
main revenue line is coming from franchises.
I mean, that's when you know you've totally changed the picture.
(15:36):
Maybe we'll be part of that one day.
Probably.
Just give it a week and you'll come up with that idea.
I actually just went, heard myself say it.
went, my God, don't do that.
He'll kill you.
No, but you know, we could have satellite offices in XYZ and pretty much franchise it.
(15:59):
But they have to fit the model and you have to create that culture and you have to set upthat plan so that you can set up the franchise model.
It's genius.
It is.
do think one thing while we're talking about like breaking through ideas and breakthroughideas and having, you know, like don't settle, you're going to have disruption.
(16:22):
You know, it's very hard for me.
Like I schedule disruption.
I like my schedules.
I'm super OCD.
and I manage it like internally, but, I just think it's really important when we're doingall this is that is for us having that.
peace of mind and taking a breath and stepping back and remember nobody is going to die.
(16:48):
For some people that is really difficult for them to learn it because it's a balance of wegot to do this.
Let's move.
Let's you know, go, go, go, hype, hype, hype.
But if we don't meet a deadline, no one dies.
It's OK.
And that mindset is we've seen people struggle with it.
(17:10):
It's like
We've seen our clients struggle with it and then they realize, wait, like they fear enoughtimes that we say nobody dies because of accounting.
and I actually I've got a friend of mine who's starting a business and he says you knowI'm just scared to make the jump I'm nervous I you know I'm gonna have to make this big
(17:30):
change and I was like well knowing you you're gonna crush it you're gonna work really hardand you've got the plan you know what you're doing you've got stuff lined up it's it
should work for you he says but I'm worried about my bills and you said this before and
(17:51):
you no longer worry about money because you work your ass off day in day out and you knowthat everything will take care of itself because you do things the right way.
Yeah, I've only had two times in my entire life, in my entire adult life, and yes, I'm 50,few specific times I worried about money, and it caused me the most anxiety I've ever had.
(18:18):
And I just don't.
I don't because I know I show up and I do what I gotta do every day.
I always have.
You know, got to know yourself.
people can, you know, I suffered years of depression, which you know, and you'veexperienced with me.
(18:39):
Even in the worst moments of my severe depression, I always knew that I could still do it.
I always knew that I was never going to give up and I didn't.
That's why we're doing this.
That's why we're at this point right now, because I always knew, no matter how bad I felt,I knew I could do anything I put my mind to.
Yeah.
(19:00):
And that's huge.
And we do have those downs.
I typically go through one every year.
Like, I go into my own head.
It's kind of a cyclical seasonal depression almost type of thing and people are like,you've got that.
I was like, I don't want to admit that.
That's weird.
You know, honestly, you haven't had one since August.
(19:24):
Yeah.
So that means...
it's it's the slow it's back to the expression of do what you do what you love and you'llnever work a day in your life.
We work insane amount of hours, which again work life balance.
We've got to get to at some point, but we work in insane amount of hours, but weabsolutely love it.
We absolutely love what we do.
(19:45):
think that to that point, my problem is that when I'm starting to settle down for theevening, I relax myself and that's when my brain kicks into gear.
Like, it's weird, like, because you've relaxed yourself, you become into that zen state,that genius state, and I think that's what happened to you last night too, a little bit.
(20:10):
Even though you were still plugging away.
your song hits and then all of sudden, boom inspiration.
Mary has a song that somehow pops up randomly on her playlist that signals when it's timeto start winding down and she's pretty much there every day and it's kind of freaky at
this point.
(20:31):
When I play the same playlist all day, it's like three hours, but all of a sudden,whatever time I'm supposed to stop, and I stop random times every day, it just comes on
and it goes into repeat mode.
It's the strangest thing.
And I'm like, okay.
And then I listen to that all night as cello's chit chatting about whatever.
(20:52):
And then my brain has to go into Spanish mode.
So that's fun.
Yeah, I don't...
That's a lie.
I have to talk baby and child.
Yeah, yeah, you have to talk to.
it's a different language.
But I think the whole point of this is sometimes to generate your best ideas you have toget out of your comfort zone.
(21:18):
I definitely wanted to say that you've got to collaborate.
You're not on your own anywhere.
I'm sure that even if you think you're starting your own business...
you have somebody that you can trust and talk to and develop ideas and if you don't havethat person or you feel like you don't have the right people for that then reach out to us
send us a message go to Facebook Instagram drop us a DM call the number 844-Piece20 andyou know it's not a hotline for sure but we'll get we'll make sure that we take care of
(21:51):
you you know we're
you can't do it alone.
And we figured that out.
We finally figured it out way too late.
But also, exactly when the universe knew we needed it and it came, I mean, we say everyday, multiple times a day, that's why we have a Steven, that's why we have a Mary.
(22:13):
Everybody, I need my Steven and Steven needs his Mary.
Everybody needs that person.
We need our team.
Our team is amazing.
I didn't realize how much we needed the team that we have until we had it.
It's like, my God, this is amazing.
I don't know how we found this team either, they're just so cool.
like all of our team is all over the world.
(22:35):
So that's another part.
Like I have to start early because it's late for them and they're asking questions.
And then by the time I'm done, they're starting.
then I'm like, my brain gets like maybe six hours of rest, but hopefully that'll, yeah.
Well, I don't have kids.
So I don't have kids.
(22:55):
You have children to deal with.
I don't have that little problem anymore.
So.
also have my own problem where I can't shut off at night, but that's for another time forsure.
That's also for my sleeping pills are invented.
They don't...
Yeah.
I'm too much of a martyr to take sleeping pills and it's a problem.
(23:20):
Yeah, I don't care.
No one's gonna name me St.
Mary, so we're good.
I know that.
if anything, like, they're gonna be like, how did she get into heaven?
How did that happen?
Which I don't think a little bit, who knows.
But then we're like, how?
Who did she pay?
You know what you did, you planned accordingly with great tax strategies and things likethat, you put things in place.
(23:48):
You'll get in because of the amount of people that we help.
Obviously we started the non-profit.
people up there already that I think they should be putting a good word in for me.
Like, that's kind of ridiculous, so...
Yeah, I would hope so, but...
Well we did start the non-profit as well so we're working on goals after tax season tostart implementing things and start working to help even more people outside of the
(24:15):
business and the accounting side of stuff so...
Yeah, that non-profit is going to be amazing.
That's something we need to talk about one day because it's not even accounting related atall.
It's completely different thing.
But I mean, I will say this with going through this tax statement so far.
(24:38):
you're not happy with your tech, remember your CPA and your tax preparer, this is notdogging on anybody.
This is just
being real.
Set your expectations.
You're giving them the information.
They're providing your paperwork, your tactics to you.
(24:59):
A CPA is making sure that you don't have the IRS knocking at your door.
That's their job.
How you engage with them, whether there's tax planning involved, tax planning does nothappen when they're doing the taxes.
Tax planning is an ongoing, it's a living organism.
It's an ongoing thing.
(25:19):
If you don't honestly, I've never had this.
Well, we've had this before, but last night was great.
We were talking with a client of ours and they were literally like, I just love you guys.
I love you.
Like how many times it was great.
But I'm not saying that everybody's going to have that feeling with their tax, theiraccountant or their tax preparer or their tax planner, but you should be able to sleep at
(25:45):
night.
The amount of people I've spoken to in the last couple of weeks that are unhappy withtheir preparers because they're saying that they can't get hold of them.
That should be a prerequisite for any professional.
You've got to be able to get hold of your CPA, your tax preparer.
If they don't want to get back to you, then that's, that's, to me, that's a red flag.
(26:09):
It's so transactional of a relationship that that's not who you want to be doing businesswith in my mind.
you want to be able to build that relationship so that your CPA or your accountant gets toknow you and know what you're trying to do so you can plan accordingly, get your goals in
order, tell you if you're not being realistic.
(26:29):
But what we found is that goals are definitely achievable if you have the rightprofessionals in place.
So, yeah.
Well, our client, one of our clients last night, I was on the phone with him what at nine,10 o'clock at night.
And we're talking going through his, his taxes and going through what's going on with hisbusiness.
(26:49):
This guy, he already needs he, he started off with the as a food truck, a single foodtruck built it out, did everything put his heart, everything into it.
He needs right now he honestly needs the second food truck and a location.
Like, and that's in
That's in the same amount of time that you and I have been doing this.
(27:11):
In six months.
Yep, so if anybody knows a commercial realtor in Birmingham, Alabama, let us know.
We are, you know, as we build this out we're going to be looking for, I'll go look, but ifanybody wants to shout out, come and help out, then let us know.
(27:32):
We're always looking for those connections and those partners to work with, Well.
Absolutely.
I think that just about wraps up this episode.
think we got through some good stuff.
If you guys are looking for help with any business development, if you're looking for anew perspective on your taxes and your preparation methods, then reach out to us.
(27:59):
We're available.
accounting gives you sleepless nights, read us.
Hey, reminder, text headlines coming up.
So get your extensions in if you need them.
Better yet, get your filings done and just get it over with.
And just remember, anything, whether you think you can or you think you cannot, you'recorrect.
(28:20):
It's all about your mindset.
yep well make sure to go to www.peacelovebiz.com peace l u v b i z dot com submit yourquestions we want to be doing a question and answer session soon so submit your questions
to us we'll get them answered and if you guys need help with your account and all yourbusiness development get a hold of us and we'll sit down with a consultation see what we
(28:48):
do to help until next time guys have a peaceful day
Have pie.
and I'll buy a pie so much French French silk pie yes
yum yum.
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