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Index Pages: 1 - 2
Can You Play the Drums?

 by: Erin Banister

When I was a child, all I wanted from life was to be able to play every instrument under the sun. Pretty lofty goal, right?

I spent a couple decades learning numerous instruments, a couple I mastered; with many of the instruments I considered myself an
average player, but that was ok – at least I could do it! Years went by, I kept learning new instruments, and I was very proud of myself.

One day, I decided it was time to learn the drums. I started with the snare drum, and I was fair at playing that. Next, the
tri-toms, the bass drum, symbols, and so on. Being the overachiever that I am, I decided one day to get a drum set. I
worked on it, day in and out, striving to make some sense out of this set of drums. I banged on them endlessly, struggling to find
my beat – to make them all work together while in my hands. My father, being a kind soul, walked in on me playing my drum set
and said, “You know, you look like a maniac flailing around over there.”

Skip forward several years later. I still have that drum set (in my shed), and I still play it occasionally. No set of lessons, books, or study seems to teach my feet and hands to move as they should with the drums. My beats end up half-witted, and I’ve resigned myself to the fact that 1) I can’t do it all myself and 2) If I need a drummer, I might as well hire a professional.

The moral of my story is, I know what I can and can’t achieve. The drums are not my ‘cup of tea’, but I know of several
individuals who are very good at the drums. This is true in my business as well; while I can keep my books and do my personal
taxes, when I put all of the accounting/bookkeeping together, I end up flailing like a maniac once again.

Many business owners seem to be under the assumption that they can do it all, that they can be the catch-all support that their
business needs. In my experience, this is only not true, but can also make your business look very unprofessional. Your ability to say, “I’m not a web designer” or “I’m not an accountant” or “I don’t know my head from a hole in the ground in regards to [fill in the blank]” will set your business apart from the crowd. I can
give you a great for instance: I know next to nothing about real estate. I know it has something to do with houses, mortgages,
listings, and showings; but what good does that do me? However, I know a friend of mine has ample experience in real estate, and this is her niche market. Thus, every inquiry I get about real estate I send to my friend.

We all forget at one time or another that we can’t do everything, and take on projects we are blatantly not qualified for. It is imperative that we not only find our niche market, but also figure out what we cannot accomplish successfully, and pass it on to someone who does.

I cannot play the drums, but I am a master at the flute and trombone. I cannot do bookkeeping/accounting, but am a whiz at
marketing and design. How about you?

About the author:
Erin Banister is the president of TrinityJacobs – Your Personal Virtual Assistant. Erin’s expertise includes marketing and desktop publishing, amongst other administrative specialties. For
more information, visit http://www.TrinityJacobs.com

More Resources

01/05/2009 03:17 PM
S.E.C. Answers Critics of Fair-Value Accounting (New York Times)
For those on Wall Street who hope that 2009 will bring some relief from mark-to-market accounting rules, the Securities and Exchange Commission had some glum tidings last week.
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Schroders on lookout for accounting shocks (Reuters via Yahoo! UK & Ireland News)
Fund manager Schroders has begun screening big European companies in an attempt to avoid those with imprudent accounting practices that are likely to run into trouble in the economic downturn.
01/05/2009 12:14 PM
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Dec. 30, 2008 (Xinhua Financial News) There is no need to suspend a controversial accounting rule used to value hard-to-price assets such as the toxic debt underlying the U.S. housing crisis, according to a U.S. Securities and Exchange Commission study released on Tuesday.
01/05/2009 12:38 PM
Fund firm says on lookout for accounting shocks (The Forex Market)
LONDON, Jan 5 (Reuters) - British fund manager Schroders has begun screening big European companies in an attempt to avoid those with imprudent accounting practices that are likely to run into trouble in the economic downturn.
01/05/2009 09:22 AM
Sikich Named Technology Pacesetter for 2008 by Accounting Technology (Marketwire via Yahoo! Finance)
The editors of Accounting Technology are pleased to announce that Sikich has been chosen as a Technology Pacesetter for 2008.
01/04/2009 07:39 AM
Accounting push hit by politicking (The Age)
World leaders have vowed to help prevent future financial meltdowns by creating international accounting standards so all companies would play by the same rules.
01/04/2009 09:40 AM
PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD INSPECTION REPORTS UPDATE (Accounting Education)
The Public Company Accounting Oversight Board has updated its audit firm inspection reports. AJ. Robbins, P.C. Causey Demgen & Moore Inc.
01/05/2009 12:44 PM
Schroders on lookout for accounting shocks (Interactive Investor)
Mon 05 Jan, 2009 17:29
01/05/2009 01:00 PM
(AFX UK Focus) 2009-01-05 17:35 Fund firm says on lookout for accounting shocks (Interactive Investor)
By Jane Baird
01/04/2009 01:00 AM
Buchanan opens accounting business (Asheville Citizen-Times)
ASHEVILLE – Charlene Buchanan has opened All About Accounting, which provides a range of services for small business owners.

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